Enterprise Computing Center (ECC) Refund and Oil Spill Refund

This subsection describes the journals used to record ECC and Oil Spill Unconfirmed Refunds.

This table describes the steps required to complete journals 506, 512, 513, and 514.

Step

Prompt

Description / Action

Select or Enter

RACS Main Menu

Highlight/select Disbursement.

Apply

Disbursement Control Main Menu

Record

Select ECC Refund or Oil Spill Refund.

Tab or Apply

Account Period

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

Apply

RACS Intermediate Menu

Highlight/select CADE, BMF or IMF(required for ECC Refund only).

Apply

Maintain Source Journal

Schedule #

Enter the Schedule Number assigned to the refund.

Tab Key

Prepare Date

Enter the date in MM-DD-YYYY format. When you have filled the field, the prompt moves automatically to the Total Amount field.

Total Amount

Enter the Total Amount of the refund.

Tab Key

Cycle

Select the cycle (required for ECC Refund only)

Tab Key

Items

Enter the total Items.

Enter or Add button

Maintain Journal Entry

Select 20X0903 Principal or 20X0904 Interest.

Highlight and tab

Amount

Enter the amount associated with the selected IRS account.

OK Button

Repeat if the second account has an amount, or select...

Cancel Button

Maintain Source Journal

Review input data. If correct, select...

OK Button

If information is not correct...

Edit or Delete Button