Kansas Department of Administration

6,000 REVENUE ACCOUNT CLASSIFICATION

Posted on 10/21/2021 at 12:49 PM by Kansas Department of Administration

SUBJECT
Uniform Revenue Classification Accounts

PURPOSE
To identify and define the receipt classifications prescribed by the Director of Accounts and Reports for use in the state’s accounting system.
AUTHORITATIVE REFERENCES
K.S.A. 75-3728

GENERAL INFORMATION
Introduction
K.S.A. 75-3728 makes the Director of Accounts and Reports responsible for formulating a central accounting system and maintaining central accounting records. This statute requires state agencies to maintain uniform classifications of accounts and reports as prescribed by the Director. This statute further requires the Director to design, revise, and direct the use of accounting records and fiscal procedures and pres
cribe uniform classifications for receipts and expenditures for all state agencies.
Each receipt is classified in the accounting system at a primary, intermediate, and detail level through the use of account codes. These classifications facilitate the various levels of reporting detail required for budgetary, financial, management, or other reports.
Six primary receipt classifications are prescribed. The first five are for receipts that are classified as revenue to the agency and the sixth is for non-revenue receipts. Intermediate classifications are assigned within each primary classification. Within each intermediate classification are the detail classifications used to code accounting transactions.
The primary six agency receipt classifications are:

4100  Taxes:  Compulsory contributions imposed by the state for the purpose       
                     of financing services for the common public benefit.
4200   Agency Earnings:  Amounts collected for merchandise sold, for services
          performed, for granting the privilege of engaging in a business or occupation, or
          for purposes of regulation.
4300   Revenue from the Use of Money and Property Amounts received as
          compensation for the use of state owned money and property.
 
4400   Gifts, Donations, and Federal Grants: Gifts, donations, grants, and contributions
          received from private and public sources to aid in the support of a specific
          function of government or other governmental activity.
 
4500  Other Revenue: Revenue receipts not classified elsewhere.
4600   Non-Revenue Receipts: All sources of receipts that do not constitute revenue.
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