Reports Overview

A financial transaction is edited against various profile screens to determine if it meets all technical requirements.

Once a transaction has met all technical requirements, it is edited against the primary financial tables to determine if funding is available.

If funding is available, the transaction updates the primary and secondary financial tables and that financial information is included in future financial statements.

If funding is not available, the transaction will error out and show on the IT file (53 screen), the Batch Error Report and the USAS IT Status report.

Reporting agencies generally produce financial statements from their own accounting systems to compare them to the corresponding information in USAS.

Internal agencies analyze their USAS financial statements to ensure they are reasonable and correct.

As USAS is the state's accounting system of record for both reporting and internal agencies, it must accurately represent agencies' financial positions to ensure sound statewide reporting.

Next: USAS Control Reports