APPENDIX K. INSURANCE GENERAL LEDGER ACCOUNT DESCRIPTION
Appendix K contains the general ledger account descriptions of the VA veterans insurance accounting system.
The account descriptions indicate the title and type of account, purpose and entries representing the most common types of transactions. In the event it is necessary to make an entry which is not prescribed, the Chief, Accounting Section, shall record such transaction in a manner consistent with sound judgment and accounting practices, and in accord with the general principles outlined herein.
In order to avoid repetition of the numerous disbursing accounts to which a voucher may be charged, these accounts are referred to by The abbreviation ADA (applicable disbursing accounts). The same method is used in referring to numerous income accounts using the abbreviation AIA (applicable income or repayment accounts).
All insurance general ledger accounts will be maintained on an ADP tape system. The instructions on the preparation of input to maintain the accounts on tape are contained in MP6, part II, supplement No. 3.2. Only the general ledger and related analytical accounts as prescribed in this appendix will be used to maintain the system on tape. Subsequent changes to existing accounts or the addition of new accounts will be effected by issuance of changes to this appendix.
The twodigit code ( (01), (02), etc.) following some general ledger account titles, is the ADP account number. This is a code assigned to identify insurance inforce accounting transactions and is used on all systems inputs in lieu of the regular general ledger account number. The twodigit code is converted to the regular account number on all accounting outputs processed by the ADP system.
8_1012.00 DISBURSING AUTHORITY
This is a debit balance (asset) account maintained by insurance fund or appropriation to show the amount of funds available for disbursement or transfer. Transfers of disbursing authority between stations will be posted to the basic account. Receipt and disbursement transactions will be posted to the following analytical accounts:
1012.01 Receipts
1012.11 Receipts-Treasury Certificates Interest (Central Office only)
1012.21 Receipts-Government Agency Bond Interest (Central Office only)
1012.31 Receipts-Participation Certificate Interest (Central Office only)
1012.41 Receipts-Treasury Certificate Redemption (Central Office only)
1012.51 Receipts-Government Agency Bond Redemption (Central Office only)
1012.61 Receipts-Participation Certificate Redemption (Central Office only)
1012.71 Receipts-Non-Government Agency Bond Interest (Central Office only)
1012.81 Receipts-Non-Government Agency Bond Redemption (Central Office only)
1012.02 Receipts-Reimbursable and Statutory Transfers
1012.03 Disbursements and Collections Processed as Repayments
1012.13 Disbursements-Treasury Certificate Investment (Central Office only)
1012.23 Disbursements-Government Agency Bond Investment (Central Office only)
1012.33 Disbursements-Participation Certificates Investment (Central Office only)
1012.43 Disbursements-Non-Government Agency Bond Investment (Central Office only)
Debits Credits:
a. Disbursing authority a. Disbursing authority
received which is available for withdrawn.
disbursement. Contra to 8_6032.00.
Contra to 8_6032.00. .
8_1012.00 DISBURSING AUTHORITY-Continued
Debits: Credits:
b. Proceeds of canceled checks b. Disbursements scheduled to Treasury
(analytical account 8_1012.03) (analytical account 8 1012.03).
Contra to accounts debited at time Contra to ADA.
disbursement was scheduled.
c. Amounts of collections deposited c. Amounts of uncollectible checks
with local disbursing office (analytical account 8_1012.01).
(analytical account 8_1012.01).
Contra to 8_3569.00, 8_3569.01, Contra to 8_3569.00, 8_3569.01 or
8_3569.05, 8_3569.08 or appropriate appropriate collection accounts.
cash collection accounts.
d. Advice received from Treasury that d. Reversal of net disbursements in
checks have been treated as canceled or transit (analytical account 8_1012.03).
amounts recovered by Treasury for
improperly negotiated checks
(analytical account 8_1012.03).
Contra to 8_1216.20. Contra to 8_2038.00.
e. Proceeds of undelivered checks e. Amounts of checks previously
deposited (analytical account deposited as undeliverable reauthorized
8_1012.03). for payment (analytical account
8_1012.03).
Contra to 8_2025.00, 8_2025.10. Contra to 8_2025.00.
f. Net disbursements in transit f. Net collections in transit
(analytical account 8_1012.03). (analytical account 8_1012.01).
Contra to 8_2038.00. Contra to 8_1036.00, 8_1037.00.
g. Reversal of net collections in g. Collections reclassified as
transit (analytical account 8_1012.01). repayments (analytical account
8_1012.01).
Contra to 8_1036.00, 8_1037.00. Contra to 8_3569.10.
h. Amounts of collections received from h. Amount of bond premium classified as
other stations (analytical account charges at time of bond investment
8_1012.01). (analytical account 8_1012.03).
Contra to 8_6026.00. Contra to 8_4667.00.
i. Collections reclassified as i. Amount of bond discount classified
repayments (analytical account as income at time of bond redemption
8_1012.03). (analytical account 8_1012.03).
Contra to 8_3569.11. Contra to 8_4667.00.
j. Amounts of bond discount classified j. Amount of bond premium classified as
as charges at time of bond investment income at time of bond redemption
(analytical account 8_1012.03). (analytical account 8_1012.21).
Contra to 8_4667.00.
Contra to 8_3233.00.
k. Amounts of bond premium classified .
as income at time of bond redemption
(analytical account 8_1012.03).
Contra to 8_4667.00. .
.
1. Amount of bond discount classified .
as income at time of bond redemption
(analytical account 8_1012.21).
Contra to 8_3233.00.
8_1025.00 INVESTMENTS-TREASURY CERTIFICATES
This is a debit balance (asset) account maintained by fund to show amount invested in Treasury Certificates. (Central Office only.)
Debits: Credits:
a. Amount of certificates purchased. a. Amount of certificates redeemed.
Contra to 8_1012.13. Contra to 8_1012.41.
8_1036.00 COLLECTIONS IN TRANSIT
This is a debit balance (asset) account maintained for insurance revolving funds to show the amount of collections accomplished on expenditure documents; e.g., voucher deduction, SF 1081's, etc., not confirmed by regional disbursing offices at the end of the month. Entries to this account will be reversed at the beginning of the following month.
Debits: Credits:
a. Deposits in transit at end of month. a. Reversal of deposits in transit.
Contra to 8_1012.01. Contra to 8_1012.01.
8_1037.00 AVAILABLE RECEIPTS IN TRANSIT
This is a debit balance (asset) account maintained by insurance fund or appropriation to show amount of available receipts accomplished on expenditure documents; e.g., voucher deductions, SF 1081's, etc., not confirmed by regional disbursing offices at the end of the month. Entries to this account will be reversed at the beginning of the following month.
Debits: Credits:
a. Available receipts in transit at end a. Reversal of available receipts in
of month. transit.
Contra to 8_1012.01, 8_1012.02. Contra to 8_1012.01, 8_1012.02.
841038.00 APPROPRIATION REIMBURSEMENTS IN TRANSIT
This is a debit balance (asset) account maintained for the Veterans Insurance and Indemnities Appropriation to show the net amount of appropriation reimbursements not accomplished by disbursing offices at the end of the month. Entries to this account will be reversed at the beginning of the following month.
Debits: Credits:
a. Appropriation reimbursements in a. Reversing entry.
transit at the end of
the month. Contra to 8_1012.03. Contra to 8_1012.03.
8_1142.00 POLICY LOANS-BASIC ACCOUNT (01)
This is a debit balance (asset) account maintained to show amount of policy loans brought forward from prior fiscal years. Adjusted by amount of interoffice transfers of policy loans during current fiscal year.
Debits: Credits:
a. Amount of policy loans received from a. Amount of policy loans transferred to
other stations. Contra to 8_6122.00. other stations. Contra to 8_6112.00.
b. Adjustment for increase in loan b. Adjustment for decrease in loan
balance prior to July 1, 1955. balance prior to July 1, 1955.
Contra to 8_3561.70. Contra to 8_3561.70.
c. Net debit balance transferred from c. Net credit balances transferred from
analytical account at end of fiscal analytical accounts at end of fiscal
year. year.
Contra to 8_ 1142.90. Contra to 8_1142.20, 8_1142.30,
8_1142.60.
8_1142.20 POLICY LOANS-CASH COLLECTIONS (02)
This is a credit balance (analytical asset) account maintained to show amounts of cash collections applied as repayments of policy loans. Includes amounts withheld and deposited by SF 1081.
Debits: Credits:
a. Amount of uncollectible checks a. Amount of cash collections applied
previously applied as repayments of to policy loans.
policy loans.
Contra to 8_3569.01. Contra to 8_3569.01, 8_3571.00,
8_2064.21, 8_2064.22.
b. Net credit balance transferred to .
basic account at end of fiscal year.
Contra to 8_1142.00. .
8_1142.30 POLICY LOAN-OFFSETS (03)
This is a credit balance (analytical asset) account maintained to show amounts of policy loans collected by offset from charges to the same fund or appropriation or from face value of policy at maturity.
Debits: Credits:
a. Cancellation of checks. a. Amount of policy loans collected by
offset or by application of other
credits.
Contra to ADA or applicable credit Contra to 8_3571.00, ADA or applicable
accounts. credit accounts.
b. Net credit balance transferred to b. Amount of debit loan balance (less
basic account at end of fiscal year. than $1) cleared by transfer to
variance account.
Contra to 8_1142.00. Contra to 8_3224.90.
8_1142.60 POLICY LOANS-CONVERTED TO RECEIVABLES
This is a credit balance (analytical asset) account maintained to show amounts of policy loans cleared by the establishment of receivables during current fiscal year.
Debits: Credits:
a. Net credit balance transferred to a. Amount of policy loans converted to
basic account at end of fiscal year. receivables.
Contra to 8_1142.00. Contra to 8_1215.90, 841215.92.
8_1142.90 POLICY LOANS-MADE CURRENT FISCAL YEAR (04)
This is a debit balance (analytical asset) account maintained to show amounts of policy loans granted during current fiscal year.
Debits: Credits:
a. Amount of policy loans made. a. Cancellation of checks.
Contra to 8_1012.03 and/or various Contra to 8_1012.03 and/or various
offset accounts, 8_4669.00, 8_3571.00. offset accounts, 8_3571.00.
b. Amount of policy loan interest b. Net debit balance transferred to
capitalized. basic account at end of fiscal year.
Contra to 8_3214.30, 8_3571.00. Contra to 8_1142.00.
8_1215.00 RECEIVABLES-BASIC ACCOUNT-MAINTAINED MANUALLY
This is a debit balance (asset) account maintained under manual control to show balances of overpayment receivables brought forward from the prior fiscal year. Adjusted by amounts of interoffice transfer of receivables during current fiscal year. The following analytical accounts will be maintained for 36X0120 Veterans Insurance and Indemnities Appropriation, receivable transactions:
841215.01 Military and Naval "T." 841215.02 NSLI "H." 841215.03 Servicemen's Indemnity.
Debits: Credits:
a. Amount of receivables transferred a. Amounts of receivables transferred to
from other stations. other stations.
Contra to 8_6145.00. .Contra to 8_6135.00.
b. Net debit balance transferred from b. Net credit balances transferred from
analytical account at end of fiscal analytical accounts at end of fiscal
year. year
Contra to 8_1215.90. Contra to 8_1215.20, 8_1215.30.
8_1215.20 RECEIVABLES-CASH COLLECTIONS-MAINTAINED MANUALLY
This is a credit balance (analytical asset) account maintained under manual control to show amounts of cash collections applied to receivables during current fiscal year. Includes amounts withheld and deposited by SF 1081. The following analytical accounts will be maintained for 36X0120, Veterans Insurance and Indemnities Appropriation, receivables transactions:
841215.21 Military and Naval "T." 841215.22 NSLI "H." 841215.23 Servicemen's Indemnity.
Debits: Credits:
a. Amount of uncollectible checks a. Amount of cash collections applied
previously applied as repayments of to receivables.
receivables.
Contra to 8_1012.01, 8_3569.01. Contra to 8_1012.01, 8_3569.01.
b. Adjustment of cash collections .
previously applied as repayments to
receivables.
Contra to AIA. .
c. Net credit balance transferred to .
basic account at end of fiscal year.
Contra to 8_1215.00. .
8_1215.30 RECEIVABLES-OFFSETS-MAINTAINED MANUALLY
This is a credit balance (analytical asset) account maintained under manual control to show amounts of receivables collected during current fiscal year by offset from charges to the same fund or appropriation. Includes noncash disposition such as writeoffs and waivers. The following analytical accounts will be maintained for 36X0120 Veterans Insurance and Indemnities Appropriations, receivable transactions:
841215.31 Military and Naval "T." 841215.32 NSLI "H." 841215.33 Servicemen's Indemnity.
Debits: Credits:
a. Cancellation of checks. a. Amount of receivables collected by
offset or by application of other
credits.
Contra to ADA or applicable credit Contra to ADA or applicable credit
accounts. accounts.
b. Amounts of overcollections refunded. b. Amount of receivables waived.
Contra to 8_1012.03. Contra to 8_4215.00.
c. Net credit balance transferred to c. Amount of receivables written off as
basic account at end of fiscal year. uncollectible.
Contra to 8_4225.00.
Contra to 8_1215.00.
. d. Amount of receivables reported to
GAO as uncollectible.
. Contra to 8_4225.00.
8_1215.90 RECEIVABLES ESTABLISHED CURRENT FISCAL YEAR-MAINTAINED MANUALLY
This is a debit balance (analytical asset) account maintained under manual control to show amounts of receivables established during current fiscal year. The following analytical accounts will be maintained for 36X0120, Veterans Insurance and Indemnities Appropriation, receivable transactions:
841215.91 Military and Naval "T." 841215.92 NSLI "H." 841215.93 Servicemen's Indemnity.
Debits: Credits:
a. Amount of receivables established. a. Net debit balance transferred to
basic account at end of fiscal year.
Contra to .6 account of overpaid Contra to 8_1215.00.
disbursement.
b. Amount of receivables transferred .
from ADP system. Contra to 8_4501.00.
8_1216.00 RECEIVABLES-PROCEEDS DUE FROM TREASURY-UNAVAILABLE CANCELED CHECKS-BASIC ACCOUNT
This is a debit balance (asset) account maintained to show amount due from the Treasurer of the United States for unavailable checks treated as canceled brought forward from the prior fiscal year. The following analytical accounts will be maintained for 36X0120, Veterans Insurance and Indemnities Appropriation, receivable transactions:
841216.01 Military and Naval "T." 841216.02 NSLI "H." 841216.03 Servicemen's Indemnity.
Debits: Credits:
a. Net debit balance transferred from a. Net credit balances transferred from
analytical account at end of fiscal analytical accounts at end of fiscal
year. year.
Contra to 8_1216.90. Contra to 8_1216.20, 8_1216.30.
8_1216.20 RECEIVABLES-PROCEEDS DUE FROM TREASURY-UNAVAILABLE CANCELED CHECKS-CASH COLLECTIONS
This is a credit balance (analytical asset) account maintained to show amounts of cash collections applied during current fiscal year to receivables due from the Treasurer of the United States for unavailable checks treated as canceled. The following analytical accounts will be maintained for 36X0120, Veterans Insurance and Indemnities Appropriation, receivable transactions:
841216 21 Military and Naval "T." 841216.22 NSLI "H." 841216.23 Servicemen's Indemnity.
Debits: Credits:
a. Net credit balance transferred to a. Advice from Treasurer of the United
basic account at end of fiscal year. States that checks have been treated as
canceled (SF 1184.)
Contra to 8_1216.00. Contra to 8_1012.03.
. b. Amounts recovered by the Treasurer of
the United States for improperly
negotiated checks.
. Contra to 8_1012.03.
8_1216.30 RECEIVABLES-PROCEEDS DUE FROM TREASURY-UNAVAILABLE CANCELLED CHECKS-OFFSETS
This is a credit balance (analytical asset) account maintained to show amount of receivables due from the Treasurer of the United States for unavailable checks for which notification has been received advising that the checks have been endorsed and negotiated and which are disposed of by noncash actions during the current fiscal year. The following analytical accounts will be maintained for 36X0120, Veterans Insurance and Indemnities Appropriation, receivable transactions:
841216.31 Military and Naval "T." 841216.32 NSLI "H." 841216.33 Servicemen's Indemnity.
Debits: Credits:
a. Net credit balance a. Advice indicating that
transferred to basic account at checks have been endorsed and
end of fiscal year. negotiated.
Contra to 8__1216.00. Contra to 8_1215.90, 8_1215 91,
. 8_121592, 8_1215.93.
8_1216.90 RECEIVABLESPROCEEDS DUE FROM TREASURY-UNAVAILABLE CANCELED CHECKS-ESTABLISHED
This is a debit balance (analytical asset) account maintained to show amounts established during the current fiscal year for receivables due from the Treasurer of the United States for unavailable checks. The following analytical accounts will be maintained for 36X0120, Veterans Insurance and Indemnities Appropriation, receivable transactions.
841216.91 Military and Naval "T." 841216.92 NSLI "H." 841216.93 Servicemen's Indemnity.
Debits: Credits:
a. Amount of requests for a. Net debit balance transferred
cancellation of unavailable to basic account at end of
checks (SF 1184). fiscal year.
Contra to .6 account of Contra to 8_1216.00.
applicable disbursement or .
other accounts. .
8_1223.00 TRANSFER DUE FROM INSURANCE APPROPRIATION FOR EXTRA HAZARD LOSSES
This is a debit balance (asset) account maintained by fund to show amounts of statutory reimbursements due from the Veterans Insurance and Indemnities Appropriation to cover extra hazard and other losses. (Central Office only.)
Debits: Credits:
a. Amounts due from insurance a. Amounts established as due
appropriation for extra hazard from insurance appropriation
and other losses (at least for extra hazard and other
quarterly). losses reversed (in same month
Contra to 813888.00, 853775.00. next accrual is established).
. Contra to 813888.00, 853775.00.
811224.00 RECEIVABLES-SHORTAGES-ALLOTMENTS AND DEDUCTIONS
This is a debit balance (asset) account maintained for the "36X8132" fund only to show amounts due from service departments and DVB as a result of erroneous register calculations. (Philadelphia VA Center only.)
Debits: Credits:
a. Amounts due from service a. Amounts of shortages paid by
departments and DVB. service departments and DVB.
Contra to 813569.05, 813569.08. Contra to 813569.05, 813569.08.
8_1227.00 RECEIVABLES-BASIC ACCOUNT-(ADP)
This is a debit balance (asset) account maintained on ADP system
to show balances of overpayment receivables on tape brought forward
from the prior fiscal year. Adjusted by amounts of interoffice
transfer of receivables during current fiscal year. The following
analytical accounts will be maintained for 36X0120, Veterans Insurance
and Indemnities
Appropriation, receivable transactions:
841227.01 Military and Naval "T." 841227.02 NSLI "H." 841227.03 Servicemen's Indemnity.
Debits: Credits:
a. Amounts of receivables a. Amounts of receivables
received from other stations. transferred to other stations.
Contra to 8_6145.00. Contra to 8_6135.00.
b. Net debit balance transferred b. Net credit balances
from analytical account at end transferred from analytical
of fiscal year. accounts at end of fiscal year.
Contra 8_1227.90. Contra to 8_1227.20, 8_122730.
8 1227.20 RECEIVABLES-CASH COLLECTIONS (ADP)
This is a credit balance (analytical asset) account maintained on ADP system to show amounts of collections applied to receivables on tape during current fiscal year. Includes amounts withheld and deposited by SF 1081. The following analytical accounts will be maintained for 36X0120, Veterans Insurance and Indemnities, receivable transactions:
841227.21 Military and Naval "T." 841227.22 NSLI "H." 841227.23 Servicemen's Indemnity.
Debits: Credits:
a. Amount of uncollectible checks a. Amount of cash collections applied to
previously applied as repayments of receivables.
receivables.
Contra to 8_1012.01, 8_3569.01. Contra to 8_1012.01, 8_3569.01.
b. Adjustment of cash collections .
previously applied as repayments to
receivables
Contra to AIA. .
c. Net credit balance transferred to .
basic account at end of fiscal year.
Contra to 8_1227.00. .
8_1227.30 RECEIVABLES-OFFSET (ADP)
This is a credit balance (analytical asset) account maintained on ADP system to show amounts of receivables on tape collected during current fiscal year by offset from charges to the same fund or appropriation. Includes noncash disposition such as writeoffs and waivers. The following analytical accounts will be maintained for 36X0120, Veterans Insurance and Indemnities Appropriation, receivable transactions:
841227.31 Military and Naval "T." 841227.32 NSLI "H." 841227.33 Servicemen's Indemnity.
Debits: Credits:
a. Cancellation of checks. a. Amount of receivables
Contra to ADA or applicable collected by offset or by
credit accounts. application of other credits.
. Contra to ADA or applicable
b. Net credit balance credit account.
transferred to basic account at .
end of fiscal year. b. Amount of receivables
Contra to 8_1227.00. waived.
. Contra to 8_4215.00, 8_4215.01,
. 8_4215.02, 8_4215.03.
. c. Amount of receivables
. written off or reported to
. General Accounting Office as
. uncollectible.
. Contra to 8_4225.00, 8_4225.01,
. 8_4225.02, 8_4225.03.
8_1227.90 RECEIVABLES-ESTABLISHED CURRENT FISCAL YEAR (ADP)
This is a debit balance (analytical asset) account maintained on ADP system to show amounts of receivables established on tape during current fiscal year. The following analytical accounts will be maintained for 36X0120, Veterans Insurance and Indemnities Appropriation, receivable transactions:
841227.91 Military and Naval "T." 841227.92 NSLI "H." 841227.93 Servicemen's Indemnity.
Debits: Credits:
a. Amount of receivables a. Net debit balance transferred
established. to basic account at end of
Contra to .6 account of overpaid fiscal year.
disbursement or other account. Contra to 8_1227.00.
8_1237.00 RECEIVABLES-[CHECK PROCEEDS DUE FROM FEDERAL RESERVE BANK
This is a debit balance (asset) account maintained by appropriation or fund to record amounts due from the Federal Reserve bank for proceeds of checks for which debit vouchers were erroneously processed.
Debits: Credits:
a. Amounts of reimbursements a. Amounts of reimbursements
received from Federal Reserve received from Federal Reserve
bank. bank.
Contra to 8_3571.00. Contra to 8_3561.30.]
8_1271.00 POLICY LIENS-BASIC ACCOUNT (05)
This is a debit balance (asset) account maintained to show amounts of policy liens exclusive of statutory liens (secs. 304, 305, 306) brought forward from prior fiscal year. Adjusted by amounts of interoffice transfers of policy liens during current fiscal year.
Debits: Credits:
a. Amount of policy liens a. Amount of policy liens
received from other stations. transferred to other stations.
Contra to 8_6141.00. Contra to 8_6131.00.
b. Net debit balance b. Net credit balances
transferred from analytical transferred from analytical
accounts at end of fiscal accounts at end of fiscal
year. year.
Contra to 8_1271.90. Contra to 8_1271.20, 8_1271.30.
8_1271.20 POLICY LIENS-CASH COLLECTIONS (06)
This is a credit balance (analytical asset) account maintained to show amounts of cash collections applied as repayments of policy liens. Includes amounts withheld and deposited by SF 1081.
Debits: Credits:
a. Amount of uncollectible a. Amount of cash collections
checks previously applied as applied as repayment of policy
repayments of policy liens. liens.
Contra to 8_3569.01. Contra to 8_3569.01, 8_2064.21,
8_2064.22.
b. Net credit balance .
transferred to basic account .
at end of fiscal year. .
Contra to 8_1271.00. .
8_1271.30 POLICY LIENS-OFFSETS (07)
This is a credit balance (analytical asset) account maintained to show amounts of policy liens collected by offset from charges to the same fund or appropriation or from face value of policy at maturity. Also includes amounts of policy liens liquidated by other noncash dispositions.
Debits: Credits:
a. Cancellation of checks. a. Amount of policy liens
Contra to ADA or applicable collected by offset or by
credit accounts. application of other credits.
Contra to ADA or applicable
b. Amount of overcollections credit accounts.
refunded.
Contra to 8_1012.03. b. Amount of policy liens
. written off.
c. Net credit balance Contra to 8_4252.00.
transferred to basic account
at end of fiscal year. c. Amount of policy liens
Contra to 8_1271.00. waived.
. Contra to 8_4215.00, 844215.01,
. 844215.02, 844215.03.
. d. Amount of lien balance less
. than $l cleared by transfer
. to variance account.
. Contra to 8_3224.90.
8_1271.90 POLICY LIENS-ESTABLISHED CURRENT FISCAL YEAR (08)
This is a debit balance (analytical asset) account maintained to show amounts of liens placed against policies during current fiscal year.
Debits: Credits:
a. Amount of policy liens a. Net debit balance
established. transferred to basic account
Contra to various offset at end of fiscal year.
accounts. Contra to 8_1271.00.
b. Amount of policy lien .
interest capitalized. .
Contra to 8_3217.30. .
841272.00 POLICY LIENS-(SECTION 304)-BASIC ACCOUNT
This is a debit balance (asset) account maintained to show amounts of section 304, policy liens (principal only) outstanding as of the close of the fiscal year.
Debits: Credits:
a. Net debit balance a. Net credit balance
transferred from analytical transferred from analytical
accounts at the end of fiscal accounts at end of fiscal year.
year. Contra to 841272.20, 841272.30,
Contra to 841272.90. 841272.60.
841272.20 POLICY LIENS-(SECTION 304)-CASH COLLECTIONS
This is a credit balance (analytical asset) account maintained to show amounts of cash collections of section 304, policy liens (principal only) during current fiscal year. Includes amounts withheld from payments and transferred by SF 1081.
Debits: Credits:
a. Amount of uncollectible a. Amount of cash collections
checks previously applied as applied to policy liens
repayments of policy liens (principal only).
(principal only). Contra to 843569.01, 842064.21,
Contra to 843569.01. 842064.22.
b. Net credit balance .
transferred to basic account .
end of fiscal year. .
Contra to 841272.00. .
841272.30 POLICY LIENS-(SECTION 304)-OFFSETS
This is a credit balance (analytical asset) account maintained to show amounts of section 304, policy liens (principal only) collected during current fiscal year by offsets from charges to the same appropriation. Includes reductions due to lapse of all or portion of policy.
Debits: Credits:
a. Cancellation of checks. a. Amount of policy liens
Contra to ADA or various offset (principal only) collected by
accounts. offset or by application of
other credits.
b. Net credit balance Contra to ADA or applicable
transferred to basic account credit accounts.
at end of fiscal year. .
Contra to 841212.00. .
841272.60 POLICY LIENS-(SECTION 304)-CONVERTED TO RECEIVABLES
This is a credit balance (analytical asset) account maintained to show amounts of section 304, policy liens (principal only) cleared by the establishment of receivables during current fiscal year.
Debits: Credits:
a. Net credit balance a. Amount of policy liens
transferred to basic account at (principal only) converted to
end of fiscal year. receivables.
Contra to 841272.00 Contra to 841215.91.
841272.90 POLICY LIENS-(SECTION 304)-ESTABLISHED CURRENT FISCAL YEAR
This is a debit balance (analytical asset) account maintained to show amounts of section 304, policy liens established during current fiscal year. Includes proportionate share of lien principal revived upon termination of permanent and total disability awards.
Debits: Credits:
a. Amount of policy liens a. Net debit balance
(principal only) established. transferred to basic account at
Contra to 843561.30 (or end of fiscal year.
841012.03 revival). Contra to 841272.00.
841273.00 POLICY LIENS-INTEREST DUE-(SECTION 304)-BASIC ACCOUNT
This is a debit balance (asset) account maintained to show amount of additions to liens for interest due brought forward from prior fiscal year.
Debits: Credits:
a. Net debit balance a. Net credit balance
transferred from analytical transferred from analytical
account at end of fiscal year. accounts at end of fiscal
Contra to 841273.90. year.
. Contra to 841273.20, 841273.30,
. 841273.60.
841273.20 POLICY LIENS-INTEREST DUE-(SECTION 304)-CASH COLLECTIONS
This is a credit balance (analytical asset) account maintained to show amounts of cash collections during current fiscal year of interest due on section 304, policy liens. Includes amounts withheld from payments and transferred by SF 1081.
Debits: Credits:
a. Amount of uncollectible a. Amount of cash collections
checks previously applied as applied to policy liens-
repayments of policy liens- interest due.
interest due. Contra to 843569.01, 842064.21,
Contra to 843569.01. 842064.22.
b. Net credit balance .
transferred to basic account .
at end of fiscal year. .
Contra to 841273.00. .
841273.30 POLICY LIENS-INTEREST DUE-(SECTION 304)-OFFSETS
This is a credit balance (analytical asset) account maintained to show amounts of policy liens for interest due collected during current fiscal year by offset from charges to the same appropriation or by offset from face value of policy at maturity.
Debits: Credits:
a. Cancellation of checks. a. Amount of policy liens
Contra to ADA or applicable interest due collected by
credit accounts. offset or by application of
other credits.
b. Net credit balance Contra to ADA or applicable
transferred to basic account at credit accounts.
end of fiscal year. Contra to .
841273.00. .
841273.60 POLICY LIENS-INTEREST DUE-(SECTION 304)-CONVERTED TO RECEIVABLES
This is a credit balance (analytical asset) account maintained to show amounts of interest due on section 304, policy liens cleared by the establishment of receivables during current fiscal year.
Debits: Credits:
a. Net debit balance a. Amount of policy lien
transferred to basic account at interest due converted to
end of fiscal year. receivables.
Contra to 841273.00. Contra to 841215.91.
841273.90 POLICY LIENS-INTEREST DUE-(SECTION 304)-ESTABLISHED CURRENT FISCAL YEAR
This is a debit balance (analytical asset) account maintained to show amounts of additions to liens for interest due during current fiscal year. Includes proportionate share of lien interest revived upon termination of permanent and total disability award. Balance will be reduced by amount of reductions in interest pursuant to Administrator's Decision No. 950, dated December 15, 1954, and reductions due to lapse of all or any portion of policy.
Debits: Credits:
a. Amount of policy liens a. Reduction in lien interest.
interest due established. Contra to 842021.30.
Contra to 842021.30.
. b. Net debit balance
. transferred to basic account
. at end of fiscal year. Contra
. to 841273.00.
851274.00 POLICY LIENS-(SECTIONS 305 AND 306)-USGLI-BASIC ACCOUNT
This is a debit balance (asset) account maintained for the USGLI fund only to show amounts of sections 305 and 306 policy liens outstanding as of the close of the fiscal year. This account is used in connection with liens and interest due the USGLI fund as a result of reinstatement of converted policies.
Debits: Credits:
a. Net debit balance a. Net credit balance
transferred from analytical transferred from analytical
account at end of fiscal year. accounts at end of fiscal year.
Contra to 851274.90. Contra to 851274.20, 851274.30,
. 851274.60.
851274.20 POLICY LIENS-(SECTIONS 305 AND 306)-USGLI-CASH COLLECTIONS
This is a credit balance (analytical asset) account maintained for the USGLI fund only to show amounts of cash collections applied as repayments of policy liens. Includes amounts withheld from payments and transferred by SF 1081.
Debits: Credits:
a. Amount of uncollectible a. Amount of cash collections
checks previously applied as applied to policy liens.
repayments of policy liens. Contra to 853569.01, 852064.21,
Contra to 853569.01. 852064.22.
b. Net credit balance .
transferred to basic account at .
end of fiscal year. Contra to .
851274.00. .
851274.30 POLICY LIENS-(SECTIONS 305 AND 306)-USGLI-OFFSET FROM PAYMENTS
This is a credit balance (analytical asset) account maintained for the USGLI fund only to show amounts of policy liens collected by offsets from charges to the same fund or from offset from face value at maturity during current fiscal year
Debits: Credits:
a. Cancellation of checks. a. Amount of policy liens
Contra to ADA or various offset collected by off-set or by
accounts. application of other credits.
Contra to ADA or applicable
b. Net credit balance credit accounts.
transferred to basic account at .
end of fiscal year. Contra to .
851274.00. .
851274.60 POLICY LIENS-(SECTIONS 305 AND 306)-USGLI-CONVERTED TO RECEIVABLES
This is a credit balance (analytical asset) account maintained to show amounts of sections 305 and 306 policy liens cleared by the establishment of receivables during current fiscal year.
Debits: Credits:
a. Net credit balance a. Amount of policy liens
transferred to basic account at converted to receivables.
end of fiscal year. Contra to 851215.90.
Contra to 851274.00. .
851274.90 POLICY LIENS-(SECTIONS 305 AND 306)-USGLI-ESTABLISHED CURRENT FISCAL YEAR
This is a debit balance (analytical asset) account maintained for the USGLI fund only to show amounts of policy liens established during current fiscal year. Includes interest additions and proportionate share of liens revived upon termination of permanent and total disability award.
Debits: Credits:
a. Amount of policy liens a. Net debit balance
established. transferred to basic account
Contra to 853561.30, 853217.30. at end of fiscal year.
. Contra to 851274.00.
b. Capitalization of interest .
on policy liens. .
Contra to 853217.30. .
8_1275.00 POLICY LIENS-BASIC ACCOUNT-MAINTAINED MANUALLY
This is a debit balance (asset) account maintained under manual control to show amounts of policy liens maintained outside the master record tape system brought forward from the prior fiscal year, adjusted by interoffice transfers of policy liens (off tape).
Debits: Credits:
a Amount of policy liens (off a. Amount of policy liens (off
tape) received from other tape) transferred to other
stations. stations.
Contra to 8_6141.00. Contra to 8_6131.00.
b. Net debit balance b. Net credit balance
transferred from analytical transferred from analytical
account at end of fiscal accounts at end of fiscal year.
year. Contra to 8_1275.20, 8_1275.30,
Contra to 8_ 1275.90. 8_1275.60.
8_1275.20 POLICY LIENS-CASH COLLECTIONS-MAINTAINED MANUALLY
This is a credit balance (analytical asset) account maintained under manual control to show amounts of cash collections applied as repayments of policy items maintained outside the master record tape system.
Debits: Credits:
a. Amount of uncollectible a. Amounts of each collections
checks previously applied as applied as repayments of policy
repayments of policy liens. liens.
Contra to 8_3569.01. Contra to 8_2065.90, 8_3569.01,
. 8_2064.21, 8_2064.22
b. Net credit balance .
transferred to basic account at .
end of fiscal year. .
Contra to 8_1275.00. .
8_1275.30 POLICY LIENS-OFFSETS-MAINTAINED MANUALLY
This is a credit balance (analytical asset) account maintained under manual control to show amounts of policy liens maintained outside the master record tape system collected by offset. Also includes amounts of policy liens liquidated by other noncash deductions.
Debits: Credits:
a. Cancellation of checks. a. Amount of policy liens
Contra to ADA or applicable collected by off-set or by
credit accounts. application of other credits.
Contra to ADA or applicable
b. Net credit balance credit accounts.
transferred to basic account at .
end of fiscal year. b. Amount of policy liens
Contra to 8_1275.00. written off.
. Contra to 8_4252.00.
. c. Amount of policy liens
. waived.
. Contra to 8_4215.00, 844215.02.
. d. Amount of policy lien (off
. tape) less than $l cleared by
. transfer to variance account.
. Contra to 8_3224.90.
8_1275.60 POLICY LIEN-CONVERTED TO RECEIVABLES-MAINTAINED MANUALLY
This is a credit balance (analytical asset) account maintained under manual control to show amounts of policy liens maintained outside the master record tape system cleared by the establishment of receivables during current fiscal year.
Debits: Credits:
a. Net credit balance a. Amount of offtape policy
transferred to basic account at liens converted to receivables
end of fiscal year. Contra to 8_1215.90, 841215.92.
Contra to 8_1275.00. .
8_1275.90 POLICY LIENS-ESTABLISHED CURRENT FISCAL YEAR-MAINTAINED MANUALLY
This is a debit balance (analytical aseet) account maintained under manual control to show amoun ts of liens maintained outside the master record tape system placed against policies during current fiscal year.
Debits: Credits:
a. Amount of policy liens a. Net debit balance transferred
established. to basic account at end of
Contra to various offset fiscal year.
accounts. Contra to 8_1275.00.
871277.00 CONTRIBUTIONS FOR EXTRA HAZARD COSTS DUE FROM UNIFORMED SERVICES
This is a debit balance (asset) account maintained for the Servicemen's Group Life Insurance Fund to show amounts of extra hazard costs due from the uniformed services. (Central Office only.)
Debits: Credits:
a. Amount of extra hazard costs a. Reversal of amounts
due from uniformed services. established as due from
Contra to 873574.00. uniformed services.
. Contra to 873574.00.
. b. Amounts of extra hazard
. costs received from uniformed
. services.
. Contra to 873574.00.
8_1613.00 ACCRUED INTEREST ON GOVERNMENT AGENCY BONDS
This is a debit balance (asset) account maintained by fund to show amounts of accrued interest on Government agency bonds (Central Office only).
Debits: Credits:
a. Amount of interest on a. Amount established as
Government agency bonds accrued accrued at end of prior month
as of end of each month. reversed at time next accrual
Contra to 8_3213.00. is established.
. Contra to 8_3213.00.
. b. Amount of interest on
. Government agency bonds
. collected.
. Contra to 8_1012.21.
8_1614.00 ACCRUED INTEREST ON POLICY LOANS
This is a debit balance (asset) account maintained to show amounts of accrued interest on policy loans.
Debits: Credits:
a. Amount of interest on policy a. Amount established as
loans accrued as of the end of accrued at end of prior month
each month. reversed at time next accrual
Contra to 8_3214.30. is established.
. Contra to 8_3214.30.
8_1615.00 ACCRUED INTEREST ON TREASURY CERTIFICATES
This is a debit balance (asset) account maintained by fund to show amounts of accrued interest on Treasury Certificates. (Central Office only.)
Debits: Credits:
a. Amount of interest on a. Amount established as
Treasury Certificates accrued accrued at end of prior month
as of end of month. reversed at time next accrual
Contra to 8_3215.00. is established.
. Contra to 8_3215.00.
8_1624.00 ACCRUED INTEREST ON PARTICIPATION CERTIFICATES
This is a debit balance (asset) account maintained by fund to show amounts of accrued interest on participation certificates. (Central Office only.)
Debits: Credits:
a. Amount of interest on a. Amount established as
participation certificates accrued at end of prior month
accrued as of end of each reversed at time next accrual
month. is established.
Contra to 8_3211.00. Contra to 8_3211.00.
. b. Amount of interest on
. participation certificates
. collected.
. Contra to 8_1012.31.
8_1625.00 ACCRUED INTEREST ON NON-GOVERNMENT AGENCY BONDS
This is a debit balance (asset) account maintained by fund to show amounts of accrued interest on nonGovernment agency bonds. (Central Office only.)
Debits: Credits:
a. Amount of interest on a. Amount established as
non-Government agency bonds accrued at end of prior month
accrued as of the end of each reversed at time next accrual
month. is established.
Contra to 8_3234.00. Contra to 8_3234.00.
. b. Amount of interest on
. non-Government agency bonds
. collected.
. Contra to 8_1012.71.
8_1814.00 INVESTMENT-PARTICIPATION CERTIFICATES
This is a debit balance (asset) account maintained by fund to show amount invested in participation certificates. (Central Office only.)
Debits: Credits:
a. Amount of certificates a. Amount of certificates
purchased. redeemed.
Contra to 8_ 1012.33. Contra to 8_1012.61.
8_1815.00 INVESTMENT-GOVERNMENT AGENCY BONDS
This is a debit balance (asset) account maintained by fund to show amount invested in Government agency bonds. (Central Office only.)
Debits: Credits:
a. Amount of bonds purchased. a. Amount of bonds redeemed.
Contra to 8_1012.23. Contra to 8_1012.51.
8_1824.00 INVESTMENTS-NON-GOVERNMENT AGENCY BONDS
This is a debit balance (asset) account maintained by fund to show amount invested in non-Government agency bonds. (Central Office only.)
Debits: Credits:
a. Amount of bonds purchased. a. Amount of bonds redeemed.
Contra to 8_1012.43. Contra to 8_1012.81.
8_2011.00 ADMINISTRATIVE COSTS PAYABLE TO GENERAL OPERATING EXPENSES APPROPRIATION
This is a credit balance (liability) account maintained by fund to show amounts of administrative costs due the general operating expenses appropriation. (Central Office only.)
Debits: Credits:
a. Amounts transferred to GOE a. Amounts due GOE
appropriation. appropriation.
Contra to 821012.03, 861012.03, Contra to 8_4465.00.
871012.00. .
842021.00 ACCRUED INTEREST ON POLICY LIENS (SECTIONS 304, 305, 306)-DUE GENERAL FUND-BASIC ACCOUNT
This is a credit balance (contingent liability) account maintained to show amounts of accrued interest on policy liens which upon collection are proper for transfer to the general fund of the Treasury.
Debits: Credits:
a. Net debit balance a. Net credit balance
transferred from analytical transferred from analytical
account at end of fiscal year. account at end of fiscal year.
Contra to 842021.90. Contra to 842021.30.
842021.30 ACCRUED INTEREST ON POLICY LIENS (SECTIONS 304, 305, 306)-DUE GENERAL FUND-ESTABLISHED CURRENT FISCAL YEAR
This is a credit balance (analytical liability) account maintained to show amounts of additions to liens for interest due during current fiscal year which upon collection are proper for transfer to the general fund of the Treasury. Includes proportionate share of lien interest revived upon termination of permanent and total disability award.
Debits: Credits:
a. Reduction in lien interest. a. Proportionate share of lien
Contra to 841273.90. interest revived upon
termination of permanent and
b. Net credit balance total disability award.
transferred to basic account Contra to 841273.90.
at end of fiscal year.
Contra to 842021.00. b. Addition of lien interest.
. Contra to 841273.90.
842021.90 ACCRUED INTEREST ON POLICY LIENS (SECTIONS 304, 305, 306)-DUE GENERAL. FUND-TRANSFERRED CURRENT FISCAL YEAR
This is a debit balance (analytical liability) account maintained to show amounts of policy lien interest collections transferred to Treasury during current fiscal year.
Debits: Credits:
a. Amount of periodic a. Net debit balance
transfer of lien interest transferred to basic account at
collections to General Fund of end of fiscal year.
the Treasury. Contra to 842021.00.
Contra to 841012.03. .
8_2025.00 UNDELIVERED CHECKS AND PAYMENTS DUE (09)
This is a credit balance (liability) account maintained by fund or appropriation to show the amount of proceeds of undelivered insurance checks deposited for credits to VA accounts and amounts of refunds and cash dividends due but not paid because a current mailing address is not available. The following analytical account will be maintained to hold the liability amount until such time as an ADP intersystem transfer is made to the basic account. These are cases where a liability is created because the master records do not contain a current address and the transfer is later made during the liability record updating run:
8_2025.10 ADP Intersystem Transfers
Debits: Credits:
a. Amount of checks previously a. Proceeds of undelivered
deposited reauthorized for checks deposited.
payment. Contra to 8_1012.03.
Contra to 8_1012.03. .
b. Amounts of refunds or cash b. Amounts of refunds or cash
dividends paid. dividends due but not paid
Contra to 8_1012.03. (analytical account 8_2025.10).
. Contra to ADA.
c. Proceeds of checks deposited .
now determined to be not due. c. Amounts of intersystem
Contra to ADA. transfers.
. Contra to 8_2025.10.
d. Amounts of undelivered .
checks, refunds and cash d. Amounts of undelivered
dividends transferred to other checks, refunds and cash
stations. dividends payable received from
Contra to 8_6215.00. other stations.
. Contra to 8_6225.00.
8_2032.00 DIVIDEND CREDITS AND DEPOSITS-BASIC ACCOUNT (10)
This is a credit balance (liability) account maintained by fund to show the amount of dividends on credit or deposit for policyholders' accounts brought forward from the prior fiscal year. Adjusted by interoffice transfers of dividend credits or deposits during current fiscal year.
Debits: Credits:
a. Amount of dividend credits a. Amount of dividend credits
and deposits transferred and deposits transferred
to other stations. from other stations.
Contra to 8_6212.00. Contra to 8_6222.00.
b. Adjustment for decrease in b. Adjustment for increase in
basic account balance prior to basic account balance prior to
July 1, 1955. July 1, 1955.
Contra to 8_4331.00. Contra to 8_4331.00.
c. Net debit balance transferred c. Net credit balance
from analytical account at end transferred from analytical
of fiscal year. account at end of fiscal year.
Contra to 8_2032.90. Contra to 8_2032.30.
8_2032.30 DIVIDEND CREDITS AND DEPOSITS-ESTABLISHED CURRENT FISCAL YEAR (11)
This is a credit balance (analytical liability) account maintained by fund to show amounts of dividends placed on deposit or credited to policyholders' accounts during current fiscal year. Includes interest additions.
Debits: Credits:
a. Net credit balance transferred to a. Amount of dividends placed on credits
basic account or
at end of fiscal year. deposits for policyholders.
Contra to 8_2032.00. Contra to applicable dividend disbursing
account.
. b. Amount of interest additions to
dividend credits
. and deposits. Contra to 8_4053.00.
8_2032.90 DIVIDEND CREDITS AND DEPOSITS-WITHDRAWN OR APPLIED (12)
This is a debit balance (analytical liability) account maintained by fund to show amounts of dividend credits or deposits withdrawn or applied during current fiscal year.
Debits: Credits:
a. Amount of dividend credits and a. Cancellation of checks.
deposits withdrawn
or applied. Contra to 8_1012.03 and/or various
offset accounts.
Contra to 8_1012.03 and/or various .
offset accounts
. b. Net debit balance transferred to
basic account at end
. of fiscal year. Contra to 8_2032.00.
812034.00 PAYABLES-OVERAGES-ALLOTMENTS AND DEDUCTIONS
This is a credit balance (liability) account maintained for the "V" fund only to show amounts due the service departments and DVB as a result of erroneous calculations. (Philadelphia VA Center only.)
Debits: Credits:
a. Amounts adjusted by service a. Amounts due service departments or
departments or DVB by DVB.
deduction from subsequent checks. Contra to 813569.05, 813569.08.
Contra to 813569.05, 813569.08. .
8_2038.00 NET DISBURSEMENTS IN TRANSIT
This is a credit balance (liability) account maintained by insurance fund or appropriation to show the amount of net disbursements in transit at the end of the month. A debit balance will result when voucher deductions, check cancellations and credit adjustments exceed gross disbursements. Entries to this account will be reversed at the beginning of the following month.
Debits: Credits:
a. Reversing entry. a. Net disbursements in transit.
Contra to 8_1012.03. Contra to 8_1012.03.
842061.00 TRANSFERS DUE NSLI FUND FOR EXTRA HAZARD CASES
This is a credit balance (liability) account maintained by appropriation to show amounts of unpaid reimbursements due the NSLI fund for extra hazard and other losses. (Central Office only.)
Debits: Credits:
a. Reversal of amount established as a. Estimated amount of unpaid
unpaid reimbursements due
reimbursement due NSLI fund. NSLI fund.
Contra to 844461.00. Contra to 844461.00.
842062.00 TRANSFERS DUE USGLI FUND FOR EXTRA HAZARD CASES
This is a credit balance (liability) account maintained by appropriation to show amounts of unpaid reimbursements due to USGLI fund for extra hazard and other losses. (Central Office only.)
Debits: Credits:
a. Reversal of amount established as a. Estimated amount of unpaid
unpaid reimbursements due
reimbursements due USGLI fund. USGLI fund.
Contra to 844462.00. Contra to 844462.00.
8_2063.00 MATURED CONTRACTS PAYABLE-ON TAPE (13)
This is a credit balance (liability) account maintained by fund on the ADP system to show face amount plus credits less indebtedness due policyholders or their beneficiaries on matured contracts (death, endowment, P&T disability) pending issuance of award.
Debits: Credits:
a. Payments of award amount of matured a. Net amount due policyholders or their
contracts beneficiaries.
payable. Contra to 8_4639.00, 8_2032.90 and various
accounts
Contra to 8_1012.03 or 8_4600.00 and/or for other credits due.
various
consideration for supplementary .
contract accounts.
. b. Amounts of matured contracts payable
transferred
b. Amounts of matured contracts payable from offtape account.
transferred to
offtape account. Contra to 8_2066.00.
Contra to 8_2066.00. .
. c. Amounts of mature contracts payable
received to other
c. Amounts of matured contracts payable stations.
transferred
from other stations Contra to 8_6229.00.
Contra to 8_6219.00. .
8_2064.00 UNAPPLIED COLLECTIONS-BASIC ACCOUNT (14)
This is a credit balance (deferred credit) account maintained by fund to show amounts of unapplied collections brought forward from the prior fiscal year. The following analytical accounts will be maintained to identify the types of unapplied collections:
8_2064.01 Direct Collections.
8_2064.02 Allotment&DFB Collections.
Debits: Credits:
a. Net debit balance, direct a. Net credit balances, direct
collections transferred collections transferred
from analytical accounts at end of from analytical accounts at end of
fiscal year fiscal year
(analytical account 8_2064.01). (analytical account 8_2064.01).
Contra to 8_2064.91. Contra to 8_2064.21, 8_2064.31.
b. Net debit balance, allotment/DFB b. Net credit balances, allotment/DFB
collections collections
transferred from analytical accounts transferred from analytical accounts at
at end of fiscal end of fiscal
year (analytical account 8_2064.02). year (analytical account 8_2064.02).
Contra to 8_2064.92. Contra to 8_2064.22, 8_2064.32.
c. Unapplied collections transferred c. Unapplied collections received from
to other other stations
stations (analytical account (analytical account 8_2064.01).
8_2064.01).
Contra to 8_6214.00. Contra to 8_6224.00.
8_2064.20 UNAPPLIED COLLECTIONS-CASH COLLECTIONS (15)
This is a credit balance (deferred credit) account maintained by fund to show amounts of cash collections established s pending transactions on tape during current fiscal year. The following analytical accounts will be maintained to identify the types of unapplied cash collections:
8_2064.21 Direct Cash Collections. 8_2064.22 Allotment/DFB Cash Collections.
Debits: Credits:
a. Amount of uncollectible checks a. Amounts of direct cash collections
previously unapplied
established as pending transactions (analytical account 8_2064.21).
(analytical account
8_2064.21). Contra to 8_3569.01. Contra to 8_3569.01.
b. Amounts transfered to applicable b. Amounts of DFB cash collections
cash collection unapplied
accounts. (analytical account 8_2064.22).
Contra to 8_1142.20, 8_1271.20, Contra to 8_3569.05.
841272.20,
841273.20, 851274.20, 8_1275.20,
8_3214.20,
8_3216.20, 8_3561.20. c. Amounts of allotment cash collections
unapplied
. (analytical account 8_2064.22).
c. Net credit balance direct Contra to 8_3569.08.
collections transferred to
basic account at end of fiscal year .
(analytical account
8_2064.21). Contra to 8_2064.01. .
.
d. Net credit balance, allotment/DFB .
collections
transferred to basic account at end of .
fiscal year
(analytical account 8_2064.22). .
Contra to 8_2064.02. .
8_2064.30 UNAPPLIED COLLECTIONS-OFFSETS (16)
This is a credit balance (deferred credit) account maintained by fund to show amounts of unapplied collections withheld from insurance adjustment transactions and established as pending transactions on tape during current fiscal year. The following analytical accounts will be maintained to identify the types of unapplied collections offset:
8_2064.31 Direct Collections-Offset 8_2064.32 Allotment/DFB Collections-Offset
Debits: Credits:
a. Cancellation of checks. a. Amounts withheld from various
disbursement
Contra to ADA or applicable credit accounts.
accounts.
b. Net credit balance transferred to Contra to 8_2032.90, 854332.00,
basic account at end 8143__.00.
of fiscal year. .
Contra to 8_2064.01, 8_2064.02. .
8_2064.90 UNAPPLIED COLLECTIONS-WITHDRAWN OR APPLIED (17)
This is a debit balance (deferred credit) account maintained by fund to show amounts of unapplied collections withdrawn or applied during current fiscal year. The following analytical accounts will be maintained to show the type of collections withdrawn or applied:
8_2064.91 Direct-Collections Withdrawn or Applied
8_2064.92 Allotment/DFB Collections Withdrawn or Applied
Debits: Credits:
a. Amounts of unapplied direct a. Net debit balance direct collections
collections withdrawn or transferred to
applied (analytical account 8_2064.91). basic account at end of fiscal year
(analytical account
Contra to 8_4669.00 and various operating 8_2064.91).
and offset
accounts. Contra to 8_2064.01.
b. Amounts of unapplied allotment/DFB b. Net debit balance, allotment/DFB
collections transferred to
withdrawn or applied (analytical account basic account at end of fiscal year
8_2064.92). (analytical account
Contra to 8_1012.01 and various operating 8_2064.92).
and offset
accounts. Contra to 8_2064.02.
8_2065.00 UNAPPRECIATED COLLECTIONS-BASLC ACCOUNT
This is a credit balance (deferred credit) account maintained by fund or appropriation to show amounts of unassociated collections brought forward from prior fiscal year adjusted by interoffice transfers of unassociated collections during current fiscal year.
Debits: Credits:
a. Amount of unassociated collections a. Amount of unassociated collections
transferred to received from
other stations. other stations.
Contra to 8_6213.00. Contra to 8_6223.00.
b. Net debit balance transferred from b. Net credit balances transferred from
analytical account analytical
at end of fiscal year. accounts at end of fiscal year.
Contra to 8_2065.90. Contra to 8_0265.20, 8_2065.30.
8_2065.20 UNASSOCIATED COLLECTIONS-CASH COLLECTIONS (18)
This is a credit balance (deferred credit) account maintained by fund to show amounts of cash collections which cannot be identified during current fiscal year.
Debits: Credits:
a. Amounts of uncollectible checks a. Amount of unassociated cash
previously collections.
established as unassociated Contra to 8_3569.01 or applicable income
collections. accounts.
Contra to 8_3569.01. .
b. Net credit balance transferred to .
basic account
at end of fiscal year. Contra to .
8_2065.00.
8 2065.30 UNASSOCIATED COLLECTIONS-OFFSETS (19)
This is a credit balance (deferred credit) account maintained by fund to show amounts of unassociated collections established.
Debits: Credits:
a. Net credit balance transferred to a. Amounts of unassociated collections
basic account at end established.
of fiscal year. Contra to 8_2065.00. Contra to 8_3571.00.
8_2065.90 UNASSOCIATED COLLECTIONS-WITHDRAWN OR APPLIED (20)
This is a debit balance (deferred credit) account maintained by fund to show amounts of unassociated collections refunded, applied or transferred to a regional office during current fiscal year.
Debits: Credits:
a. Amounts of unassociated collections a. Net debit balance transferred to
refunded, basic account at end
transferred to a regional office or of fiscal year.
applied.
Contra to 8_1012.03 and various offset Contra to 8_2065.00.
accounts.
8_2066.00 MATURED CONTRACTS PAYABLE-MAINTAINED MANUALLY
This is a credit balance (liability) account maintained under manual control by fund to show face amount plus credits less indebtedness due policyholders or their beneficiaries on matured contracts (death, endowment, P&T disability) pending issuance of award.
Debits: Credits:
a. Payments of award amount of matured a. Net amount due policy-holders or their
contracts beneficiaries.
payable. Contra to 8_4639.00, 8_2032.90 and
various accounts
Contra to 8_1012.03 or 8_4600.00 and/or for other credits due.
various
considerations for supplementary .
contract accounts.
b. Amounts of matured contracts payable b. Arnounts of matured contracts payable
transferred transferred
to ontape account. from ontape account.
Contra to 8_2063.00. Contra to 8_2063.00.
c. Amounts of matured contracts payable c. Amounts of matured contracts payable
transferred received from
to other stations. other stations.
Contra to 8_6219.00. Contra to 8_6229.00.
872067.00 UNAPPLIED CONTRIBUTIONS FOR EXTRA HAZARD COSTS-BASIC ACCOUNT
This is a credit balance (deferred credit) account maintained for the Servicemen's Group Life Insurance Fund to show amounts of extra hazard contribution unapplied brought forward from the prior fiscal year.
Debits: Credits:
a. Net debit balance of unapplied extra a. Net credit balances of unapplied
hazard extra hazard
contributions transferred from contributions transferred from
analytical account analytical account
at end of fiscal year. at end of fiscal year.
Contra to 872067.90. Contra to 872067.20, 872067.30.
872067.20 UNAPPLIED CONTRIBUTIONS FOR EXTRA HAZARD COSTS-CASH COLLECTIONS
This is a credit balance (deferred credit) account maintained for the Servicemen's Group Life Insurance Fund to show amounts of extra hazard contributions returned by Insurer in accordance with policy agreement.
Debits: Credits:
a. Net credit balance of returned extra a. Amounts of extra hazard contributions
hazard returned by
contributions transferred to basic Insurer.
account at end of
fiscal year. Contra to 871012.00.
Contra to 872067.00.
872067.30 UNAPPLIED CONTRIBUTIONS FOR EXTRA HAZARD COSTS-OFFSETS
This is a credit balance (deferred credit) account maintained for the Servicemen's Group Life Insurance Fund to show amounts of unapplied contributions for extra hazard costs established.
Debits: Credits:
a. Net credit balance transferred to a. Amounts of unapplied contributions
basic account at end for extra
of fiscal year. hazard costs established.
Contra to 872067.00. Contra to 874469.00.
872067.90 UNAPPLIED CONTRIBUTIONS FOR EXTRA HAZARD COSTS-WITHDRAWN OR APPLIED
This is a debit balance (deferred credit) account maintained for the Servicemen's Group Life Insurance Fund to show amount of extra hazard contributions withdrawn or applied during current fiscal year.
Debits: Credits:
a. Amounts of extra hazard a. Amounts of extra hazard contributions
contributions withdrawn transferred
or applied. to basic account at end of fiscal year.
Contra to 871012.00. Contra to 872067.00.
852068.00 PERMANENT AND TOTAL DISABILITY BENEFITS IN ABEYANCE-MAINTAINED MANUALLY
This is a credit balance (liability) account maintained under manual control for the USGLI fund only to show the face amount of permanent and total disability benefits due insureds which are held in abeyance off tape.
Debits: Credits:
a. Face amount of P&T benefits held in a. Face amount of P&T benefits held in
abeyance abeyance off
transferred to the tape system. tape.
Contra to 854501.00. Contra to 852083.00, 854501.00.
872069.00 CONTRIBUTIONS FOR EXTRA HAZARD COSTS DUE INSURER
This is a credit balance (liability) account maintained for the Servicemen's Group Life Insurance Fund to show amounts of extra hazard costs due the insurer. (Central Office only).
Debits: Credits:
a. Amounts of extra hazard costs paid a. Arnounts of extra hazard costs due
to insurer. insurer.
Contra to [871012.00.] Contra to [872067.90.]
8_2073.00 ACCRUED INTEREST ON DIVIDEND CREDITS AND DEPOSITS
This is a credit balance (liability) account maintained to fund to show amounts of accrued interest on dividend credits and deposits.
Debits: Credits:
a. Amount of accrued interest a. Amount of interest on dividend
established at end of credits and
prior month reversed as of beginning of deposits accrued as of the end of each
next month. month.
Contra to 8_4053.00. Contra to 8_4053.00.
8_2081.00 UNEARNED PREMIUMS
This is a credit balance (deferred credit) account maintained to show amounts or premiums paid in advance. (Central Office only.)
Debits: Credits:
a. Amount of premiums previously a. Amount of unearned premiums.
established as
unearned reversed in the same month Contra to 8_3561.70.
next accrual is
established. Contra to 8_3561.70. .
8_2082.00 LOAN INTEREST SUSPENSE
This is a credit balance (deferred credit) account maintained to show amounts of interest on loans capitalized prior to anniversary date of the loan.
Debits: Credits:
a. Amount of loan interest previously a. Amount of loan interest capitalized
capitalized prior to
reversed in the same month next accrual anniversary date of loan.
is
established. Contra to 8_3214.30. Contra to 8_3214.30.
852083.00 PERMANENT AND TOTAL DISABILITY BENEFITS IN ABEYANCE (ON TAPE)
This is a credit balance (liability) account maintained on tape for the USGLI fund only to show the face amount of permanent and total disability benefits due insureds which are held in abeyance.
Debits: Credits:
a. Face amount of P&T benefits held in a. Face amount of P&T benefits held in
abeyance abeyance
for which payments are resumed. on tape.
Contra to 857851.00. Contra to 852063.00, 857851.00,
854501.00.
b. Face amount of P&T benefits held in .
abeyance
clerically deleted from tape. .
Contra to 854501.00. .
842221.00 ANTICIPATED APPROPRIATION REIMBURSEMENTS
This is a debit balance (accountability) account maintained for the Veterans Insurance and Indemnities Appropriation to show the amount of appropriation reimbursements anticipated to be earned during the fiscal year.
Debits: Credits:
a. Anticipated reimbursements. a. Decrease in anticipated
reimbursements.
Contra to 842223.00. Contra to 842223.00.
b. Increase in anticipated b. Net monthly reimbursements earned.
reimbursements.
Contra to 842223.00. Contra to 842222.00.
. c. Net cumulative debit balance closed
at end of fiscal
. year. Contra to 842225.00.
842222.00 REIMBURSEMENTS TO APPROPRIATION
This is a debit balance (accountability) account maintained for the Veterans Insurance and Indemnities Appropriation to show the amount of reimbursements earned during the current fiscal year.
Debits: Credits:
a. Net monthly reimbursements earned. a. Net cumulative debit balance closed
at end of fiscal
Contra to 842221.00 year. Contra to 842247.00.
NOTE:If the amount earned exceeds the amountanticipated the excess is credited to account 842223.00.
842223.00 UNAPPROPRIATED APPROPRIATION
This is a credit balance (accountability) account maintained for the I&I appropriation to show amount of appropriated funds not yet apportioned by the Office of Management and Budget] including amounts reserved by the [Office of Management and Budget.] (Central OfficeController only.)
Debits: Credits:
a. Annual apportionment. a. Appropriation warrant.
Contra to 842224.00. Contra to 841012.00.
b. Decrease in anticipated receipts. b. Anticipated receipts.
Contra to 842221.00. Contra to 842221.00.
c. Increase in current quarter c. Decrease in current quarter
apportionment with apportionment with
corresponding decrease in reserve. corresponding increase in reserve.
Contra to 842225.00. Contra to 842225.00.
d. Increase in subsequent quarter(s) d. Increase in anticipated receipts.
apportionment
with decrease in reserve. Contra to Contra to 842221.00.
842224.00.
e. Nonexpenditure transfers to other e. Decrease in subsequent quarter(s)
appropriation apportionment
or funds. with increase in reserve.
Contra to 841012.00. Contra to 842224.00.
f. Increase in current quarter f. Nonexpenditure transfers from other
apportionment
due to nonexpenditure transfers from appropriations or funds.
other
appropriations or funds. Contra to 841012.00.
Contra to 842225.00. .
g. Increase in subsequent quarter(s) g. Increase in current quarter
apportionment due apportionment due to
to nonexpenditure transfers from other nonexpenditure transfers to other
appropriations
appropriations or funds. or funds.
Contra to 842224.00. Contra to 842225.00.
. h. Decrease in subsequent quarter(s)
apportionment
. due to nonexpenditure transfers to other
. appropriations or funds.
. Contra to 842224.00.
842224.00 APPORTIONMENT AVAILABLE FOR SUBSEQUENT PERIODS
This is a credit balance (accountability) account maintained for the I&I appropriation to show the amount of apportionment available for distribution during the remaining quarters of the fiscal year. (Central Office-Controller only.)
Debits: Credits:
a. Quarterly apportionment. a. Annual apportionment.
Contra to 842225.00. Contra to 842223.00.
b. Increase in current quarter b. Decrease in current quarter
apportionment with apportionment with
decrease in subsequent quarter(s). corresponding increase in subsequent
quarter(s).
Contra to 842225.00. Contra to 842225.00.