Informant Rewards

The journals in this subsection are used to input the applications for Informant Rewards.

The following is a list of documents used to confirm transfers:

Memorandum from chief examination to chief quality assurance and management support, requesting funds transfer to 20X5433.1.

Review documents for the proper information needed before going to the terminal for data input.

These are the valid accounts for Informant Rewards.

Account Number

DR/CR

Account Name

To Set Up Informant Reward (journal #495)

6900

Debit

Adj & Reclass Rev Receipts

4755

Credit

Informant Reward

Reclass

2110

Credit

Withholding Revenue Receipts (20-0101)

2120

Credit

Individual Income Revenue Receipts (20-0110)

2130

Credit

Corporation Revenue Receipts (20-0111)

2140

Credit

Excise Revenue Receipts (20-0152)

2150

Credit

Estate & Gift Revenue Receipts (20-0153)

2170

Credit

CTA Revenue Receipts (20-0130)

2180

Credit

FUTA Revenue Receipts (20-0121)

7004

Debit

Informant Reward receipt

To Offset Informant Reward (journal #496)

4755

Debit

Informant Reward

4120

Credit

SPC Suspense, BMF

4220

Credit

SPC Suspense, IMF

4420

Credit

SPC Suspense, NMF

6900

Credit

Adj & Reclass Rev Receipts

Reclass

2110

Debit

Withholding Revenue Receipts (20-0101)

2120

Debit

Individual Income Revenue Receipts (20-0110)

2130

Debit

Corporation Revenue Receipts (20-0111)

2140

Debit

Excise Revenue Receipts (20-0152)

2150

Debit

Estate & Gift Revenue Receipts (20-0153)

2170

Debit

CTA Revenue Receipts (20-0130)

2180

Debit

FUTA Revenue Receipts (20-0121)

7004

Credit

Informant Reward

This table describes the steps required to complete journal numbers 495 and 496.

Step

Prompt

Description / Action

Select or Enter

RACS Main Menu

Select Accounting Application.

Apply

Accounting Application Main Menu

Record

Select Informant Reward or Informant Reward Offset.

Tab or Apply

Account Period

Accept the highlighted current month or select the future month. From the Action Bar select...

Apply

Maintain Source Journal

Case Number

Enter the number assigned to the informant reward.

Tab Key

Prepare Date

Enter the date in MM-DD-YYYY format.

Enter or Add Button

Maintain Journal Entry

Amount

Enter the amount associated with the selected IRS account.

OK Button

Review input data. If correct, select...

OK Button

If information is not correct...

Edit or Delete Button

Maintain Source Journal

Repeat if there is another case with money, or select...

Cancel Button

In all cases, continue with:

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