To: Heads of Government Departments, Agencies, and Others Concerned

Subject: U.S. Standard General Ledger (USSGL) — A Treasury Financial Manual (TFM) Supplement

1. Purpose - This bulletin revises the USSGL and replaces all previous amendments.

2. Rescission

Bulletin No. 2025-02 rescinds the following publications:

• Bulletin No. 2024-01 (December 2023)
• Bulletin No. 2024-03 (March 2024)
• Bulletin No. 2024-04 (June 2024)
• Bulletin No. 2024-06 (September 2024)

3. Explanation of Updates

Bulletin No. 2025-02 USSGL includes two parts:

• Part 1 FY 2025, replaces USSGL Part 1 FY 2024 reporting.
• Part 2 FY 2026, replaces USSGL Part 2 FY 2025 reporting.

4. Overall Changes to the USSGL

• Part 1 FY 2025—Revised
• Part 2 FY 2026—Revised
• Summary of Changes—The Summary of Changes identifies specific changes made to the USSGL.

5. Changes by Part/Section

Part 1—FY 2025 Reporting includes Sections I through VII:

Section I: Chart of Accounts

Section II: Accounts and Definitions

Section III: Account Transactions

• Transaction Categories
• Transaction Listing
• Transactions
• T-Accounts

Section IV: Account Attributes for USSGL Proprietary Account and Budgetary Account Reporting

• USSGL Account Attribute Definition Report
• USSGL Account Attribute Table

Section V: Crosswalks to Standard External Reports for FY 2025 GTAS Reporting

OMB Form and Content:

• Balance Sheet
• Statement of Net Cost
• Statement of Changes in Net Position
• Statement of Custodial Activity
• Statement of Budgetary Resources
• SF 133: Report on Budget Execution and Budgetary Resources & Schedule P Budget Program and Financing Schedule

Section VI: Crosswalks to Reclassified Statements for FY 2025 Reporting

• Reclassified Statement of Net Cost
• Reclassified Statement of Operations and Changes in Net Position

Section VII: GTAS Validations and Edits for FY 2025 Reporting.

• Validations Detail
• Validations Summary
• Edits Detail
• Edits Summary
• Closing Edit Details

Part 2 - FY 2026 Reporting includes Sections I through VII:

Section I: Chart of Accounts

Section II: Accounts and Definitions

Section III: Account Transactions

• Transaction Categories
• Transaction Listing
• Transactions
• T-Accounts

Section IV: Account Attributes for USSGL Proprietary Account and Budgetary Account Reporting

• USSGL Account Attribute Definition Report
• USSGL Account Attribute Table

Section V: Crosswalks to Standard External Reports for FY 2026 GTAS Reporting

OMB Form and Content:

• Balance Sheet
• Statement of Net Cost
• Statement of Changes in Net Position
• Statement of Custodial Activity
• Statement of Budgetary Resources
• SF 133: Report on Budget Execution and Budgetary Resources & Schedule P Budget Program and Financing Schedule

Section VI: Crosswalks to Reclassified Statements for FY 2026 Reporting

• Reclassified Statement of Net Cost
• Reclassified Statement of Operations and Changes in Net Position

Section VII: GTAS Validations and Edits for FY 2026 Reporting

• Validations Detail
• Validations Summary
• Edits Detail
• Edits Summary
• Closing Edit Detail

6. Effective Date

• Part 1 requirements for FY 2025 are effective immediately.
• Part 2 requirements for FY 2026 are effective October 1, 2025.

7. References

• TFM Volume I, Part 2, Chapter 4700, "Federal Entity Reporting Requirements for the Financial Report of the United States Government," dated November 2024.
• OMB Circular No. A-11, "Preparation, Submission, and Execution of the Budget," dated July 2024.
• OMB Circular No. A-136 Revised, "Financial Reporting Requirements" (Form and Content), dated May 2024.

8. Inquiries

Direct questions concerning this bulletin to your agency's USSGL Board representative or: 

Andrew Morris
Director, General Ledger and Intragovernmental Transaction Division 
Fiscal Accounting 
Bureau of the Fiscal Service 
PO Box 1328 
Parkersburg, WV 26106-1328 
Email: USSGLTeam@fiscal.treasury.gov

Date: December 12, 2024