In this manual, we describe a generic accounting system specifically designed for the needs of state humanities councils. Although not mandatory, the adoption ofthis system would be beneficial to council fiscal personnel by enabling the data needed for the Federal Cash Transactions Report and the Financial Status Report to be readily abstracted from the general ledger and the books of original entry. This manual also contains a sample Gifts and Matching JOlm1al, sample worksheets, and memorandum accounts that can serve as an audit trail for gift certification letters to the NEH. The system prescribed by this manual not only complies with federal requirements but also can.
