Correcting Bookkeeping and Cost Allocation Entries (APS 021)
About these transactions
Agencies enter expenditure transfer transactions into USAS if previously posted expenditures were charged against wrong program cost accounts (PCAs), appropriated or agency funds, appropriation years or object codes. The reason for the correction of the original charge must be stated in the Legal/Descriptive Text (19) screen of the correcting document.
The vendor number whose payment is being corrected should be used when practical. To create an audit trail and to maintain accurate vendor activity records, corrections should reflect the vendor number used in the original transaction.
Note: If the original payment was marked as confidential or as containing some confidential information, any expenditure transfer voucher (ETV) transaction moving the expense must be similarly marked in order to maintain the confidential designation. To process an ETV, the Pre-Enc/Enc/Expend Transaction Entry (505) screen or the USAS detail transaction input record via electronic batch input file may be used with the appropriately marked confidential indicator. The Balanced JV Transaction Entry (509) screen is not available for this activity. See USAS and CAPPS Financials Confidentiality Indicator (FPP E.045).
Current period adjustments are corrected with T-codes 407 and 408 and use a current effective date. Prior period adjustments are corrected with T-codes 467 and 468, which allow the user to backdate the transaction effective date.
Transactions must be entered using Document Type K.
Batch Type 4 or 8 can be used.
CAPPS agencies create the expenditure transfer by entering a voucher in CAPPS. The vendor ID from the original transaction is used on the expenditure transfer voucher. The accounting entry template for T-code 408 is used and a descriptive legal text entered to document the reason for the correction.
For questions, contact your agency’s Level 1 Help Desk support staff. Authorized Level 1 users may contact the CAPPS Help Desk for additional support.