**Transactions containing USSGL Account 2320:**

B338 To record the fair market value of real and intangible forfeited
property.

**Transaction Origin:** USSGL implementation guidance; FASAB SFFAS No.
3, "Accounting for

Inventory and Related Property"

**Budgetary Entry**

None

**Proprietary Entry**

Debit 1541 Forfeited Property Held for Sale

> Credit 2320 Deferred Credit

B340 To record an unclaimed and abandoned item that has met the
statutory and/or regulatory

requirements for forfeiture.

> **Transaction Origin:** USSGL implementation guidance; FASAB SFFAS No.
> 3, "Accounting for Inventory and Related Property"

**Budgetary Entry**

None

**Proprietary Entry**

Debit 1541 Forfeited Property Held for Sale

Credit 2320 Deferred Credits

B402 To record revenue received in advance.

**Transaction Origin:** USSGL TC-4140

**Budgetary Entry**

None

**Proprietary Entry**

Debit 1010 Fund Balance With Treasury

Credit 2320 Deferred Credits

C114 To record unearned revenue collected in advance and deposited to a
trust or special fund receipt account.

> **Comment:** Also post USSGL TC-A122 if authority was previously
> anticipated and apportioned or USSGL TC- A123 if authority was
> previously anticipated in programs exempt from apportionment.

**Budgetary Entry**

Debit 4114 Appropriated Trust or Special Fund Receipts

Credit 4394 Receipts Unavailable for Obligation Upon Collection

Credit 4450 Unapportioned Authority

Credit 4620 Unobligated Funds Exempt From Apportionment

**Proprietary Entry**

Debit 1010 Fund Balance With Treasury

Credit 2320 Deferred Credits

C116 To record in the financing fund unearned fees collected for
undisbursed loans.

> **Comment:** Also post USSGL TC-A122 if authority was previously
> anticipated and apportioned or USSGL TC-A123 if authority was
> previously anticipated in programs exempt from apportionment.

**Transaction Origin:** Credit reform case study

**Budgetary Entry**

Debit 4261 Actual Collections of Business-Type Fees

Credit 4060 Anticipated Collections From Non-Federal Sources

**Proprietary Entry**

Debit 1010 Fund Balance With Treasury

Credit 2320 Deferred Credits

A123 To record the realization of previously anticipated authority for
programs exempt from apportionment.

> **Comment:** USSGL transactions that reference this transaction
> (boldface transaction codes reference a reversal):
>
> A186, A304, A305, **A308**, B126, C106, C109, C116, C124, C130, C132,
> C136, C148, C152, C154, C182, C208, C210, C214, C302, **C304**, C306,
> **C308**, C314, C316, C318, C320, **C322**, C328, C342, C351, D108,
> D110, D134.

**Transaction Origin:** USSGL budgetary accounting guide

**Budgetary Entry**

Debit 4690 Anticipated Resources - Program Exempt From Apportionment

Credit 4620 Unobligated Funds Exempt From Apportionment

**Proprietary Entry**

None

C118 To record in the financing fund fees earned when loans are
disbursed.

**Comment:** Fees are earned by loan guarantees when the third party
disburses.

**Transaction Origin:** Credit reform case studies

**Budgetary Entry**

None

**Proprietary Entry**

Debit 2320 Deferred Credits

Credit 1399 Allowance for Subsidy

Credit 2180 Loan Guarantee Liability

C218 To record establishment of current-period earnings on income
received in advance.

**Comment:** See USSGL TC-B402 for collection entry.

**Transaction Origin:** USSGL TC-4045

**Budgetary Entry**

None

> **Proprietary Entry**

Debit 2320 Deferred Credits

Credit 5100 Revenue From Goods Sold

Credit 5200 Revenue From Services Provided

Credit 5500 Insurance and Guarantee Premium Revenue

Credit 5900 Other Revenue

C219 To record earned revenue in a trust or special fund TAFS that was
previously collected in advance.

**Comment:** See USSGL TC-C114 for collection entry.

**Budgetary Entry**

None

> **Proprietary Entry**

Debit 2320 Deferred Credits

Credit 5100 Revenue From Goods Sold

Credit 5200 Revenue From Services Provided

D346 To record forfeited personal property placed into official use.

> **Transaction Origin:** USSGL implementation guidance; FASAB SFFAS No.
> 3, "Accounting for Inventory and Related Property"

**Budgetary Entry**

None

**Proprietary Entry**

Debit 2320 Deferred Credits

Debit 1542 Forfeited Property Held for Donation or Use

Credit 5900 Other Revenue

Credit 1541 Forfeited Property Held for Sale

D350 To record forfeited personal property authorized to be
distributed/donated to another entity.

**Transaction Origin:** USSGL implementation guidance; FASAB SFFAS No.
3, "Accounting for

Inventory and Related Property"

**Budgetary Entry**

None

**Proprietary Entry**

Debit 2320 Deferred Credits

Credit 2990 Other Liabilities

Debit 1542 Forfeited Property Held for Donation or Use

> Credit 1541 Forfeited Property Held for Sale

D708 To record a prior period adjustment that reduces the value of a
liability.

**Comment:** If the downward adjustment is due to corrections of errors,
credit USSGL account

7400\. For prior-period adjustments due to changes in accounting
principles credit USSGL account

> 7401\. Also Post: USSGL TC-D702 if the prior period adjustment due to
> changes in accounting principle is associated with direct
> appropriations. USSGL TC-D704 for a prior-period adjustment due to
> corrections of errors that requires restatement, and associated with a
> direct appropriation. USSGL TC-D102 (budgetary entry only) if the
> adjustment has a downward budgetary impact to prior-year unpaid
> delivered orders - obligations, recoveries and the appropriation has
> expired. USSGL TC-D104 (budgetary entry only) if the adjustment has a
> downward budgetary impact to prior-year paid delivered orders -
> obligations, refunds collected, and the appropriation has expired.
> USSGL TC-D108 (budgetary entry only) if the adjustment has a downward
> budgetary impact on prior-year paid delivered orders - obligations,
> refunds collected, and the appropriation has not expired. USSGL
> TC-D110 (budgetary entry only) if the adjustment has a downward
> budgetary impact to prior-year unpaid delivered orders - obligations,
> recoveries, and has not expired.
>
> **Transaction Origin:** USSGL TC2020, USSGL implementation guidance;
> prior-period adjustments

**Budgetary Entry**

None

**Proprietary Entry**

> Debit 2110 Accounts Payable
>
> Debit 2120 Disbursements in Transit
>
> Debit 2130 Contract Holdbacks
>
> Debit 2140 Accrued Interest Payable
>
> Debit 2150 Payable for Transfers of Currently Invested Balances
>
> Debit 2155 Expenditure Transfers Payable
>
> Debit 2160 Entitlement Benefits Due and Payable
>
> Debit 2170 Subsidy Payable to the Financing Account
>
> Debit 2180 Loan Guarantee Liability
>
> Debit 2190 Other Accrued Liabilities
>
> Debit 2210 Accrued Funded Payroll and Leave
>
> Debit 2211 Withholdings Payable
>
> Debit 2213 Employer Contributions and Payroll Taxes Payable
>
> Debit 2215 Otherpost-Employment Benefits Due and Payable
>
> Debit 2216 Pension Benefits Due and Payable to Beneficiaries
>
> Debit 2217 Benefit Premiums Payable to Carriers
>
> Debit 2218 Life Insurance Benefits Due and Payable to Beneficiaries
>
> Debit 2220 Unfunded Leave
>
> Debit 2225 Unfunded FECA Liability
>
> Debit 2290 Other Unfunded Employment Related Liability
>
> Debit 2310 Advances From Others
>
> Debit 2320 Deferred Credits
>
> Debit 2400 Liability for Deposit Funds, Clearing Accounts, and
> Undeposited Collections
>
> Debit 2510 Principal Payable to the Bureau of the Public Debt
>
> Debit 2520 Principal Payable to the Federal Financing Bank
>
> Debit 2530 Securities Issued by Federal Agencies Under General and
> Special Financing
>
> Authority

Debit 2532 Premium on Securities Issued by Federal Agencies Under
General and Special

> Financing Authority

Debit 2540 Participation Certificates

Debit 2590 Other Debt

Debit 2610 Actuarial Pension Liability

Debit 2620 Actuarial Health Insurance Liability

Debit 2630 Actuarial Life Insurance Liability

Debit 2650 Actuarial FECA Liability

Debit 2690 Other Actuarial Liabilities

Debit 2910 Prior Liens Outstanding on Acquired Collateral

Debit 2920 Contingent Liabilities

Debit 2940 Capital Lease Liability

Debit 2950 Liability for Subsidy Related to Undisbursed Loans

Debit 2960 Accounts Payable From Canceled Appropriations

Debit 2970 Resources Payable to Treasury

Debit 2980 Custodial Liability

Debit 2990 Other Liability

Debit 2995 Estimated Cleanup Cost Liability

Credit 2179 Contra Liability for Subsidy Payable to the Financing
Account

Credit 2531 Discount on Securities Issued by Federal Agencies Under
General and

> Special Financing Authority

Credit 2533 Amortization of discount and Premium on Securities Issued by
Federal

Agencies Under General and Special Financing Authority

> Credit 7400 Prior-Period Adjustments Due to Corrections of Errors
>
> Credit 7401 Prior-Period Adjustments Due to Changes in Accounting
> Principles

D712 To record a prior period adjustment that increases the value of a
prior-year liability.

**Comment:** If the upward adjustment is due to corrections of errors,
debit USSGL account

7400\. For prior-period adjustments due to changes in accounting
principles debit USSGL account

7401\. If the prior period adjustment due to changes in accounting
principle is associated with

direct appropriations, reverse USSGL TC-D702. For a prior-period
adjustment due to corrections

> of errors, reverse USSGL TC-D704. Also Post: USSGL TC-D106 (budgetary
> entry only) if the adjustment has an upward budgetary impact on
> prior-year unpaid delivered orders - obligations, refunds collected
> and the authority has expired. USSGL TC-D114 (budgetary entry only) if
> the adjustment has an upward budgetary impact on prior year
> undelivered orders when the bill is more than the original undelivered
> order and the authority has expired. USSGL TC-D116 (budgetary entry
> only) if the adjustment has an upward budgetary impact on prior year
> undelivered orders when the bill is more than the original undelivered
> order and the authority has not expired.
>
> **Transaction Origin:** USSGL TC2020, USSGL implementation guidance;
> prior-period adjustments

**Budgetary Entry**

None

**Proprietary Entry**

Debit 2179 Contra Liability for Subsidy Payable to the Financing Account

Debit 2531 Discount on Securities Issued by Federal Agencies Under
General and

> Special Financing Authority

Debit 2533 Amortization of discount and Premium on Securities Issued by
Federal

Agencies Under General and Special Financing Authority

Debit 7400 Prior-Period Adjustments Due to Corrections of Errors

> Debit 7401 Prior-Period Adjustments Due to Changes in Accounting
> Principles
>
> Credit 2110 Accounts Payable
>
> Credit 2120 Disbursements in Transit
>
> Credit 2130 Contract Holdbacks
>
> Credit 2140 Accrued Interest Payable
>
> Credit 2150 Payable for Transfers of Currently Invested Balances
>
> Credit 2155 Expenditure Transfers Payable
>
> Credit 2160 Entitlement Benefits Due and Payable
>
> Credit 2170 Subsidy Payable
>
> Credit 2180 Loan Guarantee Liability
>
> Credit 2190 Other Accrued Liabilities
>
> Credit 2210 Accrued Funded Payroll and Leave
>
> Credit 2211 Withholdings Payable
>
> Credit 2213 Employer Contributions and Payroll Taxes Payable
>
> Credit 2215 Otherpost-Employment Benefits Due and Payable
>
> Credit 2216 Pension Benefits Due and Payable to Beneficiaries
>
> Credit 2217 Benefit Premiums Payable to Carriers
>
> Credit 2218 Life Insurance Benefits Due and Payable to Beneficiaries
>
> Credit 2220 Unfunded Leave
>
> Credit 2225 Unfunded FECA Liability
>
> Credit 2290 Other Unfunded Employment Related Liability
>
> Credit 2310 Advances From Others
>
> Credit 2320 Deferred Credits
>
> Credit 2400 Liability for Deposit Funds, Clearing Accounts, and
> Undeposited
>
> Collections
>
> Credit 2510 Principal Payable to the Bureau of the Public Debt
>
> Credit 2520 Principal Payable to the Federal Financing Bank
>
> Credit 2530 Securities Issued by Federal Agencies Under General and
> Special Financing
>
> Authority
>
> Credit 2532 Premium on Securities Issued by Federal Agencies Under
> General and
>
> Special Financing Authority

Credit 2540 Participation Certificates

Credit 2590 Other Debt

Credit 2610 Actuarial Pension Liability

Credit 2620 Actuarial Health Insurance Liability

Credit 2630 Actuarial Life Insurance Liability

Credit 2650 Actuarial FECA Liability

Credit 2690 Other Actuarial Liabilities

Credit 2910 Prior Liens Outstanding on Acquired Collateral

Credit 2920 Contingent Liabilities

Credit 2940 Capital Lease Liability

Credit 2950 Liability for Subsidy Related to Undisbursed Loans

Credit 2960 Accounts Payable From Canceled Appropriations

Credit 2970 Resources Payable to Treasury

Credit 2980 Custodial Liability

Credit 2990 Other Liability

Credit 2995 Estimated Cleanup Cost Liability

**Transactions containing USSGL Accounts 4222/2310:**

A303 To record in the performing agency a reimbursable agreement that
was not previously anticipated.

**Comment:** Budgetary resources were provided by Contract Authority.

**Budgetary Entry**

Debit 4221 Unfilled Customer Orders Without Advance

Debit 4222 Unfilled Customer Orders With Advance

Credit 4132 Substitution of Contract Authority

**Proprietary Entry**

Debit 1010 Fund Balance With Treasury

Credit 2310 Advances From Others

A306 To record earned revenue in the performing agency related to a
reimbursable agreement or other income.

**Comment:** See USSGL TC-C182

**Transaction Origin:** USSGL reimbursable accounting guide

**Budgetary Entry**

Debit 4252 Reimbursements and Other Income Earned - Collected

Credit 4222 Unfilled Customer Orders With Advance

Credit 4266 Other Actual Business-Type Collections From Non-Federal
Sources

**Proprietary Entry**

Debit 2310 Advances From Others

Credit 5100 Revenue From Goods Sold

Credit 5200 Revenue From Services Provided

A308 To record in the performing agency the completion of a prior-year
reimbursable order and the

refund of an advance to the ordering agency.

**Comment:** Use USSGL account 4871 if the amount was previously
obligated or USSGL account

4210 if the amount was not previously obligated. Reverse USSGL TC-A122
if the refund was not

previously anticipated and apportioned or USSGL TC-A123 if authority was
previously

anticipated in programs exempt from apportionment.

**Transaction Origin:** USSGL reimbursable accounting guide

**Budgetary Entry**

Debit 4210 Anticipated Reimbursements and Other Income

> Debit 4871 Downward Adjustments of Prior-Year Unpaid Undelivered
> Orders - Obligations, Recoveries

Credit 4222 Unfilled Customer Orders With Advance

**Proprietary Entry**

Debit 2310 Advances From Others

Credit 1010 Fund Balance With Treasury

C182 To record a collection in the performing agency related to a
reimbursable agreement or other

unearned income.

**Comment:** Also post USSGL TC-A122 if authority was previously
anticipated and apportioned or

USSGL TC-A123 if authority was previously anticipated in programs exempt
from

apportionment.

**Transaction Origin:** USSGL reimbursable accounting guide

**Budgetary Entry**

Debit 4222 Unfilled Customer Orders With Advance

Debit 4266 Other Actual Business-Type Collections From Non-Federal
Sources

Credit 4210 Anticipated Reimbursements and Other Income

**Proprietary Entry**

Debit 1010 Fund Balance With Treasury

Credit 2310 Advances From Others

C184 To record in the performing agency an advance received after a
reimbursable agreement was established.

**Transaction Origin:** USSGL reimbursable accounting guide

**Budgetary Entry**

Debit 4222 Unfilled Customer Orders With Advance

Credit 4221 Unfilled Customer Orders Without Advance

**Proprietary Entry**

Debit 1010 Fund Balance With Treasury

Credit 2310 Advances From Others

F110 To record the removal of unfilled customer orders with advance and
to return advance in excess of

obligations.

> **Comment:** For expiring accounts only. To record as an adjusting
> entry before preparing the preclosing trial balance.

**Budgetary Entry**

Debit 4610 Allotments - Realized Resources

Debit 4620 Unobligated Funds Exempt From Apportionment

Credit 4222 Unfilled Customer Orders With Advance

**Proprietary Entry**

Debit 2310 Advances From Others

Credit 1010 Fund Balance With Treasury

F264 To record the closing of USSGL account 4231 back to the original
budgetary resource receivable.

**Comment:** Reverse this transaction for receiving agency.

> **Transaction Origin:** USSGL implementation guidance; transfer of
> spending authority from offsetting collections with obligations

**Budgetary Entry**

Debit 4231 Unfilled Customer Orders With Advance - Transferred

> Credit 4222 Unfilled Customer Orders With Advance

# Proprietary Entry

None

**Other Transactions containing USSGL Account 2310:**

B142 To record the disbursement of foreign currency by a disbursing
officer on behalf of the operating fund.

> **Transaction Origin:** USSGL implementation guidance "Accounting for
> Purchased Foreign Currency"
>
> **Comment:** This entry should be made by agencies that have their own
> disbursing authority. At the time of the foreign currency
> disbursement, the disbursing officer will charge the appropriation of
> the operating fund that requested the disbursement, (see USSGL TC-B110
> and the USSGL implementation guidance "Accounting for Purchased
> Foreign Currency"), which can be acquired on the USSGL Web site.
> Agencies that do not have their own disbursing authority also may
> refer to the implementation guidance mentioned above. Agencies that
> have foreign currency account symbols in the X7000 series, refer to
> USSGL TCs-C192, C194, C230, D362, and D364.

**Budgetary Entry**

None

**Proprietary Entry**

Debit 2310 Advance From Others

Credit 1200 Foreign Currency

See D708 & D712 on pgs. 4 -- 6.