Amount to Fund Charitable Donation Accounts
Acct Code |
Description |
Tip for pulling data stored in CU*BASE |
789H |
Report the recorded value of investments in Charitable Donation Accounts allowed under Section 721.3(b)(2) of the NCUA Rules and Regulations (if FCU) or other similar state provisions.
|
One possible method is to run Tool #408 Investment Trial Balance Report by quarter end date. This can be a General Ledger balance from your credit union balance sheet. Obtain the balance of the G/L account as of quarter end. If these investments are tracked manually, refer to your internal report. |
|
One or more automation routines are available for this Account Code. Click to select from the available routines and configure the data. |
|
The NCUA provides detailed descriptions on the Call Report Account Codes in their comprehensive Call Report Instructions available with the current Call Report on the http://www.ncua.gov website.
For more information about the 5300 Call Report Software, open the book.