**Balance Transfers – Unexpired TAFS to Expired TAFS (USSGL 4192)**

**For Foreign Currency Fluctuations – Use only with OMB approval**

### Background

USSGL account 4192 is necessary to allow transfers from unexpired accounts into expired accounts.  These types of transactions may be necessary due to fluctuations in foreign currency valuations.  If the value of the dollar goes down after booking obligations, the dollars booked are not sufficient to cover the revalued obligation.  In these instances, USSGL account 4192 is necessary to transfer funds into the affected expired accounts to maintain the budgeted level of operations.  If there is another reason your agency needs to use USSGL account 4192, you must first receive OMB’s approval.

### Proposed New USSGL Account (Effective Fiscal Year 2006, Available for early implementation, Fiscal Year 2005)

**Account Title**:Balance Transfers – Unexpired TAFS to Expired TAFS

**Account Number**:4192

**Normal Balance**:Either

**Definition**:  The amount of realized nonexpenditure transfers during the fiscal year from an unexpired Treasury Appropriation Fund Symbol (TAFS) to an expired TAFS to minimize the effect of foreign currency fluctuations in order to maintain the budgeted level of operations for such expired TAFS.  This transaction is accomplished via SF 1151:  Nonexpenditure Transfer Authorization.  Use only with OMB approval.  On a case-by-case basis, this account may be used for other purposes with OMB prior approval.  FACTS II normal balance assigned to this account is “debit.” 

**Justification:**A new USSGL account is needed to allow for transfers from an unexpired TAFS to minimize the effect of foreign currency fluctuations in order to maintain the budgeted level of operations for such expired TAFS.

**Proposed New Transactions:**

**A215**To record the nonexpenditure transfer-in of unexpired unobligated balances to an expired Treasury Appropriation Fund Symbol (TAFS).

**Budgetary Entry**

Debit 4192 Balance Transfers – Unexpired TAFS to Expired TAFS

Credit 4450 Unapportioned Authority

Credit 4650 Allotments – Expired Authority

**Proprietary Entry**

Debit 1010 Fund Balance With Treasury

Credit 3102 Unexpended Appropriations – Transfers-In

Credit 5755 Nonexpenditure Financing Sources – Transfers-In 

**Justification:**New transaction is needed to allow transfers from an unexpired Treasury Appropriation Fund Symbol (TAFS) to an expired TAFS to minimize the effect of foreign currency fluctuations in order to maintain the budgeted level of operations for such expired TAFS.  This transaction is accomplished via SF 1151: Nonexpenditure Transfer Authorization.  This transaction can only be used with OMB approval.

**A216**To record the nonexpenditure transfer-out of unexpired unobligated balances to an expired Treasury Appropriation Fund Symbol (TAFS).

**Budgetary Entry**

Debit 4510 Apportionments

Debit 4620 Unobligated Funds Exempt from Apportionment

Debit 4610 Allotments – Realized Resources

Credit 4192 Balance Transfers – Unexpired TAFS to Expired TAFS

**Proprietary Entry**

Debit 3103 Unexpended Appropriations – Transfers-Out

Debit 5765 Nonexpenditure Financing Sources – Transfers-Out

Credit 1010 Fund Balance With Treasury

**Justification:**New transaction is needed to allow transfers from an unexpired Treasury Appropriation Fund Symbol (TAFS) to an expired TAFS to minimize the effect of foreign currency fluctuations in order to maintain the budgeted level of operations for such expired TAFS.  This transaction is accomplished via SF 1151: Nonexpenditure Transfer Authorization.  This transaction can only be used with OMB approval.

**CLOSING ENTRIES**

###### OMB Form and Content Statements

**OMB Form and Content Statements**

**OMB Form and Content Statements**

**OMB Form and Content Statements**

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