BIAS Help CenterFinancial Annual ReportingHow do I prepare and file the Schedule 01?

How do I prepare and file the Schedule 01?

Prepare Schedule 01 and File Online

  1. Go to Reports > Annual Reports > Schedule 01

  1. Select reporting Tax Year
  2. Click Excel to create the Schedule 01 file.  The file is already formatted for uploading to the SAO website.

Is there an error message about Duplicate Offsets?

A Duplicate Offset means that an account number has been used twice for either an interfund transfer or an interfund loan.  Offset accounts must have a one to one relationship.

  1. Go to Transactions > Chart of Accounts
  2. Look up account numbers provided in the error message and correct.  For help with offset accounts see How do I create interfund transfer accounts?

  1. Copy Excel upload file for Schedule 01 to Preparer Files folder
  2. Login to SAO Online Services and create or edit your current reporting year Annual Report to file the Schedule 01.

  1. Upload the Schedule 01 file and review flagged accounts & variances

Are there Red Flags on the Schedule 01?

Do you want to watch a video on Schedule 01 Red Flags?

Annual Report Prep-Sch 1 Red Flags from BIAS Software on Vimeo.

Resolve the flagged accounts and variances in BIAS, recreate Schedule 01 Excel file and upload again as needed. 

Note, all red flags must be corrected and all yellow flags must be explained.  It is recommended to keep explanations in your annual reporting file that it can be easily accessed when your entity is audited.

Are you a city or a town?

File DOT Annual Street/Road Finance Report

Complete on the SAO Website

Print C-4 and C-5 Statements

Print C-4 and C-5 statements from the SAO Website and save in the Preparer Files folder

Print C-4 and C-5 Statements

Print C-4 and C-5 statements from the SAO Website and save in the Preparer Files folder

Resolve the flagged accounts and variances in BIAS, recreate Schedule 01 Excel file and upload again as needed. 

Note, all red flags must be corrected and all yellow flags must be explained.  It is recommended to keep explanations in your annual reporting file that it can be easily accessed when your entity is audited.

Print C-4 and C-5 Statements

Print C-4 and C-5 statements from the SAO Website and save in the Preparer Files folder

Are you a city or a town?

File DOT Annual Street/Road Finance Report

Complete on the SAO Website

Print C-4 and C-5 Statements

Print C-4 and C-5 statements from the SAO Website and save in the Preparer Files folder

Print C-4 and C-5 Statements

Print C-4 and C-5 statements from the SAO Website and save in the Preparer Files folder

  1. Copy Excel upload file for Schedule 01 to the Preparer Files folder
  2. Login to SAO Online Services and create or edit the current reporting year Annual Report to file the Schedule 01.

  1. Upload the Schedule 01 file and review flagged accounts and variances.

Are there Red Flags on the Schedule 01?

Do you want to watch a video on Schedule 01 Red Flags?

Annual Report Prep-Sch 1 Red Flags from BIAS Software on Vimeo.

Resolve the flagged accounts and variances in BIAS, recreate Schedule 01 Excel file and upload again as needed. 

Note, all red flags must be corrected and all yellow flags must be explained.  It is recommended to keep explanations in your annual reporting file that it can be easily accessed when your entity is audited.

Are you a city or a town?

File DOT Annual Street/Road Finance Report

Complete on the SAO Website

Print C-4 and C-5 Statements

Print the C-4 and C-5 statements from the SAO Website and save in the Preparer Files folder

Print C-4 and C-5 Statements

Print the C-4 and C-5 from the SAO Website and save in the Preparer Files folder

Resolve the flagged accounts & variances in BIAS, recreate Schedule 01 Excel file & upload again as needed. 

Note, all red flags must be corrected and all yellow flags must be explained.  It is recommended to keep explanations in your annual reporting file that it can be easily accessed when your entity is audited.

Print C-4 and C-5 Statements

Print the C-4 and C-5 from the SAO Website and save in the Preparer Files folder.

Are you a city or a town?

File DOT Annual Street/Road Finance Report

Complete on the SAO Website

Print C-4 and C-5 Statements

Print the C-4 and C-5 statements from the SAO Website and save in the Preparer Files folder

Print C-4 and C-5 Statements

Print the C-4 and C-5 statements from the SAO Website and save in the Preparer Files folder

Congratulations, you are done!

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