Credit Balance Reporting Completion Standard and Backlog Issues

10.9 - Credit Balance Reporting Completion Standard and Backlog Issues (Rev. 99, Issued: 06-30-06; Effective/Implementation Dates: 10-02-06) All FIs shall notify their RO regarding whether or not they are current with respect to their credit balance reporting workload. “Current” is defined as meeting the specific time frames set forth in these instructions, and the completion of all activities associated with credit balance reporting for a given calendar year quarter which is 90 calendar year days after the receipt date of acceptable CMS-838s for that quarter. • FIs are responsible for documenting the “current status” of their credit balance workloads for all quarters from January 1, 1999 to date. • Those FIs who do not have “current” credit balance workloads must submit a plan to their RO for bringing their workloads into compliance within 30 days of the issuance of this manual instruction.