Options for Entering Reclassifications

You can enter FBWT (Fund Balance with Treasury) reclassifications for CTA reporting purposes using payables or General Ledger journals.

Here's how you can enter reclassifications:

• Payables: On the Payment window, you can void a payment, and then either create a new invoice or discard the existing invoice lines and enter new TAS or BETC information. You can then create a new payment for the new or existing invoice and reference the voided payment document number in the Void Payment field on the new payment.

• General Ledger journals: You can create a reclassification journal entry. To use this option, the journal must have a category defined in the CTA Reclassification Journal Category lookup. This category is used to identify reclassification journals for CTA reporting purposes. The reclassification must balance by account type, that is either disbursement or receipt, and the agency location code (ALC).

  Note: The validation for reclassification balance by account type works only when you’re importing the journals and not when manually creating them.