The legal authority that requires or authorizes the establishment of an account. This assignment is designated in the Fund Reference Manual as "Locally By Each Agency (LCLO)." Each agency is responsible for their balances in that account. When more than one agency operates out of a local account, there is no administering agency designated. For more information on administering agencies and their roles and responsibilities, refer to SAAM 80.10.90 and 90.20.10. An administering agency is responsible for assuring that cash balances reconcile with the State Treasurer and for local accounts with the authorized depository. OFM designates a state agency as the administering agency for each account. The roll-up fund is considered a separate accounting entity for financial reporting purposes and is utilized in the preparation of the Annual Comprehensive Financial Report. N - Nonappropriated/Nonallotted AccountĮach account has been administratively combined into a roll-up fund.H - Nonappropriated/Nonallotted (Higher Education Special) Account.The Generally Accepted Accounting Principles (GAAP) classification.Ĭash type codes are used to indicate the custody, restrictions or usage of cash and investments within an account.īudget type codes are used to designate the degree to which an account is subject to expenditure authority and allotment control. This is the official title adopted by the Legislature or as authorized by OFM pursuant to the authority granted in RCW 43.88.195. Numbers have been assigned to all accounts created by the Legislature or as authorized by OFM pursuant to the authority granted in RCW 43.88.195. This number is assigned and controlled by the Office of Financial Management (OFM).
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