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  • Federal Financial Management Updates

    … System Updates Recent Additions Proposed updates to the FM Standards for the second quarter of our FY 2027 release schedule are posted on Regulations.gov for review and comment. Changes in this … was published March 31, 2026.    The FY 2025 Financial Report of the U.S. Government was published March 19, 2026.   …
    11/15/2024 - 17:09 - Similar Pages

  • Quick Reference Guide for Core FS Capability Demonstrations

    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 … Plan, which consists of six (6) business scenarios based on FIBF FFM use cases, functions and activities, and system … two days should include one break each day and depending on timing, may require an additional break for lunch. Time …
    05/20/2024 - 18:53 - Similar Pages

  • Read the release notes for a summary of changes

    Governmentwide Spending Data Model (GSDM*) November 2023 Release * Formerly knowns as the DATA Act Information Model Schema (DAIMS) Significant Changes 1. Rebrands DAIMS as the…
    … impact all DAIMS documents and should have minimal impact on agencies. 2. Adds new data element Program Activity … which will be required in FY25 P01/02, will address GAO concerns regarding COVID-19 pages on USAspending.gov. 4. … File A. 5. Provides guidance to agencies on how to report Congressional Districts…
    03/27/2025 - 17:09 - Similar Pages

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

    … transition from ETS2 to ETSNext and give agencies guidance on how to prepare for and complete the transition. The ETS2 master contracts expire on June 3, 2027, and agencies will need to adopt ETSNext no … each agencies’ prioritization for financial management (FM) systems integration. More information about the …
    05/14/2024 - 18:14 - Similar Pages

  • FMCF FY 2026 Release Notes

    Page 1 of 2 FMCF FY 2026 Release Notes November 14, 2025 Treasury’s Bureau of the Fiscal Service (Fiscal Service) updated the Financial Management Capability Framework (FMCF) to align…
    … Information Exchanges (BIEs). Page 2 of 2 • Aligned with FM Authoritative and Other Reference changes FMCF components … Exchanges (BIEs)  Core FS Pre-Built Business Reports  FM Provider Service Measures. • Incorporated Cyber and IT Supply Chain Assurance Added FM Solution/Service Evaluation Criteria indicator to address …
    11/07/2024 - 11:30 - Similar Pages

  • GSDM Update Notes

    Page 1 of 5 TREASURY UNCLASSIFIED // EXTERNAL Governmentwide Spending Data Model (GSDM1) v1.2 Release Notes December 19, 2025 The GSDM 2025 v1.2 Annual Release incorporates the…
    … Republic of Palau (PW), Federated States of Micronesia (FM), and Marshall Islands (MH) will be reclassified as … Program Activity Reporting Key (PARK): Provides guidance on the Exception Request System (ERS) and enhances the Data … zeros in new Excel document prompts. Warning & Error Report Specification (WERS) The WERS captures the…
    12/16/2025 - 10:08 - Similar Pages

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

    … contact:  AmericasBankAccountEO@treasury.gov   Overview On March 25, 2025, the President signed Executive Order (EO) … to identify potential challenges or compliance risks and report operational or statutory implementation barriers to … on September 10, 2025. Core Financial Management (FM) System Consolidation  •    CFO Act…
    06/11/2025 - 14:52 - Similar Pages

  • Working Groups

    … Overview Inter-agency working groups that focus on emerging issues, new requirements and changes that may … groups to:  Provide information and solicit feedback on emerging FFM topics, standards and guidance Develop … There are four working groups: a Financial Management (FM) Working Group that focuses on broad-scale FFM topics…
    07/02/2025 - 10:56 - Similar Pages

  • FM QSMO Customer Journey Map

    Customer Journey Map | Engaging with the Financial Management Quality Service Management Office Background: The Department of the Treasury is the Office of Management and Budget (OMB)…
    … Office (QSMO) for core financial management. The FM QSMO is helping agencies by: • Managing a marketplace of … This Map Shows: How an agency customer can engage with the FM QSMO to assess their needs and acquire an FM solution or service. Use This Map To: • Understand the …
    05/20/2024 - 18:53 - Similar Pages

  • FM Marketplace Benefits and Guidance on Agency Use

    Page 1 of 2 FM Marketplace Benefits and Guidance on Agency Use The FM Marketplace should be the first stop for agencies to obtain compliant financial management solutions and…
    … Page 1 of 2 FM Marketplace Benefits and Guidance on Agency Use The FM Marketplace should be the first stop for agencies to … customers and OMB directs agencies to engage with the FM QSMO to determine a path for using the Marketplace. … FM Marketplace Benefits and Guidance on Agency Use …
    07/09/2024 - 18:14 - Similar Pages