Previous News Flash!
May, 1999

RMDS Changes(5/7/99)
OSC is enhancing user access to the trial balance reports available through RMDS. Beginning Monday, May 17, the RMDS groups MOPRE(MOCUR)-7 BX TOT/TRIAL BAL will be replaced by four new groups. The new RMDS groups and their contents are listed below:
 
 
MOPRE(MOCUR)-7 BUDGET FUND TB Budget Code Trial Balance Report 
Center Trial Balance Report
MOPRE(MOCUR)-7 BOX TOTALS Box Totals Report
MOPRE(MOCUR)-7 COMPANY FUND TB Company Trial Balance Report 
Company FUnd Trial Balance Report
MOPRE(MOCUR)-7 GASB FUND TB GASB Trial Balance 
GASB Fund Trial Balance
These new RMDS groups display the summary trial balance report followed by the fund level report by primary key. For example, MOPRE-7 BUDGET FUND TB will display reports in the order

and so forth through all budget codes. Please contact the OSC HelpDesk (875-HELP) if you have any questions.

Repeal of State Sales Tax on Food (5/6/99)
Effective May 1, 1999, the State sales tax on food is repealed.  The repeal applies to sales made on or after that date and applies to the State tax only. Purchasers of food will continue to be subject to the applicable local sales and use tax. Therefore, effective May 1, 1999, food which could be purchased under the Food Stamp Program, but is not purchased under that program will be exempt from the State tax and subject to only the 2% local sales tax.

Please refer to the Department of Revenue's Sales and Use Bulletin - Section 19. This Bulletin can be found at
http://www.dor.state.nc.us/DOR/practitioner/sales/bulletins/section19.html



 

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