Accounting Issues and Coding Examples

Issues and Examples

Debt

• Bond Anticipation Note (BAN) Issuance
• Debt Refinancing

TEACH Funding

• TEACH Accounting Procedures (grants prior to 2012)
• TEACH Program - Teacher Training Grants for Educational Technology

Fund 21 - Special Revenue Trust Fund

• Fund 21 Guidelines

Fund 27 - Special Education

• IDEA Indirect Cost Claiming
• IDEA Third Party Grant Arrangements
• Medicaid Reimbursement
• Tuition/Purchased Services and Aid Transits
• Special Education Private Vendor Contracted Services
• Special Education Transaction Coding

Funds 41, 46 and 49 - Capital Projects Funds

• Capital Expansion Fund - Fund 41
• Capital Expansion Fund - Fund 41
• Capital Projects Fund - Fund 49
• Long-Term Capital Improvement Trust Fund - Fund 46
• Summary of Capital Project Fund Types

Fund 50 - Food Service

• Commodity Handling Charges.doc
• Elderly Nutrition Food Program

Fund 60 - Student Activity Fund

• Fund 60 Agency Fund Guidelines (Student Activity Accounting)

Fund 73 - Employee Benefit Trust Fund

• Fund 73 - Account Descriptions and OPEB Sample Entries
• Fund 73 - Sample of Activity - updated June 15, 2017 - On Exhibit A, #2, the yellow boxes were separated for retiree portion remitted to the trust and retiree portion paid directly to insurance vendor by retiree (self-pay). The self-pay amount is included on the Sample of Activity only for the calculation of the actual implicit rate subsidy.

General

• Outstanding (Stale Dated) Checks - Unclaimed Property
• Reporting Fund Balances under GASB 54

Interdistrict/CESA/CCDEB Transactions

• COOP Transaction Coding
• Fiscal Agent Agreement Account Coding
• Fiscal Agent Requirements
• Fiscal Agent - Example of Level Three Documentation
• Open Enrollment for Pupils with Disabilities

Payroll and Benefits

• Compensated Absences
• Compensated Absences: Prefunding
• Early Retirement Reinsurance Program Guidance
• Fund 73 - Account Descriptions and OPEB Sample Entries - updated June 15, 2017
• Fund 73 - Sample of Activity - updated June 15, 2017 - The implicit rate subsidy calculation was updated to include premiums paid by retiree directly to insurance vendor.
• Health Insurance Premium Rebates Guidance
• Health Reimbursement Accounts (HRA) and Health Savings Accounts (HSA)
• Retiree Payments
• Self Funded Health Benefits
• Unsettled Employee Contracts
• WRS Prior Service Liability Payoff

Purchase or Sale of Property or Services

• Asset Management
• Capital Lease - When is a lease a capital lease
• Capital Lease Transactions
• Recording Expenditure Refunds
• Sale of School Property
• Supplies and Equipment Classifications
• Training/In Service Recording

Revenue/Receipts/Credits

• E-rate Refunds
• Medicaid Reimbursement
• Property Tax Transactions
• WIAA and Other Tournaments or Competitions
• WRS Act 11 Credit