Accounting news
| Publication Date | Title | |
|---|---|---|
| June 27, 2025 |
WAAM Chapter 160 – Accounts Receivable is now available We are excited to announce the draft version of Chapter 160 – Accounts Receivable is available for review in WAAM (Washington Administrative and Accounting Manual, which will replace SAAM when the state moves to Workday). Many of the state’s policies regarding accounts receivable remain unchanged, and therefore WAAM Chapter 160 – Accounts Receivable includes several sections previously included in SAAM such as agencies’ responsibilities, required documentation, and the collection process. These sections of WAAM apply to ALL state agencies. |
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| June 27, 2025 |
Lease & SBITA Year-End Reminders It’s hard to believe it’s already been three years since we implemented GASB 87 for leases and two years since we implemented GASB 96 for SBITAs! This will be our second year utilizing DebtBook and we are hopeful the process will be much smoother for agencies. As a reminder, annually agencies need to make sure they accomplish the following: |
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| May 30, 2025 |
Workday Statewide Supplier Registration Process OFM has released WAAM Chapter 90 – Statewide Customers and Suppliers which provides more details about the process to register Statewide Customers and Suppliers. Suppliers are required in Workday to process payments using a Supplier Invoice. Like statewide vendors today, Suppliers are set up and governed by the Office of Financial Management Statewide Registration Desk. |
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| May 27, 2025 | SAAM Directive 25A-02 issued May 27, 2025 | |
| May 16, 2025 |
Introducing “News from Statewide Accounting” In an effort to provide more timely communication, Statewide Accounting is excited to announce a new format for our newsletter, News from Statewide Accounting. Statewide Accounting has been providing information to agencies via The Connection Newsletter for many, many years. Times have changed, and it’s time for our beloved newsletter to change as well. |
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| May 16, 2025 |
WAAM Chapter 80 – Foundation Data Model is now available We are excited to announce that a draft version of Chapter 80 - Foundation Data Model (FDM) is available for review in WAAM (Washington Administrative and Accounting Manual, which will replace SAAM when the state moves to Workday). |
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| April 30, 2025 | 2024 Single Audit Report issued April 30, 2025 | |
| January 8, 2025 | SAAM Directive 25A-01 issued January 8, 2025 | |
| December 23, 2024 | 2024 Annual Comprehensive Financial Report issued December 23, 2024 | |
| October 2, 2024 | SAAM Directive 24A-05 issued October 2, 2024 |
