Njcfs manual

Off-setting balance sheet entries are not generated since the fund's assets and liabilities are not affected as with Inter-Fund Purchases. No other transactions are needed to clear Intra-Fund vouchers. Type 4 - Agency Reimbursement An Agency Reimbursement involves the reimbursement of expenditures between governmental units.

These payments can be Inter-Fund or Intra-Fund. They are normally used when one governmental unit reimburses another for an expenditure from which they received benefit. Agency Reimbursements generally record a credit to expenditures the seller account and a debit to expenditures the buyer account. Unlike Inter-Fund and Intra-Fund Purchases, an object code rather than a revenue source is used in the seller accounting distribution.

These object codes are indicated by the object group code "RE. The proper expenditure accounting entries are posted to the ledger for the seller and buyer for both Intra-Fund and Inter-Fund reimbursements. Since Intra-Fund reimbursements are within the same fund, they do not create additional ledger entries.

The use of Inter-Fund Reimbursements involving two different bank accounts is not permitted. Why isn't my payment listed under Scheduled Payments?

What is Vendor Payment Inquiry? The New Jersey web portal myNewJersey gives you direct and secure access to online information that's specific to you. A myNewJersey account, with a valid entered authorization code, is required in order to access Vendor Payment Inquiry. An authorization code is a one-time-use alphanumeric code that allows us to link Vendor Payment Inquiry to your personal myNewJersey account. In addition, it provides an automated mechanism for recording both direct and indirect grant costs and associated revenues.

In order to facilitate statewide reporting and analysis of the federal programs, it is necessary that all departments utilize the Grant Accounting Module. See Section XII for a glossary of terms used in this circular letter. Agencies should contact the Accounting Bureau, Grants Analysis Unit if a DUNS number needs to be created or identified, or if there are questions relating to accessing the website.

Automatically established through the budget process if included in the annual Appropriations Act. When established through the Act, the amount is generally an estimate provided by the agency to OMB's Budget Office, based on historical data or application information. Download Text File Delimited. The latest Experience Rating Modification Downloads. The latest Residual Market Downloads.