**Reductions of Expenditure Transfers Receivable/Payable**

**The purpose of this scenario is to accommodate across-the-board reductions where expenditure transfers receivable and payable are established on the books.  The expenditure transfer between two TAFS is represented by the transferring entity having a payable in USSGL 4901 and the recipient entity having a receivable in USSGL 4225.  In most instances, this will occur between a trust fund and a general fund; however, an exception has been made for SSA’s Limitation on Administration Expenses account.**

**Year 1**

**Transferring TAFSReceiving TAFS**

**(i.e. 20X8042, 20X8004, 20X8005, 20X8006, 20X8007)     (i.e. 16-0165, 16-0172, 16-0200, 28-8704)**

1. **To record receipts credited to the Transferring TAFS.  (Note:  This transaction combines the activity of the receipt and expenditure accounts.)  (TC A188)**

2. **To invest receipts in U.S. Treasury securities issued by the Bureau of the Fiscal Service at par value.  (TC B124)**

**Transferring TAFSReceiving TAFS**

**(i.e. 20X8042, 20X8004, 20X8005, 20X8006, 20X8007)     (i.e. 16-0165, 16-0172, 16-0200, 28-8704)**

**3.  To record a receivable and payable for the amount to be transferred from the Transferring TAFS to the Receiving TAFS.  In order to maintain sound cash management principles, the funds will not be transferred until needed for disbursement (TC A258, A259).**

**4.  To record the apportionment and allotment of amounts in the Receiving TAFS and to record an obligation of unpaid undelivered orders. (TCA116, A120, B204).**

**Transferring TAFSReceiving TAFS**

**(i.e. 20X8042, 20X8004, 20X8005, 20X8006, 20X8007)     (i.e. 16-0165, 16-0172, 16-0200, 28-8704)**

**5.  To record the reduction of $500 in the Transferring TAFS and adjust the receivable and payable between the related accounts.  (Transferring: TC A259R, A218; Receiving TAFS: TC A258a)**

**Transferring TAFSReceiving TAFS**

**(i.e. 20X8042, 20X8004, 20X8005, 20X8006, 20X8007)     (i.e. 16-0165, 16-0172, 16-0200, 28-8704)**

**YEAR 1:  PRE-CLOSING TRIAL BALANCES**

**Transferring TAFSReceiving TAFS**

**(i.e. 20X8042, 20X8004, 20X8005, 20X8006, 20X8007)     (i.e. 16-0165, 16-0172, 16-0200, 28-8704)**

**Year 1:  Closing Entries**

**6.  To reclassify the reduction.  (TC F246)**

**7.  In the Transferring TAFS, close appropriation to total actual resources collected.  (TC F204)  In both TAFS, close revenue and financing sources transferred to cumulative results of operations. (TC F228.)**

**Transferring TAFSReceiving TAFS**

**(i.e. 20X8042, 20X8004, 20X8005, 20X8006, 20X8007)     (i.e. 16-0165, 16-0172, 16-0200, 28-8704)**

**YEAR 1:  POST-CLOSING TRIAL BALANCES**

**YEAR 1:  USSGL 2108: Yearend Closing Statement**

**Transferring TAFSReceiving TAFS**

**Column 5**1010

**Column 6**161010,000

**Column 7**42255,500

**Column 9**48015,500

**Column 10**49015,500

**Column 11**4382, 46204,500   0

**FACTS II Edit Check:  Columns 5+6+7+8=9+10+11**

**Year 1:  SF 133: Report on Budget Execution and Budgetary Resources**

**Transferring TAFSReceiving TAFS**

**Budgetary Resources**

1A  Budget Auth: Approps Received (4114E)10,000       0

3D2.SPOC: Transfers from Trust Funds: Antic (4225E-B)5,500

5.Temporarily Not Avail Pursuant to Public Law (-) (4382E) (500) 

7.Total Budgetary Resources9,5005,500

**Status of Budgetary Resources**

8.Obligations Incurred (4801E-B, 4901E-B)5,5005,500

9.Unobligated Balance: Exempt from Apport (4620E)4,000

11.Total Status of Budgetary Resources9,5005,500

### Relationship of Obligations to Outlays

12.  Obligated Balance, Net, Beginning of Period (4225B, 4801B, 4901B)        0        0

14. Obligated Balance, Net, End of Period:

     A.  Accounts receivable (-) (4225E)(5,500)

     C.  Undelivered Orders (+) (4801E)    5,500

     D.  Accounts Payable (+) (4901E)5,500

15. Outlays:

A.  Disbursements (+) (4902E)       0        0

     B.  Collections (-) (4255E)       0        0

     C.  Subtotal (calculation 15A..15B)       0        0

**Year 1: Program and Financing Schedule (P&F)**

**Transferring TAFSReceiving TAFS**

# Obligations by Program Activity

1000Total new obligations (+) (4801E-B, 4901E-B)5,5005,500

# Budgetary Resources Available for Obligation

2140Unobligated balance carried forward, start of yr (+)

2200New budget authority (gross) (sum 4000 to 6962)9,5005,500

2395Total new obligations (-) (same as line 1000, opp sign)(5,500)(5,500)

2440Unob bal CF, end of yr (+) (4620E)4,000        0

# New Budgetary Authority (Gross), Detail

4026Appropriation (trust fund) (+) (4114E)10,000       0

### 4037Appropriation temporarily reduced (-) (4382E)   (500)

### 6810Change in uncoll cust pyts from Fed sources (unexpired) (4225E-B)5,500

### 7000Total new budget authority (gross) (-) (sum 4000 through 6990)9,5005,500

### Change in Obligated Balances

7240Obligated balance, start of year (+) (4225B, 4801B, 4901B)

7310Total new obligations (+) (line 1000)5,5005,500

7400Change in uncoll cust pyts for Fed sources (unexp) (same as 6810, opp sign)(5,500)

7440Obligated balance, end of year (+) (4225E, 4801E, 4901E)5,500       0

**NET BUDGET AUTHORITY AND OUTLAYS**

8900Budget authority (net) (+)  Calc (same as sum 2200 - (8800..8845, 8895, 8896))9,5005,500

9000Outlays (net) (+)  Calc (same as sum (8690..8698) - (8800..8845))

# Memorandum (NON-ADD) Entries

9201Total invest, start of year: Fed secs: PV (+) (1610B)

9202Total invest, end of year: Fed secs: PV (+) (1610E)10,000

9502Unpaid obligations, end of year (4801E, 4901E)5,5005,500

**YEAR 2**

**Transferring TAFSReceiving TAFS**

**(i.e. 20X8042, 20X8004, 20X8005, 20X8006, 20X8007)     (i.e. 16-0165, 16-0172, 16-0200, 28-8704)**

**1.  To bring authority rescinded in prior-year (year 1) forward as current year authority.  (TC A108)**

**2.To record receipts credited to the Transferring TAFS.  (Note:  This transaction combines the activity of the receipt and expenditure accounts.)  (TC A188)**

**3.To invest receipts in U.S. Treasury securities issued by the Bureau of the Fiscal Service at par value.  (TC B124)**

**Transferring TAFSReceiving TAFS**

**(i.e. 20X8042, 20X8004, 20X8005, 20X8006, 20X8007)     (i.e. 16-0165, 16-0172, 16-0200, 28-8704)**

**4. To record a receivable and payable for the amount to be transferred from the Transferring TAFS to the Receiving TAFS.  In order to maintain sound cash management principles, the funds will not be transferred until needed for disbursement (TC A258, A259).**

**5.  To record the apportionment and allotment of amounts in the Receiving TAFS and to record obligations of undelivered orders unpaid (TC A116, A120, B204).**

**Transferring TAFSReceiving TAFS**

**(i.e. 20X8042, 20X8004, 20X8005, 20X8006, 20X8007)     (i.e. 16-0165, 16-0172, 16-0200, 28-8704)**

6. **To record the reduction of $300 in the Transferring TAFS and adjust receivable and payable between the related accounts.  (TC xxx and TC xxx)**

**Transferring TAFSReceiving TAFS**

**(i.e. 20X8042, 20X8004, 20X8005, 20X8006, 20X8007)     (i.e. 16-0165, 16-0172, 16-0200, 28-8704)**

**PRE-CLOSING ADJUSTED TRIAL BALANCE YEAR 2**

**Fiscal ServiceAGENCY**

**Transferring TAFSReceiving TAFS**

**(i.e. 20X8042, 20X8004, 20X8005, 20X8006, 20X8007)     (i.e. 16-0165, 16-0172, 16-0200, 28-8704)**

**Closing Entries**

**7. To reclassify the reduction.  (TC F250, F249)**

8. **In the Transferring TAFS, close appropriation to total actual resources collected.  (TC F204)   In both TAFS, close revenue and financing sources transferred to cumulative results of operations. (TC F228)**

9. **To record the closing of unobligated balances in programs subject to apportionment to unapportioned authority. (TC F210)**

**Transferring TAFSReceiving TAFS**

**(i.e. 20X8042, 20X8004, 20X8005, 20X8006, 20X8007)     (i.e. 16-0165, 16-0172, 16-0200, 28-8704)**

**YEAR 2:  POST-CLOSING TRIAL BALANCES**

**YEAR 2:  USSGL 2108: Yearend Closing Statement**

**Transferring TAFSReceiving TAFS**

**Column 5**1010

**Column 6**161022,000

**Column 7**422513,200

**Column 9**480113,000

**Column 10**490112,200

**Column 11**4382, 4610, 46208,800     200

**FACTS II Edit Check:  Columns 5+6+7+8=9+10+11**

**Year 2:  SF 133: Report on Budget Execution and Budgetary Resources**

**Transferring TAFSReceiving TAFS**

1A . Budg Auth: Appr Rec’d (4114E, 4384E-B)12,500   300

2A.Unob Bal: Beg of Pd (4201B, 4225B, 4384B, 4801B, 4901B)  4,000       0

3D2.SPOC: Transfers from Trust Funds: Antic (4225E-B)7,700

5.Temporarily Not Avail Pursuant to Public Law (-) (4382E)   (300) 

7.Total Budgetary Resources16,2007,700

8.Obligations Incurred (4801E-B, 4901E-B)7,7007,500

9A1.Balance, Currently Available (4610E)   200

9B.Unobligated Balance: Exempt from Apport (4620E)8,500

11.Total Status of Budgetary Resources16,2007,700

### Relationship of Obligations to Outlays

12.  Obligated Balance, Net, Beginning of Pd (4225B, 4801B, 4901B)   5,500           0

14.  Obligated Balance, Net, End of Period:

     A.  Accounts receivable (-) (4225E)(13,200

     C.  Undelivered Orders (+) (4801E)    13,000

     D.  Accounts Payable (+) (4901E)13,200

15.  Outlays:

A.  Disbursements (+) (4902E)         0          0

     B.  Collections (-) (4255E)         0          0

     C.  Subtotal (calculation 15A..15B)         0          0

**Year 2: Program and Financing Schedule (P&F)**

**Transferring TAFSReceiving TAFS**

# Obligations by Program Activity

1000Total new obligations (+) (4801E-B, 4901E-B)7,7007,500

# Budgetary Resources Available for Obligation

2140Unobligated balance CF, start of yr (+) (4201B, 4384B, 4801B, 4901B)  4,000       0

2200New budget authority (gross) (sum 4000 to 6990)12,2007,700

2395Total new obligations (-) (same as line 1000, opp sign)(7,700)(7,500)

2440Unob bal CF, end of yr (+) (4610E, 4620E) 8,500    200

# New Budgetary Authority (Gross), Detail

4026Appropriation (trust fund) (+) (4114E, 4384E-B)12,200       0

### 4037Appropriation temporarily reduced (-) (4382E)   (300)

### 6810Change in uncoll cust payments from Federal sources (unexpired) (4225E-B)7,700

### 7000Total new budget authority (gross) (-) (sum 4000 through 6990)12,2007,700

### Change in Obligated Balances

7240Obligated balance, start of year (+) (4225B, 4801B, 4901B)  5,500       0

7310Total new obligations (+) (line 1000)  7,7007,500

7400Change in uncoll cust pyts for Fed sources (unexp) (same as 6810, opp sign)(7,700)

7440Obligated balance, end of year (+) (4225E, 4801E, 4901E)13,200   (200)

**NET BUDGET AUTHORITY AND OUTLAYS**

8900Budget authority (net) (+)  Calc (same as sum 2200 - (8800..8845, 8895, 8896))12,2007,700

9000Outlays (net) (+)  Calc (same as sum (8690..8698) - (8800..8845))

# Memorandum (NON-ADD) Entries

9201Total invest, start of year: Fed secs: PV (+) (1610B)10,000

9202Total invest, end of year: Fed secs: PV (+) (1610E)22,000

9502Unpaid obligations, end of year (4801E, 4901E)5,5005,500

� Note:  OMB Form and Content Statements are not included in this scenario.

� For purposes of this scenario, budget authority is to be classified as discretionary. 

� For purposes of this scenario, budget authority is to be classified as discretionary. 

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                 1                                                                                         Original date:  9/29/03

Revised 5/18/06; Follows TFM S2 05-02, 2005 Crosswalks