Miscellaneous Adjustments

Discuss questions around local unit policies for budgeting, reconciling, etc. This forum should not contain specific financial or membership information.
jmlovstedt
New Member
Posts: 4
Joined: Sun Dec 29, 2013 11:28 pm

Miscellaneous Adjustments

Postby jmlovstedt » Wed Apr 02, 2014 9:59 am

In the Budget Allowance Summary Report under Budget Balances, there is a line called Miscellaneous Adjustments. What kinds of items would show up under this caption?

User avatar
aebrown
Community Administrator
Posts: 14693
Joined: Tue Nov 27, 2007 8:48 pm
Location: Sandy, Utah

Re: Miscellaneous Adjustments

Postby aebrown » Wed Apr 02, 2014 10:17 am

jmlovstedt wrote:In the Budget Allowance Summary Report under Budget Balances, there is a line called Miscellaneous Adjustments. What kinds of items would show up under this caption?

This line reflects activity in the Budget:Budget Allocations subcategory, outside the regular quarterly allocations (which show up on the quarterly allocation lines just above it). For a ward, this could be the deposit of a budget allocation check sent from the stake, or it could be a check written against that category sent to the stake to remit surplus budget funds.


Return to “Local Unit Finance”

Who is online

Users browsing this forum: No registered users and 1 guest