D308 D · Adjustments/Write-offs/Reclassification

To record a prior-period adjustment that reduces the value of a liability.

Proprietary Proprietary Entry

DebitCredit

211000 Accounts Payable

211200 Accounts Payable for Federal Government Sponsored Enterprise

212000 Disbursements in Transit

213000 Contract Holdbacks

214000 Accrued Interest Payable - Not Otherwise Classified

214100 Accrued Interest Payable - Loans

214200 Accrued Interest Payable - Debt

214900 Accrued Interest Payable on Uninvested Funds

215000 Payable for Transfers of Currently Invested Balances

215500 Expenditure Transfers Payable

216000 Entitlement Benefits Due and Payable

217000 Subsidy Payable to the Financing Account

218000 Loan Guarantee Liability

219000 Other Liabilities With Related Budgetary Obligations

219100 Liability for Employer Benefits and Claims Incurred but Not Reported

220000 Liability for Unpaid Insurance Claims

220500 Liability for Unearned Insurance Premiums

221000 Accrued Funded Payroll and Leave

221100 Withholdings Payable

221300 Employer Contributions and Payroll Taxes Payable

221500 Other Post Employment Benefits Due and Payable

221600 Pension Benefits Due and Payable to Beneficiaries

221700 Benefit Premiums Payable to Carriers

221800 Life Insurance Benefits Due and Payable to Beneficiaries

222000 Unfunded Leave

222500 Unfunded FECA Liability

229000 Other Unfunded Employment Related Liability

231000 Liability for Advances and Prepayments

232000 Other Deferred Revenue

251000 Principal Payable to the Bureau of the Fiscal Service

252000 Principal Payable to the Federal Financing Bank

253000 Securities Issued by Federal Agencies Under General and Special Financing Authority

253200 Premium on Securities Issued by Federal Agencies Under General and Special Financing Authority

253300 Amortization of Discount on Securities Issued by Federal Agencies Under General and Special Financing Authority

254000 Participation and Payment Certificates

259000 Other Debt

261000 Actuarial Pension Liability

262000 Actuarial Health Insurance Liability

263000 Actuarial Life Insurance Liability

265000 Actuarial FECA Liability

266000 Actuarial Liabilities for Federal Insurance and Guarantee Programs

267000 Actuarial Liabilities for Treasury and Department of Labor-Managed Benefit Programs

269000 Other Actuarial Liabilities

291000 Prior Liens Outstanding on Acquired Collateral

292000 Contingent Liabilities

293000 Lessee Lease Liability

293010 Unfunded Lessee Lease Liability

296000 Accounts Payable From Canceled Appropriations

297000 Liability for Capital Transfers

298000 Custodial Liability

299000 Other Liabilities Without Related Budgetary Obligations

299010 Other Liabilities Without Related Budgetary Obligations - General Fund of the U.S. Government

299500 Estimated Cleanup Cost Liability

253100 Discount on Securities Issued by Federal Agencies Under General and Special Financing Authority

253400 Amortization of Premium on Securities Issued by Federal Agencies Under General and Special Financing Authority

740000 Prior-Period Adjustments Due to Corrections of Errors

740100 Prior-Period Adjustments Due to Changes in Accounting Principles

740500 Prior-Period Adjustments Due to Corrections of Errors -Years Preceding the Prior-Year

Comment

If the downward adjustment is due to corrections of errors, credit USSGL account 740000. For prior-period adjustments due to changes in accounting principles, credit USSGL 740100. For prior-period adjustments due to corrections of errors in years preceding the prior year, credit USSGL 740500. Also Post: USSGL TC D302 if the prior period adjustment due to changes in accounting principle is associated with direct appropriations; USSGL TC D304 for a prior-period adjustment due to corrections of errors that requires restatement, and associated with a direct appropriation; USSGL TC D102 (budgetary entry only) if the adjustment has a downward budgetary impact to prior-year unpaid delivered orders - obligations, recoveries and the appropriation has expired; USSGL TC D108 (budgetary entry only) if the adjustment has a downward budgetary impact on prior-year paid delivered orders - obligations, and refunds collected; and USSGL TC D110 (budgetary entry only) if the adjustment has a downward budgetary impact to prior- year unpaid delivered orders - obligations, recoveries, and has not expired.

Reference

Prior-Period and Prior-Year Adjustments 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