What do the vendor names shown as IT – INTRAGOVERNMENTAL ENTRIES, JV – ACCOUNT ENTRIES, and CR – CASH RECEIPTS represent?
In order to ensure that the TOP system would represent the entire activity on the state’s accounting system as required by House Bill 09-1288, transactions that move monies within state government need to be reflected even though no external payment is made to a vendor. The title IT – INTRAGOVERNMENTAL ENTRIES is used to aggregate these transactions into a single line for presentation (IT stands for the accounting term Intragovernmental Transaction). In addition, there are a very large number of entries recorded on the accounting system that allocate previous entries to different expenditure codes. These entries do not represent external payments and are presented under the title JV – ACCOUNT ENTRIES to ensure that the TOP system reflects all activity on the state’s accounting system (JV stands for the accounting term Journal Voucher). Corrections of accounting errors are also done on JV transactions and do not involve external payments to vendors. In the limited instances when a “paym
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