ENTRY NO. A–12, ADJUST APPROPRIATION EXPENDITURES AND REIMBURSEMENTS FOR DEFERRED BILLED RECEIVABLES - 10614

Purpose: To adjust the appropriation expenditure and reimbursement accounts for billed receivables that have not been deferred to the amount that is estimated to be collectible during the ensuing fiscal year.

During the fiscal year, billed accounts receivable for abatements, reimbursements, and some non-revenue items are credited back to an appropriation. Agencies/Departments adjust the credit amount to the billed receivables that are not collectible as of June 30. These receivables remain deferred until the actual amount is collected. See SAM Section 10507.

References: SAM Sections 8287, 8293, 8294, 8295, and 8296

Record Reserve for AR Abatement and Reimbursement

 
Note:

1. Billed Accounts Receivable—Reimbursement which will not be collectible within the ensuing fiscal year.
2. Billed Accounts Receivable—Abatements which will not be collectible within the ensuing fiscal year.
3. Billed Accounts Receivable credited to Refunds to Reverted Appropriations which will not be collectible within the ensuing fiscal year.
4. Billed Account Receivable credited to Prior Year Appropriations Adjustments which will not be collectible within the ensuing fiscal year.
5. Total Accounts Receivable deferred (Notes a+b+c+d).