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  • Financial Management Standards

    … and ensure consistency. Application of standards into financial systems and processes helps to ensure … reporting and leads to automation and cost savings for federal agencies.  The federal financial management standards …
    05/12/2021 - 14:58 - Similar Pages

  • Section 9 Glossary

    … Service) to terminate the check reclamation because the financial institution's liability for the reclamation was deemed inappropriate. Administrative … debit is a process that debits the financial institution's Federal Reserve master account for the full amount of the …
    07/16/2021 - 17:09 - Similar Pages

  • Annual Reporting

    … provides the reporting and certification requirements for the Department of the Treasury (Treasury) financial reporting systems including Central Accounting … the Legal Representation Letter that must accompany each federal entities audited financial statements used to develop …
    08/02/2021 - 08:02 - Similar Pages

  • TFM Migration Fact Sheet

    TFX: Your New Home for the Treasury Financial Manual Who is TFX for? TFX was initially designed to support anyone who references the TFM. We are now expanding the platform to be a one-stop-shop…
    … TFX: Your New Home for the Treasury Financial Manual Who is TFX for? TFX was … of TFM for users who prefer to navigate by Volume and Chapter. • Mirrors current TFM format. • Minor updates/fixes …
    03/25/2024 - 23:40 - Similar Pages

  • Invitation to Comment Proposed Updates to Federal Financial Management Business Standards

    … The Federal Financial Management (FFM) business standards, part … Framework (FMCF), are available on Regulations.gov for public comment through August 19, 2024.  The FMCF is used …
    07/11/2024 - 12:03 - Similar Pages

  • FM Standards Annual Update Process

    … are kept up to date based on: Revisions to existing or new authoritative or other references Agency recommendations … plans, researches, and prepares the FM Standards updates for Business Standards Council (BSC), public review, and OMB … plans, researches, and prepares the FM Standards updates for Business Standards Council (BSC), public review…
    03/06/2025 - 15:01 - Similar Pages

  • Read the release notes for a summary of changes

    * Formerly knowns as the DATA Act Informa�on Model Schema (DAIMS) Page 1 of 3 Governmentwide Spending Data Model (GSDM*) v1.0.1 Maintenance Update Notes April 11, 2024…
    … minor improvements: one which will allow the capability for agencies to submit older, backlogged awards, and the … will align GSDM to OMB and GTAS requirements regarding two new USSGL accounts that were added to the SF-133 in FY23. A … Specifica�ons (RSS), Valida�on Rules, and Prac�ces and Procedures. A highlighted subset of changes for…
    03/27/2025 - 17:09 - Similar Pages

  • IntraGovernmental Transactions

    … Intra-governmental Transactions (IGT) occur when federal entities perform activity with one another. There are many situations that require specific transactions for recording and reporting transactions for the government-wide financial statements. General IGT Processes This section …
    10/17/2023 - 00:41 - Similar Pages

  • Invitation to Comment Proposed Updates to Federal Financial Management Capability Framework FMCF

    … Proposed updates to the Financial Management Capability Framework (FMCF) for FY 2026, which include the Federal Financial Management (FFM) business and data …
    07/08/2025 - 11:07 - Similar Pages

  • PDF File

    Part 1 SUPPLEMENT Line No. USSGL Acct. USSGL Account Title Begin/ End Fed/ NonFed Exch/ Nonexch Reporting Type Code Addl. Info. 1 2 2 571400 Accrual of Amounts Receivable from…
    … (RC) detail information, see TFM Volume 1, Part 2, Chapter 4700, Agency Reporting Requirements for the Financial Report of the United States Government. 3 Reported … the result of subtracting line 14 from line 9. Net cost of operations This line is the sum of lines 11 and 13. …
    03/08/2024 - 17:04 - Similar Pages