Standard General Ledger: Advanced

Description:

This companion SGL course continues the explanation of the most common U.S. Government Standard General Ledger transactions for operating appropriations and reimbursable work including additional SGL accounts, descriptions crosswalks and pro forma entries. This course assumes that you have full understanding of the basic flows and relationships that are explained in the SGL-Basic or –Intermediate classes.

Major topics include:

• Closing, expiring, and canceling entries for reimbursable and direct funding
• Allocation entries for intra-fund transfers
• Unfunded liabilities and expenses
• Current year adjusting entries for:
• Obligations different from commitments
• Expenditures different from obligations
• Payments with discounts
• Reimbursable orders

Who should attend:

Those proficient at the operational and transactional level of federal accounting who have attended the SGL-Basic or SGL-Intermediate and would like training in the more difficult concepts of the SGL and accounting operations.

Meets Selected Core Competencies for:

• Accountants
• Budget Analysts
• Financial Managers

Prerequisites:

• Standard General Ledger: Basic or Standard General Ledger: Intermediate