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MRSC Insight Blog


Posts for Accounting

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Handling Payroll Overpayments

September 27, 2023  by  Eric Lowell
Category:  Accounting

What happens when an employee is accidentally paid a higher salary for several months or even several years? It could raise concerns about gift of public funds. Local governments must be careful to follow the processes outlined in the statutes when handling payroll overpayments.

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What’s New with Form 1099?

January 7, 2021  by  Eric Lowell
Category:  Accounting ,  Financial Reporting

This blog discusses new changes to Form 1099 and Form 1096.

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New Guidance in Accounting for and Reporting Leases

November 4, 2019  by  Mike Bailey
Category:  Accounting ,  Financial Reporting ,  Revenues

This blog post looks at the new standards the Governmental Accounting Standards Board has released regarding accounting for and reporting leases. 

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Financial Policies: Travel, Expense Reimbursement, Credit Cards, and More

July 8, 2019  by  Mike Bailey
Category:  Accounting ,  Financial Management

MRSC has partnered with the State Auditor’s Office (SAO) Center for Government Innovation to expand the Financial Policies Tool Kit we first launched two years ago. This blog post covers some of the highlights.

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Past Due Payments and Use of Collection Agencies

March 4, 2019  by  Oskar Rey
Category:  Accounting ,  Utilities - Billing and Collection

This blog post provides an overview of the requirements for use of a collection agency and will address some frequently asked questions that arise when doing so. 

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