State of Texas – Fiscal Management

Manual of Accounts

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Expenditure Object 7902 – Trust or Suspense Payment
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Object Type: Cash — Interfund Transfers/Other
Reference:
Issue Date:
Revised Date:

Description


To record the distribution and/or return of trust or suspense monies as required by the various statutes. This code is used only to expend monies from Trust or Suspense Funds (Fund Numbers 0850 and above and Fund 0021).

This code is used to make partial payment of Group Insurance premiums due.

Expenditure code 7902 includes, but is NOT limited to:

  • Savings Bond (purchase)
  • Trust or Suspense Payment


Notes


This code does NOT apply to:

  • Trust payments of benefits to retirees of the Employees Retirement System, Agency 327, (Code 7081) and the Teacher Retirement System, Agency 323, (Code 7083)
  • Trust payments for operating expenses are charged using the normal expenditure codes for these items


USAS Values


Appropriation Year 26
USAS Title TRUST OR SUSPENSE PAYMENT
Object Group 17 – Agency/Trust Transactions (Expenditure Objects)
USAS Status A
Rev/Exp Category 00 – INTERFUND TRANSFERS/OTHER



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