Accounting Rules Categories - Recording Quarterly Allotments

Definition:

General government agencies are allotted portions of their authorized budget on a quarterly basis. Quarterly allotments are recorded through the Budgetary Control (BC) module, using journal voucher screens, as data type 2 transactions.

Rules:

AL Allotment/Reversion Offset (Net Allotment)
 

  • Records net allotment.
  • Use a 17 document ID.
  • Keeps original transaction.

 

Account

Keyed
Sequence

#
Accounts

Posted
Centers

Posted
Rvrs

DR/CR
111270

 
1

2
Same as keyed

439100
Same as Keyed

~~~~~~~~~
No

Yes

 

 


EL Allotment/Reversion Offset (Budgeted Requirements)
 

  • Records authorized and certified budgetary expenditure entry.
  • Use a 17 document ID.

 

Account

Keyed
Sequence

#
Accounts

Posted
Centers

Posted
Rvrs

DR/CR
53901X

 
1

2
73901X

78901X
Same as Keyed

Same as Keyed
No

Yes

 

 


RL Allotment/Reversion Offset (Estimated Revenues)
 

  • Records authorized and certified budgetary revenue entry.
  • Use a 17 document ID.

 

Account

Keyed
Sequence

#
Accounts

Posted
Centers

Posted
Rvrs

DR/CR
43901X

 
1

2
63901X

68901X
Same as Keyed

Same as Keyed
No

Yes

Details

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