Functions and Activities

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This page was last updated on May 05, 2021.

Cash Forecasting and Reporting

Cash forecasting requirements instruct agencies to report to Treasury, in advance, transactions that will significantly affect Treasury’s General Account (TGA) and Treasury’s Tax and Loan (TT&L) accounts.

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This page was last updated on November 28, 2022.

Treasury Reporting

Treasury reporting ensures required financial reports, prepared statements of accountability, and foreign currency reports can be traced to general ledger account balances.

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This page was last updated on May 11, 2021.

Performance and Operational Reporting

Performance and operational reporting requires general ledger information for agency-specific financial reports and verifies required financial reports can be traced to general ledger account balances.

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This page was last updated on May 11, 2021.

Financial Statement Preparation

Financial statement preparation ensures financial statements and footnotes are documented as required by OMB Circular A-136

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This page was last updated on December 14, 2022.

Compliance Reviews

Compliance review guidance varies depending on whether the disbursement type is a benefit or federal entity payment. Additionally, Executive Order 13224 prohibits transactions with persons who commit, threaten to commit, or support terrorism. OFAC maintains the list of individuals who are included in this executive order.

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This page was last updated on January 31, 2023.

Reporting Payments

All federal entities, either using Treasury Disbursing Office (TDO) services, or operating as a Non-Treasury Disbursing Office (NTDO) have payment reporting requirements to support disbursement and financial reconciliation activities.

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This page was last updated on March 03, 2023.

Payment Issue Resolution

When a disbursement is not successful, 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.

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This page was last updated on February 14, 2023.

Procurement Management

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.

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