Misc.

Problem Items to be Researched

GL ACCOUNT # 92.1120

CHECK # OR
STMT DATE SYSTEM AMT BANK AMT AMT DIFF "DEPOSIT" NOTES
A B CK = A-B
DEP = B-A
JE to be reclassed Cr-92.1120 Dr-500.1120.B
JE posted & reveresed in 02/20 Email lina 03/31/20
10/31/2019 (3,515.00) (3,515.00) 9283966 Chk# 9283966 billed in Micro Account
2/29/2020 (2,199.78) 2,199.78 chk's not in C1 List report
(11,947.57) 11,947.57 chk's not in C1 List report
(582.00) 582.00 chk's not in C1 List report
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00

11,214.35 TOTAL
J
 YD170G1 COPART 3/02/20
ASJABEEN Check Control Maintenance 23:10:15
700 CORP-DALLAS Payment Information Review
Yard 092 MO - SPRINGFIELD
Pmt# 09816729808 Date 09/27/19 Payment Total 3,515.00
Check 09283966 COMPLETED-PRINT Date 10/08/19 Check Amount 3,515.00
Bank Nbr 071923284 Acct# 8765431435 Name BOFA MICR 92
RECONCILED 10/18/19
Payee BEANS TOWING Pay Yard 092 MO - SPRINGFIELD
X Lot# Description Yard Applied Cat Typ Post Descrip G/L Date
50653319 X 14 CHEV SILVERA 092 3,515.00 PA ADV ADVANCE CHARGE 09/27/19
50653319 X 14 CHEV SILVERA 092 3,515.00- PA ADV ADVANCE CHARGE 10/22/19
50653319 X 14 CHEV SILVERA 092 3,515.00 PA ADV ADVANCE CHARGE 10/28/19

Bottom
F3=Exit F12=Previous
Amount: $3,515.00 Sequence Number: 4392512820

Account: 8765214200 Capture Date: 10/17/2019

Bank Number: 71923284 Check Number: 9283966

Electronic Endorsements:

Date Sequence Bank # Endrs Type TRN RRC Bank Name

10/17/2019 004392512820 71923284 Pay Bank N BANK OF AMERICA NA

10/17/2019 9757624945 61000146 Undetermined N FED RES BK OF ATLANT

10/16/2019 722914210000038 101111704 Rtn Loc/BOFD Y LABETTE BANK

Asfiya Jabeen

From: Asfiya Jabeen

Sent: Tuesday, January 14, 2020 4:51 PM
To: Lina Wauls
Subject: RE: Driver Fund Check under MICR Account - Yrd 92

Hi Lina,

Thank you.

Asfiya Jabeen
Sr. Accountant
Copart
91 905 50177709 Office
From: Lina Wauls <Lina.Wauls@Copart.Com>
Sent: Tuesday, January 14, 2020 4:47 PM
To: John Morris <John.Morris@Copart.Com>; Asfiya Jabeen <asfiya.jabeen@copart.com>; Sriram Muppavarapu <sriram.muppavarapu@copart.com>; Darlene Vangieson
<Darlene.Vangieson@Copart.Com>
Subject: RE: Driver Fund Check under MICR Account - Yrd 92

HI Paul,

Yes a journal entry still needs to be completed. I will make sure its posted on 1/31/20:

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Lina Wauls
Bank Rec. Support Clerk
Copart
(707) 387-0597 ext 912200 Office

From: John Morris <John.Morris@Copart.Com>

Sent: Monday, January 13, 2020 2:44 PM
To: Asfiya Jabeen <asfiya.jabeen@copart.com>; Sriram Muppavarapu <sriram.muppavarapu@copart.com>; Darlene Vangieson <Darlene.Vangieson@Copart.Com>

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Cc: Lina Wauls <Lina.Wauls@Copart.Com>
Subject: FW: Driver Fund Check under MICR Account - Yrd 92

Please see below. Looks like we need a reclass between 92 and 500.1120.A due to a check-swap issue. Please make sure this is taken care of.

Lina – can you take a look at the actual exception (or what’s left of it) so that we can make sure everyone is trained not to do this?

Thanks,

John Morris
Bank Reconciliation Supervisor
Copart
(707) 646-2134 Office
(707) 639-5155 Fax

From: Deb Wear <Deb.Wear@Copart.Com>

Sent: Friday, January 10, 2020 5:20 PM
To: John Morris <John.Morris@Copart.Com>
Cc: Simon Rote <Simon.Rote@Copart.Com>
Subject: FW: Driver Fund Check under MICR Account - Yrd 92

Paul,

Maria C. from the IT Helpdesk asked me to look into a couple of DF/MICR check issues for her. One of them was for Yard 92, and ended up being a regular DF check somehow
recorded in the MICR account in error. This was due to a check swap done incorrectly based on a yard request.

The problem for BREC now is that the DF check (#9283966 for $3515) cleared the DF bank account but has been reconciled under the MICR account in CAS and I don’t see where a
JE was done to reclass it back. As of the NOV recon it is still showing as an exception item for 92.1120 and needs to be reclassed from 500.1120.B.

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Regards,

Deb Wear
Senior SEC Compliance Auditor
Copart
(707) 646-2130 Office