Cal. Code Regs. tit. 2 § 1061.10
Current through Register 2024 Notice Reg. No. 41, October 11, 2024
Transactions which correct a previously recorded transaction of the current period are posted directly to the account affected. Recovery of costs from insurance or damage settlements shall be credited against the account charged with costs of repairing the damage. If desired, such costs and recoveries may be initially collected in clearing accounts, and the difference subsequently posted to the operating accounts.
Cal. Code Regs. Tit. 2, § 1061.10