What is SOCA?

• The State's banking strategy involves recording all transactions affectingSolution

Integrated cash in –two bank
Treasury
accounts - a 'virtual' account and a 'demand' account. The virtual accounts include the
Warrant account and the various Centralized Treasury System (CTS) accounts, while the
demand accounts are accounts held at depository institutions.

• Statement of Cash Accountability is to reconcile the balances maintained in the two types
of bank accounts

• As part of SOCA we are looking to build an extension to generate/ clone accounting entries
from FISCAL under TREAS BU and then generate SOCA report for all the transactions
affecting Cash

• SOCA report will list lists ledger balances for all demand accounts, all virtual accounts, and
the reconciling items needed to explain the differences between the two types of accounts.
The balances reported for the demand accounts, the virtual accounts and for the reconciling
items are tracked in GL Accounts known as 'Accountability Accounts’.

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 Why SOCA?
Warrant Information Demand Bank
from SCO and Paid Stmt. Interface
information from STO

IPS Bank
STO Stmts
FI$CAL
Legacy STO - IPS CM
1.LAIF
2.ZBA
3. Wire GL
Transactional SCO
Outbound 4.Bank Recon Legacy
Interface 1. SOCA
AR Balances
1. Deposit Slips SOCA
Transactional 2. Investments
LAIF Outbound/ 2. STO JE 3. Receivables
FED Inbound 3. Offsets 4. Custodial
EDF Interface 4. DT Balances
5. Payrolls 5. Loans
AP
1. Demand
Checks
2. Warrants
3. Dept Check

Deferred/Exempt
Departments Outbound/
Inbound
Interface

SOCA Line
Demand Deposits
Fiscal Agent & Custodial Deposits
Pooled Money Investments
Accounts Receivable
Fund Cash
Agency Bank Accounts
Expected Statement of Cash
Accountability Solution
Description
All GL Demand Cash Accounts configured for Demand, ZBA, Presort, RIA and
Integrated
LAIF. These Account balances will be impacted Solution
by transactions – Treasury
whenever
Deposit slip, STO Journals, Demand Checks, Outgoing Wires, Bank Transfers
These balances will be manually keyed by STO in GL directly
Time Deposits, PMIA Investment balances will tracked based on the transactions
keyed in AP,AR and CM. Lower level Details for PMIA investments will be
recorded using INFLA001. AP/AR entries to track balances will be recorded via
EXTGL120 and new extension. Loan accounting balances will be tracked in Loan
accounting module
These balances will be manually keyed by STO in GL directly
Balances in Cash in State Treasury, Pending Cash accounts and SMIF account in
Statewide BU.
These accounts are hit during cash validation takes place. For e.g. Voucher
Payments, Interface Payments from SCO, Payment Cancellation SCO and
Voucher, Journal Vouchers, Registered Warrants, Online and SCO interfaced
Journals, AR Direct Journals and Customer Payments, Bond Fund Transfers,
Labor distribution, Loan Accounting, Funds Distribution. These balances needs
to be copied under TREAS BU using EXTGL120,LA module and new extension for
AR/GL
Balances of General Cash, ORF Fund Cash Account and Agency Trust in Dept BU.
This will also include Outstanding Agency Checks whose balance will be created
by EXTGL120 and balances for AR and GL needs to be tracked via new extension

SOCA Line
Uncleared Collections
Outstanding Warrants
State Bonds & Coupons Payable
Accounts Payable
Expected Statement of Cash
Accountability Solution
Description
Uncleared collection balance will be impacted every time
Integrated STO will –
Solution key in STO JE
Treasury
in the system, Uncleared collection balance will be cleared by STO when
payment application happens via INFCM039 and manually in the system. These
entries need to be tracked in TREAS BU for which new extension needs t be
designed
Outstanding warrant liability balance will tracked via EXTGL120
These balances will be manually keyed by STO in GL directly, these balances are
made up of Fiscal agents & Custodial Deposits and Bond holder balances
These balances will be manually keyed by STO in GL directly under TREAS BU
 Missing Statement of Cash
Accountability Extensions/Interfaces
• Extension for tracking balances in TREAS BU AR Payment application/Reclassification
Integrated Solution – Treasury
• Extension for tracking AP liability balances in TREAS BU(EXTGL120)

• Interface to track PMIA Investment Balances at detailed level in TREAS BU

• Loan Accounting

List of Transactions/ User stories for SOCA

Microsoft Excel
Worksheet