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general:midyearpeimsbusiness_financedomain_fundbalances
Add fund balance data
This tab is used to enter prior year ending fund balances (3XXX) as reflected on Schedule C-1 of the audit.
The purpose of these entries is to collect actual audited financial data for the prior school year as it is reported in the PEIMS Mid-Year Submission.
This data is included in the PriorYearActualExt Entity and represents the sum of the financial transactions to date relating to a specific account.
If the fund balance reported on the Annual Financial & Compliance Report (AFR) is a positive amount, it should be entered as a negative amount in ASCENDER.
TIP: Reference the Exhibit C-1 Balance Sheet from the annual audit report and manually enter the fund balances on this tab. The fund balances must match the audit report.
| Year | Verify that the correct year is displayed. If not, type the correct four-digit year for which you want to add or retrieve data and click Retrieve. TIP: Keep in mind that you are reporting prior year actual amounts. This means the year you enter should be one year ahead of the fiscal year associated with the fund entries. For example, if reporting on the 2026-2027 year, this Year field should be 2027 and the FY field should be 6 for the fund entries. |
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❏ Click Retrieve and manually enter data from the Exhibit C-1 Balance Sheet.
Notes:
- Object 3700 is not allowed because it is an offset account code.
- Fund balances are listed in the PDM2-102-002 Fund Balances section of the Balance Sheet - Governmental Funds.
general/midyearpeimsbusiness_financedomain_fundbalances.txt · Last modified: 2026/10/02 19:32 by emoreno