B121 B · Disbursements and Payables

To record principal repayments at par value to the Bureau of the Fiscal Service and the Federal Financing Bank that were not previously anticipated. For example, this transaction includes repayments of principal, repayments due to modifications of credit reform loans, and repayments of capitalized loan interest from non-credit reform loans.

Budgetary Budgetary Entry

DebitCredit

445000 Unapportioned - Unexpired Authority

461000 Allotments - Realized Resources

462000 Unobligated Funds Exempt From Apportionment

414200 Actual Repayment of Borrowing Authority Converted to Cash - Current-Year Authority

414202 Actual Repayment of Definite Borrowing Authority Converted to Cash - Prior-Year Balances

414203 Actual Repayment of Indefinite Borrowing Authority Converted to Cash - Prior-Year Balances

414600 Actual Repayments of Debt, Current-Year Authority

414700 Actual Repayments of Debt, Prior-Year Balances

Proprietary Proprietary Entry

DebitCredit

211000 Accounts Payable

211200 Accounts Payable for Federal Government Sponsored Enterprise

251000 Principal Payable to the Bureau of the Fiscal Service

251100 Capitalized Loan Interest Payable - Non-Credit Reform

252000 Principal Payable to the Federal Financing Bank

101000 Fund Balance With Treasury

Comment

Also post USSGL TC-B135 if a gain results from an early repayment for non-credit reform loans. Also post USSGL TC-B137 if a loss results from an early repayment for non-credit reform loans. See USSGL TC-B131 for principal repayments with a gain or loss as a result of FFB early repayments, or modifications of credit reform loans. If posting TC-B404, record a debit to USSGL account 461000. While it is acceptable to debit USSGL accounts 461000 and 462000 in this situation, it is never acceptable for the balance in either of these accounts to a debit.

Reference

Non-Credit Reform Borrowings with Capitalized Interest 2012; Borrowing Authority: Definite and Indefinite 2022

About this entry

Debits are shown left, credits right — the T-account form. Every account links to its full detail.

Source: Section III · p1sec3-transactions-2026.pdf