Lesson 7: Entering an ITV

Learning Check

The learning check helps you ensure you understand key points of the lesson. These scores are not saved but are intended to help you decide if you need to go back and review the lesson before moving on.

At the end of the training, you will take a comprehensive exam covering key material from each of the lessons.

Federal Pass-Through Funds

Scenario

You need to enter a transaction that transfers federal grant money from your agency to another agency.

Questions

Use the ITV T-code chart below to answer the following questions.

Pass-Through and Receipt of State or Federal Grants

Agency	ITV T-code Agency Transferring Funds	RTI T-code Agency Receiving Funds	Required COBJ	System-Generated T-code
Transaction Agency - Transfers Grant	274 (normal) or 275 (encumb)		7614 (state grant) 7971 (fed grant)	a.768 b.770
RTI Agency - Receives Grant		273	3725 (state grant) 3971 (fed grant)	771

1. Which transaction code should be used on the transaction for the interagency pass-through of federal funds held in the state treasury?

• a. 225
• b. 273
• c. 274

2. Which comptroller object must your agency use to pass federal funds through to another agency?

• a. 7614
• b. 7971
• c. 3971

3. What batch type is used for an ITV?

• a. 1 – Budgetary
• b. 2 – Revenue/receipts
• c. 4 – Expenditures/disbursements
• d. 5 – Journal voucher

4. What edit mode is recommended for ITV payments?

• a. Edit Mode 0 – No Edit No Post
• b. Edit Mode 1 – Edit No Post
• c. Edit Mode 2 – Edit and Post

5. What comptroller object would the RTI agency use in this scenario?

• a. 7614
• b. 3725
• c. 3971