Texas Administrative Code
Title 1 - ADMINISTRATION
Part 15 - TEXAS HEALTH AND HUMAN SERVICES COMMISSION
Chapter 375 - REFUGEE CASH ASSISTANCE AND MEDICAL ASSISTANCE PROGRAMS
Subchapter B - CONTRACTOR REQUIREMENTS FOR THE REFUGEE CASH ASSISTANCE PROGRAM (RCA)
Section 375.207 - Are there accounting requirements the contractor must meet to receive a contract?

Universal Citation: 1 TX Admin Code ยง 375.207

Current through Reg. 49, No. 38; September 20, 2024

Yes, each contractor must:

(1) maintain an accounting system that records revenues and expenditures using generally accepted accounting principles as recognized by the American Institute of Certified Public Accountants and follow the Texas Department of Human Services financial management policies and procedures in maintaining fiscal records;

(2) maintain a chart of accounts that includes all accounts using an assigned number;

(3) maintain a general ledger;

(4) maintain supporting documentation of expenses including but not limited to:

(A) receipts or vouchers for incoming cash;

(B) bank statements;

(C) canceled checks (if provided by bank);

(D) deposit slips;

(E) approved invoices;

(F) receipts or vouchers for purchases;

(G) leases;

(H) contracts;

(I) time sheets;

(J) inventory;

(K) written cost allocation methodology; and

(L) cost allocation worksheets; and

(5) identify all funding sources and expenditures by separate fund type.

Disclaimer: These regulations may not be the most recent version. Texas may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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