appropriation account

Appropriation Account

An account for a government unit that is credited with the amount the legislature appropriates to that unit. The unit debits its appropriation account every time it spends money.

appropriation account

see PROFIT-AND-LOSS APPROPRIATION ACCOUNT.
References in periodicals archive ?
According to schedule 2014, the courses would be organized on various topics including mail collection, routing and transportation of domestic mail with special reference to standards, Audit Procedure/ Audit Paras/ Appropriation Account and preparations for DAC/PAC meetings, training needs and Training of Trainees (TOT), Philately as business activity and "Postal financial services".
Appropriation committee staffers monitor the prior years as part of their appropriation account and program analysis, and growing unobligated balances imply that programs may get by with reduced future-year appropriations if financial management (FM) personnel applied better "year of execution" management.
Both committees analyze and approve spending for programs by appropriation account such as procurement, operations and maintenance, and military personnel.
The School Committee also voted to release $100,000 that had been transferred from the fiscal 2006 health insurance appropriation account to the reserve account for legal expenses relative to building litigation.
First, Congress can enact new legislation to prohibit any adjustments to a closed appropriation account.
The House bill added $25 million to the ICF program in the Weapons Activities appropriation account to support work on development of high- average-power lasers.
The appropriation account as discussed here does not involve any asset accounts.
For each sector, a set of three accounts is created: A production account, which records the production attributable to that sector; an appropriation account, which records the sources of the sector's income, its current outlays, and its saving; and a saving-investment account, which records the sector's gross saving, net increase in assets, and net increase in liabilities.
The amounts attributable to such increases were credited against the agency's appropriation account as an offsetting collection.
An examination of the accounts will reveal that the unexpended appropriation account should maintain a positive (credit) balance.
The first section recasts the financial statements of a firm into a production account, an appropriation account, and a saving-investment account, the building blocks for national economic accounts.
A good way to visualize the SFIS structure (see Figure 1) is as a central transaction that connects to six key information components: appropriation account information, budget program information, organizational information, transactional information, trading partner information, and cost accounting information.