When establishing a new federal entity relationship with Fiscal Service, there needs to be a new obligation management relationship established. Obligations represent orders placed, contracts awarded, services received, and similar transactions during an accounting period that will require payment during the same, or a future, period.

These are activities that agencies preform to get funding and to be able to spend the funding. Some examples of these activities are budget formulation, setting up Treasury Account Symbols (TAS), and allocating funding to the TAS so that the funding can be spent.

The general public, government entities, businesses, and institutions can pay and collect money electronically without paper checks or cash. Mechanisms that can be used include ACH credit, ACH debit, Fedwire settlements, credit and debit cards, and Digital Wallets remotely.

Proper procurement management records obligations for both procurement and non-procurement purchases such as de-commitments/ modifications, liquidating commitments, de-obligations/ modifications, and liquidating obligations.

In order to make sure that all disbursements are legal, proper, and accurately recorded in an efficient manner, payees must follow guidelines provided by the Bureau of the FiscalService and other supporting government entities.

Proper payroll management ensures that payrolls are accurately recorded and reconciled with financial management information.

Payee Setup and Maintenance establishes and maintains federal and nonfederal payee infromation, as well as validates it against other payee information sources. Payee setup and maintenance varies by the payment type.

When a disbursment is not succesful, there are policies, procedures, and reports regarding the resolution of various payment issues. These may include payments which were identified as not received, lost, or stolen, undeliverable, returned, or subject to reclamations.

Guidance for travel management varies depending on the payment processing. For example, travel temporary duty, local payments, and travel PCS payments all have different guidance.

Interagency agreements must be properly set up to maintain customers, their agreements, and unfilled customer orders.