Grants Reallocation Matrix 1074 sections for the cost center receiving the… Credit Account Debit Account PeopleSoft …Credit …Debit From To Code Code Document (moving exp from) (moving exp to) Grant 5xxxx Journal Non-Grant Local Grant 56502 or 5xxxx 1074.2 56500,5xxxx (actual) Non-Grant State 1074.3b Voucher None State Grant Non-Grant Local Grant 5xxxx Local Journal 20109 (P-card) 1074.3a Grant (applies only to credit 20110 (T-card) 1074.6 card transactions only) Use actual account code when removing an unallowable expenditure from a grant. Use the same account code on both the debit and credit side of the transaction (journal/voucher). This applies to both current and prior year non-payroll reallocations. Description of 1074 Sections and Backup Documents Section Name Description Revenue & Expense - Budget Node 1074.2 Shows the dollar amount accumulated in the specific expenditure account code as of the current period. & Account Summary Detail for revenue and expense Shows the actual 5xxx account code and associated expenditure being moved. 1074.3b accounts Detail for assets, liabilities and Shows the liability (20109, 20110) to be moved. Usually, it is the P-card or T-card liabilities that are being moved 1074.3a equity to expenditure account code 5xxxx on the grant. Shows the total accumulated in P/T card liability (20109, 20110) when clearing debit balance in these accounts. 1074.6 Balance sheet Shows the equity amount in the non-grant cost center for prior year reallocation (Account code 36100). A late justification memo is required if the original transaction is over 90 days. A justification is also required to Justification Memo explain any unusual circumstances.
Grants Reallocation Matrix From To Credit Account Code Debit Account Code PeopleSoft Document 1074 sections for the cost center receiving the… …Credit (moving exp from) …Debit (moving exp to) Grant Grant 5xxxx (actual) 5xxxx Journal 1074.2 1074.3b None Non-Grant Local 56502 or 56500,5xxxx Non-Grant State Voucher State Grant 5xxxx Non-Grant Local Grant Journal Local (applies only to credit card transactions only) Grant 20109 (P-card) 20110 (T-card) 1074.3a 1074.6 Use actual account code when removing an unallowable expenditure from a grant. Use the same account code on both the debit and credit side of the transaction (journal/voucher). This applies to both current and prior year non-payroll reallocations. Description of 1074 Sections and Backup Documents Section Name Description 1074.2 Revenue & Expense - Budget Node & Account Summary Shows the dollar amount accumulated in the specific expenditure account code as of the current period. 1074.3b Detail for revenue and expense accounts Shows the actual 5xxx account code and associated expenditure being moved. 1074.3a Detail for assets, liabilities and equity Shows the liability (20109, 20110) to be moved. Usually, it is the P-card or T-card liabilities that are being moved to expenditure account code 5xxxx on the grant. 1074.6 Balance sheet Shows the total accumulated in P/T card liability (20109, 20110) when clearing debit balance in these accounts. Shows the equity amount in the non-grant cost center for prior year reallocation (Account code 36100). Justification Memo A late justification memo is required if the original transaction is over 90 days. A justification is also required to explain any unusual circumstances.
DOR.OCG.CO.0C%20Appx%20C,%20Realloc%20Matrix.docx