Ya know, one would think I'd finally get this after two years, but I haven't fully grasped it. How beneficial is backing something out (zeroing the dollar amount)?
In accounting you just don't leave funds on the table or obligated against a project if the project is complete.
We are under a Congressional Mandate to get a clean Financial Audit and having funds just lying around prevents that.
Remember you have to work your money for the base year and following 4 years. The responsibility doesn't end with the FY. So since its FY 07 you should still be reconciling anything from FY 03 that may be hitting your books.
Although the management of prior year funds may seem asinine and just extra busy work, remember that the status of our previous accounts goes a long way when arguing with Congress for more funds. If our account management history is clean, they are much more likely to loosen some purse strings than they would be if it was painfully obvious that we weren't managing the money they already gave us.
The more I don't understand it, the more I get frustrated and boiling. So I back the documents out i.e. 0.00 the amounts, but what happens? it's caused "slight" headaches between our shoreside recon help and us. The mistakes can be fixed, but it's beome more work than needed. All I did was take action on the UDOs and this happens. Tranactions not on PES, UDO, Unresolves, my goodness! I just want to do good.
UDO's and Unresolves? Can you please provide some amplifying information? Why do you have Unresolved documents? What type of Unresolved documents? How long have they been unresolved (what PES report did they appear on). A bit more information may help us understand your problem/frustration a bit more and then we could perhaps offer some more specific advice. I'd give you a phone number to contact me, but I am between units at the moment.
I have a question about clearing your UDO report. My question is how do you clear your documents off of the report after they have expended, you went in and flagged the remaining amounts to clear TYNOP and the documents are still sitting on the report with a positive and negative. I know they clear each other out but how do I get them off the report completely. I sent several emails to the help desk to only get the run around. Can anyone shed some light on this matter.
Originally posted by FLOATINGSTORES: I have a question about clearing your UDO report. My question is how do you clear your documents off of the report after they have expended, you went in and flagged the remaining amounts to clear TYNOP and the documents are still sitting on the report with a positive and negative. I know they clear each other out but how do I get them off the report completely. I sent several emails to the help desk to only get the run around. Can anyone shed some light on this matter.
The key to this is everything has to match exactly. The Suffix may be different for the corresponding negative or the project. If this is the case, you need to find out when the credit was reconciled, and fix in Recon. If you need any further assistance, I'm on global.
Tranactions not on PES, UDO, Unresolves, my goodness! I just want to do good.
