USAS Deposit Default Processing
Issued: May 23, 2005
Updated: Sept. 22, 2023 – View Changes
FPP Q.006
Details
- Overview
- YD Documents
- YF Documents
- Deposit Default Coding Block Elements
- USAS/Treasury Deposit Approval for D Document Types
- USAS/Treasury Procedures for F Document Types
- Clearing the Deposit Default Fund
- DAFR Reports on Deposits
Contacts
For questions on this process, please contact your agency’s ACO.
Overview
Applicable to
State agencies and institutions of higher education.
Summary
The deposit default process is used when deposit documents contain errors. Only certain deposit document types are affected:
- D — Deposits entered in USAS that require the Comptroller’s Treasury Operations Division (Treasury) approval
- F — Deposits entered in USAS that do not require Treasury approval. (The Comptroller’s Treasury Operations and Revenue Accounting divisions create F documents.)
When these document types fail to post in USAS, USAS creates a document to post the cash to the associated agency’s default coding block. This system-generated document is in one of the following formats:
- For failed D document types: YDMMDDYY
- For failed F document types: YFMMDDYY
| Date | Updates |
|---|---|
| 09/22/2023 | Added information about split deposits going to default |
| 09/14/2020 | Updated to reflect current procedures |
| 01/10/2019 | Updated to reflect current procedures |