ENTRY NO. 12 – CONTROLLER’S RECEIPT - 10512

(Revised: 12/2021)

Purpose: To record cash remitted by the agency/department to the State Treasury but not yet credited by the State Controller’s Office (SCO) to the appropriate accounts.

This entry is made to clear the Cash in Transit to State Treasury when the agency/department receives the Controller's Receipt.

 

References: SAM sections 10404, 10510, and 10508

 

 Record Cash Remitted to the State Treasury and Clear the Cash in Transit

Debit/ Credit	Account	Legacy Account	Account Description	Note
Debit	1104000	1140	Cash in State Treasury	a
Credit	Not Used	1115	General Cash, Remittance in Transit	b
Credit	Not Used	1150	Cash in Transit to State Treasury	c

 

Note:

1. Amount of Cash in State Treasury when general cash is disbursed by the agencies/departments to the appropriate accounts.
2. Amount of general cash, remittance in transit. Agencies/departments using FI$Cal do not need to clear General Cash, Remittance in Transit.
3. Amount of cash remitted in transit to State Treasury.  Agencies/departments using FI$Cal do not need to clear Cash in Transit to State Treasury.