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  • View overall Intragovernmental Transactions

    Appendix 5 OVERALL INTRA-GOVERNMENTAL TRANSACTIONS (IGT) PROCESSES/GENERAL INFORMATION 1 November 2024 Section 1—Overview of Intra-governmental Transactions 1.1—Purpose The…
    … 1.1—Purpose The purpose of this guide is to assist federal entities in the accounting, reporting, and … must use Treasury Financial Manual (TFM) Volume I, Part 2, Chapter 4700, including this guide and the U.S. Standard … reconciliation in accordance with OMB Circular No. A-136 (revised),  Ensuring federal…
    03/06/2024 - 10:44 - Similar Pages

  • Bulletin No 202407

    … the updated questions related to TFM Volume I, Part 2, Chapter 4700 - Appendix 4 CFO Representation Form. In addition, this bulletin provides clarification on the revised/new questions on the CFO Form.   2. Authority … Department of the Treasury (Treasury) requires a ll federal entities to provide Fiscal Service with the required …
    08/29/2024 - 11:48 - Similar Pages

  • View IGT BuySell

    Appendix 8 1 November 2024 INTRA-GOVERNMENTAL TRANSACTION (IGT) BUY/SELL Section 1—Buy/Sell Transactions Reimbursable activity in which goods or services are transferred between…
    … in which goods or services are transferred between two federal entities is referred to as Buy/Sell activity. Federal … about the agreement: acquisition management and financial management. The acquisition function relates to the … and thresholds. Please refer to TFM Volume 1, Part 5, Chapter…
    03/06/2024 - 10:57 - Similar Pages

  • Disbursing

    … examples of reporting include GTAS, DATA Act, Consolidated financial statements. View Page Auditing Payments: These are … and Recovery Improvement Act of 2012 (Do Not Pay) and Management's Responsibility for Internal Control (OMB A-123). … for internal management control prescribed by the Federal Accounting Standards…
    03/04/2020 - 13:00 - 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

  • Financial Reporting

    … reporting is to provide Treasury with the necessary financial data to meet OMB requirements of a timely and … enable Fiscal Service to conduct preliminary analysis on federal entity data to facilitate preparation of the … Treasury (Treasury) , in coordination with the Office of Management and Budget (OMB), prepares the Financial…
    08/13/2020 - 12:05 - Similar Pages

  • Issuing Payments

    … government entities. Payee Setup and Maintenance Federal entities are responsible for establishing and … Not Pay).Federal entities should uniformly follow Treasury Financial Manual (TFM) rules in connection with the … with Fiscal Service there needs to be a new obligation management relationship established. Obligations…
    06/13/2020 - 19:11 - Similar Pages

  • Chapter 8000 Recovering Unclaimed Federal Financial Assets

    … This chapter provides guidance to federal agencies regarding their obligation to locate, recover, and account for unclaimed federal financial assets (“unclaimed assets”). … 11116 … Chapter 8000 …
    09/18/2023 - 13:30 - Similar Pages

  • FM Standards Annual Update Process

    The FM Standards are updated annually to ensure they are kept up to date based on: Revisions to existing or new authoritative or other references Agency recommendations Solution/service provider recommendations Updates in other standards areas that have a …
    03/06/2025 - 15:01 - Similar Pages

  • Bulletin No 202507

    … Subject:  2025 Year-end Closing 1. Purpose This Treasury Financial Manual (TFM) Bulletin provides entities with … financial reports. It includes required deadlines for Federal Entities to submit Fiscal Year (FY) 2025 financial … Suspense Account Policy Refer to TFM Volume I, Part 2, Chapter 5100 , Section 5135-…
    05/28/2025 - 08:15 - Similar Pages