NH DAS - Bureau of Accounting Services - Concord, NH

Central Financial Management for the State

The Bureau of Accounting Services, operating under the New Hampshire Department of Administrative Services (DAS), is the central accounting authority for the state government. Located in the State House Annex on Capitol Street in Concord, this bureau is responsible for maintaining the state's financial records and ensuring transparency and accountability in public spending . It oversees the statewide accounting system, processes financial transactions, and prepares critical financial reports that guide legislative and executive decision-making.

Financial Reporting and Operations

A primary function of the bureau is the preparation of the Annual Comprehensive Financial Report (ACFR), which provides a detailed overview of New Hampshire's financial position. The staff manages the state's general ledger, ensuring that all revenues and expenditures are recorded accurately in accordance with Generally Accepted Accounting Principles (GAAP). The bureau also establishes statewide accounting policies and procedures that all state agencies must follow to maintain fiscal discipline .

Payroll and Accounts Payable

The Bureau of Accounting Services plays a vital role in the daily operations of the state workforce by managing the central payroll system for state employees. It ensures timely and accurate wage payments and tax withholdings. Additionally, the bureau oversees accounts payable functions, verifying that vendors and contractors are paid correctly for goods and services provided to the state . While this office primarily serves other government agencies and state employees, it ensures that the financial machinery of the state operates smoothly for the benefit of all taxpayers.

• Financial Reporting: Preparation of the Annual Comprehensive Financial Report.
• General Ledger: Management of the state's central accounting records.
• Payroll: Centralized processing of state employee wages.
• Policy: Setting accounting standards for all state agencies.