Autos and Autos Reports Organization Based Bookkeeping Frameworks - PowerPoint PPT Presentation

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Autos and Autos Reports Organization Based Bookkeeping Frameworks

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  1. CARS and CARS ReportsAgency-Based Accounting Systems

  2. The Commonwealth Accountingand Reporting System (CARS) • CARS is an online, interactive system. • CARS serves as the official accounting record of the Commonwealth of Virginia. • CARS software runs on equipment operated by the Virginia Information Technology Agency (VITA). General Accounting

  3. CARS Files • CARS maintains “financial files” for specific reporting needs (posting controlled by Transaction Code): • Fund Ledger File – all transactions • Appropriation File – all appropriation, allotment, and expenditure transactions • Cash Control File – all cash transactions • Operating File – all transactions that post to an operating GLA and a few additional GLAs (such as deferred revenue) • Document File – all deposit certificate and travel advance transactions • Vendor Payment File – all check and EDI payments General Accounting

  4. Online CARS Functions • Table maintenance and inquiry • Financial data entry • Error correction for transactions that do not pass batch processing edits • Batch tracking • Financial inquiry for balances and transactions • Standard report request submission • News broadcast General Accounting

  5. Table Maintenance and Inquiry • CARS is a table-driven system. The purpose of the table maintenance/inquiry sub-system is to provide timely means of updating or inquiring upon system tables (see CAPP Topic 60112). • Updating of tables occurs on-line, real-time, allowing for immediate use of new codes • You may update organizational structure codes, project codes (except capital outlay), cost codes, and vendor edit table. General Accounting

  6. Financial Data Entry • You can enter accounting transactions online. • Online transactions go through many of the CARS edits as they are entered. • Online transactions do not post until the nightly CARS edit/update process. • You can change or delete online transactions until the nightly edit/update begins (6:00 PM). General Accounting

  7. Error Correction • Transactions that do not pass all CARS edits go to the Error Suspense File. • Agencies should check Error Suspense and send error corrections to General Accounting daily. • Email to gacct@doa.virginia.gov • Only DOA can enter error corrections. • Error corrections are applied to transactions during the next edit/update, and then the transactions are re-edited. General Accounting

  8. Online Batch Tracking • Agencies should check the status of submitted batches daily. • “View Batch Headers” (Function 42) shows all batches that have not processed through an edit update. • “Display Batch System Status” (Function 46) shows all batches that have not been purged from the batch status file (≈ 90 days). General Accounting

  9. Online Financial Inquiry • Inquiry is available for appropriation file, cash control file, document file, and vendor payment file. • These files contain transactions that have posted to history through the last edit/update. General Accounting

  10. Appropriation File Inquiry General Accounting

  11. Appropriation File Inquiry • Columns contain YTD amounts • Balances will agree to ACTR1408 report • Net Appropriations = Appropriations (GLA 900) • Allotments = Allotments (GLA 102) • Expenditures = Expenditures (GLA 901) – Expenditure Refunds (GLA 902) • Watch balances when 2 months are open in CARS – Current month is the most recently opened month, prior month is the month that will close within the next two weeks. General Accounting

  12. Cash Control Inquiry General Accounting

  13. Cash Control Inquiry • Columns contain YTD amounts • Balance will agree to Cash with Treasurer on ACTR0402 report • Beginning Balance = Balance at July 1 • Transfers = ATV/IAT transactions (not Transfer GLA balances) • Cash Balance = Balance as of last edit update • Posting to different categories is based upon the transaction code General Accounting

  14. Document File andVendor Payment File Inquiry • Document file inquiry (Function 63) allows viewing of deposit certificate amounts and GLA 105 – Travel Advances. • Vendor Payment File inquiry (Functions 65 and 66) allows viewing of payment transactions that are pending (awaiting due date) and payments that have been made in the last 90 days. General Accounting

  15. Standard Report Requestand News Broadcast • DOA uses the Standard Report Request Function to control production of ACTR reports. • The CARS News Broadcast screen is used by DOA to provide important information to the agencies. Someone should be assigned the task of reviewing this screen at least daily. General Accounting

  16. CAPP Manual Section No. 70200 • Logon, logoff, and function keys • Master Menu functions • Reference guide for terminal use • Online error codes and messages • Data element names and definitions • System security • Reports (request hard copy of exhibit from Electronic Publishing Unit) • Sources for help General Accounting

  17. CARS Reports – CAPP Topic 70260 • Over 150 reports generated • Statewide or selected agency data reported • Weekly, monthly, quarterly, annually, and “special request” • Report “options” control the level of detail and reporting period • About 70 reports targeted for agency fiscal management • Others for Governor, General Assembly, DOA, DPB General Accounting

  18. CARS Report Numbers • “ACTR” or “ACTB” and 4-digit number • 0100-0899 System and Accounting Control • 0900 CARS Table Listings • 1000 Fund Ledgers • 1300 Document and Disbursement • 1400 Expenditure • 1500 FIPS and Locality Reporting • 1600 Revenues & Cash Deposits (DCs) • 2200 Projects • 3000 IRS Forms 1099 General Accounting

  19. Report Frequency • Daily (DOA, CDS, VRS) • Weekly • Monthly (Month-End and Form 1099 Reports) • Quarterly • Annual (Year-End and 1099 Year-End Reports) • Special (General Assembly, Nov-Jan only) • DOA’s Reports Distribution Management System • delivers CARS reports electronically or routes them • to the printers you designate. General Accounting

  20. CARS Report Delivery Options • Your agency may receive CARS reports via one of the following options: • REPORTLINE – DOA web application for report distribution and viewing • Remote Print – DOA sends reports to printer at your agency for printing • Disk – DOA writes reports to disk dataset • DOA has eliminated the printing of reports for agencies. General Accounting

  21. Standard Reports • All agencies must receive certain weekly and monthly reports. • Weekly reports run at close of business on Friday evening except for the Friday immediately preceding a month end close. In that case weekly reports run the same day as monthly reports. Data may cross fiscal periods. • Monthly reportsrun on closing date for each fiscal month. Month end close schedule is available on DOA’s website. Data usually pertain to the previous fiscal month only. General Accounting

  22. Weekly Standard Reports • Transactions Posted in CARS • Transactions Not Posted in CARS • Trial Balance by Agency/Fund Detail/GLA • Trial Balance by Agency/Fund Detail/Project/GLA • Potential Fixed Assets • Checks Written • Appropriations, Allotments, and Expenditures – Operating • Appropriations, Allotments, and Expenditures – Non‑Operating (Capital Projects) General Accounting

  23. Monthly Standard Reports • Fund Ledger Account Analysis by Agency/Fund Detail (your “General Ledger”) • Online Batch Listing • Trial Balance by Agency/Fund Detail/GLA • Trial Balance Agency/Fund Detail/Project/GLA • Checks To Be Written (pending due date) • Document File Report by Agency/GLA • Appropriations, Allotments, and Expenditures – Operating and Non-Operating General Accounting

  24. Monthly Standard Reports (cont’d.) • Expenditure Details by Program/Fund • Reportable Employee Meals • Agency Operating Plans and Expenditures by Program • Agency Operating Plans and Expenditures by Project • Revenue Transaction Detail by Source • Deposit Verification Report • Revenue Detail Report General Accounting

  25. DOA Contacts General Accounting

  26. Automated CARS Input/Output • CARS accounting transactions may originate in an agency-based, automated accounting system. • CARS reads disk datasets at VITA nightly to record accounting transactions created by agency-based accounting systems. • You can obtain accounting and check data from CARS extract programs on disk dataset at VITA. • You can extract CARS data through the Financial Information Downloading System (FINDS) to your PC. General Accounting

  27. State Accounting Systems • CARS is the Commonwealth’s official accounting system. • The Commonwealth Integrated Payroll/Personnel System (CIPPS) and Fixed Asset Accounting and Control System (FAACS) produce official state accounting records for agencies that use them as they are centrally operated and maintained by DOA. General Accounting

  28. State Accounting Systems • State law requires all agency-based accounting systems to be: • Approved by the Comptroller. • Capable of reconciling to CARS. • Designed to interface electronically or through magnetic media with CARS, if directed by the Comptroller. General Accounting

  29. Agency-Based Systems Design • Agencies authorized by the Comptroller to use alternate systems for fixed asset accounting (that is, "summary user“ systems) must ensure these systems are designed so that they can be reconciled to and (if directed by the Comptroller) interface electronically or through magnetic media with DOA systems. General Accounting

  30. Agency-Based Systems Policy • Agencies must ensure that: • Their automated accounting systems are fully reconciled to DOA records on a timely basis. • Timely corrections and adjustments are made to agency or DOA records as a result of these reconciliations. General Accounting

  31. Related Factors • Agency-based accounting systems that interface electronically with central automated accounting systems must comply with VITA requirements. • Agencies must consider relative costs and benefits of agency-based accounting systems and ensure that investments are prudent and economical. General Accounting

  32. Code of Virginia § 2.2-803 (D) • Empowers DOA to prohibit an agency-based accounting system that fails to support statutory requirements for: • Statewide, unified financial accounting and control. • Maintenance of modern, effective, and uniform system of accounting for the Commonwealth. General Accounting

  33. Reconciliation Requirements • CAPP 20905 – CARS Reconciliation Requirements • CAPP 50905 – CIPPS Monthly Reconciliation • CAPP 50910 – CIPPS Quarterly Reconciliation and Certification • CAPP 50915 – CIPPS Calendar YE Reconciliation and Certification • Where called for in the Appropriation Act, or other • statue or regulation, some agencies with • agency-based automated accounting systems • must prepare additional reconciliations at the • subprogram and project levels. General Accounting

  34. Agency Systems Planning • Keep DOA informed of plans for agency-based automated accounting systems. • Consult with DOA general accounting, fixed assets, payroll, and technical specialists. • Provide copies of post-implementation reviews and evaluation reports on agency-based accounting systems. General Accounting

  35. References • CAPP Manual Section • 70200, CARS – All Topics • 20905, CARS Reconciliation Requirements • 50905, Monthly Reconciliation • 50910, Quarterly Reconciliation and Certification • 50915, Calendar Year-End Reconciliation and Certification • 60112, Table Maintenance General Accounting

  36. Contacts • gacct@doa.virginia.gov • 804-225-2376 – voice • 804-225-4250 – facsimile • U. S. Mail: • General Accounting • Virginia Department of Accounts • P. O. Box 1971 • Richmond, VA 23218-1971 General Accounting