The Bureau of the Fiscal Service provides federal financial management (FFM) updates to agencies and industry providers throughout the year that support executing financial processes, reporting and other activities. We also communicate updates to policies, procedures, and instructions about financial management in the federal government.

We’re working to coordinate our communication of these updates to better enable you, our stakeholders, to disseminate this information in your organizations and plan any needed changes to processes or systems.

We'll continue to look for opportunities to streamline our practices to improve your experiences.

Guidance and System Updates

Recent Additions

• The Governmentwide Spending Data Model (GSDM) v1.2 Annual Release is targeted for deployment on December 19, 2025. Updates in this release include modified data elements about financial assistance type, alignment of the Interface Definition Document (IDD) with Federal Procurement Data System (FPDS) Data Dictionary updates, and alignment with Governmentwide Treasury Account Symbol Adjusted Trial Balance System (GTAS) validations.
   

• Treasury released FY 2026 updates to the financial management business standards on November 14, 2025. The relevant components, guidance, templates, and other resources were updated accordingly. These can be found by selecting the Financial Management Capability Framework (FMCF) link under the Quick Links menu in the right navigation bar.

  Because of the recent lapse in appropriations, some other websites that refer to these materials have not been updated and may show the earlier version. We are working with those partners to make needed updates and ensure consistency. Please contact FMLoB@fiscal.treasury.gov with any questions. 
   

• Controller Alert 26-01 entitled “Revised Submission Deadlines under Circular A-136, Financial Reporting Requirements” was released on November 21, 2025.

Updates are listed in chronological order, starting with most recent.

Guidance Updates

#	Guidance Updates	Resource Links
2	U.S. Standard General Ledger (USSGL): The USSGL issues bulletins containing updates to federal accounting guidance through the Treasury Financial Manual (TFM). Fiscal Year (FY) 2026 bulletins will be issued in February 2026, June 2026, and September 2026.	USSGL Bulletins
1	Do Not Pay: The Do Not Pay team recently provided updated Do Not Pay onboarding guidance to agencies to support compliance with the Payment Integrity Information Act of 2019 (PIIAA), Executive Order 14249 and OMB Memorandum M-25-32.	Do Not Pay DoNotPay@fiscal.treasury.gov

System Updates

#	System Updates	Resource Links
2	G-Invoicing: •    Release 8.0 deployment is tentatively targeted for Production in Q1 CY 2026.	G-Invoicing
1	Fiscal Service System Re-platforming Initiative: Fiscal Service is migrating applications used by federal agencies to support reporting and transactional services to cloud platforms. We have engaged with agencies during this process, especially as testing windows approach. This work is targeted to conclude in late FY 2026.	fiscalcx@fiscal.treasury.gov

If your agency is interested in a comprehensive, agency-specific view of the re-platforming schedule to assess impact, please contact fiscalcx@fiscal.treasury.gov.

Archives of previous fiscal year updates are available by request.  Please contact FMLoB@fiscal.treasury.gov.