Finding Text
Criteria - Reporting - The accounts used to record expenditures on the quarterly expenditure reports should match the general ledger accounts where 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: None Context: Tied out all the expenditures account numbers in the general ledger versus the expenditure reports for the 6/30/22 expenditure report. Noted that the expenditures in the amount of $1,082 were recorded in 2120-200 in the general ledger but they were reported in the 1000-200 in the expenditure report. Effect: The expenditures were not recorded/reported consistently between the two reports. Cause: A clerical error was made when entering the expenditure report and there was not a procedure requiring a second individual to agree the amounts on the expenditure reports to the general ledger. Recommendation: We recommend reviewing the general ledger to the expenditure report before submitting to review for accuracy. Management response: The District will review the general ledger to the expenditure report before submitting.