114191-114910 - Interfund Receivables and Beneficial Interests

This account group consists of transfers between fund types and State departments and universities within State Government. Operating transfers and reimbursements are classified in this account group.

University Intra-Agency Receivables

This account subgroup includes the authorized transfer of funds between fund types within a university.

NOTE: Beginning with year-end 2002, university intra-agency receivables and payables and their related revenues and expenses must be eliminated for year-end reporting; therefore, the balances in accounts 114191-114199 must be zero at June 30.

Account	Title
114191	Due From Unrestricted Current Fund
114192	Due From Proprietary Fund
114193	Due From Restricted Current Fund
114194	Due From Loan Fund
114195	Due From Endowment Fund
114196	Due From Agency Fund
114197	Due From Unexpended Plant Fund
114198	Due From Debt Service Fund
114199	Due From Investment in Plant Fund

Primary Government Intra-Agency Receivables

This account subgroup includes the authorized transfer of funds between fund types within a Primary Government Agency. These accounts are not valid for component units. Component units should use accts 114600 or 114700 as needed.

Account	Title
114310	Due From General Fund
114311	Due From Special Revenue Fund
114313	Due From Capital Improvement Fund
114314	Due From Enterprise Fund
114315	Due From Internal Service Fund
114318	Due From Pension Trust Fund
114319	Due From Agency Fund
114320	Due From Permanent Fund
114321	Due From Private Purpose Trust

Primary Government Inter-Agency Receivables

This account subgroup includes the authorized transfer of funds between Primary Government Agencies. These accounts are not valid for component units. Component units should use accts 114600 or 114700 as needed.

Account	Title
114410	Due From General Fund
114411	Due From Special Revenue Fund
114412	Due From Debt Service Fund (This account is no longer active)
114413	Due From Capital Improvement Fund
114414	Due From Enterprise Fund
114415	Due From Internal Service Fund
114418	Due From Pension Trust Fund
114419	Due From Agency Fund
114420	Due From Permanent Fund
114421	Due From Private Purpose Trust

114501 Advances of Coronavirus Funds to outside of the State's reporting entity

This account is used to record advances of Coronavirus Funds made by OSBM and other State agencies to entities outside of the State’s reporting entity ahead of eligible expenditures being incurred by the receiving entity by fiscal year end.

114600 Due From Primary Government Agencies

This account is used only by State of NC component units to record amounts due from primary government state agencies. This account is invalid for primary government state agencies. Use accounts 1143XX and 1144XX for primary government Intra and Inter-agency receivables.

114700 Due From State of NC Component Units

This account is used to record receivables from discretely presented component units of the State of North Carolina.  For example, state agencies, universities, colleges and other component units will use this account to record amounts due from the Golden LEAF Foundation, a component unit of the State of NC. This account is also used by universities to record amounts due from other universities.

114800 Due from Agency/Institution Component Units

This account is used to record receivables from discretely presented compnent units of an agency or institution.  Universities and colleges will use this account to record amounts due from their component unit foundations.

114910 Beneficial Interest in Assets Held by Others – Current

For the current portion of the beneficial interest defined by GASB Statement No. 81, Irrevocable Split- Interest Agreements.  (Only applicable when a third party is the intermediary and the government is a beneficiary.)  A beneficial interest is the right to a portion of the benefits from donated resources pursuant to a split-interest agreement in which the donor enters into a trust or other legally enforceable agreement with characteristics that are equivalent to a split-interest agreement, and transfers the resources to an intermediary.