Finding Text
Criteria: Reporting. The accounts used to record expenditures on the quarterly expenditure reports should match the general ledger accounts when the expenditures are recorded. Condition: It was noted that there was an inconsistency when comparing the general ledger to what was reported on the expenditure report. Questioned Costs: No questioned costs. Context: Tied out all the expenditure account numbers in the general ledger versus the 6/30/23 expenditure reports. Noted that the Preschool expenditures were recorded in 2210-300 in the general ledger but were reported in 4000-300 on the expenditure report; for IDEA expenditures recorded in 1220-300 in the general ledger were reported in 2130-300 on the expenditure report, that 1210-100 in the general ledger were reported as 3700-100 on the expenditure report, that 1210-200 in the general eldger were reported in 3700-200 on the expenditure report and that 2210-300 in the general ledger was reported in 4000-300 on the expenditure report; for ARP IDEA expenditure reports recorded in 1220-400 in the general ledger were reported as 3700-400 on the expenditure report and 2210-300 in the general ledger were reported as 4000-300 on the expenditure report. Effect: The expenditure e not recorded/reported consistently between the two reports. Cause: A coding error was made when entering the expenditures into the the general ledger. Recommendation: We recommend reviewing the general ledger to the expenditure reports before submitting for more accurate reporting. Management's response: The District will review the general ledger to the expediture reports before submitting.