Finding Text
Criteria: Reporting. The accounts used to record expenditure 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 reports. Questioned Costs: No questioned costs. Context: Tied out all the expenditure account numbers to the general ledger versus the 6/30/22 expenditure reports. Noted that the expenditures were recorded in 1000-100 in the general ledger but were reported in 2210-100 on the expenditure report. Also noted that 1000-300 in the general ledger was reported in 2210-300 on the expenditure report and 1000-400 in the general ledger was reported as 2110-400 on the expenditure report. Effect: The expenditures were not recorded/reported consistently between the two reports. Cause: A coding error was made when entering the expenditure into the general ledger. Recommendation: We recommend reviewing the general ledger to the expenditure reports before submitting for more accurate reporting. Management response: The District will review the general ledger to the expenditure reports before submitting.