F110 F · Yearend

To record the removal of unfilled customer orders with advance and to return advance in excess of obligations in the same year.

Budgetary Budgetary Entry

DebitCredit

461000 Allotments - Realized Resources

462000 Unobligated Funds Exempt From Apportionment

422200 Unfilled Customer Orders With Advance

Proprietary Proprietary Entry

DebitCredit

231000 Liability for Advances and Prepayments

101000 Fund Balance With Treasury

Comment

For expiring accounts only. To record as an adjusting entry before preparing the preclosing trial balance. TC A104 is normally recorded before this TC. 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 be a debit. While it is acceptable to credit USSGL account 422200 in this situation, it is never acceptable for the balance in USSGL account 422200 to be a credit.

Reference

Refunds of Prior-Year Advances and Other Spending Authority From Offsetting Collections Refunded In The Current Year From Expired TAFS as Obligations and Outlays 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