These accounts are contra-expense accounts to record reimbursements. Reimbursements arise when one fund (the reimbursed fund) pays the expenditures or expenses of another fund (the reimbursing fund) with the understanding that the reimbursing fund will at a later date make an appropriate payment to the reimbursed fund. When the reimbursed fund receives the payment, the receipt of funds is to be recorded in this account. This account is also used to record refunds of prior year expenditures or receipts. Internal service fund cost adjustments that cross fiscal years should be recorded in these accounts. The 583XXXXX Agency Reimbursement accounts may be used by either governmental or proprietary funds including universities. However, for universities and proprietary funds, the accounts are only valid for cash basis monthly reporting, and for year-end GAAP reporting the 583XXXXX account balances must be reclassified to the appropriate expense or revenue accounts and be zero at June 30. Only governmental funds may have balances at June 30 in the 58399999 accounts, and for GAAP reporting these balances roll to the Reimbursement caption to offset expenditures. For cash basis reporting for all fund types, on the BD701 Report, the 583XXXXX reimbursement accounts are grouped with the 4XXXXXXX revenue accounts. A full list of the 583XXXXX accounts can be found using the NC Agency Chart of Account Values Report (RPT-RTR-135) in NCFS.