16. Run the USAEMSEDT program - from your "B" account
Expand title AOS bulletin 2015-004, the Single Audit threshold has been updated from $500,000 to $750,000 in the Federal Assistance Summary option Warning
An update has been made to the USAEMSEDT program back in FY2016 per AOS bulletin 2015-004, the Single Audit threshold has been updated from $500,000 to $750,000 in the Federal Assistance Summary option. Be sure your Federal Assistance Summary record is set properly. Below is a screenshot of changing the flag on the Federal Assistance Summary record.
Menu> usaemsedt This program allows entry of miscellaneous information required for EMIS reporting. *** Main Menu *** 1 - Cash Reconciliation 2 - Federal Assistance Programs - Summary 3 - Federal Assistance Programs - Detail 4 - Civil Proceedings 5 - Exit Program ***System Manager Only*** 6 - Change flags Enter option < 5>: _ 2 *** Federal Assistance Programs - Summary *** Enter Option (A/C/D/L/R/E/? <?>): _ c Federal Assistance Programs Summary 1. Entity : SARA LOCAL SCHOOLS 2. County : HENRY 3. Fiscal Year End : 2019 4. Total Federal Expenditures This Fiscal Period: Under $750,000 5. Comments: Enter field number to change or <CR> if no change: _ Enter '9' to display record. 4 Total Federal Expenditures This Fiscal Period: Do you have $750,000 or more in Federal Expenditures this Fiscal Period (Y/N <N>):_