The General Ledger Department is responsible for Board of County Commissioners accounting functions related to General Ledger, Fixed Assets, Accounts Receivable, and Utility operations. It performs Board banking functions, many through on-line services, including electronic transfers, account reconciliation, and dishonored check processing, as well as the movement of funds for investment. The Department interfaces with other departments in the Clerk's Office and with Board of County Commissioners operating departments. Among its many other functions, the Department: records transactions and balances numerous Board accounts to related reports; processes refunds; prepares Sales Tax Reports and remits taxes collected to the State of Florida; allocates interest earned on investments and deposits to the various funds of the Board; and tracks County fixed assets through the recording of additions and deletions, tagging, and the annual physical inventory.