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Accounts Payable (AP): Agency Month end processing1. Review Vouchers that are in Voucher Build Error Status Navigation: Accounts Payable Vouchers Maintain Voucher Build Error Detail 1. Voucher Build
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Escheatment and month end is a process where unclaimed or abandoned property is turned over to the state, typically done at the end of each month.
Businesses and organizations holding unclaimed funds or property are required to file escheatment and month end reports.
Filling out escheatment and month end involves gathering information on unclaimed funds or property, preparing a report, and submitting it to the appropriate state authority.
The purpose of escheatment and month end is to reunite unclaimed property with its rightful owner and prevent businesses from holding onto funds indefinitely.
Information such as the amount of unclaimed funds, the nature of the property, and attempts to contact the owner must be reported on the escheatment and month end filing.
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