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RA and OA Accounts

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RA and OA Accounts To demonstrate the effect of life- to- date accounting on account balances based on account type. Account Definition RA account is conditionally ... – PowerPoint PPT presentation

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Title: RA and OA Accounts


1
RA and OA Accounts
  • To demonstrate the effect of life- to- date
    accounting on account balances based on account
    type.

2
Account Definition
  • RA account is conditionally assigned arrears.
    The RA account will contain only those arrearages
    which do not exceed the UPA. All payments applied
    to the RA account, disburse to the family with
    the exception of Federal Tax Offset payments.
    Ftax payments will be retained by the State to
    reimburse the state and federal government up to
    the UPA balance.

3
UPA 36,952.00
  • Case type/subtype NA/FR
  • Current SOA- 75.00/m
  • PA Balance 5062.00
  • CA Balance 3849.00
  • CC Balance 75.00

4
UPA 36,952.00
  • Case type/subtype changed to AF/AR
  • Current SOA- 75.00/m
  • PA Balance stays 5062.00
  • CA Balance moves to the OA account
  • OA Balance 3849.00
  • PC Balance 75.00

5
UPA 36,952.00
  • Case type/subtype changes back to NA/FR
  • Current SOA- 75.00/m
  • PA Balance 5062.00
  • OA Balance moves to the RA account
  • RA Balance 3849.00
  • CC Balance 75.00

6
UPA 36,952.00
  • NA/FR CC 75.00/m CA 3849.00 PA
    5062.00
  • AF/AR PC 75.00/m OA 3849.00 PA
    5062.00
  • NA/FR CC75.00/m RA 3849.00 PA
    5062.00

7
UPA 36,952.00
NA/FR CC-75/M CA3849.00 PA5062.00
AF/AR PC-75/M OA3849.00 PA5062.00
NA/FR CC-75/M RA3849.00 PA5062.00
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