Form L-2098 - Motor Fuel Terminal Operator Monthly Return (Page 3 of 9) in pdf

Form L-2098 - Motor Fuel Terminal Operator Monthly Return Page 3

INSTRUCTIONS FOR L-2098

MOTOR FUEL TERMINAL OPERATORS' MONTHLY RETURN

DUE DATE - 22nd day of the next month - A return must be filed with respect to information for the preceding calendar

month on or before the twenty-second day of the current month.

GENERAL INFORMATION - Complete all information at the top of the form including company name, address, Federal

Identification or Social Security Number, telephone number, and month and year of return. Please type or clearly print all

information.

LINE 1 -

BEGINNING INVENTORY

The actual physical ENDING INVENTORY, by product, from the prior month.

LINE 2 -

TOTAL RECEIPTS (L-2099, SCHEDULE 15A)

All fuel products received at the terminal by pipeline, transport truck, marine vessel, rail or barge shipment or

by any other means.

LINE 3 -

TOTAL GALLONS AVAILABLE FOR REMOVAL (Line 1 + Line 2)

The total of the Beginning Inventory (Line 1) plus the Total Receipts (Line 2). This represents the total gallons

available for removal from the terminal (Line 1 + Line 2).

LINE 4 -

TOTAL FUEL DISBURSEMENTS (L-2100, SCHEDULE 15B)

Total disbursements of fuel from the terminal.

LINE 5 -

GALLONS AVAILABLE (LESS DISBURSEMENTS) (Line 3 - Line 4)

This should be the Book Inventory at the end of the month. Subtract Fuel Disbursements (Line 4) from the

Total Gallons Available for Removal (Line 3).

LINE 6 -

INVENTORY ADJUSTMENT (GAIN/LOSS)

Adjustment to balance the Book Inventory to the physical Ending Inventory (Line 7). A loss should be indicated

by entering the amount in parentheses (). Gains should be entered as positive numbers.

LINE 7 -

ENDING INVENTORY

The actual physical ENDING INVENTORY taken at the end of the month. This figure will be carried forward to

next month's BEGINNING INVENTORY.

If you have any questions or need assistance completing this return, please call this office at (803) 896-1990.

44661015

L-2098 I (Rev. 10/5/12) 4466

Form L-2098 - Motor Fuel Terminal Operator Monthly Return Page 3