**FY 2021 TC Changes**

**FY 2021 TC Additions:**

**A252**To record the net amount of Agency or guaranteed principal received in excess of the amount of principal repaid to the Bureau of the Fiscal Service by FFB. This TC is for Federal Financing Bank (FFB) use only.

**Budgetary Entry**

Debit 412250 Federal Financing Bank (FFB) – Net Principal Payments 

Credit 445000 Unapportioned – Unexpired Authority 

**Proprietary Entry**

None

**Justification:**To show new USSGL account 412250 being used when FFB has amounts in excess of the principal repaid to the Bureau of the Fiscal Service.

**A253**To record the net amount of Agency or guaranteed principal received in deficit of the amount of principal repaid to the Bureau of the Fiscal Service by FFB. This TC is for Federal Financing Bank (FFB) use only.

**Budgetary Entry**

Debit 445000 Unapportioned – Unexpired Authority

   Credit 412250 Federal Financing Bank (FFB) – Net Principal Payments 

**Proprietary Entry**

None

**Justification:**To show new USSGL account 412250 being used when FFB has amounts in deficit of the principal repaid to the Bureau of the Fiscal Service.

**D103**To record the removal of unfilled customer orders without advance related to a corresponding downward adjustment of prior-year obligations.

**Comment:** USSGL accounts that reference this transaction: D102, D110, D120, D134, and D618

**Budgetary Entry**

Debit 465000 Allotments – Expired Authority

   Credit 422100 Unfilled Customer Orders Without Advance

**Justification:**To show the removal of USSGL account 422100 when related to downward adjustment of prior-year obligations.

**FY 2021 TC Modifications:**

**A474**	To record in the receiving agency the transfer-in of current-year authority or prior-year balances previously anticipated, accomplished via SF 1151: Nonexpenditure Transfer Authorization, where the source of the transfer is derived from appropriated receipts.

**Comment:**	Trust and special funds credit USSGL account 575500 to transfer appropriated receipts. Transfer partner must use USSGL TC-A478. Refer to conventions and limitations listed on the cover sheet at the beginning of this section.

**Budgetary Entry**

	Debit	417000	Transfers - Current-Year Authority

	Debit	417500	Allocation Transfers of Current-Year Authority for Non-Invested Accounts

	Debit	419000	Transfers - Prior-Year Balances

	Debit	419300	Balance Transfers - Unobligated Balances - Legislative Change of Purpose

             Debit               423100	Unfilled Customer Orders With Advance - Transferred

	   Credit	   416000		Anticipated Transfers - Current-Year Authority

	   Credit	   418000		Anticipated Transfers - Prior-Year Balances

	   Credit	   418300		Anticipated Balance Transfers - Unobligated Balances - Legislative Change of Purpose

**Proprietary Entry**

	Debit	101000	Fund Balance With Treasury

	   Credit	   575500		Non-Expenditure Financing Sources - Transfers-In - Other

**Justification:**To record USSGL account 423100 as a transfer in. 

**A478**	To record in the transferring agency the transfer-out of current-year authority or prior-year balances previously anticipated, accomplished via SF 1151: Nonexpenditure Transfer Authorization, where the source of the transfer is derived from appropriated receipts.

**Comment:**	Trust and special funds debit USSGL account 576500 to transfer appropriated receipts. Transfer partner must use USSGL TC-A474. Refer to conventions and limitations listed on the cover sheet at the beginning of this section.

**Budgetary Entry**

	Debit	416000	Anticipated Transfers - Current-Year Authority

	Debit	418000	Anticipated Transfers - Prior-Year Balances

	Debit	418300	Anticipated Balance Transfers - Unobligated Balances - Legislative Change of Purpose

	   Credit	   417000		Transfers - Current-Year Authority

	   Credit	   417500		Allocation Transfers of Current-Year Authority for Non-Invested Accounts

	   Credit	   419000		Transfers - Prior-Year Balances

	   Credit	   419300		Balance Transfers - Unobligated Balances - Legislative Change of Purpose

	   Credit	   423100           Unfilled Customer Orders With Advance - Transferred

**Proprietary Entry**

	Debit	576500	Non-Expenditure Financing Sources - Transfers-Out - Other

	   Credit	   101000		Fund Balance With Treasury

**Justification:**To record USSGL account 423100 as a transfer out.

**B408**	To reclassify payable schedules for disbursements to "in-transit" until the payment schedule is confirmed.

**Budgetary Entry**

	None

**Proprietary Entry**

	Debit	211000	Accounts Payable

	Debit	211200	Accounts Payable for Federal Government Sponsored Enterprise

	Debit	213000	Contract Holdbacks

             Debit	214000	Accrued Interest Payable – Not Otherwise Classified

	Debit	216000	Entitlement Benefits Due and Payable

	Debit	219000	Other Liabilities With Related Budgetary Obligations

	Debit	220000	Liability for Unpaid Insurance Claims

	Debit	221000	Accrued Funded Payroll and Leave

	Debit	221100	Withholdings Payable

	Debit	221300	Employer Contributions and Payroll Taxes Payable

	Debit	221500	Other Post Employment Benefits Due and Payable

	Debit	294000	Capital Lease Liability

	   Credit	   212000		Disbursements in Transit

**Justification:**USSGL account 214000 is being added so that entities can record accrued interest in a vendor 

****Payment when using Treasury Direct Disbursing. 

**C646**	To record the sale or disposition of assets other than personal properties and investments.

**Comment:**	If a receivable had been previously established, see USSGL TC-C647. 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	426600	Other Actual Business-Type Collections From Non-Federal Sources

	Debit	427700	Other Actual Collections - Federal/Non-Federal Exception Sources

	   Credit	   406000		Anticipated Collections From Non-Federal Sources

	   Credit	   407000		Anticipated Collections From Federal Sources

**Proprietary Entry**

	Debit	101000	Fund Balance With Treasury

	Debit	151900	Operating Materials and Supplies - Allowance

	Debit	152900	Inventory - Allowance

	Debit	154900	Forfeited Property - Allowance

	Debit	156900	Commodities - Allowance

	Debit	159900	Other Related Property - Allowance

	Debit	171900	Accumulated Depreciation on Improvements to Land

	Debit	173900	Accumulated Depreciation on Buildings, Improvements, and Renovations

	Debit	174900	Accumulated Depreciation on Other Structures and Facilities

	Debit	650000	Cost of Goods Sold

	Debit	721000	Losses on Disposition of Assets - Other

	   Credit	   151100		Operating Materials and Supplies Held for Use

	   Credit	   151600		Operating Materials and Supplies in Development

	   Credit	   152100		Inventory Purchased for Resale

	   Credit	   152500		Inventory - Raw Materials

	   Credit	   152600		Inventory - Work-in-Process

	   Credit	   152700		Inventory - Finished Goods

	   Credit	   154100		Forfeited Property Held for Sale

	   Credit	   156100		Commodities Held Under Price Support and Stabilization Support Programs

	   Credit	   159100		Other Related Property

	   Credit	   171100		Land and Land Rights

	   Credit	   171200		Improvements to Land

	   Credit	   172000		Construction-in-Progress

	   Credit	   173000		Buildings, Improvements, and Renovations

	   Credit	   174000		Other Structures and Facilities

	   Credit	   510000		Revenue From Goods Sold

	   Credit	   711000		Gains on Disposition of Assets - Other

**Justification:**Add the also post to the comments in order to draw entity attention.  **This change is for FY**

**2021 only.**

**C648**	To record a receivable from another federal entity for the sale or disposition of assets other than personal properties and investments.

**Comment:**	For the liquidation of the receivable, see USSGL TC C647.  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	428700	Other Federal Receivables

	   Credit	   407000		Anticipated Collections From Federal Sources

**Proprietary Entry**

	Debit	131000	Accounts Receivable

	Debit	151900	Operating Materials and Supplies - Allowance

	Debit	152900	Inventory - Allowance

	Debit	154900	Forfeited Property - Allowance

	Debit	156900	Commodities - Allowance

	Debit	159900	Other Related Property - Allowance

	Debit	171900	Accumulated Depreciation on Improvements to Land

	Debit	173900	Accumulated Depreciation on Buildings, Improvements, and Renovations

	Debit	174900	Accumulated Depreciation on Other Structures and Facilities

	Debit	181900	Accumulated Depreciation on Assets Under Capital Lease

	Debit	182900	Accumulated Amortization on Leasehold Improvements

	Debit	189900	Accumulated Depreciation on Other General Property, Plant, and Equipment

	Debit	650000	Cost of Goods Sold

	Debit	721000	Losses on Disposition of Assets - Other

	   Credit	   151100		Operating Materials and Supplies Held for Use

	   Credit	   151600		Operating Materials and Supplies in Development

	   Credit	   152100		Inventory Purchased for Resale

	   Credit	   152500		Inventory - Raw Materials

	   Credit	   152600		Inventory - Work-in-Process

	   Credit	   152700		Inventory - Finished Goods

	   Credit	   154100		Forfeited Property Held for Sale

	   Credit	   156100		Commodities Held Under Price Support and Stabilization Support Programs

	   Credit	   159100		Other Related Property

	   Credit	   171100		Land and Land Rights

	   Credit	   171200		Improvements to Land

	   Credit	   172000		Construction-in-Progress

	   Credit	   173000		Buildings, Improvements, and Renovations

	   Credit	   174000		Other Structures and Facilities

	   Credit	   181000		Assets Under Capital Lease

	   Credit	   182000		Leasehold Improvements

	   Credit	   189000		Other General Property, Plant, and Equipment

	   Credit	   510000		Revenue From Goods Sold

	   Credit	   711000		Gains on Disposition of Assets – Other

**Justification:**Add the also post to the comments in order to draw entity attention.  **This change is for FY**

**2021 only.**

**D102**	To record a downward adjustment to prior-year unpaid delivered orders and to reduce the liability when the adjustment is not recorded as a prior-period adjustment (USSGL account 740000 or 740100). The authority has expired.

**Comment:**	Prior-year adjustments are used only in year 2 and later. Also post USSGL TC-D103 if the downward adjustment is associated with reimbursable obligations in an expired expenditure account. Reverse USSGL TC-B134 for direct appropriations. For a prior-period adjustment (USSGL account 740000 or 740100), see USSGL TC's D306, D308, D310, and D312.

**Reference:**	USSGL implementation guidance; Prior-Period Adjustments

**Budgetary Entry**

	Debit	497100	Downward Adjustments of Prior-Year Unpaid Delivered Orders - Obligations, Recoveries

	   Credit	   465000		Allotments - Expired Authority

**Proprietary Entry**

	Debit	211000	Accounts Payable

	Debit	213000	Contract Holdbacks

	Debit	214000	Accrued Interest Payable - Not Otherwise Classified

	Debit	214100	Accrued Interest Payable - Loans

	Debit	214200	Accrued Interest Payable - Debt

	Debit	216000	Entitlement Benefits Due and Payable

	Debit	219000	Other Liabilities With Related Budgetary Obligations

	Debit	219100	Liability for Employer Benefits and Claims Incurred but Not Reported

	Debit	221000	Accrued Funded Payroll and Leave

	Debit	221100	Withholdings Payable

	Debit	221300	Employer Contributions and Payroll Taxes Payable

	Debit	221500	Other Post Employment Benefits Due and Payable

	Debit	221600	Pension Benefits Due and Payable to Beneficiaries

	Debit	221700	Benefit Premiums Payable to Carriers

	Debit	221800	Life Insurance Benefits Due and Payable to Beneficiaries

	   Credit	   151100		Operating Materials and Supplies Held for Use

	   Credit	   151200		Operating Materials and Supplies Held in Reserve for Future Use

	   Credit	   151600		Operating Materials and Supplies in Development

	   Credit	   152100		Inventory Purchased for Resale

	   Credit	   152200		Inventory Held in Reserve for Future Sale

	   Credit	   152500		Inventory - Raw Materials

	   Credit	   152600		Inventory - Work-in-Process

	   Credit	   152700		Inventory - Finished Goods

	   Credit	   156100		Commodities Held Under Price Support and Stabilization Support Programs

	   Credit	   157100		Stockpile Materials Held in Reserve

	   Credit	   157200		Stockpile Materials Held for Sale

	   Credit	   159100		Other Related Property

	   Credit	   171100		Land and Land Rights

	   Credit	   171200		Improvements to Land

	   Credit	   172000		Construction-in-Progress

	   Credit	   173000		Buildings, Improvements, and Renovations

	   Credit	   174000		Other Structures and Facilities

	   Credit	   175000		Equipment

	   Credit	   182000		Leasehold Improvements

	   Credit	   183000		Internal-Use Software

	   Credit	   183200		Internal-Use Software in Development

	   Credit	   184000		Other Natural Resources

****Credit	   189000		Other General Property, Plant, and Equipment

	   Credit	   199000		Other Assets

	   Credit	   610000		Operating Expenses/Program Costs

	   Credit	   640000		Benefit Expense

	   Credit	   650000		Cost of Goods Sold

	   Credit	   690000		Non-Production Costs

**Justification:**Add the also post to new USSGL TC-D103.

**D110**	To record a downward adjustment to prior-year unpaid delivered orders and to reduce the related liability when the adjustment is not recorded as a prior-period adjustment (USSGL account 740000 or 740100). The authority has not expired.

**Comment:**	Prior-year adjustments are used only in year 2 and later. The offset to all downward adjustments to undelivered orders is anticipated recoveries. If such a transaction causes an abnormal credit balance, approval by the Office of Management and Budget for use of resources is required. If anticipated accounts are not used, credit USSGL account 445000 or 462000. 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. Also post USSGL TC-D103 if the downward adjustment is associated with reimbursable obligations in an expired expenditure account. Reverse USSGL TC-B134 for direct appropriations. For a prior-period adjustment (USSGL account 740000 or 740100), see USSGL TCs D306, D308, D310, and D312.

**Reference:**	USSGL implementation guidance; USSGL Budgetary Accounting Guide; Prior-Period Adjustments

**Budgetary Entry**

	Debit	497100	Downward Adjustments of Prior-Year Unpaid Delivered Orders - Obligations, Recoveries

	   Credit	   431000		Anticipated Recoveries of Prior-Year Obligations

	   Credit	   445000		Unapportioned Authority

	   Credit	   462000		Unobligated Funds Exempt From Apportionment

**Proprietary Entry**

	Debit	211000	Accounts Payable

	Debit	213000	Contract Holdbacks

	Debit	214000	Accrued Interest Payable - Not Otherwise Classified

	Debit	214100	Accrued Interest Payable - Loans

	Debit	214200	Accrued Interest Payable - Debt

	Debit	216000	Entitlement Benefits Due and Payable

	Debit	219000	Other Liabilities With Related Budgetary Obligations

	Debit	219100	Liability for Employer Benefits and Claims Incurred but Not Reported

	Debit	221000	Accrued Funded Payroll and Leave

	Debit	221100	Withholdings Payable

	Debit	221300	Employer Contributions and Payroll Taxes Payable

	Debit	221500	Other Post Employment Benefits Due and Payable

	Debit	221600	Pension Benefits Due and Payable to Beneficiaries

	Debit	221700	Benefit Premiums Payable to Carriers

	Debit	221800	Life Insurance Benefits Due and Payable to Beneficiaries

	   Credit	   151100		Operating Materials and Supplies Held for Use

	   Credit	   151200		Operating Materials and Supplies Held in Reserve for Future Use

	   Credit	   151600		Operating Materials and Supplies in Development

	   Credit	   152100		Inventory Purchased for Resale

	   Credit	   152200		Inventory Held in Reserve for Future Sale

	   Credit	   152500		Inventory - Raw Materials

	   Credit	   152600		Inventory - Work-in-Process

	   Credit	   152700		Inventory - Finished Goods

	   Credit	   156100		Commodities Held Under Price Support and Stabilization Support Programs

	   Credit	   157100		Stockpile Materials Held in Reserve

	   Credit	   157200		Stockpile Materials Held for Sale

	   Credit	   159100		Other Related Property

	   Credit	   171100		Land and Land Rights

	   Credit	   171200		Improvements to Land

	   Credit	   172000		Construction-in-Progress

****Credit	   173000		Buildings, Improvements, and Renovations

	   Credit	   174000		Other Structures and Facilities

	   Credit	   175000		Equipment

	   Credit	   182000		Leasehold Improvements

	   Credit	   183000		Internal-Use Software

	   Credit	   183200		Internal-Use Software in Development

	   Credit	   184000		Other Natural Resources

	   Credit	   189000		Other General Property, Plant, and Equipment

	   Credit	   199000		Other Assets

	   Credit	   610000		Operating Expenses/Program Costs

	   Credit	   640000		Benefit Expense

	   Credit	   690000		Non-Production Costs

**Justification:**Add the also post to new USSGL TC-D103.

**D120**	To record a downward adjustment to unpaid prior-year undelivered orders.

**Comment:**	Prior-year adjustments are used only in year 2 and later. The goods, services, or invoices have not been received. Record USSGL account 465000 if the authority has expired. If an amount was originally obligated against indefinite borrowing authority, then post TC D-138. 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. Also post USSGL TC D103 if the downward adjustment is associated with reimbursable obligations in an expired expenditure account.

**Reference:**	USSGL implementation guidance; Upward and Downward Adjustments to Expired Appropriations

**Budgetary Entry**

	Debit	487100	Downward Adjustments of Prior-Year Unpaid Undelivered Orders - Obligations, Recoveries

	   Credit              431000	    Anticipated Recoveries of Prior-Year Obligations

	   Credit	   445000		Unapportioned Authority

~~Credit	   461000		Allotments - Realized Resources~~

	   Credit	   462000		Unobligated Funds Exempt From Apportionment

	   Credit	   465000		Allotments - Expired Authority

**Proprietary Entry**

	None

**Justification:**Account 431000 estimates downward adjustments of prior-year obligations anticipated for 

             recovery in the current fiscal year (used in unexpired multi-year or no-year funds).  When a downward 

             adjustment to an unpaid prior-year undelivered order or a downward adjustment for a refund received from a 

             prior-year paid delivered order (on unexpired multi-year or no year funds) is realized, entities typically have 

             previously anticipated that recovery and should record the downward adjustment against the anticipated 

             recovery account (USSGL 431000). USSGL account 461000 is being removed because you must 

             reapportion when you have a downward adjustment. 

**D134**	To record the delivery of goods and services ordered in a prior-year and accrue a liability. Expended authority is less than the original obligation and the authority is not expired.

**Comment:**	The offset to downward adjustments to undelivered orders is anticipated recoveries. If such a transaction causes an abnormal credit balance, the Office of Management and Budget's approval for use of resources is required. When anticipated accounts are not used, credit USSGL account 445000 or credit USSGL account 462000 if funds are exempt from apportionment. Also post USSGL TC-B134 if funded by a direct appropriation. Also post USSGL TC-A122 if recoveries were previously anticipated and apportioned or USSGL TC-A123 if recoveries were previously anticipated in programs exempt from apportionment. Also post USSGL TC-D103 if the downward adjustment is associated with reimbursable obligations in an expired expenditure account. The payroll and related benefit liabilities in this transaction are only for work-in-process. For other payroll-related transactions, see USSGL TCs-E104 through E117. Also post USSGL TCs G120, G122, and G124 to track purchases.

**Reference:**	USSGL implementation guidance; USSGL Budgetary Accounting Guide

**Budgetary Entry**

	Debit	480100	Undelivered Orders - Obligations, Unpaid

	Debit	487100	Downward Adjustments of Prior-Year Unpaid Undelivered Orders - Obligations, Recoveries

	   Credit	   431000		Anticipated Recoveries of Prior-Year Obligations

	   Credit	   445000		Unapportioned Authority

	   Credit	   462000		Unobligated Funds Exempt From Apportionment

	   Credit	   490100		Delivered Orders - Obligations, Unpaid

**Proprietary Entry**

	Debit	151100	Operating Materials and Supplies Held for Use

	Debit	151200	Operating Materials and Supplies Held in Reserve for Future Use

	Debit	151600	Operating Materials and Supplies in Development

	Debit	152100	Inventory Purchased for Resale

	Debit	152200	Inventory Held in Reserve for Future Sale

	Debit	152500	Inventory - Raw Materials

	Debit	152600	Inventory - Work-in-Process

	Debit	152700	Inventory - Finished Goods

	Debit	156100	Commodities Held Under Price Support and Stabilization Support Programs

	Debit	157100	Stockpile Materials Held in Reserve

	Debit	157200	Stockpile Materials Held for Sale

	Debit	159100	Other Related Property

	Debit	171100	Land and Land Rights

	Debit	171200	Improvements to Land

	Debit	172000	Construction-in-Progress

	Debit	173000	Buildings, Improvements, and Renovations

	Debit	174000	Other Structures and Facilities

	Debit	175000	Equipment

	Debit	182000	Leasehold Improvements

	Debit	183000	Internal-Use Software

	Debit	183200	Internal-Use Software in Development

	Debit	184000	Other Natural Resources

	Debit	189000	Other General Property, Plant, and Equipment

	Debit	199000	Other Assets

	Debit	610000	Operating Expenses/Program Costs

	Debit	640000	Benefit Expense

	Debit	690000	Non-Production Costs

	   Credit	   211000		Accounts Payable

	   Credit	   213000		Contract Holdbacks

	   Credit	   214000		Accrued Interest Payable - Not Otherwise Classified

	   Credit	   214100		Accrued Interest Payable - Loans

	   Credit	   214200		Accrued Interest Payable - Debt

	   Credit	   216000		Entitlement Benefits Due and Payable

	   Credit	   219000		Other Liabilities With Related Budgetary Obligations

	   Credit	   219100		Liability for Employer Benefits and Claims Incurred but Not Reported

	   Credit	   220000		Liability for Unpaid Insurance Claims

	   Credit	   221000		Accrued Funded Payroll and Leave

	   Credit	   221100		Withholdings Payable

	   Credit	   221300		Employer Contributions and Payroll Taxes Payable

	   Credit	   221500		Other Post Employment Benefits Due and Payable

	   Credit	   221600		Pension Benefits Due and Payable to Beneficiaries

	   Credit	   221700		Benefit Premiums Payable to Carriers

	   Credit	   221800		Life Insurance Benefits Due and Payable to Beneficiaries

**Justification:**Add the also post to new USSGL TC-D103.  

**D618**	To record a gain on prior-year unpaid obligations due to fluctuation of foreign currency exchange rates on a non-monetary transaction, where excess obligations of a prior-year are adjusted downward due to the rate variance at the time of disbursement.

**Comment:**	Prior-year adjustments are used only in year 2 or later. Record USSGL account 465000 if the authority has expired. Also post reverse to USSGL TC B134 for direct appropriations. 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. Also post USSGL TC D103 if the downward adjustment is associated with reimbursable obligations in an expired expenditure account. Post this transaction immediately preceding disbursement (USSGL TC B110).

**Budgetary Entry**

	Debit	497100	Downward Adjustments of Prior-Year Unpaid Delivered Orders - Obligations, Recoveries

	   Credit	   445000		Unapportioned Authority

	   Credit	   451000		Apportionments

~~Credit	   461000		Allotments - Realized Resources~~

	   Credit	   465000		Allotments - Expired Authority

**Proprietary Entry**

	Debit	211000	Accounts Payable

	   Credit	   719000		Other Gains

**Justification:**Add the also post to new USSGL TC-D103. USSGL account 461000 is being removed 

              because you must reapportion when you have a downward adjustment.

**FY 2021 TC Deletions:**

**A552**	To record in the transferring agency the transfer-out of unfilled customer orders with advance.

**Reference:**	USSGL implementation guidance; Transfer of USSGL Account 422500

**Budgetary Entry**

	Debit	419500	Transfer of Obligated Balances

	   Credit	   423100		Unfilled Customer Orders With Advance - Transferred

**Proprietary Entry**

	None

**Justification:**USSGL account 423100 can not be part of obligated balances because it has already been collected.

**A554**	To record in the receiving agency the actual transfer-in unfilled customer orders with advance.

**Reference:**	USSGL implementation guidance; Transfer of USSGL Account 422500

**Budgetary Entry**

	Debit	423100	Unfilled Customer Orders With Advance - Transferred

	   Credit	   419500		Transfer of Obligated Balances

**Proprietary Entry**

	None

**Justification:**USSGL account 423100 can not be part of obligated balances because it has already been collected.

**FY 2022 TC Modification for discussion:**

C615 To record the disposition of general property, plant and equipment that was permanently removed. 

***Comment:***Also post USSGL TC-E509 to move Fund Balance With Treasury to a Clearing Account.  This entry should be recorded by reporting entities that have legal authority to keep sales proceeds from selling General Property, Plant and Equipment Permanently removed.   If reporting entities do not have the legal authority to keep sales proceeds, they must deposit the proceeds to a Treasury General Fund receipt account and follow the accounting requirements for General Fund receipt accounts.

**Reference:** USSGL Implementation Guidance; FASAB Technical Release 14: "Implementation Guidance on the Accounting for the Disposal of General Property, Plant, & Equipment"; USSGL scenario “General Fund Receipt Account Scenario 5 – Non-Custodial Statement of Collections of Proceeds from Disposition of Personal Property”

**Budgetary Entry**

Debit 426600 Other Actual Business Type Collections from Nonfederal Sources

   Credit 406000 Anticipated Collections From Non-Federal Sources

   Credit 445000 Unapportioned Authority

**Proprietary Entry**

Debit 101000 Fund Balance With Treasury 

Debit 721000 Losses on Disposition of Assets - Other 

   Credit 199500 General Property, Plant, and Equipment Permanently Removed but Not Yet Disposed 

   Credit 711000 Gains on Disposition of Assets - Other 

Page 2 of 2IRC Handout August 18, 2021