Allowance for Loss on Interest Receivable - Loans
Definition
This account is used to record the estimated amount of loss due to uncollectible interest receivable on loans. This account excludes the allowances on loans subject to credit reform, which are recorded in USSGL account 139900, "Allowance for Subsidy." This account does not close at year-end.
Year-end: This account does not close at year-end.
Source: Section II ·
p1sec2-acctdef-2026.pdf
Required attributes & legal values
9For each attribute this account reports, these are the only domain values GTAS will accept for this account (Section IV).
Begin/End
BulkFile attribute
B
E
Debit/Credit
BulkFile attribute
D
C
Cust/Noncust
BulkFile attribute
A
S
Fed/Nonfed
BulkFile attribute
N
Fund Type
TAS attribute
CF
DF
EC
EG
EM
EP
ER
ES
ET
GA
TR
UG
US
UT
Reporting Type Code
TAS attribute
E
F
U
Financing Account Code
TAS attribute
D
G
N
TAS Status
TAS attribute
U
E
Trans Code
TAS attribute
X
K
N
Transactions
9
D306
To record a prior-period adjustment that reduces the value of a prior-year asset.
Debit · Proprietary entry D310 To record a prior-period adjustment that increases the value of a prior-year asset.
Credit · Proprietary entry D404 To record the estimated allowance for bad debts related to non-credit-reform receivables.
Credit · Proprietary entry D416 To record the write-off of interest receivable.
Debit · Proprietary entry D420 To record the accrued estimated uncollectible exchange revenue due to credit losses with related costs incurred and collected for others in a General Fund Receipt Account.
Credit · Proprietary entry D424 To record in a General Fund Receipt Account, the accrued estimated uncollectible non-exchange revenue and exchange revenue with virtually no cost reported on the Statement of Custodial Activity or on the custodial footnote.
Credit · Proprietary entry D426 To record an adjustment to loans receivable based on acquired collateral property.
Debit · Proprietary entry E508 To record the transfer-out of nonbudgetary or non-federal accounts receivable to other federal entities without reimbursement.
Debit · Proprietary entry E604 To record the transfer-in of nonbudgetary or non-federal accounts receivable from others without reimbursement.
Credit · Proprietary entry
Debit · Proprietary entry D310 To record a prior-period adjustment that increases the value of a prior-year asset.
Credit · Proprietary entry D404 To record the estimated allowance for bad debts related to non-credit-reform receivables.
Credit · Proprietary entry D416 To record the write-off of interest receivable.
Debit · Proprietary entry D420 To record the accrued estimated uncollectible exchange revenue due to credit losses with related costs incurred and collected for others in a General Fund Receipt Account.
Credit · Proprietary entry D424 To record in a General Fund Receipt Account, the accrued estimated uncollectible non-exchange revenue and exchange revenue with virtually no cost reported on the Statement of Custodial Activity or on the custodial footnote.
Credit · Proprietary entry D426 To record an adjustment to loans receivable based on acquired collateral property.
Debit · Proprietary entry E508 To record the transfer-out of nonbudgetary or non-federal accounts receivable to other federal entities without reimbursement.
Debit · Proprietary entry E604 To record the transfer-in of nonbudgetary or non-federal accounts receivable from others without reimbursement.
Credit · Proprietary entry
Statement crosswalks
5
V
Balance Sheet · line 10
Loans receivable, net (Note 8) V Statement of Custodial Activity · line 7
Miscellaneous V Statement of Custodial Activity · line 7
Miscellaneous V Statement of Custodial Activity · line 9
Accrual Adjustments (+/-) V Statement of Custodial Activity · line 9
Accrual Adjustments (+/-)
Loans receivable, net (Note 8) V Statement of Custodial Activity · line 7
Miscellaneous V Statement of Custodial Activity · line 7
Miscellaneous V Statement of Custodial Activity · line 9
Accrual Adjustments (+/-) V Statement of Custodial Activity · line 9
Accrual Adjustments (+/-)