Revenues been given by companies need to be break up into various coding blocks. The occupational license charges are deposited towards the coding block(s) at present in use. the extra part relating to membership service fees is deposited to the recently set up appropriation(s) utilizing the new PCA(s).
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This also relates to institutions of better schooling with authority to get and retain online processing expenses exterior the point out treasury. For enable recording generic transactions, Get in touch with your company’s money reporting analyst.
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companies should consider any automatic selection techniques (such as Lockbox and Texas.gov) applied to separate deposits. exclusive coding blocks might be needed to make sure the portion that may be membership rate and/or on line processing charge is segregated.
Enter vouchers manually in CAPPS accounts payable for on-line processing service fees associated with Value recovery costs billed separately from DIR. Use an everyday voucher fashion, make the voucher payable to DIR, use a payment type of transfer fund (T) and enter a recurring transaction index (RTI) range on the CAPPS voucher line part.
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to the reversal of transaction charges, credit card expenses and various expenses related to acquiring payments
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