NCFS Year-End Accrual Info Session FAQs

From the session held on June 15, 2026.

Question:  Are there any plans to change the functionality in NCFS that will allow entries in the Accrual Ledger to get picked up in the Modified Accrual Ledger?

Answer: We have requested this from Oracle. Not a priority at this time.

Question: Does this mean there will not be NC AP Accrual Injections Report (After Year-End) (RPTRTR177) this year like it was last year?

Answer: No, we will continue to have both the NC AP Accrual Injections Report (After Year-End) (RPTRTR177) and the NC AP Accrual Reclass Report (Prior Year Invoices) (RPTRTR172).

Question: For computing services, is it a single interfund or is it a multiple interfund?

Answer: It is one interfund, but because of the way the ACFR reports are designed as long as it is in the correct GASB, then it will associate together the right way for balancing purposes.

Question: Is there a mapping table for GASB & budget codes somewhere in the OSC site?

Answer: NC Master Report for Budget Fund Hierarchies (RPT-RTR-153) is the report that displays the budget code/budget fund GASB association.

Question: With the new Inter govt payable codes, is there no longer a threshold amount?

Answer: Per ACFR instructions:

In general, a threshold of $1,000,000 applies to worksheets 505 through 530; however, there are exceptions to this threshold. Therefore, be sure to read all of the instructions before completing a worksheet. The $1,000,000 threshold should be applied in aggregate per Agency and per GASB.  Balances equal to or more than the threshold should be recorded as interfund balances in the appropriate account.  Inter-agency balances below the threshold should be reclassified as Accounts Receivable or Accounts Payable.

There is no threshold for Intra-agency receivables and payables (receivables and payables between different GASBs at the same agency).

There is an exception for the due to and due from between agencies or component units and the Department of the State Treasurer (Agency 07) for retirement related accruals.  There is also an exception for Coronavirus Funds.

The $1,000,000 threshold does apply to payables to the following funds: 
 

Question: DNCR do their own Party Payment.  Once we create that payment, can we can add the accrual code?

Answer: You can add the accrual indicator in column DQ of the FBDI before uploading.  You can also add the accrual indicator manually after uploading.  Refer to QRG AP-43 for the steps to add manually.

Question: As a refresher will you show staff how to add the accrual codes in NCFS?

Answer: QRG AP-43.