Welcome to CTAS�Investments
With David Frame
MAT Trainer
Small City and Town Accounting System
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AGENDA
Short Course
March 16, 2022
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Other Materials
Create an Investment
Add Interest
Withdrawals
Reports
Other Materials
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CTAS Users Manual, Chapter 16, osa.state.mn.us
Statement of Position letters at OSA
(Office of State Auditor)
Other Materials
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osa.state.mn.us
Other Materials
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Other Materials
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Other Materials
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Other Materials
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CTAS Users Manual, Chapter 16, osa.state.mn.us
Statement of Position letters at OSA
(Office of State Auditor)
Other Materials
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Statement of Position, OSA
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Statement of Position, OSA
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Collateral
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Investments
Small City and Town Accounting System
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Create an Investment
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Ceate an Investment
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Create an Investment
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Create an Investment
Small City and Town Accounting System
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Create an Investment
Small City and Town Accounting System
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Create an Investment
Small City and Town Accounting System
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CTAS assumes the money going into the investment is coming out of checking!
Creating an Investment…Disbursement
Small City and Town Accounting System
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IAD:
Investment Automatic Disbursement
Creating an Investment…Disbursement
Small City and Town Accounting System
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Creating an Investment…Disbursement
Small City and Town Accounting System
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Creating an Investment…Disbursement
Small City and Town Accounting System
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Creating an Investment…Disbursement
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Creating an Investment…Disbursement
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Creating an Investment…Disbursement
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Creating an Investment
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Checking to Investment at same bank
New money received
Receipt the new money…
then create investment
Creating an Investment
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Checking to Investment at same bank
New money received
Money in checking to savings at Bank 2
Creating an Investment
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Money in checking to savings at Bank 2
Create Claim>Disbursement, check goes to Bank 2
Create an Investment in CTAS
Delete IAD
Creating an Investment
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Creating an Investment
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Creating an Investment
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Creating an Investment
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Creating an Investment
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Creating an Investment
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Checking to Investment at same bank
New money received
Money in checking to savings at Bank 2
New Money to savings at Bank 2
Receipt new money
Claim/Disbursement
Add/Create Investment
Delete IAD
Creating an Investment
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Checking to Investment at same bank
New money received
Money in checking to savings at Bank 2
New Money to savings at Bank 2
Record existing Savings/CD
Create Investment
Delete IAD
Interest
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Receive interest on an investment
-added to the investment.
Interest
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Interest
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Interest
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Interest
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Interest
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Interest
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Receive interest on an investment
Paid to you, not added to investment by bank
Receipt money into checking
Interest
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Accrued Interest
Interest
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Withdrawal
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Withdrawal
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Withdrawal
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Withdrawal
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Withdrawal
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Withdrawal
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Withdrawal
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Withdrawal
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Withdrawal
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From savings to checking at same bank
From savings at bank 2 to checking at bank 1
Receipt money
Create Withdrawal in Investments
Delete IAW
Withdrawal
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From savings to checking at same bank
From savings at bank 2 to checking at bank 1
Withdrawal
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From savings to checking at same bank
From savings at bank 2 to checking at bank 1
Other things to think about…
There may interest in the pay out that you have not receipted,
There may be a penalty for early withdrawal,
Withdrawal
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Withdrawal
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Withdrawal
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Withdrawal
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Withdrawal
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Withdrawal
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Reports
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Reports
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Reports
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Reports
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Special Fund Numbers and Account Numbers
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Townships will borrow/bond to acquire funds to do a significant project like a road rebuild.
This money is often put into an ‘investment’ until it is needed to pay for the construction costs.
A separate fund and fund number is recommended for the proceeds of the bond.
Special Fund Numbers
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Special Fund Numbers and Account Numbers
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Special Fund Numbers and Account Numbers
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Receive money from bond sale and create an Investment
Receipt the money into CTAS,
Create an Investment in CTAS,
Make a deposit into the investment with the new Fund number.
Besure, to handle the IAD entry.
Questions?
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Contact info:�dframe@mntownships.org 763.488.4050�or �MAT Office 763.497.2330
David Frame
MAT Trainer
Small City and Town Accounting System
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Thank You� for taking the time to attend
CTAS - Small City and Town Accounting System
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Small City and Town Accounting System
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Select Claims to Print
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