B-45109, MAY 17, 1967
Highlights
THE LETTER STATES THAT PAYMENT ERRORS UPON REDEMPTION OF THESE INSTRUMENTS ARE EXPECTED. THE BUREAU OF THE PUBLIC DEBT WILL MAINTAIN RECORDS OF CASES SUBJECT TO ADJUSTMENT IN THE SAME MANNER AS THOSE MAINTAINED FOR UNITED STATES SAVINGS BONDS NOW BEING FUNCTIONED THROUGH DEPOSIT FUND ACCOUNT 20X6718. WE HAVE NO OBJECTIONS TO THE TREASURY DEPARTMENT PROPOSAL FROM AN ACCOUNTING OR AUDITING VIEWPOINT AND GIVE OUR APPROVAL FOR ITS IMPLEMENTATION.
B-45109, MAY 17, 1967
TO THE SECRETARY OF THE TREASURY:
BY LETTER OF APRIL 20, 1967, THE FISCAL ASSISTANT SECRETARY PROPOSED USE OF DEPOSIT FUND ACCOUNT 20X6718 TO CREDIT UNDERPAYMENTS AND CHARGE OVERPAYMENTS OF ONE DOLLAR OR LESS DISCOVERED IN THE AUDIT OF PAID UNITED STATES RETIREMENT PLAN BONDS AND UNITED STATES SAVINGS NOTES.
THE LETTER STATES THAT PAYMENT ERRORS UPON REDEMPTION OF THESE INSTRUMENTS ARE EXPECTED, AND USE OF THE SMALL DIFFERENCES ACCOUNT WOULD BE SOUND AND ECONOMICAL. THE BUREAU OF THE PUBLIC DEBT WILL MAINTAIN RECORDS OF CASES SUBJECT TO ADJUSTMENT IN THE SAME MANNER AS THOSE MAINTAINED FOR UNITED STATES SAVINGS BONDS NOW BEING FUNCTIONED THROUGH DEPOSIT FUND ACCOUNT 20X6718.
WE HAVE NO OBJECTIONS TO THE TREASURY DEPARTMENT PROPOSAL FROM AN ACCOUNTING OR AUDITING VIEWPOINT AND GIVE OUR APPROVAL FOR ITS IMPLEMENTATION.