New York Codes Rules Regulations (Last Updated: March 27,2024) |
TITLE 16. Department of Public Service |
Chapter V. Waterworks Corporations |
Subchapter E. Uniform Systems of Accounts |
Article 2. Classes C and D |
Part 578. Instructions—Operating Revenue Accounts |
Sec. 578.2. Basis of credits to operating revenue accounts
Latest version.
- Credits to the operating revenue accounts shall be made on the basis of the net tariff rates. Discounts forfeited for delayed payments shall be credited to account 1613, Customers' Forfeited Discounts. Corrections of overcharges and overcollections theretofore credited, authorized abatements and allowances, and other corrections shall be charged to the revenue accounts to which they relate.