2017 Year end Training FY17 Training 1 - Montana€¦ · · 2017-06-14•MOM 302 –Governmental...

2017 Fiscal Year‐end Training

1FY17 FYE SFSD Training

Objectives

• MOM Policy Draft Public Hearing

• Fiscal Year‐end Reminders


Agenda

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TOPIC SPEAKER

MOM Policy Public Comment HearingFYE WebpageAccount and Fund ReviewCommon FiscalYear‐endQuestionsJournalsBudget FunctionalityInterentity Loans & CashOperating & Capital LeasesSAB Posted EntriesA & B AccrualsFund Balance DesignationsFund Equity TransactionsAccounts PayableDeposits and Accounts Receivable

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FY17 FYE SFSD Training

MOM Policy Updates – Spring 2017Public Comment Drafts

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• MOM 302 –Governmental Accounting Overview

• MOM 335 –Capital Assets

• MOM 340 – Long‐term Liabilities

• MOM 345 – Interfund Activities

• MOM 360 – Pollution Remediation

• MOM 373 – Legislative Audit Division Reports


MOM Policy Updates – Spring 2017Policies – No Comment Period

(No Content Revisions)

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• MOM 317 – Disaster and Emergency Expenses

• MOM 320 – Revenues Receivables Debt

• MOM 355 – Employee Benefits

• MOM 365 – Risk Financing and Related Insurance

• MOM 372 –The Financial Reporting Entity

• MOM 382 – Fuel Excise Tax

• MOM 392 –Accounting for Escheated Property


MOM Policy Updates – Spring 2017Rescinded Management Memos

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• 2‐88‐1 ‐ Expendable and Nonexpendable Trust Funds

• 2‐77‐9A ‐Agency Dissolution

• MOM 302 –Governmental Accounting Overview

• 2‐05‐2 –Agency Response to LAD

• MOM 373 – Legislative Audit Division Reports


FY17 FYE SFSD Training 7

Fiscal Year‐end Reminders

MOM Policy 375 Fiscal Year‐end (FYE)

SABHRS Financials Hours

•Monday thru Friday: 6a.m.‐8p.m.

• Saturday: 11a.m.‐9p.m.

• Sunday: 6a.m.‐9p.m.

• Regularly scheduled maintenance has been rescheduled to after fiscal year‐end close is complete


SABHRS Weekend Batch

• AR and GL will run on July 8 and 9

• GL will run July 15, 16, 22 and 23• All items interfaced will be picked up and processed by SABHRS

• Note for IT Staff: Each Monday additional files may need to be obtained due to the Saturday and Sunday batches


SABHRS Security Roles

• Access within SABHRS is determined by your security role

• Security role changes should be requested by your manager to the agency security officer

• SABHRS Security and Role Documentation


SABHRS Financials Contacts

• GL & AM Modules

• 444‐4681

• [email protected]

• AR Module

• 444‐4579


• AP Module

• 444‐3092



Fiscal Year‐end Webpages

• State Accounting Bureau:

• http://sfsd.mt.gov/sab/fye

• HR & Payroll:

• https://mine.mt.gov/documentation/sabhrs/hr/new/yearend.mcpx


Account and Fund Review

Clearing & Zero Balance Accounts

• Clearing accounts

• Must have a zero balance in both the Actuals and Entitywide Ledger

• Zero balance accounts

• Must net to zero between the Actuals and Entitywide Ledger

• MOM 375 – Section VIII


Unusual Account Balances

• Accounts with a balance opposite of their normal balance

• Debit balances in liability, equity or revenue accounts

• Credit balances in asset or expense accounts

• Unusual balances may be correct balances


Unusual Balance Public Queries• Balance Sheet accounts:

MTGLAFSD_FYE_BADBAL_BALSHEET

• Operating Statement accounts: MTGLAFSD_FYE_BADBAL_OPSTMT

• Equity accounts: MTGLAFSD_FYE_BADBAL_FND_EQUITY

• Account 1104 – Cash: MTGLAFSD_FYE_BADBAL_1104


Running a Trial Balance


Trial Balance Queries:MTGL_TB_FUND_ACT_ENTWIDE_COMBMTGL_TB_FUND_CHOOSE_LEDGER

Trial Balance FY Ending


• Trial balance as of June 30

Trial Balance After Close

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• Trial Balance as of July 1 after closing process• Total of Expense and Revenue plus the prior fund balance ‐55,027.20 + 55,147.95• Equals new fund balance of 120.75 after the FYE Closing process is complete


Common Fiscal Year‐end Questions• Speedcharts• Orgs• Program Codes• ProCard Transactions• Journal Import• DataMine

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Speedcharts

• Question:

• When are new speedchart requests due to SABHRS?


Speedcharts

• Answer:

• New speedcharts requests can be sent to SABHRS until June 30

• Send requests to [email protected]

• NOTE: Inactivation and deletions can occur at anytime


Speedcharts

• Question:

• When will program years be added to the revenue and expenditure accounts within existing speedcharts?


Speedcharts

• Answer:

• SABHRS will automatically add one year to the program code as follows:

• July 7 for revenue accounts

• July 18 for expenditure accounts


Speedcharts

• Procedures

• MOM Policy 375

• SABHRS Documentation

• Query MTGL_Speedchart

• Retrieve active and/or inactive speedcharts


Org Translate Trees

• Question:

• Can trees be renamed?

• Will edits roll forward to the newly created trees?


Org Translate Trees

• Answer:• Do not rename trees

• Specific tree names are used as search criteria

• Edits made prior to the roll forward for FY18 will show on both FY17 and FY18 trees

• Edits made after the roll forward will be shown in the tree the changes are made

• Both trees will need to be maintained if changes are needed in both years


Org Translate Trees

• Any org trees not rolled forward by agencies will be rolled forward by SAB

• Around June 14


Program Codes

• Question:

• The journal processed with the wrong program code; why did the journal process?


Program Codes

• Answer:

Here are a few reasons why this may have occurred

• Journals using balance sheet or non‐budgeted accounts will process (incorrectly) with a 2018 program code because they are not budget checked

• SAB will contact agencies and require correcting entries

• Future program codes (2018) should not be used on FY17 journals

• Journals using budgeted accounts will get stopped in budget check


ProCard TransactionJournal # 1

• Question:

• What program year should the journal dated June 30 contain?

• What if the transaction is for FY18?


ProCard TransactionJournal #1

• Answer:

• The journal dated June 30 should use the 2017 Program code

• If the entry is for FY18 then the transaction should be coded as a prepaid (1905 and 1905A accounts)



• Question:

• When will this journal be created and what date ranges will be pulled?



• Answer:

• The journal will be created on July 6

• Dated June 30

• Includes all June dated transactions

• June 22 through June 30

• Excludes July 1 through July 6

• Account 2101A used in place of account 1104


ProCard Transaction Journal #2

• Question:

• The transactions from July 1 to July 6 are not in the reconcile statement. How do I change the coding for these transactions?


ProCard Transaction Journal #2

• Answer:

• The coding for transaction between July 1 and July 6 can be changed when the journal is generated on July 28



• Question:

• What needs to take place on this journal to account for the journal dated June 30?



• Answer:

• Add account 1104 and 2101A lines from journal #1

• Account 1104 lines will self‐populate by fund for the lines originally in journal #2

• This reverses the liability created with the PRO journal generated on July 6

• Run MTGL_IU_JRNL_ID to obtain the account 1104 and 2101A line


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June 22‐June 30 July 6 July 7‐July 23 July 28

June dated transactions being processed. To upload as SABHRS GL Journal . Acct 2101A used.

PRO journal generated

July dated transactions selected but not

uploaded to GL Journal

July dated transactions being processed

PRO journal generated

Includes: July PRO trans AND reversal of 2101A lines. Must add 1104 by fund to clear.


Journal Import Issues

• Question:

• The journal import is not working, what may be the problem?


Journal Import Issues• Answer:• Cut and paste into Journal Import Sheet

• Use Paste Special

• Select Text formatting

• Close import file and clear cache

• Request updated import files from the Help Desk: [email protected]

• Save all files to one folder

• Review the process monitor .out file for an explanation of the error within the file


Journal Import Resources

• Found on the SABHRS Documentation webpage

• Spreadsheet Journal Import Manual

• Using Spreadsheet Journal Import (user guide)

• Spreadsheet Journal Import training video

• Spreadsheet Journal Import webinar


Data Mine Refresh

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• Standard Refresh: nightly

• Mid‐day refresh: requests can be made for the lunch hour by contacting Erin Powers at [email protected]

• Data Mine cannot be used during the refresh


• Helpful Data Mine links (from the SABHRS‐Documentation webpage):

• Manual

• Report Listing

• User Guide

• Download Help

• Video

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Data Mine Refresh


Data Mine Troubleshooting

• Data Mine isn’t working:

• Internet Explorer is the only compatible browser

• Data Mine is returning zero data:

• Contact the Help Desk ([email protected]) with a screen shot of the criteria entered

• Data Mine macro issue‐ change macro settings:

• Developer tab > Code group > Macro Security: select Enable all macros

• If needed, the Developer tab can be added to the ribbon by going to File > Options > Customize Ribbon


Journals at FYE

Journal Reminders

• Do not create automatic reversing entries during fiscal year‐end closing process

• Journals that have automatic reversals later than June 30 will fail budget and will be deleted

• Manual reversals can be completed

• Copying journals during fiscal year‐end

• The date will default to the current date (not June 30)


Budget Journals


Budget Details


Budget Overview• Navigation: Main Menu –Commitment Control – Review Budget Activities –

Budget Overview

• New Fields• Chartfield Indicator and Budget Description fields were added to the Budget

Overview Results grid

• Sub‐Class History Lookup

• To find a new subclass or rename a subclass not in SABHRS History• Budget Type

• Business Unit ‐XXXXX

• Ledger Group –APPROP

• Budget Criteria• From Budget Period: 1999

• To Budget Period: Current Budget Period

• Chartfield Criteria• Sub‐Class ‐Chartfield From Value: XXXX%

• Click on Search


Budget Overview


Interentity Loans/Advances &

Negative Cash


• Each individual fund must have a positive cash balance at fiscal year‐end

• Loans and/or advances must first be taken from the agency's own unrestricted funds, when administratively feasible, prior to requesting a loan and/or advance from the General Fund

• The administering BU is responsible for

• Ensuring positive cash balances

• Requesting IE loans/advances as needed

Cash Balances


Negative Cash

• Agencies must anticipate fiscal year‐end cash needs

• It is recommended agencies document the process they used to anticipate cash needs

• Sell STIP before loan is approved

• Deadline: 2:00 p.m., June 29

• Board of Investments

• Fiscal Year‐end STIP Procedures Memo

Use of Cash

• Payment for goods and distributions:

• Use account 1104

• Request IE loan/advance if needed with Form DA‐120

• Do not use warrants or electronic payments – use IU journal source

• Exception: Payments dealing with Unemployment Insurance (UI)


Operating and Capital Leases

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Leases

• Operating Lease

• Benefits/risks of ownership remain with lessor

• Capital Lease

• Benefits/risks of ownership transfer to lessee

• Capitalize as an asset

• Same treatment for installment purchases and leasehold improvements

• See examples in MOM 335


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Determination of Lease Type

• If any of the four are met, then the lease must be accounted for as a capital lease

1. Title transfers to lessee by the end of the lease

2. Lease contains a bargain purchase option for lessee

3. Lease term > 75% of property’s useful life

4. PV of payments > 90% FMV of property – use Excel template on SAB website


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Lease Schedules

• Lease Schedule Deadline:

• July 14

• http://sfsd.mt.gov/sab/fye


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Navigation to the lease schedule


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Navigation to the lease scheduleNavigate to : • Fiscal Year‐end webpage


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Navigation to the lease schedule



Completing the lease schedule

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Completing the lease schedule

• Once all schedules are completed by agencies, SAB will protect the workbook and send it back out to agencies

• Agencies will need to confirm information is accurate and no inadvertent changes were made


Agency entries posted by the State Accounting

BureauCompensated Absences

Other Post Employment Benefits

Pensions

Posting the Entries

• All current year entries booked during the fiscal year‐end

• Compensated Absences

• Prior year’s entry is reversed in mid July

• Current year liability booked mid July after reversal of prior year


Posting the Entries

• OPEB & Pensions

• Prior year’s entry is not reversed

• Existing balances are adjusted (increased/decreased) as necessary to establish current year balances

• Payroll Accrual

• Account 2113 instead of account 1104


Related Accounts

• Comp Abs

• 2605 Comp Abs – Non Current

• 2625 Comp Abs – Current

• 61905 Compensated Absences – Nonbudget

• OPEB

• 2650 OPEB Implicit Rate Subsidy LT

• 61432 OPEB Contribution Expense – NB

• 6A001 Other Post Employment Expense


Related Accounts (cont.)

• Pensions

• 1918 Pension Deferred Outflows

• 1919 Net Pension Asset

• 2123 Pension Deferred Inflows

• 2606 Net Pension Liability

• 581212 NonER Pension Revenue

• 61433 Pension Contribution Offset – NB

• 6A002 Pension Expense – NB



Encumbrances & Accruals

A Accruals & B Accruals

A Accruals v. B Accruals

• MOM 375 ‐ Section VI (D)

• A Accruals are encumbrances

• Items/services received after June 30

• Valid obligation criteria must be met prior to June 30

• Not used for continuing appropriations unless for budget or statutory reasons

• B Accruals are standard accruals

• Expenses incurred (but not paid) prior to June 30


Examples of Valid/Invalid A Accruals

• Valid A Accrual• Signed contract to purchase a car prior to June 30

• Car delivered July 1 or later

• Invalid A Accrual• Remodel project planned

• No contract/MOU signed by June 30


A Accruals in SABHRS

• Journals: must click on Commitment Control link in the Header tab (with Actuals as the Ledger Group)

• Select the encumbrance button

• Recorded in A_Accrual Ledger

• Cash should not be used on A Accrual journals


Paying A Accruals

• Reverse original A Accrual journal

• Program year

• Use the year established for the current year or one year prior

• Use 4301 Encumbrance Assignment for two or more years prior

• The related encumbrance is reversed even if the actual expense is a different amount


Continuing Appropriations

• If org budget goes negative, must be fixed before fiscal year‐end

• Appropriations continuing from FY17 to FY18 will not be established until after close of FY17 (approx. July 26)

• If payment needs to be made before that, use a different appropriate fund and then correct in GL after the appropriations are available


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Fund Balance Designations

GASB Statement No. 54MOM 311


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Fund Balance DesignationsGovernmental Funds Only –

Modified Accrual Financial Statements

Account Description Account Number

Nonspendable 4120 (4121‐4123: for fiscal year‐end entries)

Restricted 4125

Committed 4130

Assigned 4135

Unassigned 4140


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Nonspendable Fund BalanceApplies to all Governmental Funds

• Legally required to remain intact

• Corpus of a permanent fund – use 4120

OR

• Not in a spendable form

• Inventory – use 4121

• Prepaid – use 4122


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Restricted Fund Balance

• Amounts can only be spent/used for specific purposes and

• Constraints placed on resources are either imposed

• Externally – Federal Government or Private Donation

• By constitutional provisions

• By enabling legislation that is legally enforceable by an external party


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Committed Fund Balance

• Amounts can only be spent/used for specific purposes and

• Constraints placed on resources are imposed by formal action of the legislature

• Legislature may redirect the resources or change the constraint by a formal action similar to the action used to initially constrain the resources


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Assigned Fund Balance

• Constraints placed on the resources are not designated as Nonspendable, Restricted, or Committed and

• Imposed by the government’s intent to be used for a specific purpose ‘earmarked’ by management


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Unassigned Fund Balance

• Used only by the General Fund


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Closing Designation• Equity accounts are discussed in MOM 311‐

Fund Equity

• SAB will send out a report to agencies indicating current fund balance designation of governmental funds

• Fund responsible agencies must review and ensure proper closing designation

• Must be accompanied by a Form 121 indicating the fund balance closing designation change


Fund Equity Transactions

Transactions• Fund equity transactions are necessary for three situations

1. Prior‐prior period adjustments

2. Closing designation changes

3. Fiscal year‐end adjustments

• Process

1. Create journal

2. Send completed Fund Equity Transaction form to the Help Desk: [email protected] for approval/posting


Prior‐Prior Period Adjustments

• Must relate to 2 or more prior fiscal years

• Adjustments to FY15 or prior• Use the designated fund balance/net position account

selected for that fund

• Adjustments to FY16• Adjustments related to one year prior do not require

fund equity transaction

• Use the appropriate revenue/expense account with 2016 as the Program year


Closing Designation Changes

• Agency determines a fund balance designation change is necessary

• A fund equity journal is required to move any existing equity balances to the newly determined closing designation using a Fund Equity Transaction form


Fiscal Year‐End Adjustments

• Entries are required for governmental funds, as applicable, to reclassify certain amounts to the Nonspendable accounts

• 4121 Fund Balance – Inventory for the amount of any 18xx inventory balances

• 4122 Fund Balance – Prepaids for the amount of any 19xx prepaid balances

• Discussed in the Fund Equity section of MOM 375


Fiscal Year‐End Adjustment Journal Example

Actuals Ledger trial balance at fiscal year‐end

1104 Cash $1,000

1802 Merchandise Inventory $5,000

1905 Prepaid Expense $3,000

4130 Fund Balance –Committed $9,000

In this scenario, the manual fund balance adjustment required is (Actuals Ledger)

Debit 4130 Fund Balance –Committed $8,000

Credit 4121 Fund Balance – Inventory $5,000

Credit 4122 Fund Balance – Prepaid $3,000


Warrant Writer Unit (WWU)


WWU FYE Reminders

• Cancellations and Reissues – Last day for FY17 cancels/reissues is June 28• Cancels and reissues will commence August 1

• ACH returns can be reissued when notification is received from WWU, but the funds will not be credited until beginning of August

• If stop payment is required contact WWU

• Supplier Information Forms – submit before July 17 for FY17 payments

• Forms are located on our website https://sfsd.mt.gov/SAB/AccountingFormsInfo


Supplier Add/Change

• High volume during FYE• Make sure requests get to WWU as soon as possible

• Submit requests related to FY17 activity first, and write FY17 on top of form

• Send requests through File Transfer Service (FTS) using email [email protected]

• Necessary documentation• Supplier Add

• W‐9

• Supplier Change

• Address 1 update = W‐9

• Make sure all forms are filled out properly and completely to avoid delays during FYE


Supplier Reminders

• Interfacing agencies

• Changes to SABHRS will not automatically be reflected in outside accounting systems

• Likewise, all changes made outside of SABHRS may not necessarily be reflected in SABHRS correctly

• It is important to communicate these changes and submit supplier information forms/proper documentation


Foreign Supplier Payments

• All foreign supplier payments are automatically held in SABHRS

• Agencies must have a W‐8 on file

• State Accounting/WWU will only release payments if the agencies can provide all necessary documentation for 1042 reporting• Tips:

• Contact WWU ahead of time if considering services from foreign supplier

• Make sure you solicit for proper documentation before procuring services

• Soliciting for new documentation is always a good idea, especially for foreign suppliers


Foreign Suppliers/1042 Reporting

• Agencies have been asked to have a larger role in this process

• WWU immediately needs:

• Proper W‐8 documentation

• Invoices/proof of nature of business

• Especially personal services

• There are large potential tax consequences

• Failure to report

• Reporting incorrect information


Foreign Suppliers/1042 Reporting (Cont.)

• 1042 Reporting is different than 1099• Reporting happens throughout the year

• Circumstances where reporting to IRS may need to happen on a monthly basis, unlike 1099 which is annual

• WWU will provide agency training• Late summer – Fall

• Immediate Questions• Contact WWU

• Jamie Wattnem

• WWU Help Desk ([email protected])


Pulled / Express Warrants and WWU Inbox

• Pulled and Express warrants will now be kept at the cubicle of Kristy Klein for pickup; the closest cubicle to the SAB office entrance

• The WWU inbox basket is now located on top of the Treasury deposit drop box, also just inside the SAB office entrance


Upcoming Changes to WWU

• MOM Policy 330 update/revision

• Warrant Writer Forms

• Updated for FY18

• “Vendor” is now “Supplier”

• Fillable PDF

• Allow for electronic submission/storage


Electronic Communication

• ePass

• File Transfer Service

• All employees of the State of Montana have access

• Efficient and secure

• A fast/secure way to send forms electronically that contain sensitive information

• Ex. Social Security Numbers and sensitive financial information

• Supplier Add/Update forms, EFT payment information

• No more wondering if fax/deadhead messages have been received


Treasury UnitFY17 FYE SFSD Training

999 Deposit Changes

• New drop box installed and implemented

• Located just inside the SAB office entrance• Baskets for WWU and Treasury paperwork are located on top of the drop box

• Treasury no longer needs paperwork for bank code 028 deposits; keep internally


999 Deposit Changes (cont.)

• Before transmitting deposits to Treasury, send email to [email protected] with the subject formatted as Business Unit, 999 Deposit, Deposit ID, Date (e.g. 61010 999 Deposit, 6715, 6/2/17)

• Email must include an image of the respective Treasury Deposit Ticket

• An email reply will be sent to confirm the deposits• Deposits made before 4:30 p.m. will receive the reply email the same

day

• Deposits made after 4:30 p.m. will receive the reply by 10:00 a.m. the following business day



• Deposits that contain $2,000 or more in cash will require a Treasury staff member to immediately confirm the deposit instead of using the drop box

• Blue US Bank zipper bags are supplied by the Treasury for agencies to secure their deposits before dropping them in the drop box

• Bags are located in cabinet to the right of the drop box

• Agencies may purchase their own bags; contact Treasury


Other 999 Deposit Options

• Locked bags with keys

• Tamper‐evident bags

• Deposits taken directly to US Bank

• Bank code 028 is used on the SABHRS entry

• Deposit slips to be ordered by Treasury

• Courier service transmittal to US Bank

• Bank code 028 is used on the SABHRS entry

• Deposit slips to be ordered by Treasury


Treasury FYE Reminders

• Deposits related to FY17 activity• All cash/checks to Treasury/US Bank

• Treasury will accept deposits up until 5:00 p.m. on June 30

• Deposits made directly to US Bank will need to be made by June 30, before 3:00 p.m.

• Deposits made to outside banks• Contact banks to find out when deposits must be made to be

credited to account by June 30


Deposit Reminders

• SABHRS AR Deposit Entry• Ensure Accounting Date on the Totals tab matches the

Accounting Date on the Payments tab

• Verify bank code is correct

• All deposits must be a one‐for‐one ratio• SABHRS AR deposit entry must directly correlate to a single

bank deposit

• This is especially important for bank code 028 deposits

• Deposits not following this guideline cause reconciliation issues for the Treasury staff


Deposit Reminders (Cont.)• All cash received through June 30 should be recorded in either:

• 1104 – Cash in Bank

• 1107 –Cash on Hand

• Deposit year must be chosen based on when cash is received, not when revenue is recognized

• Deposits credited by the bank on or before June 30 will count as FY17 activity and must be recorded in SABHRS with a FY17 date

• Deposit tickets for FY17 activity must be submitted to the Treasury by July 13

• Deposits must only include activity for one fiscal year

• All deposit tickets submitted to the Treasury during FYE must indicate which fiscal year the deposit relates to


Deposit Reminders (Cont.)

• If monies (cash/checks) on hand are not deposited by June 30:

• Agency must post an ONL Journal to record amount

• Dated June 30

• Debit account 1107

• Credit to a revenue account that appropriately identifies the cash received

• Monies must be deposited as soon as possible

• SABHRS AR Deposit

• Dated for actual deposit date

• Deposit coded to account 1107

• System generated entry will debit account 1104 and credit account 1107


Deposit Reminders (Cont.)

• Deposit frequency

• Three Scenarios• Cash received/on hand reaches $200

• Cash/checks on hand (combined) $750

• Minimum deposit frequency is weekly, regardless of balance

• All other deposit schedules must be submitted to the State Accounting Bureau• SAB/BOI need to approve

• If AR system is not operational, deposit must still be made and recorded in the system at a later date (within 14 days)


General Reminders

• AR Module • Notify Treasury before 3:00 p.m. on the working day prior to incoming

or outgoing EFT activity that is over $100,000

• AP Module• Notify Treasury before 3:00 p.m. on the working day prior to any ACH or

warrant request that is over $10,000,000

• Sooner communication of these instances is appreciated by Treasury and BOI, as it allows the State to more effectively manage its cash balances

• OED machine users• The business unit is required to be entered in the “deposit identifier”

field when scanning checks


On‐Site Electronic Deposit (OED)

• The deadline for agencies to implement OED machines (or other deposit option) is January 1, 2018

• Benefits

• Cost/time savings

• Reporting capabilities

• Free training/support from US Bank (if machines purchased from US Bank)

• Reduces risk


OED: How to get started?

• Getting started with OED is an extremely easy process

• Contact the Treasury Unit• Treasury will put your agency in touch with a representative from US

bank

• US Bank will help decide which machine is right for your agency• As inexpensive as $350

• US Bank will schedule a time to install and train agency personnel free of charge

• Treasury will set up online access

• Join us after the morning FYE training session for an OED training and information session


MOM Policy 325 Changes

• MOM Policy 325 Cash Accounting will be updated with new Treasury 999 deposit procedures and OED information. Look for communication on those changes in the upcoming weeks.


Treasury/WWU Contact Info

• Due to the large amount of inquiries at FYE it is very helpful if agencies contact us via e‐mail

• WWU• [email protected]

• File Transfer Service available

• Treasury• [email protected]

• File Transfer Service available


Thank YouQuestions?

2017 Year end Training FY17 Training 1 - Montana€¦ · · 2017-06-14•MOM 302 –Governmental...

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Transcript of 2017 Year end Training FY17 Training 1 - Montana€¦ · · 2017-06-14•MOM 302 –Governmental...