BP 11122023 129pm - Flipbook - Page 121
Notice that Mass stipends payable in PSA includes the Mass Stipends All Souls in
PSFS. Also, Seminarian collections are recorded separately in PSA, but are recorded in
one fund in PSFS. American Bishop Overseas Appeal and Charitable Assistance are
not in PSA so you have to identify where these items were recorded in PSA in order to
reconcile them. Also, Parish Event Payment could be recorded under other exchange
retreats or it could be included in revenue. In the above example, many of the 2 nd
collection accounts in PSA are not in PSFS as the collections are annual collections and
only show in the PSFS if collected during the period selected (this was 6 months 3 July
through December). We can’t use the Statement of Financial position to reconcile as 2nd
collections are received and paid out of the same PSA account resulting in a zero balance.
If you need assistance adding or deleting PSFS funds or adding accounts in PSA to
make reconciling easier, contact the Parish Systems Administrator. Staff and Contact
| Roman Catholic Archdiocese of Atlanta | Atlanta, GA (archatl.com)
2. Using the PSA Trial Balance report on Liabilities we created, compare the detail of
credits in the liability to the same fund in PSFS excel pivot. An example is shown below:
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