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Construction in Progress

Construction in progress refers to the construction costs associated with the building of fixed long-term assets. These assets, which are not yet completed, may include buildings, infrastructure, and fixed equipment.

The Office of the Controller works closely with staff in the Office of Facilities Management and Planning to identify and capitalize construction projects for financial statement reporting purposes.

Cash Transfer Requests for Construction Projects coordinated by Facilities Management must use GL Accounts 757005 and 657005. The form should be submitted via the Smart Journal Tool.

For guidance, please see the Smart Journal Entry Manual:


For Training Resources (Smart Journal) please visit: