Business

User Tools

Site Tools

Trace: • createextradutytransmittals • Verify or add Purchasing accounting period • (Optional) Generate the Campus Room Inventory Report • 1099_generate_1099_report • Verify next year payroll information
general:eoyaccruals_juneyearendschools:step7

Differences

This shows you the differences between two versions of the page.

Link to this comparison view

Both sides previous revisionPrevious revision
Next revision		Previous revision
general:eoyaccruals_juneyearendschools:step7 [2023/04/25 18:08] – emorenogeneral:eoyaccruals_juneyearendschools:step7 [2025/06/05 15:55] (current) – emoreno
Line 2: Line 2:
  
 [[finance:inquiry:generalledgerinquiry:generalledgeraccountsummary|Finance > Inquiry > General Ledger Inquiry > General Ledger Account Summary]] [[finance:inquiry:generalledgerinquiry:generalledgeraccountsummary|Finance > Inquiry > General Ledger Inquiry > General Ledger Account Summary]]
 +
 +When considering potential journal entries to be made later in this step, use the following chart for reference.
 +
 +<WRAP box>
 +**Note**: This chart derives from the **Payroll Automatic Posting Default** section on the [[finance:tables:districtfinanceoptions:clearingfundmaintenance|
 +Finance > Tables > District Finance Options > Clearing Fund Maintenance]] tab. 
 +</WRAP>
 +
 +
 +
 +|**General Ledger Inquiry Report**|**School YTD Report**|**Expenditure Object Code**|
 +|216X|Accrued Wages|6119 or 6129|
 +|221X.11|Accrued Federal Grant Deposit|6146|
 +|221X.12|Accrued Federal Grant Care|6146|
 +|221X.14|Accrued Employer FICA/Medicare|6141|
 +|221X.15|Accrued Employer Unemployment Tax|6145|
 +|221X.16|Accrued Health Insurance Contribution (Emplr Health Insurance Accrued + TEA Health Ins Accrued)|6142|
 +|221X.17|Accrued Employer 457 Contribution|6149|
 +|221X.18|Accrued Employer Annuity Contribution|6149|
 +|221X.19|Accrued Employer TRS Care Contribution|6146|
 +|221X.20|Accrued Employer Dependent Care|6149|
 +|221X.21|Accrued Employer Miscellaneous Deduction Contribution|6149|
 +
  
 Run an inquiry on the 216X and 221X accounts from Finance and compare the balances to the [[payroll:reports:yeartodatereports:schoolytdaccrualpayrollaccountdistr|Payroll > Reports > Year To Date Reports > HRS3550 - School YTD Accrual Payroll Account Distribution Journal]]. Run an inquiry on the 216X and 221X accounts from Finance and compare the balances to the [[payroll:reports:yeartodatereports:schoolytdaccrualpayrollaccountdistr|Payroll > Reports > Year To Date Reports > HRS3550 - School YTD Accrual Payroll Account Distribution Journal]].
Line 11: Line 34:
 {{:general:eoyaccruals_juneyearendschools:june_accruals_step_7_2.jpg|School YTD Accrual Payroll Account Distribution Journal}} {{:general:eoyaccruals_juneyearendschools:june_accruals_step_7_2.jpg|School YTD Accrual Payroll Account Distribution Journal}}
  
-If there is a difference in any of the funds, a journal entry needs to be made to balance the general ledger to the HRS3550 - School YTD Accrual Payroll Account Distribution Journal.\\  Review the following example entry:+If there is a difference in any of the funds, a journal entry needs to be made to balance the general ledger to the HRS3550 - School YTD Accrual Payroll Account Distribution Journal.  
 + 
 +Compare the HRS3550 report totals to the General Ledger Inquiry reports. 
 +\\ 
 +Review the following example entry:
  
 ^Account Code^Debit^Credit^ ^Account Code^Debit^Credit^
Line 24: Line 51:
  
  
-If there is a difference in any of the funds, a journal entry will need to be made to balance the general ledger to the HRS3550 - School YTD Accrual Payroll Account Distribution Journal.\\  Review the following example entry:+If there is a difference in any of the funds such as in the example shown below, a journal entry will need to be made to balance the general ledger to the HRS3550 - School YTD Accrual Payroll Account Distribution Journal.\\  \\  Review the following example entry:
  
-^Account Code^Debit^Credit^ +{{:general:eoyaccruals_juneyearendschools:june_accruals_step_6_generaljournalentry.png|General Journal Entry Example}}
-|199-00-2211-14-000-X-00-000|  |$39.11| +
-|199-11-6141-00-101-X-11-000|$39.11 | | +
-|  |   |  | +
-|199-00-2211-16-000-X-00-000|$52.04|  |  +
-|199-11-6142-00-101-X-11-000|  |$52.04| +
-| |  |  |  +
-|199-00-2211-19-000-X-00-000|  |$20.22| +
-|199-11-6146-00-101-X-23-000|$20.22|  | +
  
  
 <WRAP box> <WRAP box>
-**Note**: Be sure to keep a clean final copy of both of the HRS3550 reports for the auditor. These reports cannot be recreated after the July and August payrolls are processed.+**Note**: Be sure to keep a clean final copy of both of the HRS3550 reports for the auditor. **These reports cannot be recreated after the July and August payrolls are processed.**
 </WRAP> </WRAP>
  
  
general/eoyaccruals_juneyearendschools/step7.1682446090.txt.gz · Last modified: 2023/04/25 18:08 by emoreno

Page Tools

Except where otherwise noted, content on this wiki is licensed under the following license: CC Attribution-Share Alike 4.0 International

Americans with Disabilities Act (ADA) and Web Accessibility

The Texas Computer Cooperative (TCC) is committed to making its websites accessible to all users. It is TCC policy to ensure that new and updated content complies with Web Content Accessibility Guidelines (WCAG) 2.0 Level AA. We welcome comments and suggestions to improve the accessibility of our websites. If the format of any material on our website interferes with your ability to access the information, use this form to leave a comment about the accessibility of our website.