USAS Profile Review and Cleanup Procedures –
Cash in the State Treasury in USAS

Background

For agencies who have controlling interest in an appropriated fund or a dedicated account in the state treasury, the cash balance reported on the AFR must agree with the USAS balance. The correct amount to be reported can be found by inquiring in USAS using the Cash Control Summary Inquiry (57) screen or by ordering a DAFR8660 as the controlling agency.

Suspense funds are no longer reported in a fiduciary fund type, as established by GASB 84. All suspense fund activity must be reported in a governmental or proprietary fund type at fiscal year-end. Revenues and expenditures must be accrued as applicable. Please contact your financial reporting analyst with any questions.