Texas Administrative Code
Title 26 - HEALTH AND HUMAN SERVICES
Part 1 - HEALTH AND HUMAN SERVICES COMMISSION
Chapter 264 - CONSUMER DIRECTED SERVICES OPTION
Subchapter C - ENROLLMENT AND RESPONSIBILITIES OF FINANCIAL MANAGEMENT SERVICES AGENCIES (FMSAS)
Section 264.339 - Records
Universal Citation: 26 TX Admin Code § 264.339
Current through Reg. 50, No. 13; March 28, 2025
(a) An FMSA must maintain records to support claims submitted to HHSC and payments received from HHSC.
(b) An FMSA must, in accordance with generally accepted accounting principles and HHSC requirements, document and maintain financial records, including:
(1)
deposit slips, bank statements, cancelled checks, and receipts;
(2) purchase orders;
(3) invoices;
(4) journals and ledgers;
(5) time sheets, payroll, and tax
records;
(6) records, forms, and
reports required by the Internal Revenue Service, the Texas Workforce
Commission, and other applicable government agencies;
(7) insurance coverage related to staff
persons, including claims and payments;
(8) equipment inventory records;
(9) the FMSA's internal accounting
procedures; and
(10) chart of
accounts.
(c) An FMSA must retain in an employer's record an initial intake report and a final investigative report received from HHSC and a completed HHSC Form 1719.
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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