Record the Net Transfer and Net Receipts Step-by-Steps

The next step in the business process flow records the net transfer and net receipts. A review is made of the outstanding balances in the payable account to determine the net transferable amount.

A: Enter the following Journal Voucher entry to record the transfer of cash in the federal budget code:
 

1. Type .BC in the ACTION field on any screen and press enter to access the Budgetary Control Menu (0001) screen. (You must type the period.) 
2. Type 2 in the NEXT FUNCTION field and press enter to access the Budgetary Control Document Entry Menu (200) screen. 
3. Type 1 in the NEXT FUNCTION field and press enter to access the Journal Voucher Entry (211) screen. 
4. Type A in the OPTION field to add a document. 
5. Type your document ID number in the DOCUMENT ID field using 27 (cash transfer-out/disbursement entry) as the transaction type. 
6. Type your initials or an agency-specific idnetifier in the APPLICATION AREA field and press enter to access the Journal Voucher Entry (212) screen. 
7. Type the date the entry is to become effective in the the EFFECTIVE DATE field.
8. Type the amount being transferred in the TOTAL field. 
 9. Type your company number in theCOMPANY ID field. 
10.  Type 1 in the DATA TYPE CODE field for a one-sided entry. 
11. Press enter to access the Journal Voucher Entry (213) screen and enter the detail lines of the document. 
12. Type a sequence number, beginning with 0001 in the LINE field. 
13. Type A in the TRANSACTION CODE field to add a transaction line.
14. Type Federal Funds Payable Clearing account number in the COMP/ACCT/CNTR field. 
15. Tab to the CNTR part of the COMP/ACCT/CNTR field and type your center number. 
16. Type the amount being debited or credited in the DEBIT/CREDIT AMOUNT field. 
17. Type DR or CR in the DEBIT/CREDIT CODE field and press enter.
18.  Type CB in the ACCOUNTING RULE field. Accounting rule CB generates a credit or debit to the Budget Code Cash account. 
19. Press enter to validate the accounting distribution and repeat Steps 12-18 until each debit or credit entry has been completed. 
20. When the last line has been entered, tab to the OPTIONS field, type END or E and press enter. 
  
B: Enter the following Journal Voucher entry to record the transfer of cash in the operting budget code:
 
1. Type .BC in the ACTION field on any screen and press enter to access the Budgetary Control Menu (0001) screen. (You must type the period.) 
2. Type 2 in the NEXT FUNCTION field and press enter to access the Budgetary Control Document Entry Menu (200) screen. 
3. Type 1 in the NEXT FUNCTION field and press enter to access the Journal Voucher Entry (211) screen. 
4. Type A in the OPTION field to add a document. 
5. Type your document ID number in the DOCUMENT ID field using 25(cash transfer-in/disbursement entry) as the transaction type.
6. Type your initials or an agency-specific idnetifier in the APPLICATION AREA field and press enter to access the Journal Voucher Entry (212) screen. 
7. Type the date the entry is to become effective in the the EFFECTIVE DATE field. 
8. Type the amount being transferred in the TOTAL field. 
9. Type your company number in theCOMPANY ID field. 
10. Type 1 in the DATA TYPE CODE field for a one-sided entry.
11. Press enter to access the Journal Voucher Entry (213) screen and enter the detail lines of the document. 
12. Type a sequence number, beginning with 0001 in the LINE field.
13. Type A in the TRANSACTION CODE field to add a transaction line.
14. Type Federal Funds Transfer/Receipts account number in the COMP/ACCT/CNTR field. 
15.  Tab to the CNTR part of the COMP/ACCT/CNTR field and type your center number. 
16. Type the amount being credited or debited in the DEBIT/CREDIT AMOUNT field. 
17. Type CR or DR in the DEBIT/CREDIT CODE field and press enter. 
18. Type CH in the ACCOUNTING RULE field. Accounting rule CH generates a debit or credit to the Budget Code Cash account. 
19. Press enter to validate the accounting distribution and repeat Steps 12-18 until each credit or debit entry has been completed.
20. When the last line has been entered, tab to the OPTIONS field, type END or E and press enter
 

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