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  • Working Groups

    … groups that focus on emerging issues, new requirements and changes that may impact federal financial management … There are four working groups: a Financial Management (FM) Working Group that focuses on broad-scale FFM topics and … by visiting their respective webpages on Connect.gov: FM Working Group Momentum Working Group…
    03/06/2025 - 14:58 - Similar Pages

  • Auditing Payments

    … Agencies issuing and receiving disbursements must make sure they are following … Thorough auditing preparedness involves internal controls and compliance review. Internal Controls Properly implementing standard internal control and compliance assurance procedures includes following basic …
    06/16/2020 - 19:52 - Similar Pages

  • GSA issues Bulletin ETS 2401 Transition to EGov Travel Service Next Generation ETSNext

    … agencies of the upcoming transition from ETS2 to ETSNext and give agencies guidance on how to prepare for and complete … each agencies’ prioritization for financial management (FM) systems integration. More information about the … each agencies’ prioritization for financial management (FM) systems integration. More information…
    05/14/2024 - 18:14 - Similar Pages

  • Financial Management Line of Business FMLoB

    … FMLoB Mission The mission of the FMLoB is to improve and advance financial management business processes, … FMLoB Initiatives and Activities FFM Working Groups FM Standards Annual Update Process   Monitoring the FFM … FMLoB Initiatives and Activities FFM Working Groups FM Standards Annual Update Process  …
    03/06/2025 - 15:30 - Similar Pages

  • Implementation of Executive Orders on Americas Bank Account EO 14247 and 14249

    … 25, 2025, the President signed Executive Order (EO) 14247 and EO 14249 , directing the U.S. Department of the Treasury … to fraud prevention data.  Core Financial Management (FM) System Consolidation  CFO Act agencies are required to consolidate their core FM systems using Treasury-approved solutions via the FM …
    06/11/2025 - 14:52 - Similar Pages

  • About the TFX

    … TFX Features TFX was developed to provide a more efficient and modern user experience. TFX offers several improvements, … the Treasury Financial Manual (TFM), Financial Management (FM) Standards, US Standard General Ledger (USSGL) and more resources, such as the FM QSMO webpage, coming soon! Who is TFX for? TFX was …
    04/01/2020 - 14:00 - Similar Pages

  • Prepare for the Core FS Operational Capability Demonstrations OCDs with the OCD Quick Reference Guide

    FM QSMO Core Financial System Operational Capability Demonstrations Vendors proposing Core Financial System (Core FS) solutions under SIN 518210FM must conduct an Operational Capability…
    … FM QSMO Core Financial System Operational Capability … business scenarios based on FIBF FFM use cases, functions and activities, and system requirements • Business scenarios, … participation) will be considered on a case- by-case basis FM QSMO evaluation of Core FS OCDs includes both the live …
    05/20/2024 - 18:53 - Similar Pages
  • Federal Financial Management Business Use Cases for Procure-to-Pay January 12, 2018…
    … PURPOSE Treasury’s Office of Financial Innovation and Transformation (FIT) is the Line of Business (LoB) … Procure-to-Pay Business Scenario(s) Covered • Invoice into FM Solution • Three-Way Match Business Actor(s) Procurement … the vendor before and the vendor has been set up in the FM system. 9. A federal agency has ordered…
    09/02/2020 - 16:38 - 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…
    … single source for federal financial management policy and resources. Our resources include the TFM, Financial Management (FM) Standards, and more coming soon! TFX is here! Treasury … has been working to reimagine the financial management (FM) experience. Need more information? For any additional …
    03/25/2024 - 23:40 - Similar Pages

  • Read the release notes for a summary of changes

    Page 1 of 2 FMCF FY 2025 Release Notes November 15, 2024 Treasury’s Bureau of the Fiscal Service (Fiscal Service) updated the Financial Management Capability Framework (FMCF) to align…
    … Standards, feedback from Other Lines of Business (LoB), and feedback received from federal agencies and industry … • Increased alignment with current and emerging FM Authoritative and Other References FMCF components include … Use Capabilities (FFMSRs)  FFM Business Data Elements  FM Provider…
    11/07/2024 - 11:30 - Similar Pages