.100 General

This section describes the use and preparation of the Agency Transaction Voucher (ATV). The ATV is designed to record accounting transactions occurring among several JMU departments. Examples of these transactions include charges for goods and services provided by Card Center, Special Events and Catering, Facilities Management, etc.

.200 Control Responsibilities

.210 Department/Office Providing Goods or Services

• Use the Electronic ATV
• Maintain departmental records to substantiate the entries on the ATV.
• Prepare ATV in accordance with instructions listed in subsection .314 of this section.
• Prepare ATV in the same month that the transaction occurs.
• Provide copy of the ATV to the impacted departments at the time original is submitted to Financial Reporting for keying. Mark all ATV copies as COPY.
• Respond to inquiries from the department that received the goods or services.
• Must obtain responsible managers approval.
• Submit completed ATV with supporting documentation to the Office of Financial Reporting or indicate by check box that documentation is in departmental files.
• Review Summary Financial Report (refer to Section 3030, .210) or Monthly Detail Report. (refer to section 3030, .220) to determine that the amounts credited are correct.

.220 Department/Office Receiving Goods or Services

• Reviews Summary Financial Report or Monthly Detail Reports to determine the amounts posted are correct.
• Contacts the Department/Office that provided the goods and services regarding charges in question.

.230 Office of Financial Reporting

• Reviews ATV for accuracy and completeness for data entry.

.240 Office of Cash & Investments

• Answer questions regarding form preparation and other inquiries pertaining to ATV's.

.250 Office of Accounts Payable

• Answer questions regarding duplicate payments, keying errors and checks to be issued in lieu of credit invoices.

.300 Forms Preparation and Submission

.310 Agency Transaction Voucher

.311 Required

This form is required to record all transactions among JMU departments related to sales, services, recovery of costs, and transfers of expenditures and revenues among organizations within the same bank account.

.312 Where to Obtain Blank Forms

An electronic form is available ONLINE.

.313 Number of Copies

Complete one ATV form. Retain one copy in departmental files and send one copy to the department(s) impacted by the ATV.

.314 Forms Preparation Instructions

Following are detailed instructions for preparation of the Agency Transaction Voucher.

Enter the following information only, Financial Reporting will complete the other areas.

.315 Samples of Correctly Prepared Forms

.400 Expenditure Credits and Recoveries

An expenditure credit is used to properly distribute expenses or make corrections.  This distribution or correction should generally be based on an expense previously recorded by voucher or ATV in the current fiscal year.

Examples of when an expenditure credit is used:

• A vendor sends a check to Cash & Investments for a duplicate payment made on an invoice. Cash & Investments determines the expense account coding on the appropriate voucher and then prepares a deposit transmittal crediting the same expense account codes from the original voucher.  The voucher number will be noted on the form. A copy of the completed deposit transmittal form is sent to Accounts Payable who records this information on the associated vouchers in Peoplesoft. Accounts Payable makes a notation of this duplicate payment on the original vouchers which are filed in Accounts Payable.
• A keying error made by Accounts Payable. Accounts Payable prepares an ATV to charge the expense to the proper department and/or account with the voucher number cited in the description.  The offset will be the expenditure credit to correct the error.  A notation is also recorded on the associated voucher which is filed in Accounts Payable.
• A keying error made on an ATV.  If the department makes the error, they are responsible for submitting the correcting ATV.  If the keying error is made by Financial Reporting, they are responsible for submitting the correcting ATV. The department or Financial Reporting prepares an ATV to charge the expense to the proper department and/or account with the original ATV number cited in the description. The offset will be the expenditure credit to correct the error.
• In lieu of the vendor issuing a credit invoice to the department the vendor sends a check to Cash & Investments. After determining the appropriate department and account to be credited, Cash & Investments prepares the deposit transmittal. A copy of this completed form is sent to Accounts Payable and is filed with the associated voucher in Accounts Payable.
• A department supplies copy paper and the use of a copier for several departments. The department that purchased the paper and paid the lease on the copier would record the amounts on the ATV as an expenditure credit.
• A department received a check from an employee for personal phone calls. A deposit transmittal form would be prepared and the monies would be recorded as an expenditure credit to the same expense account where the phone call was originally charged.

A recovery is used to record monies received or to record reimbursement from other departments for services rendered.

Examples of when a recovery is used:

• Any department performs a service for another university department.  The department that performs the service would record the amount on the ATV as a recovery.
• An E&G department performs a service for a non-university person/entity (Example: a department conducts a seminar during the summer for local middle school teachers. The participants pay a fee to cover the costs of the seminar).
• Central service providers (Examples: Facilities Management on the E&G side, Telecommunications on the Auxiliary side) that provide university wide services.
• The JMU Foundation reimburses university departments for specific costs incurred or provides support for university activities.

Recovery Codes that are most commonly used:

• XX9900 - E&G recovering from E&G or Grant, Aux recovering from E&G, Aux or Grant
• XX9600 - E&G recovering from Auxiliary only
• XX9940 - Recovery from JMU Foundation only

When preparing an ATV with a recovery, the debit account and the recovery code must be from the same chart of accounts category.