Exchange Currency

interfund transactions

Financial transaction occurring between two funds within the same government institution that are generally not included in its annual financial statements. Transactions include internal revenue, expense reimbursement, interfund loans, fund additions and deductions.

Related information about interfund transactions:
  1. What is interfund transactions? definition and meaning
    Definition of interfund transactions: Financial transaction occurring between two funds within the same government institution that are generally not included in ...
     
  2. Fiscal Policy Manual Accounting for Interfund Transactions
    interfund transactions are documented, communicated, clearly understood, and ... Monitoring of interfund transactions for appropriate accounting treatment.
     
  3. Interfund transactions - Financial Dictionary - The Free Dictionary
    Financial arrangements effected by payments made from one fund group (either Federal funds or trust funds) to another group. Want to thank TFD for its ...
     
  4. Interfund Transactions and Transfers - New York State Accounting ...
    There are four categories of interfund activities classified into two groups - Interfund Transactions and Interfund Transfers. Transactions and transfers constitute ...
     
  5. Interfund Transactions - Department of Legislative Audit
    Basically there are five (5) categories of interfund transactions. (1). Quasi- External Transactions. Transactions that would be treated as revenues, expenditures ...
     
  6. ACCOUNTING INTERPRETATION NO. 2 Subject - Department of ...
    Basically there are five (5) categories of interfund transactions. (1). Quasi- External Transactions. Transactions that would be treated as revenues, expenditures ...
     
  7. INTERFUND TRANSACTIONS
    INTERFUND TRANSACTIONS. During month 99 no cash activity is to take place. There cannot be cash transfers between funds. The only exception to this is to ...
     
  8. How do I handle interfund transactions under GASB-34. | HighBeam ...
    Apr 1, 2003 ... One of the more interesting aspects of the Governmental Accounting Standards Board (GASB) Statement No. 34 (Basic Financial ...