This part prescribes procedures that Federal Reserve Banks (FRBs) use for processing credits and debits to Treasury's General Account (TGA) and specific reporting needs of the Bureau of the Fiscal Service.

This chapter prescribes the procedures to be used by Federal Reserve Banks (FRBs) for managing credit and debit vouchers within Treasury's General Account (TGA). This includes the processing of voucher information by Federal Reserve Banks, which utilize credit and debit vouchers to update the TGA balance in real time according to established posting rules. The Bureau of the Fiscal Service and other federal entities use voucher information for reporting, accounting, forecasting, and operations.

The Secretary of the Department of the Treasury (Treasury) under Section 15 of the Federal Reserve Act, as amended (12 U.S.C. 391), is authorized to require the FRBs to act as depositaries and fiscal agents of the United States.

For terms and definitions related to this chapter, please view the TFX Glossary.

Credit and debit voucher information is needed for two purposes: (1) Transactions processed by Federal Reserve Bank payment and other systems use credit and debit vouchers to post directly to the TGA where the TGA balance is updated throughout the day based on established posting rules. Credit vouchers add to the TGA and debit vouchers subtract from the TGA. (2) The Bureau of the Fiscal Service needs the voucher information for internal reporting, accounting, and forecasting; and federal entities need it for accounting and other purposes.

Direct inquiries concerning this chapter to:

Department of the Treasury 
Bureau of the Fiscal Service 
Collections Reporting and Analysis Division
dvs.support.group@fiscal.treasury.gov