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TAKE CHARGE OF YOUR ACCOUNTS

TAKE CHARGE OF YOUR ACCOUNTS. October 13, 2010. FINANCE OCTOBER UPDATES. Office Depot Catalog uploaded in CIMS - New lower pricing - New items - Catalogs – 272-808 Education 218-106 Classroom Group Travel Bid Spirit Wear and Promotional Bid.

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TAKE CHARGE OF YOUR ACCOUNTS

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  1. TAKE CHARGE OF YOUR ACCOUNTS October 13, 2010

  2. FINANCE OCTOBER UPDATES • Office Depot Catalog uploaded in CIMS - New lower pricing - New items - Catalogs – 272-808 Education 218-106 Classroom • Group Travel Bid • Spirit Wear and Promotional Bid

  3. CORRECT CODING WHAT’S THE BIG DEAL!! • District is accountable to TEA • Required by TEA to follow standard fiscal accounting system • Annual fiscal information provided by district to TEA through PEIMS (Public Education Information Management System)

  4. FINANCIAL TRANSPARENCY

  5. ACCOUNTS WE KNOW OPERATIONAL 199.11.6399 Classroom Instruction Classroom Technology 199.19.6399 Administration/Front Office 199.23.6399 199.12.6399 Library Needs 199.31.6399 Counseling Needs 199.33.6399 Nurses Needs 199.51.6319 Building Needs

  6. CONTROL ACCOUNTS Budget is in the control account (CA) Expense is in the basic account (BA) 199.11.6494.000.xxx.1.99.000 (CA) 199.11.6494.000.xxx.1.11.000 (BA) The (BA) will not show on budget report if there are no expenses

  7. CONTROL ACCOUNTS

  8. BASIC ACCOUNT TIED TO A CONTROL ACCOUNT

  9. BASIC ACCOUNT TIED TO A CONTROL ACCOUNT

  10. BUDGET ACCOUNTS

  11. BUDGET ACCOUNTS

  12. ACCOUNTS WE KINDA KNOW • Misc. Contracted Services • 199.51.6299.000.XXX.1.99.000 • Pay to add computer drops • What about cable & wiring? • Copier Rental • 199.11.6269.000.xxx.1.11.000 • Covers yearly rental fee • Plus additional funds to help pay for overages • Scholastic Competition • 199.36.6499.017.XXX.1.11.000 • Pay competition fees • Can I transfer out of this account?? Supplies 199.11.6399.006.XXX.1.21.000 199.11.6399.006.XXX.1.24.000 199.11.6399.006.XXX.1.25.000 21=Gifted & Talented 24=At Risk 25=Bilingual/ESL • Supplies • 199.11.6399.000.XXX.1.21.000 • 199.11.6399.000.XXX.1.24.000 • 199.11.6399.000.XXX.1.25.000 • Program Intent tells us what student we serve • Supplies • 199.11.6399.006.XXX.1.11.000 • 199.11.6399.006.XXX.1.21.000 • 199.11.6399.017.XXX.1.11.000 • Sub-Object tells us funded by Department • Equipment Maintenance & Repair • 199.23.6249.001.XXX.1.99.000 • Repair front office equip. • What about appliances?? Campus or Other District Accounts

  13. OH, THAT FUNCTION 36!!! To be used for extracurricular activities; students are involved Travel: 6411-teacher 6412-student 6419-non-employee No funds in Travel: Complete a budget transfer in CIMS Travel accounts pay for: Transportation, meals, room, registration fees

  14. ACCOUNTS WE DON’T KNOW Payroll • Sub Authorization Codes • One code = one day @ $85/day or $63/day • Extra Duty Accounts • Medicare, TRS, Withholding, Health Insurance for special revenue funding

  15. Gold Sheets-Time Sheets • Purpose – Pre-authorization and rate of pay for extra duty • Gold sheets are used for professional staff only • Time sheet needs to accompany gold sheet • Send to Barbara Bullock in Finance by 10th of month

  16. PAYROLL ACCOUNTS • Appropriate payroll account number should always be object 6100 : • 199.xx.6118.xxx.xxx. 1.xx.xxx • Legibly complete all fields on form: • Employee name & SS#(not employee ID) • Rate of Pay • Estimated # of hours • Job description • Signature of department head

  17. WHERE DOES THE BUDGET FOR EXTRA DUTY COME FROM?? • Department Allocations • Special Revenues • Campus Activity • Academic Initiatives

  18. OTHER FUNDS Advanced Placement (397) • Funds from TEA • Funds used for classroom needs, teacher training • Unspent funds DO roll forward Education Foundation (484) • Application process • Items must be purchased when grant is awarded • Unspent funds DO NOT roll forward

  19. MOST COMMON CHALLENGES Object 6499 or 6411 Function 11,13 or 23 Object 6495 Function 11 or 36 Object 6299

  20. MOST COMMON CHALLENGES 9XX.23.6399 199.51.6319 9XX.23.6399 9XX.11.6499 199.11.6399 199.11.6399 199.33.6399 199.51.6299 199.23.6399 Campus Operational Clinic Couch Laminator Student Agendas Snacks for tutorials Holiday Cards Add’l Built-in Cabinets Silk plants Computer Drop Conference Table (admin)

  21. TAKE CHARGE • Review monthly budget reports • Ask questions • Check account balances in CIMS • Don’t overspend • Cover deficits including department budgeted accounts • Attend trainings

  22. DELAYED POSTINGS • Field Trips • Petty Cash • Postage • Copy Center in CIMS • Credits or Returns • Payment Transfer Request Form • Payroll

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