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Texas Government Code - GOV'T § 404.066. Ledger

Current as of January 01, 2024 | Updated by Findlaw Staff

(a) The general ledger kept by the comptroller shall contain accounts for each fund.  Those accounts shall be credited with the existing balances and the daily totals of deposits.  Warrants issued and electronic funds transfers shall be charged daily to the fund accounts.

(b) The ledger shall contain control accounts for cash, depository banks, bonds, interest, securities, warrants payable, and other necessary accounts.  Postings shall be made to the ledger daily.

(c) The ledger shall be balanced daily.

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Cite this article: FindLaw.com - Texas Government Code - GOV'T § 404.066. Ledger - last updated January 01, 2024 | https://codes.findlaw.com/tx/government-code/gov-t-sect-404-066/

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