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Trace: • Verify or add Purchasing accounting period • Run a general ledger inquiry
general:eoyaccruals_juneyearendschools:step7

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general:eoyaccruals_juneyearendschools:step7 [2024/06/27 19:58] – emorenogeneral:eoyaccruals_juneyearendschools:step7 [2025/06/05 15:55] (current) – emoreno
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 When considering potential journal entries to be made later in this step, use the following chart for reference. 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**| |**General Ledger Inquiry Report**|**School YTD Report**|**Expenditure Object Code**|
-|216X|Accrued Pay|6119 or 6129| +|216X|Accrued Wages|6119 or 6129| 
-|221X.11|Accrued Federal Deposit|6146| +|221X.11|Accrued Federal Grant Deposit|6146| 
-|221X.12|Accrued Federal Care|6146| +|221X.12|Accrued Federal Grant Care|6146| 
-|221X.14|FICA/Medicare Accrued|6141| +|221X.14|Accrued Employer FICA/Medicare|6141| 
-|221X.15|Unemployment Accrued|6145| +|221X.15|Accrued Employer Unemployment Tax|6145| 
-|221X.16|Emplr Health Insurance Accrued + TEA Health Ins Accrued|6142| +|221X.16|Accrued Health Insurance Contribution (Emplr Health Insurance Accrued + TEA Health Ins Accrued)|6142| 
-|221X.17|Emplr 457 Accrued|6149| +|221X.17|Accrued Employer 457 Contribution|6149| 
-|221X.18|Emplr Annuity Accrued|6149| +|221X.18|Accrued Employer Annuity Contribution|6149| 
-|221X.19|Emplr TRS Care Accrued|6146| +|221X.19|Accrued Employer TRS Care Contribution|6146| 
-|221X.20|Emplr Dependent Care Accrued|6149| +|221X.20|Accrued Employer Dependent Care|6149| 
-|221X.22|Emplr Misc Ded Contrib Accrued|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]].
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 Compare the HRS3550 report totals to the General Ledger Inquiry reports. Compare the HRS3550 report totals to the General Ledger Inquiry reports.
- +\\
 Review the following example entry: Review the following example entry:
  
 ^Account Code^Debit^Credit^ ^Account Code^Debit^Credit^
-|211-00-2161-00-000-X-00-000|  |$11,656.55| +|199-00-2161-00-000-X-00-000|  |$2,696.98| 
-|211-11-6119-00-001-X-11-000|$11,656.55 | |+|199-11-6119-00-001-X-11-000|$2,696.98 | |
  
 This is the difference between the two amounts.  The entry has to make the general ledger match the HRS3550 - School YTD Accrual Payroll Account Distribution Journal. This is the difference between the two amounts.  The entry has to make the general ledger match the HRS3550 - School YTD Accrual Payroll Account Distribution Journal.
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-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:+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:
  
 {{:general:eoyaccruals_juneyearendschools:june_accruals_step_6_generaljournalentry.png|General Journal Entry Example}} {{:general:eoyaccruals_juneyearendschools:june_accruals_step_6_generaljournalentry.png|General Journal Entry Example}}
general/eoyaccruals_juneyearendschools/step7.1719518297.txt.gz · Last modified: 2024/06/27 19:58 by emoreno

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