U.S. Government Standard General Ledger Issues Resolution Committee (IRC) Meeting Minutes
April 6, 2006
Judy Yuran (FMS) opened the meeting and introductions were made. Judy noted items on the agenda to be discussed.
Michele Crisman (FMS) began her review of the issue with tie-points by asking if agencies had problems with disbursements-in-transit and the reporting cycle. There was general discussion and it was decided that disbursements-in-transit will be a valid exception in tie-point number five.
Karen Metler (FMS) reviewed the handout for four USSGL accounts proposed for modification. These accounts, originally established for specific trust funds, will now include other special and nonrevolving trust funds.
Karen then reviewed the cancellation cheat sheet stating that it will be on the Web site once it is finalized. She also stated that the cancellation scenarios presented today are in draft and the USSGL staff is looking for comments from the agencies. Following a general discussion on the cheat sheet, Karen stated that it may be necessary in some instances for the USSGL staff to talk with agencies individually concerning their particular situation.
Michele reviewed the scenario on partial cancellations pointing out that the definition for USSGL account 2960, "Accounts Payable From Canceled Appropriations," may need to be modified. There was some general discussion on the affects of partial cancellations and Teresa Tancre (OMB) pointed out that this scenario is very rare. Therefore, agencies should consult with OMB before using it to ensure that the appropriations language is interpreted properly.
Toni Clark (FMS) reviewed the scenario on cancellations for special and trust funds, unavailable receipts, stating that a warrant is required to return the amounts to the associated unavailable receipt account.
Karen reviewed the final scenario on cancellations, special and trust fund expenditure accounts that have relationships with invested accounts, stating that the scenario illustrates: 1) the return of fund balance and 2) reversal of receivable/payable amounts.
There was a brief discussion on the release of the new USSGL Web site, including the U.S. SGL Interactive Database (SID). July is the tentative release date for Sections I & II of the USSGL TFM supplement.
Teresa stated that the difference reports between the Budget and SF 133s are available on the OMB Web site, along with the nonexpenditure transfer information from GWA.
Judy Yuran (FMS)