These journals are used to record unreconciled amounts related to Disbursement Transactions received from FMS.
The journal numbers are in the 2XX series.
Following are the valid accounts for the journal voucher entries (increase and decrease).
Account Number
DR/CR
Account Name
JVINC 20F3880 (journal #236)
2410
Debit
Refund Repay Principal (20X0903)
4810
Debit
Liability Budget Clearing
4810
Credit
Liability Budget Clearing (20F3880)
4970
Credit
Unapplied Refund Reversals
JVDEC 20F3880 (journal #239)
4810
Debit
Liability Budget Clearing (20F3880)
4970
Debit
Unapplied Refund Reversals
2410
Credit
Refund Repay Principal (20X0903)
4810
Credit
Liability Budget Clearing (20F3880)
This table describes the steps required to complete journal numbers 236 and 239.
Step
Prompt
Description/Action
Select or Enter
RACS Main Menu
Highlight/select Agency Transfer.
Apply
Agency Transfer Control Main Menu
Record
Select JVINC or JVDEC.
Apply
Account Period
Accept the highlighted current month or select the future month. From the Action Bar select...
Apply
RRACS Intermediate Menu
Select needed Treasury Account Symbol.
Apply
Maintain Source Journal
Document #
Enter the Document number.
Add Button
Maintain Journal Entry
Amount
Enter the amount associated with the selected IRS account.
Enter or OK Button
Maintain Source Journal
Review input data. If correct, select...
OK Button
If information is not correct...
Edit or Delete Button
Maintain Transaction Journal
Message
Select Message to enter up to 256 characters of audit trail information.
OK Button
Post
Review input data. If correct...
Post Button
