GAAP Documentation : Governmental Restricted Net Assets Trial Balance

Trial Balances and Working Papers

Current Entity: Web-GAAP Training School District - 2002

Purpose: To provide a format to convert each governmental fund from the modified accrual basis to the accrual basis, to reclassify program revenues and to accumulate the appropriate restrictions on net assets to produce the Statement of Net Assets and the Statement of Activities (the new entity-wide GASB 34 statements).

Field Definitions:

• Fund Type - All of the fund types are types of governmental funds.
• Fund/SCC - The Fund/SCC's are governmental funds which were imported from the entity's files or added through GAAP Setup.
• Statement Style - The presentation of the files is either Combining or Combined

Combining - Produces statements at the Fund/SCC level as mapped within Web-GAAP. That is, all SCC's for each fund are rolled into the 0000 SCC for that fund, if that's how the mapping is set. Combined - Combines each Fund/SCC to the corresponding Fund Type. (General, Special Revenue, etc for governmental fund type).

Sample Trial Balance - Combining

The following selections are used:

Help with using the report selection options

Sample Governmental Restricted Net Assets Trial Balance - Combining

Governmental Restricted Net Assets Trial Balance - Combined - Combines all Fund/SCC's into the corresponding fund type. The headings are the same as those on the Combining Trial Balance.