State of Texas – Fiscal Management

Manual of Accounts

Previous Next

General Ledger 0240 – Federal Receivables

 

Issue Date:

Purpose


Reflects funds expended or services performed for which federal contract and/or grant funds have not yet been collected during the current state fiscal year. (Report funds expended and/or services performed for which non federal contract and grant funds have not been collected as Accounts Receivable. Grant awards not yet funded and for which the institution has not yet performed services are not considered as assets to be accounted for in the financial statements.)

USAS Values


Normal Balance Debit
Account Type Real
GL Posting Level Summary 1 [?]
Summary 1 elements posted: Agy, GL, Fund, NACUBO Subfund, T-Code, Grant No. and Phase, AGL, FY, AY, DR/CR Ind. and Appd Fund.



Accessibility Policy