Services to process payments, receivables, collections, and intra-governmental transactions. Activities also include establishing budget setup and maintenance services, as well as general ledger accounting, financial statement, reporting, and audit support.

Payments Processing

Commercial Accounts Payable IPP

Process AP invoices via the Invoice Processing Platform to accurately maintain customer accounts.

Commercial Accounts Payable Non-IPP

Process AP accounting transactions to accurately maintain customer accounts. This includes manual invoice processing for non IPP commercial invoices, miscellaneous payments, payment corrections, expense accruals and manual obligations. This also includes all expense accruals, excluding Travel and Purchase Card.
Miscellaneous, Foreign & Personal Services Contractor (PSC) Payments

Process miscellaneous, foreign, and PSC, ASAP obligations, and ASAP debit card accounting transactions to accurately maintain customer accounts.

Grants

Process Grant accounting transactions to accurately maintain customer accounts. This includes transaction processing for grant obligations, payment requests, receivables, collections and other entries necessary to account for grants.

Loans

Process Loan accounting transactions to accurately maintain customer accounts. This includes transaction processing for loan obligations, interest accruals, payment requests, receivables, collections and other entries necessary to account for loans.

Cash Services

Provide cash services related to depositing checks, disbursing payments to commercial payees, reporting Fund Balance with Treasury (FBwT) Activity and reconciling FBwT balances on a monthly basis.

Vendor and Employee Record Maintenance & Reporting

Maintain vendor and employee records including remittance information, monitor vendor payment eligibility and perform related reporting.

Purchase and Fleet Card Accounting

Process SmartPay purchase and fleet card invoice details for payment, record SmartPay quarterly rebates, maintain general ledger (GL) account codes in the SmartPay application, and perform monthly statement reconciliation.
 

Receivables and Collections Processing

Commercial Accounts Receivable

Process Accounts Receivable (AR) accounting transactions to accurately maintain customer accounts. This includes transaction processing for creating debtor accounts, invoices, collections, and receivable write-off transactions for non-Federal activity.

Debt Collection

Perform debt collection activities, including transferring nontax delinquent debt to Fiscal Service, as required by the Debt Collection Improvement Act of 1996 (DCIA) and the Digital Accountability and Transparency Act of 2014 (DATA) for administrative activity, such as employee and vendor overpayment. Note: Program debt collection activity is performed at the request of the customer agency with timely notification.

Intra-governmental Transaction Processing

Intra-governmental Accounts Receivable

Process Intra-governmental Accounts Receivable accounting transactions to accurately maintain customer accounts. This includes transaction processing for IPACs, Working Capital Funds, Intra-fund transfers, and Projects related activity. This also includes activity related to GTAS and TIER reporting and Analysis of Reimbursable Funds.

Intra-governmental Accounts Payable

Process Intra-governmental Accounts Payable accounting transactions to accurately maintain customer accounts. This includes transaction processing for IPAC, Intra-fund transfers, and obligations. This also includes activity related to GTAS and TIER reporting.

Budget Setup and Maintenance

Distributing legally apportioned resources within the financial system to support missions, programs, and other objectives.

Budget Processing

Process budget transactions, including appropriation warrants, continuing resolutions, apportionments, allocations, reprogramming, transfers, and rescissions.

Budget Processing Services represent the basic level of budget services available. Optional budget services, such as MAX reporting, Payroll Projection Services, and Budget Analysis are described in subsequent sections.

Budget Reporting

Provide budget reporting services including, but not limited to: funds control review and maintenance, recovery analysis, SF132, and apportionment support.

General Ledger Accounting, Financial Statements, and Compliance Support

Maintaining the customer agency's financial data and complying with Treasury and OMB reporting requirements.

Oracle Business Intelligence Extended Edition (OBI)

Part of Financial Management Systems Platform Services: Provide OBI report services in the form of standard reports, customized reports specific to the customer, as well as report maintenance and training support.

OneStream

Part of Financial Management Systems Platform Services: Provide OneStream Services including help desk, application administration, system training, system backups, and software maintenance.

OneStream XF is a cloud based solution for financial consolidation and reporting, including financial statements, notes, and reconciliations. OneStream XF provides customers the ability to see draft statements, review reports, drill down on the transactions to lower levels, and has multiple user roles available.

Payroll Accounting

Process payroll accounting files produced by an e-payroll provider using an automated interface to the financial system. ARC's interface converts the accounting information into relevant financial system codes, and maintains a detailed employee record database to support summary general ledger entries to the financial system. Automated payroll accrual and leave liability entries are also produced in the database and are summarized in the general ledger. Process entries for imputed Other Post Employment Benefit (OPEB), Federal Employment Compensation Act (FECA), and Unemployment Insurance and perform monthly payroll cash reconciliations.

Cash Services

Provide cash services related to depositing checks, disbursing payments to commercial payees, reporting Fund Balance with Treasury (FBwT) Activity and reconciling FBwT balances on a monthly basis.
Reporting

Perform reporting services which includes account maintenance, financial reporting, audit support, and general customer financial management support. Account maintenance includes ensuring accounting transactions are recorded properly using the USSGL and other attributes in accordance with reporting requirements for specific account types.

MAX Reporting

Part of Budget Reporting: Provide optional MAX reporting to assist with OMB inquiry support and reporting.

Receivable Reporting

Perform Treasury Report on Receivable (TROR) and IRS Form 1099-C, Cancellation of Debt reporting and the associated maintenance.