[ACFR-contacts-news] Compensated Absences - GL Title Changes

RIZZO Valentina * DAS Valentina.RIZZO at das.oregon.gov
Fri Feb 14 17:30:51 PST 2025


Hello ACFR Contacts!

With the implementation of GASB 101 on Compensated Absences, additional leave balances, other than vacation leave, are now included in the new standard. As such, SARS, with the help of SFMS, made some changes to the compensated absences GL titles for GL 1605 and 1718. These changes are retroactive in the system, so you will see the updated titles as you run your queries in OBIEE next week. SARS is still working through the implementation efforts for this standard and will communicate out to agencies if other changes will be made later on.

[cid:image003.png at 01DB7EF8.4BE464D0]

If there are any questions, I'm happy to chat and provide additional information.

Happy Friday!

[cid:image002.jpg at 01DB7F06.2FC17320]Valya Rizzo
Statewide Accounting and Reporting Services Manager
Office of the State Controller
Chief Financial Office
Cell: 971-900-9991
http://www.oregon.gov/DAS/financial/acctng


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