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An internal service fund is a fund used in governmental accounting to track goods or services shifted between departments on a cost reimbursement basis. An example of an internal service fund is a maintenance department that provides equipment maintenance services to other departments.

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Ana McGrath

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what is an internal service fund

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Q: What are some examples of an internal service fund?
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What accounting problems arise if an internal service fund is operated at a significant profit?

Additional problems arise if the internal service fund has significant positive (or negative) operating income. Operating income is the excess of service revenues over the costs of providing the service (i.e., operating expenses). Consider the case of an internal service fund servicing police, fire, and other vehicles used in departments reported in the General Fund. If the internal service fund has positive operating income, the expenditures reported in the General Fund exceed the true cost of operating the government. If these amounts are significant over periods of time, some of the accumulated surplus (fund balance) of the General Fund is effectively shifted to the internal service fund (net assets).


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What are some examples of service firms?

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What are some examples of internal forces?

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What is an internal peripheral?

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What are some examples of internal and external influences on phenotype?

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What are some examples of internal energy?

The movement of Atoms as they attract, move and repel.


What are peripherals devices?

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Which of the following is an example of an internal peripheral?

graphics card


What is a full service city?

A city that provides locally controlled police, fire and public works services through their general fund budget. Some cities also have sewer districts fund through an enterprise fund.


What are examples of internal business environment?

i dont knowidont understandask some one else


What are the characteristics of your internal customers?

The characteristics of your internal customers are many. One is that they are within your business and they provide some type of service to your business.