|Bulletin Number:||A-343 R1|
|Date Issued:||6/28/94||Date Last Updated:||10/18/1999|
|Bulletin Name:||Prior Year Obligations Charged to Current Year Appropriations|
This bulletin outlines procedures to follow when charging prior year obligations to current year funds, as authorized in the following.
State Finance Law Section 404(4) by Chapter 389 of the Laws of 1997:
In order to assist agencies in monitoring these prior year charges, OSC provides agencies with a monthly expenditure report (Prior Fiscal Year Obligations Charged to Current Year - BUD200), which lists all prior year charges with the letter 'P' entered in any of the three positions of the Statewide Accumulator field. The report is cumulative fiscal year-to-date and groups charges by charge agency, fund, segregation attributes, cost center and process date. Totals are given for segregations, appropriations, funds, agencies and departments.
|Questions:||Direct questions on this bulletin to the Accounting Information Center at (518) 473-1170.|