Select from the list of available functions to view associated activities
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Identifier Activity Description FFM.010.010 Budget Set-Up and Maintenance Establish budgetary resource reporting attributes; Record appropriated fund subdivisions before any of the appropriated funds are expended; Includes recording appropriation warrants, apportionments, allotments, allowances, allocations, reapportionments, transfer allocations, continuing resolutions, rescissions, and reprogramming actions; Includes setting up direct and reimbursable funding. FFM.010.020 Fund Allocation and Control Implement controls designed to detect or prevent overspending for defined accounting segments; Execute statutory limitation control of funds restricting obligations and expenditures to amounts authorized by law; Execute administrative control of funds restricting obligation and expenditure from each account to the lower of the amount apportioned by OMB or the amount available for obligation and/or expenditure; Update funds control rules FFM.010.030 Budgetary Reporting Perform budgetary resource and budget execution analysis; Provide budgetary resource and budget execution information and reports; Verify required budget reports can be traced to general ledger account balances; Includes generating SF-132 and SF-133 and providing information needed for Budget Formulation. -
Identifier Activity Description FFM.020.010 Financial Asset Information Processing - Property, Plant, and Equipment Record financial asset type, category, value, and value adjustments (e.g., depreciation, impairment); Includes financial asset information processing for purchase and lease transactions, inventory, and software FFM.020.020 Financial Asset Information Processing - Loans Record financial asset type, category, value, and value adjustments (e.g., allowance for uncollectible amounts, subsidy allowance) FFM.020.030 Financial Asset Information Processing - Heritage Assets and Stewardship Land Record financial asset type, category, value, and value adjustments (e.g., depreciation, impairment) FFM.020.040 Financial Asset Information Processing - Federal Oil and Gas Resources Record financial asset type, category, value, and value adjustments FFM.020.050 Financial Asset Information Processing - Other Federal Assets Record financial asset type, category, value, and value adjustments; Includes financial asset information processing for seized and forfeited assets and investments in Treasury securities FFM.020.060 Financial Asset Information Reporting Provide financial asset information for balance sheet and financial statement reporting -
Identifier Activity Description FFM.030.010 Payee Set-up and Maintenance Establish and maintain Federal and non-Federal payee information FFM.030.020 Obligation Management Record commitments (if applicable); Record obligations; Record receiving report accruals (if applicable); Includes de-commitments/modifications, liquidating commitments, de-obligations/modifications, and liquidating obligations FFM.030.030 Payment Processing - Intragovernmental Payments Record intragovernmental invoices; Route invoices for approval by appropriate party; Provide payment information to execute intragovernmental funds transfers; Confirm payments were settled properly; Record payment adjustments; Includes processing payments for incurred expenses and payments in advance FFM.030.040 Payment Processing - Payroll Payments Record payroll payments generated by payroll service; Reconcile payroll service information with financial management information; Record payment adjustments FFM.030.050 Payment Processing - Travel Temporary Duty (TDY) and Local Payments Record approved vouchers for reimbursement of temporary duty (TDY) and local travel expenditures; Match travel vouchers to authorizing obligation documents; Generate payment transactions; Resolve payment issues; Record payment adjustments; Audit payments; Includes processing payments for E2s and SF-1164s, incurred expenses, and payments in advance FFM.030.060 Payment Processing - Travel PCS Payments Record approved vouchers for travel expenditures related to temporary and permanent change of station (TCS/PCS); Match travel vouchers to authorizing obligation documents; Generate payment transactions; Resolve payment issues; Record payment adjustments; Audit payments; Includes processing payments for incurred expenses and payments in advance FFM.030.070 Payment Processing - Commercial Payments Record receiving reports; Record invoices; Match invoice, order, and receiving report (as appropriate); Route invoices for approval by appropriate party; Generate payment transactions; Resolve invoice and payment issues; Record payment adjustments; Audit payments; Includes processing payments for incurred expenses, payments in advance, and non-travel temporary and permanent change of station (TCS/PCS) costs (e.g., relocation services vendor, household goods shipment) FFM.030.080 Payment Processing - Grant Payments Record requests for grant payment; Match grant payment requests to obligating documents; Route grant payment requests for approval by appropriate party (as appropriate); Generate payment transactions; Resolve payment issues; Record payment adjustments; Audit payments; Includes processing payments for incurred expenses and payments in advance FFM.030.090 Payment Processing - Loan Payments Record requests for loan payment; Match loan payment requests to obligating documents; Route loan payment requests for approval by appropriate party (as appropriate); Generate payment transactions; Resolve payment issues; Record payment adjustments; Audit payments FFM.030.100 Payment Processing - Other Payments (Loans, Foreign, and Miscellaneous Payments) Record receiving reports; Record invoices; Match invoice, order, and receiving report (as appropriate); Route invoices for approval by appropriate party; Complete foreign exchange conversions for foreign payments; Generate payment transactions; Resolve invoice and payment issues; Record payment adjustments; Audit payments; Includes processing payments for incurred expenses and payments in advance FFM.030.110 Payment Disbursement Generate disbursement schedules from payment transactions; Perform quality assurance validations; Certify disbursement schedules; Warehouse disbursement schedules for transmission to Treasury FFM.030.120 Payment Confirmation and Issue Resolution Record disbursement status, confirmation, and identification information; Provide disbursement status, confirmation, and identification information FFM.030.130 Payment Reporting Provide payment transaction and improper payment information to support payment reporting activities; Provide disbursement summary and detail information to support financial reconciliation activities -
Identifier Activity Description FFM.040.010 Revenue Processing Record Federal Government revenue or other financing source information; Perform revenue reconciliations; Resolve issues; Record revenue adjustments FFM.040.020 Revenue Reporting Provide revenue and other financing sources disclosure and supplementary information for agency and Governmentwide reporting -
Identifier Activity Description FFM.050.010 Reimbursable Agreement Set-up and Maintenance Establish and maintain Federal and non-Federal payer information; Establish unfilled customer orders (UCO); Establish projects, as appropriate, to accumulate costs; Request advance payments; Includes set-up and maintenance of Interagency Agreements (IAA); Does not include reimbursable agreement negotiations between trading partners of general terms, conditions, and order details FFM.050.020 Reimbursable Invoicing Record costs incurred for delivering goods/services; Generate invoices and customer account statements; Establish receivables; Includes applying cost information when generating invoices FFM.050.030 Reimbursable Receipt Processing Monitor/confirm funds were transferred from Federal agency trading partners; Receive payments from non-Federal trading partners or payment information from Treasury; Record collections and deposits; Match funds transfers/collections to invoices; Includes processing advance payments FFM.050.040 Reimbursable Reconciliation Reconcile reimbursable activity on the orders; Resolve reconciliation issues; Work with trading partner to resolve unsettled invoices; Apply credit memos and adjustments; Assess interest, penalties and administrative fees; Determine whether to transfer receivable for delinquent debt collection FFM.050.050 Reimbursable Closeout Review orders' financial status to confirm final costs were accumulated and invoiced; Liquidate unfilled customer order balances; For overpayments, generate intragovernmental/miscellaneous payment request; Close orders FFM.050.060 Reimbursable Reporting Provide earned unbilled information with trading partners; Analyze and report on reimbursable costs, receivables, and receipts; Provide deposit summary and detail information to support financial reconciliation activities -
Identifier Activity Description FFM.060.010 Payer Set-up and Maintenance Establish and maintain Federal and non-Federal payer information FFM.060.020 Public Receivable Set-up and Billing Invoicing Record receivables; Generate invoices and remit to debtors; Includes applying cost information when generating invoices FFM.060.030 Public Receivable Receipt Processing Receive payments from debtors or payment information from Treasury; Match payments received to invoices and payer account or determine it is a miscellaneous receipt (e.g., user fee); Prepare and record collection deposits; Includes processing of unbilled collections and payments in advance of billing FFM.060.040 Credit Memo and Adjustment Processing Communicate with Federal agency and debtor; Resolve issues; Record receivable credit memos and adjustments FFM.060.050 Public Receivable Monitoring and Maintenance Analyze status of receivables; Contact debtors; Assess interest, penalties, and administrative fees; Determine whether to transfer receivables for delinquent debt collection FFM.060.060 Public Receivable and Collection Reporting Provide receivable and collection status information to support Federal receivable and collection reporting activities; Provide public receivable information to credit reporting agencies; Provide deposit summary and detail information to support financial reconciliation activities -
Identifier Activity Description FFM.070.010 Delinquent Debt Collection Generate and send dunning notices, with due process language, to alert the payers of debt delinquent status; Determine allocation of amounts collected (e.g., first to penalties and administrative costs, second to interest, then to accounts receivable); Update receivables based on agency negotiated installment plan or compromise agreement; Request agency internally offset a Federal payment; Consult agency’s legal counsel to determine whether to refer debts to the Department of Justice for litigation or use other litigation authority; Refer debts to Treasury’s Debt Management Services (DMS) for cross-servicing based on agency advice and as soon as due process requirements are met (i.e., 120 days delinquent); Includes processing of fines, penalties, and administrative fees FFM.070.020 Delinquent Debt Write-off and Close-out Make recommendations to agency to write-off delinquent debts older than two years; Appropriately classify written off debts as currently not collectible (CNC) or closed-out FFM.070.030 Delinquent Debt Reporting Provide receivable and collection status information to support Federal receivable and collection reporting activities; Provide public receivable information to credit reporting agencies -
Identifier Activity Description FFM.080.010 Cost Management Set-up and Maintenance Set-up and maintain projects/responsibility segments/cost centers and cost objects to accumulate costs FFM.080.020 Cost Accumulation and Allocation Accumulate costs; Determine cost allocations and intragovernmental entity costs by cost object and project/responsibility segment/cost center FFM.080.030 Cost Reporting Analyze and report on costs by cost object and project/responsibility segment/cost center; Includes providing cost information to budget formulation and reimbursable and public receivable invoicing activities -
Identifier Activity Description FFM.090.010 General Ledger Set-up and Maintenance Establish and maintain general ledger account classifications, categories, and subcategories consistent with the USSGL accounts; Establish and maintain proprietary and budgetary account attributes; Establish and maintain attributes to support agency financial performance and operations reporting FFM.090.020 General Ledger Posting Receive general ledger account transaction information provided by supporting financial management operations; Post general ledger proprietary, budgetary, and memorandum account transactions; Includes posting manual journal vouchers, adjustments to the general ledger, individual and aggregated transactions from sub-ledgers, and transactions funded, obligated, or expended over multiple years to general ledger accounts that do not close FFM.090.030 Accrual and Liability/Asset Processing Record and reverse accruals; Record adjustments to budgetary and financial (proprietary) accruals; Record Federal liabilities; Includes intragovernmental liabilities, contingent liabilities, and liabilities related to loans and accrued employees' wages and entitlement benefits FFM.090.040 Period End Closing Close and open accounting periods; Record period end accounting entries; Includes month-end and year-end closings and closing nonfiduciary and fiduciary accounts -
Identifier Activity Description FFM.100.010 Reconciliation with Treasury Balance and Sub-Ledgers Reconcile general ledger account relationships/tie-points; Verify general ledger account balances can be traced to aggregated or discrete agency transactions and aggregated or discrete agency transactions can be traced to the point of origination and source documents; Identify and record corrections FFM.100.020 Reconciliation of Intragovernmental Activity Manage intragovernmental suspense activity; Reconcile intragovernmental activity transactions; Resolve issues; Record adjustments; Includes nonexpenditure transfer transactions FFM.100.030 Reconciliation with Treasury Balance Record Treasury's general ledger account balance and transaction data for the agency; Prepare general ledger account, disbursement, and deposit reconciliation worksheets; Review, reclassify, and reconcile fund activity and balances; Includes reconciliation of fund balance, general ledger accounts, disbursements, and deposits with Treasury -
Identifier Activity Description FFM.110.010 Treasury Reporting Prepare year-end closing statements, statements of accountability, foreign currency reports, and reports of reclassified consolidated agency financial statements; Verify required financial reports can be traced to general ledger account balances; Includes Government wide Treasury Account Symbol Adjusted Trial Balance (GTAS) reporting FFM.110.020 Financial Statement Preparation Prepare financial statements and footnotes required by OMB Circular A-136; Verify financial statements and other required financial reports can be traced to general ledger account balances; Includes generating variance analyses for quarterly submissions, balance sheet, statement of net cost, statement of changes in net position, statement of budgetary resources, statement of custodial activity (if applicable), and statement of social insurance (if applicable) FFM.110.030 Cash Forecasting and Reporting Prepare cash flow projections; Report large dollar requirements for deposits and disbursements Prepare cash flow projections; Report large dollar requirements for deposits and disbursements FFM.110.040 Financial Performance and Operational Reporting Provide general ledger information for agency-specific financial reports; Verify required financial reports can be traced to general ledger account balances; Includes providing financial performance and operational information to agency program offices FFM.110.050 Internal Control/Compliance Reviews Implement standard internal control and compliance assurance procedures; Provide documentation to satisfy “Prepared By Client” requests from auditors; Prepare cycle memos; Provide sample information and documentation for compliance with other guidance, such as OMB Circular A-123; Record adjustments based on audit findings
| Capability ID | Function | Activity Name |
(DI) Data Input (DO) Data Output (P) Process Distinction |
Business Capability Statement | Authoritative Reference | |
|---|---|---|---|---|---|---|
| FFMSR.1.1.1.1 | FFM.090 General Ledger Management | FFM.090.010 General Ledger Set-Up and Maintenance | DI | Provide GL account classifications (for example, budgetary, assets, liabilities, revenues, and expenses), account categories (for example, receivables), and account subcategories (for example, accounts receivable) consistent with the United States Standard General Ledger (USSGL) accounts defined in the TFM. | USSGL, Section I Chart of Accounts (includes Cover Page) and Section II: Accounts and Definitions (includes Cover Page); TFM Volume I, Part 6, Chapter 2100 Fiscal Service Data Registry
Additional Reference(s) FFMSR 1.4.1 Defining Federal Funding Attributes to Align Financial Management Information with Performance Goals |
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| FFMSR.1.1.1.2 | FFM.090 General Ledger Management | FFM.090.010 General Ledger Set-Up and Maintenance | DI | Provide GL proprietary account attributes (for example, exchange/non-exchange indicator, federal/non-federal indicator, and program indicator) consistent with the USSGL account attributes defined in the TFM. | USSGL, Section IV Account Attributes for USSGL Proprietary Account and Budgetary Account Reporting; TFM Volume I, Part 6, Chapter 2100 Fiscal Service Data Registry
Additional Reference(s) FFMSR 1.4.1 Defining Federal Funding Attributes to Align Financial Management Information with Performance Goals |
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| FFMSR.1.1.1.3 | FFM.090 General Ledger Management | FFM.090.010 General Ledger Set-Up and Maintenance | DI | Provide GL budgetary account attributes (for example, Default Budget Enforcement Act Category, Apportionment Category B Program Code, Authority Type Code) consistent with the USSGL attributes defined in the TFM. | USSGL, Section IV Account Attributes for USSGL Proprietary Account and Budgetary Account Reporting; TFM Volume I, Part 6, Chapter 2100 Fiscal Service Data Registry
Additional Reference(s) FFMSR 1.4.1 Defining Federal Funding Attributes to Align Financial Management Information with Performance Goals |
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| FFMSR.1.1.2.1 | FFM.090 General Ledger Management | FFM.090.020 General Ledger Posting | DI | Capture GL account transaction information provided by supporting financial management operations (for example, payments, receipts, liabilities, assets, and reimbursable/intra-governmentals) consistent with the USSGL account attributes, account transaction codes, account transaction categories, and account transaction subcategories defined in the TFM. | USSGL, Section I Chart of Accounts (includes Cover Page) and Section II: Accounts and Definitions (includes Cover Page); USSGL, Section III Account Transactions; USSGL, Section IV Account Attributes for USSGL Proprietary Account and Budgetary Account Reporting; TFM Volume I, Part 6, Chapter 2100 Fiscal Service Data Registry | |
| FFMSR.1.1.2.2 | FFM.090 General Ledger Management | FFM.090.020 General Ledger Posting | P | Post GL proprietary, budgetary, and memorandum account transactions consistent with USSGL account attributes, account transaction codes, account transaction categories, and account transaction subcategories as defined in the TFM. | USSGL, Section I Chart of Accounts (includes Cover Page) and Section II: Accounts and Definitions (includes Cover Page); USSGL, Section III Account Transactions; USSGL, Section IV Account Attributes for USSGL Proprietary Account and Budgetary Account Reporting; TFM Volume I, Part 6, Chapter 2100 Fiscal Service Data Registry | |
| FFMSR.1.1.2.3 | FFM.090 General Ledger Management | FFM.090.040 Period End Closing | P | Close non-fiduciary and fiduciary accounts consistent with USSGL account closing table rules as defined in the TFM. | USSGL, Section III Account Transactions; Other USSGL Guidance, Closing Edits Detail Report | |
| FFMSR.1.1.2.4 | FFM.090 General Ledger Management | FFM.090.020 General Ledger Posting | P | Maintain ability to post transactions funded, obligated, or expended over multiple years to GL accounts that do not close (for example, undelivered orders–obligations, unpaid; delivered orders–obligations, unpaid; authority outlayed not yet disbursed) consistent with the TFM. | USSGL, Section I Chart of Accounts (includes Cover Page) and Section II: Accounts and Definitions (includes Cover Page); USSGL, Section III Account Transactions; Other USSGL Guidance, Closing Edits Detail Report | |
| FFMSR.1.1.3.1 | FFM.020 Financial Asset Information Management | FFM.020.060 Financial Asset Information Reporting | DI | Capture federal government asset type (for example, entity, non-entity, governmental, and intra-governmental), category [for example, property, plant, and equipment (PP&E); inventory; seized and forfeited; investments in Treasury securities], and subcategory (for example, general PP&E or heritage PP&E) consistent with The Federal Accounting Standards Advisory Board (FASAB) Handbook of Accounting Standards, and Other Pronouncements, as Amended (FASAB Handbook). | Statement of Federal Financial Accounting Standard (SFFAS) 1: Accounting for Selected Assets and Liabilities; SFFAS 2: Accounting for Direct Loans and Loan Guarantees; SFFAS 3: Accounting for Inventory and Related Property; SFFAS 6: Accounting for Property, Plant, and Equipment; SFFAS 7: Accounting for Revenue and Other Financing Sources and Concepts for Reconciling Budgetary and Financial Accounting; SFFAS 8: Supplementary Stewardship Reporting; SFFAS 10: Accounting for Internal Use Software; SFFAS 11: Amendments to Accounting for Property, Plant, and Equipment; SFFAS 18: Amendments to Accounting Standards for Direct Loans and Loan Guarantees in SFFAS 2; SFFAS 19: Technical Amendments of Accounting Standards for Direct Loans and Loan Guarantees in SFFAS 2; SFFAS 29: Heritage Assets and Stewardship Land; SFFAS 38: Accounting for Federal Oil and Gas Resources; SFFAS 40: Definitional Changes Related to Deferred Maintenance and Repairs: Amending SFFAS 6, Accounting for Property, Plant, and Equipment; SFFAS 42: Deferred Maintenance and Repairs: Amending SFFAS 6, 14, 29, and 32 | |
| FFMSR.1.1.3.2 | FFM.020 Financial Asset Information Management | FFM.020.060 Financial Asset Information Reporting | P | Determine asset value and provide for adjustments – such as depreciation, impairment, allowance for uncollectible amounts, and subsidy allowance – consistent with FASAB Handbook. | SFFAS 1: Accounting for Selected Assets and Liabilities; SFFAS 2: Accounting for Direct Loans and Loan Guarantees; SFFAS 3: Accounting for Inventory and Related Property; SFFAS 6: Accounting for Property, Plant, and Equipment; SFFAS 10: Accounting for Internal Use Software; SFFAS 11: Amendments to Accounting for Property, Plant, and Equipment; SFFAS 18: Amendments to Accounting Standards for Direct Loans and Loan Guarantees in SFFAS 2; SFFAS 19: Technical Amendments of Accounting Standards for Direct Loans and Loan Guarantees in SFFAS 2; SFFAS 29: Heritage Assets and Stewardship Land; SFFAS 35: Estimating the Historical Cost of General Property, Plant, and Equipment; SFFAS 38: Accounting for Federal Oil and Gas Resources; SFFAS 40: Definitional Changes Related to Deferred Maintenance and Repairs: Amending SFFAS 6, Accounting for Property, Plant, and Equipment; SFFAS 42: Deferred Maintenance and Repairs: Amending SFFAS 6, 14, 29, and 32 | |
| FFMSR.1.1.3.3 | FFM.020 Financial Asset Information Management | FFM.020.060 Financial Asset Information Reporting | D0 | Provide asset information, such as type (for example, intra-governmental or governmental), value, quantity (for example, units), and GL account (for example, buildings, land, equipment, assets under capital lease, and software) for balance sheet and financial statement reporting consistent with the FASAB Handbook and as specified in the TFM. | SFFAS 1: Accounting for Selected Assets and Liabilities; SFFAS 2: Accounting for Direct Loans and Loan Guarantees; SFFAS 3: Accounting for Inventory and Related Property; SFFAS 6: Accounting for Property, Plant, and Equipment; SFFAS 7: Accounting for Revenue and Other Financing Sources and Concepts for Reconciling Budgetary and Financial Accounting; SFFAS 8: Supplementary Stewardship Reporting; SFFAS 10: Accounting for Internal Use Software; SFFAS 11: Amendments to Accounting for Property, Plant, and Equipment; SFFAS 18: Amendments to Accounting Standards for Direct Loans and Loan Guarantees in SFFAS 2; SFFAS 19: Technical Amendments of Accounting Standards for Direct Loans and Loan Guarantees in SFFAS 2; SFFAS 29: Heritage Assets and Stewardship Land; Federal Financial Accounting And Auditing Technical Release 4: Reporting on Non-Valued Seized and Forfeited Property; SFFAS 38: Accounting for Federal Oil and Gas Resources; TFM Volume I, Part 6, Chapter 2100 Fiscal Service Data Registry | |
| FFMSR1.1.3.4 | FFM.020 Financial Asset Information Management | FFM.020.060 Financial Asset Information Reporting | D0 | Provide asset data required to post GL transactions consistent with USSGL accounts, account attributes, transaction codes, transaction categories (for example, collections and receivables), and transaction subcategories [for example, receipts, receivables/accrued revenue, asset sale and disposition (gains and losses)] as defined in the TFM. | USSGL, Section III Account Transactions and Section IV: Account Attributes for USSGL Proprietary Account and Budgetary Account Reporting; TFM Volume I, Part 6, Chapter 2100 Fiscal Service Data Registry | |
| FFMSR1.1.4.1 | FFM.020 Financial Asset Information Management | FFM.090.030 Accrual and Liability/Asset Processing | DI | Capture federal government liability type (for example, covered/not covered by budgetary resources, governmental, and intra-governmental), category (for example, accounts payable, and interest payable and other current liabilities), and subcategory (for example, accrued employees' wages and entitlement benefits) consistent with the FASAB Handbook. | SFFAS 1: Accounting for Selected Assets and Liabilities; SFFAS 2: Accounting for Direct Loans and Loan Guarantees; SFFAS 5: Accounting for Liabilities of the Federal Government; SFFAS 6: Accounting for Property, Plant, and Equipment; SFFAS 7: Accounting for Revenue and Other Financing Sources and Concepts for Reconciling Budgetary and Financial Accounting; SFFAS 12: Recognition of Contingent Liabilities Arising from Litigation: An Amendment of SFFAS 5, Accounting for Liabilities of the Federal Government; SFFAS 17: Accounting for Social Insurance; SFFAS 18: Amendments to Accounting Standards for Direct Loans and Loan Guarantees in SFFAS 2; SFFAS 19: Technical Amendments to Accounting Standards for Direct Loans and Loan Guarantees in SFFAS 2; • SFFAS 33: Pensions, Other Retirement Benefits, and Other Postemployment Benefits: Reporting Gains and Losses from Changes in Assumptions, and Selecting Discount Rates and Valuations Dates
Additional Reference(s) FFMSR 1.1.5 Managing Revenues and Other Financing Sources; FFMSR 1.2.1 Determining Costs |
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| FFMSR1.1.4.2 | FFM.090 General Ledger Management | FFM.090.030 Accrual and Liability/Asset Processing | P | Determine liability value consistent with the FASAB Handbook. | SFFAS 1: Accounting for Selected Assets and Liabilities; SFFAS 2: Accounting for Direct Loans and Loan Guarantees; SFFAS 5: Accounting for Liabilities of the Federal Government; SFFAS 6: Accounting for Property, Plant, and Equipment; SFFAS 7: Accounting for Revenue and Other Financing Sources and Concepts for Reconciling Budgetary and Financial Accounting; SFFAS 12: Recognition of Contingent Liabilities Arising from Litigation: An Amendment of SFFAS 5, Accounting for Liabilities of the Federal Government; SFFAS 17: Accounting for Social Insurance; SFFAS 18: Amendments to Accounting Standards for Direct Loans and Loan Guarantees in SFFAS 2; SFFAS 19: Technical Amendments to Accounting Standards for Direct Loans and Loan Guarantees in SFFAS 2; SFFAS 33: Pensions, Other Retirement Benefits, and Other Postemployment Benefits: Reporting Gains and Losses from Changes in Assumptions, and Selecting Discount Rates and Valuations Dates
Additional Reference(s) FFMSR 1.1.5 Managing Revenues and Other Financing Sources; FFMSR 1.2.1 Determining Costs |
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| FFMSR.1.1.4.3 | FFM.090 General Ledger Management | FFM.090.030 Accrual and Liability/Asset Processing | DO | Provide liability data required to post GL transactions consistent with USSGL attributes (covered/not covered, federal/non-federal), transaction codes, transaction categories (for example, disbursements and payables), and transaction subcategories (for example, payables/accrued liabilities) as defined in the TFM. | USSGL, Section III Account Transactions and Section IV: Account Attributes for USSGL Proprietary Account and Budgetary Account Reporting; TFM Volume I, Part 6, Chapter 2100 Fiscal Service Data Registry
Additional Reference(s) FFMSR 1.1.5 Managing Revenues and Other Financing Sources; FFMSR 1.2.1 Determining Costs |
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| FFMSR.1.1.5.1 | FFM.040 Revenue Management | FFM.040.010 Revenue Processing | DI | Capture federal government revenue or other financing type (for example, exchange revenues, non-exchange revenues, budgetary resources), category (for example, taxes, duties, fines, user fees, and sale of goods and services), and subcategory (for example, income tax, excise tax, and donations) consistent with the FASAB Handbook. | SFFAS 7: Accounting for Revenue and Other Financing Sources and Concepts for Reconciling Budgetary and Financial Accounting; SFFAS 27: Identifying and Reporting Earmarked Funds; SFFAS 31: Accounting for Fiduciary Activities; SFFAS 38: Accounting for Federal Oil and Gas Resources; SFFAS 43: Dedicated Collections: Amending SFFAS 27, Identifying and Reporting Earmarked Funds | |
| FFMSR.1.1.5.2 | FFM.040 Revenue Management | FFM.040.010 Revenue Processing | P | Determine revenue classification (for example, exchange, non-exchange, and other financing sourcing) and value as specified in the FASAB Handbook. | SFFAS 7: Accounting for Revenue and Other Financing Sources and Concepts for Reconciling Budgetary and Financial Accounting; SFFAS 27: Identifying and Reporting Earmarked Funds; SFFAS 31: Accounting for Fiduciary Activities; SFFAS 38: Accounting for Federal Oil and Gas Resources; SFFAS 43: Dedicated Collections: Amending SFFAS 27, Identifying and Reporting Earmarked Funds | |
| FFMSR.1.1.5.3 | FFM.090 General Ledger Management | FFM.090.030 Accrual and Liability/Asset Processing | P | Determine adjustments to budgetary and financial (proprietary) accruals consistent with the FASAB Handbook and OMB Circular No. A-11. | SFFAS 7: Accounting for Revenue and Other Financing Sources and Concepts for Reconciling Budgetary and Financial Accounting; SFFAS 27: Identifying and Reporting Earmarked Funds; SFFAS 43: Dedicated Collections: Amending SFFAS 27, Identifying and Reporting Earmarked Funds; OMB Circular No. A-11, Part 4
Additional Reference(s) FFMSR 1.1.4 Managing Financial Liability Information; FFMSR 1.2.1 Determining Costs |
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| FFMSR.1.1.5.4 | FFM.040 Revenue Management | FFM.040.010 Revenue Processing | DO | Provide revenue and other financing sources data to post GL transactions consistent with USSGL attributes (for example, exchange/non-exchange indicator and program indicator), transaction codes, transaction categories (for example, collections and receivables), and transaction subcategories (for example, receivables/accrued revenue) as defined in the TFM. | USSGL, Section III Account Transactions and Section IV: Account Attributes for USSGL Proprietary Account and Budgetary Account Reporting; TFM Volume I, Part 6, Chapter 2100 Fiscal Service Data Registry | |
| FFMSR.1.1.5.5 | FFM.040 Revenue Management | FFM.040.020 Revenue Reporting | DO | Provide revenue and other financing sources disclosure and supplementary information for agency and government-wide reporting as specified in FASAB Handbook. | SFFAS 5: Accounting for Liabilities of the Federal Government; SFFAS 7: Accounting for Revenue and Other Financing Sources and Concepts for Reconciling Budgetary and Financial Accounting; SFFAS 12: Recognition of Contingent Liabilities Arising from Litigation: An Amendment of SFFAS 5, Accounting for Liabilities of the Federal Government; SFFAS 27: Identifying and Reporting Earmarked Funds; SFFAS 31: Accounting for Fiduciary Activities; SFFAS 38: Accounting for Federal Oil and Gas Resources; SFFAS 43: Dedicated Collections: Amending SFFAS 27, Identifying and Reporting Earmarked Funds | |
| FFMSR.1.2.1.1 | FFM.080 Cost Management | FFM.080.010 Cost Management Set-Up and Maintenance | DI | Provide responsibility segments/cost centers (for example, managing public buildings and distributing supplies) and cost objects that align with outcomes (for example, program, activity, and product) that directly support the agency mission and management requirements consistent with the FASAB Handbook. | SFFAS 4: Managerial Cost Accounting Standards and Concepts; SFFAS 30: Inter-Entity Cost Implementation: Amending SFFAS 4, Managerial Cost Accounting Standards and Concepts | |
| FFMSR.1.2.1.2 | FFM.080 Cost Management | FFM.080.020 Cost Accumulation and Allocation | P | Determine intra-governmental entity costs in addition to other costs (for example, direct, indirect, and depreciation) by cost object and responsibility segment consistent with the FASAB Handbook. | SFFAS 4: Managerial Cost Accounting Standards and Concepts; SFFAS 30: Inter-Entity Cost Implementation: Amending SFFAS 4, Managerial Cost Accounting Standards and Concepts | |
| FFMSR.1.2.1.3 | FFM.080 Cost Management | FFM.080.030 Cost Reporting | DO | Provide cost management data required to post GL transactions consistent with USSGL attributes (for example, program indicator), transaction codes, transaction categories (for example, accruals/non- budgetary transfers other than disbursements and collections), transaction subcategories (for example, accrual, depreciation, amortization, and depletion) as defined in the TFM. | USSGL, Section III Account Transactions and Section IV: Account Attributes for USSGL Proprietary Account and Budgetary Account Reporting; TFM Volume I, Part 6, Chapter 2100 Fiscal Service Data Registry | |
| FFMSR.1.3.1.1 | FFM.110 Financial/Performance Reporting | FFM.110.010 Treasury Reporting | DO | Provide GL information for consolidated government-wide reporting as specified in the TFM and consistent with guidelines in the FASAB Handbook as well as OMB Circular No. A-136. | TFM Volume I, Part 2, Chapter 4700 Agency Reporting Requirements for the Financial Report of the United States Government; USSGL, Section IV Account Attributes for USSGL Proprietary Account and Budgetary Account Reporting; USSGL, Section V Crosswalks to Standard External Reports; USSGL, Section VI Crosswalks to Reclassified Statements; OMB Circular No. A-136, Financial Reporting Requirements; Statement of Federal Financial Accounting Concepts (SFFAC) 4: Intended Audience and Qualitative Characteristics for the Consolidated Financial Report of the United States Government; SFFAS 24: Selected Standards for the Consolidated Financial Report of the United States Government; TFM Volume I, Part 6, Chapter 2100 Fiscal Service Data Registry
Additional Reference(s) FFMSR 2.3.2 Verifying Traceability |
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| FFMSR.1.3.1.2 | FFM.110 Financial/Performance Reporting | FFM.110.040 Financial Performance and Operational Reporting | DO | Provide GL information for agency-specific financial reports consistent with OMB Circular No. A-136 and FASAB Handbook. | SSFAC 2: Entity and Display; OMB Circular No. A-136, Financial Reporting Requirements
Additional Reference(s) FFMSR 1.4.1 Defining Federal Funding Attributes to Align Financial Management Information with Performance Goals; FFMSR 2.3.2 Verifying Traceability |
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| FFMSR.1.3.2.1 | FFM.110 Financial/Performance Reporting | All FFM.110 Financial/Performance Reporting Activities | P | By implementing technical standards and requirements specified in the Code of Federal Regulations (CFR), provide access to federal financial information to federal employees and members of the public with disabilities comparable to that provided to federal employees and members of the public who are not individuals with disabilities. | 36 CFR 1194, Electronic and Information Technology Accessibility Standards, Subpart B, Technical Standards | |
| FFMSR.1.3.2.2 | FFM.110 Financial/Performance Reporting | All FFM.110 Financial/Performance Reporting Activities | P | Provide federal financial information of official record, in accordance with published rules and consistent with OMB Circular No. A-130, to persons properly and directly concerned, except financial information held confidential for good cause. | OMB Circular No. A-130, Management of Federal Information Resources, Part 8.a., Policy, Information Management Policy | |
| FFMSR.1.3.2.3 | FFM.110 Financial/Performance Reporting | All FFM.110 Financial/Performance Reporting Activities | P | Provide and monitor controls for receiving, reviewing requests for, and releasing personally identifiable federal financial information compliant with the Privacy Act and consistent with OMB Circular No. A-130. | OMB Circular No. A-130, Management of Federal Information Resources, Part 8.a., Policy, Information Management Policy, and Appendix I – Federal Agency Responsibilities for Maintaining Records About Individuals | |
| FFMSR.1.4.1.1 | FFM.110 Financial/Performance Reporting | FFM.110.040 Financial Performance and Operational Reporting | DI | Provide federal funding attributes (for example, program, activity, and cost object) that align funding requests, funding allocations, fund obligations, fund expenditures, and costs with agency performance goals, as required by the Chief Financial Officer (CFO Act) as well as the Government Performance and Results Act and consistent with the FASAB Handbook, OMB Circular No. A-11, and OMB Circular No. A-136. | OMB Circular No. A-11, Part 2, Preparation and Submission of Budget Estimates, Number III, MAX Data and Other Materials Required After Passback, Section 82 Combined Schedule X [Programming and Financing (Schedule P)] and Section 83 Object Classification (MAX Schedule O); OMB Circular No. A-136, Financial Reporting Requirements; SFFAS 4: Managerial Cost Accounting Standards and Concepts; SFFAS 7: Accounting for Revenue and Other Financing Sources and Concepts for Reconciling Budgetary and Financial Accounting; SFFAS 15: Management’s Discussions and Analysis; SFFAS 30: Inter-Entity Cost Implementation: Amending SFFAS 4, Managerial Cost Accounting Standards and Concepts
Additional Reference(s) FFMSR 1.3.1 Providing GL Information; FFMSR 2.3.2 Verifying Traceability |
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| FFMSR.2.1.1.1 | FFM.010 Budget Execution | FFM.010.010 Budget Set-Up and Maintenance | DI | Provide budgetary resource reporting attributes (for example, Treasury Account Fund Symbol, expired, and unexpired) consistent with the budget execution activities as defined in OMB Circular No. A-11. | OMB Circular No. A-11, Part 4, Instructions on Budget Execution; OMB Circular No. A-11, Appendix F, Format of SF 132, SF 133, Schedule P, and SBR; OMB Circular No. A-11, Part 4, Section 130, SF 133, Report on Budget Execution and Budgetary Resources; SFFAS 7: Accounting for Revenue and Other Financing Sources and Concepts for Reconciling Budgetary and Financial Accounting | |
| FFMSR.2.1.1.2 | FFM.010 Budget Execution | FFM.010.010 Budget Set-Up and Maintenance | P | Determine appropriated fund subdivisions, apportionments, reapportionments, and allocations before any of the appropriated funds are expended consistent with the budget execution activities as defined in OMB Circular No. A-11. | OMB Circular No. A-11, Part 4, Instructions on Budget Execution; OMB Circular No. A-11, Appendix F, Format of SF 132, SF 133, Schedule P, and SBR | |
| FFMSR.2.1.1.3 | FFM.010 Budget Execution | FFM.010.010 Budget Set-Up and Maintenance | DO | Provide budgetary authority and resource data required to post GL transactions consistent with USSGL transaction codes, transaction categories (for example, funding) and transaction subcategories (for example, budgetary resources other than collections) as defined in the TFM. | USSGL, Section III Account Transactions and Section IV: Account Attributes for USSGL Proprietary Account and Budgetary Account Reporting; TFM Volume I, Part 6, Chapter 2100 Fiscal Service Data Registry | |
| FFMSR.2.1.2.1 | FFM.010 Budget Execution | FFM.010.020 Fund Allocation and Control | P | Execute administrative control of funds consistent with OMB Circular No. A-11 to restrict obligation and expenditure from each account to the lower of the amount apportioned by OMB or the amount available for obligation and/or expenditure. | OMB Circular No. A-11, Part 4, Instructions on Budget Execution, Section 145, Requirements for Reporting Antideficiency Act Violations; OMB Circular No. A-11, Part 4, Instructions on Budget Execution, Section 150, Administrative Control of Funds | |
| FFMSR.2.1.2.2 | FFM.010 Budget Execution | FFM.010.020 Fund Allocation and Control | P | Execute statutory limitation controls restricting obligations and expenditures to amounts authorized by law consistent with OMB Circular No. A-11. | OMB Circular No. A-11, Part 4, Instructions on Budget Execution, Section 150, Administrative Control of Funds | |
| FFMSR.2.1.2.3 | FFM.010 Budget Execution | FFM.010.020 Fund Allocation and Control | DO | Provide budget obligation and outlay data required to post GL transactions consistent with USSGL transaction codes, categories (for example, funding), and subcategories (for example, budgetary resources other than collections) as defined in the TFM. | USSGL, Section III Account Transactions and Section IV: Account Attributes for USSGL Proprietary Account and Budgetary Account Reporting; TFM Volume I, Part 6, Chapter 2100 Fiscal Service Data Registry | |
| FFMSR.2.1.3.1 | FFM.010 Budget Execution | FFM.010.030 Budgetary Reporting | Provide budgetary resource and budget execution data as specified in the TFM to support the budget reporting activities defined in OMB Circular No. A-11, OMB Circular No. A-136, and the FASAB Handbook. | DO | OMB Circular No. A-11, Part 4, Instructions on Budget Execution; OMB Circular No. A-11, Part 4, Instructions on Budget Execution, Section 120.29 – Who is responsible for preparing the apportionment request for allocation (parent/child) accounts?; OMB Circular No. A-11, Appendix F, Format of SF 132, SF 133, Schedule P, and SBR; OMB Circular No. A-136, Financial Reporting Requirements, Number II.4.6, Statement of Budgetary Resources; TFM Volume I, Part 2, Chapter 4200 Agency Year-end Reporting on Unexpended Balances of Appropriation Accounts; SFFAS 7: Accounting for Revenue and Other Financing Sources and Concepts for Reconciling Budgetary and Financial Accounting; TFM Volume I, Part 6, Chapter 2100 Fiscal Service Data Registry
Additional Reference(s) FFMSR 2.3.2 Verifying Traceability |
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| FFMSR.2.2.1.1 | FFM.030 Payable Management | FFM.030.010 Payee Set-Up and Maintenance | DI | Capture federal government unique recipient information [for example, federal vendor registration attributes, such as Data Universal Numbering System (DUNS) and the type of relationship with the U.S. Federal Government, grant recipient information] consistent with that required to support the payment management and invoice processing activities defined in 5 CFR 1315, the Federal Acquisitions Regulation (FAR), and the TFM. | TFM Volume I, Part 4A, Chapter 2000 Overall Disbursing Rules for All Federal Agencies; FAR Subpart 4.11, System for Award Management (SAM); 5 CFR 1315.4, Prompt Payment, Prompt Payment Standards and Required Notices to Vendors; TFM Volume I, Part 6, Chapter 2100 Fiscal Service Data Registry | |
| FFMSR.2.2.1.2 | FFM.030 Payable Management | FFM.030.010 Payee Set-Up and Maintenance | DI | Capture federal government unique payment information (for example, appropriation and fund) to support payment reports consistent with the TFM. | TFM Volume I, Part 2, Chapter 3100 Instructions for Disbursing Officers' Reports; TFM Volume I, Part 6, Chapter 2100 Fiscal Service Data Registry | |
| FFMSR.2.2.1.3 | FFM.030 Payable Management | FFM.030.020 Obligation Management | P | Determine proper payable amount and other payable information consistent with FASAB Handbook and as specified in the TFM. | TFM Volume I, Part 4A, Chapter 3000 Requirements for Scheduling Payments Disbursed by the Bureau of the Fiscal Service; TFM Volume I, Part 4A, Chapter 2000 Overall Disbursing Rules for All Federal Agencies, Section 2070 Preaudit of Vouchers; SFFAS 1: Accounting for Selected Assets and Liabilities; SFFAS 2: Accounting for Direct Loans and Loan Guarantees; SFFAS 5: Accounting for Liabilities of the Federal Government; SFFAS 12: Recognition of Contingent Liabilities Arising from Litigation: An Amendment of SFFAS 5, Accounting for Liabilities of the Federal Government; SFFAS 17: Accounting for Social Insurance; SFFAS 18: Amendments to Accounting Standards for Direct Loans and Loan Guarantees in SFFAS 2; SFFAS 19: Technical Amendments to Accounting Standards for Direct Loans and Loan Guarantees in SFFAS 2 | |
| FFMSR.2.2.1.4 | FFM.030 Payable Management | All FFM.030 Payable Management Activities | DO | Provide payable data required to post GL transactions consistent with USSGL transaction codes, transaction categories (for example, disbursements and payables), and transaction subcategories (for example, payments/purchases) as defined in the TFM. | USSGL, Section III Account Transactions and Section IV: Account Attributes for USSGL Proprietary Account and Budgetary Account Reporting; TFM Volume I, Part 6, Chapter 2100 Fiscal Service Data Registry | |
| FFMSR.2.2.2.1 | FFM.030 Payable Management | All FFM.030 Payable Management Activities | DI | Capture federal government unique invoice prompt payment information (for example, invoice receipt date, discount, applicable interest rate determined per government formula, and accelerated payment) to support payment of invoices as specified in the CFR. | 5 CFR 1315, Prompt Payment: 1315.9 Required documentation, 1315.10 Late payment interest penalties, 1315.11 Additional penalties, and 1315.5 Accelerated payment methods | |
| FFMSR.2.2.2.2 | FFM.030 Payable Management | All FFM.030 Payable Management Activities | P | Determine disbursement terms and amounts in accordance with the terms of the contract or agreement, and based on determination of invoice term, payment date, interest or penalty applicable, and amount as specified in the CFR. | 5 CFR 1315.4, Prompt Payment Standards and Required Notice to Vendors | |
| FFMSR.2.2.2.3 | FFM.030 Payable Management | All FFM.030 Payable Management Activities | DO | Provide certified payment transaction information for the disbursing office to make disbursements as specified in the TFM. | TFM Volume I, Part 4A, Chapter 2000 Overall Disbursing Rules for All Federal Agencies; TFM Volume I, Part 4A, Chapter 3000 Requirements for Scheduling Payments Disbursed by the Bureau of the Fiscal Service; TFM Volume I, Part 4, Chapter 4500 Government Purchase Cards; TFM Volume I, Part 4A, Chapter 3000 Requirements for Scheduling Payments Disbursed by the Bureau of the Fiscal Service | |
| FFMSR.2.2.2.4 | FFM.030 Payable Management | All FFM.030 Payable Management Activities | DO | Agencies for which Treasury does not disburse (for example, the Department of Defense): Provide payment disbursement forms that include payment transactions consistent with Government Accountability Office (GAO) policy and procedures and as specified in the TFM. | TFM Volume I, Part 4A, Chapter 2000 Overall Disbursing Rules for All Federal Agencies; TFM Volume I, Part 6, Chapter 8500 Cash Forecasting Requirements, Section 8530 General Large Dollar Notification Reporting Requirements for Deposits and Disbursements; Title 7 of GAO Policy and Procedures Manual for Guidance of Federal Agencies, Chapter 6, Disbursements | |
| FFMSR.2.2.2.6 | FFM.030 Payable Management | All FFM.030 Payable Management Activities | DI | Provide payment data required to post GL transactions consistent with USSGL accounts (for example, accrued interest payable- debt, disbursements in transit, delivered orders -obligations, paid), account attributes, account transaction categories (for example, disbursements and payables, collections and receivableFFMSR.2.2.2.6s, and accruals/non- budgetary transfers other than disbursements and collections), and account transaction subcategories (for example, payments/purchases, payables/accrued liabilities, and receipts) as defined in the TFM. | USSGL, Section III Account Transactions and Section IV: Account Attributes for USSGL Proprietary Account and Budgetary Account Reporting; TFM Volume I, Part 6, Chapter 2100 Fiscal Service Data Registry | |
| FFMSR.2.2.3.1 | FFM.030 Payable Management | FFM.030.130 Payment Reporting | DO | Agencies for which Treasury does not disburse: Provide disbursement summary and detail data as specified in the TFM. | TFM Volume I, Part 2, Chapter 3100 Instructions for Disbursing Officers’ Reports | |
| FFMSR.2.2.3.2 | FFM.030 Payable Management | FFM.030.130 Payment Reporting | DO | Agencies for which Treasury disburses: Provide payment transaction information at the required account classification level (for example, appropriation, fund, and receipt) and subclass code as specified in the TFM. | TFM Volume I, Part 2, Chapter 3300 Statement of Transactions (224) Reporting by Agencies for Which the Treasury Disburses; TFM Volume I, Part 6, Chapter 8500 Cash Forecasting Requirements, Section 8530 – General Large Dollar Notification Reporting Requirements for Deposits and Disbursements | |
| FFMSR.2.2.3.3 | FFM.030 Payable Management | FFM.030.130 Payment Reporting | DO | Provide improper payment information as specified in OMB Circular No. A-123 and the TFM | TFM Volume I, Part 4, Chapter 2100 Submitting Required Improper Payments Information for Publication on the PaymentAccuracy.gov Website; OMB Circular No. A-123, Managements Responsibility for Internal Control, Appendix C, Requirements for Effective Measurement and Remediation of Improper Payments | |
| FFMSR.2.2.4.1 | FFM.060 Receivable Management | FFM.060.010 Payer Set-Up and Maintenance | DI | Capture federal government receivable information (for example, receivable type and customer information) to support agency management of and reporting on receivables to Treasury consistent with the TFM and as required by OMB Circular No. A-129 and the CFR. | TFM Volume I, Part 2, Chapter 4100 Debt Management Reports; TFM Volume I, Part 2, Chapter 4100 Section 4120, Reporting Requirements, and the Instructional Workbook for Preparing the Treasury Report on Receivables and Debt Collection Activities, Part I, Status of Receivables referenced therein; OMB Circular No. A-129, Policies for Federal Credit Programs and Non-Tax Receivables, Appendix A, Part IV, Managing the Federal Government’s Receivables; SFFAS 7: Accounting for Revenue and other Financing Sources; CFR, Title 4, Chapter II, Part 102, Standards for the Administrative Collection of Claims | |
| FFMSR.2.2.4.2 | FFM.060 Receivable Management | FFM.060.020 Public Receivable Set-Up and Billing Invoicing | P | Determine receivable amount, including penalty and interest, and other receivable information consistent with OMB Circular No. A-129, the FASAB Handbook, and the CFR. | OMB Circular No. A-129, Policies for Federal Credit Programs and Non-Tax Receivables, Appendix A, Part IV, Managing the Federal Government’s Receivables; OMB Circular No. A-129, Policies for Federal Credit Programs and Non-Tax Receivables, Appendix A, Part V, Delinquent Debt Collection; SFFAS 1: Accounting for Selected Assets and Liabilities, Accounts Receivable; SFFAS 7: Accounting for Revenue and other Financing Sources; CFR, Title 4, Chapter II, Part 102, Standards for the Administrative Collection of Claims
Additional Reference(s) FFMSR 1.1.5 Managing Revenues and Other Financing Sources |
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| FFMSR.2.2.4.3 | FFM.050 Reimbursable Management | FFM.050.020 Receivable Invoicing | DO | Provide receivable data required to post GL transactions consistent with USSGL transaction codes, transaction categories (for example, collections and receivables), and transaction subcategories (for example, receivables/accrued revenue) as defined in the TFM. | USSGL, Section III Account Transactions and Section IV: Account Attributes for USSGL Proprietary Account and Budgetary Account Reporting; TFM Volume I, Part 6, Chapter 2100 Fiscal Service Data Registry
Additional Reference(s) FFMSR 1.1.5 Managing Revenues and Other Financing Sources |
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| FFMSR.2.2.5.1 | FFM.070 Delinquent Debt Management | FFM.070.010 Delinquent Debt Collection | DI | Capture debt category (for example, bankruptcy and at private collection agency) to support debt reporting consistent with the TFM. | TFM Volume I, Part 2, Chapter 4100 Debt Management Reports; TFM Volume I, Part 2, Chapter 4100, Section 4120, Reporting Requirements, and the Instructional Workbook for Preparing the Treasury Report on Receivables and Debt Collection Activities, Parts I and II referenced therein. | |
| FFMSR.2.2.5.2 | FFM.070 Delinquent Debt Management | FFM.070.010 Delinquent Debt Collection | P | Match delinquent debtor information with payment recipient information within and between federal agencies to affect administrative debt offsets (for example, by administrative wage garnishment and request for paying agency to collect the offset) as required by the CFR as well as OMB Circular No. A-129, and consistent with the TFM. | TFM Volume I, Part 2, Chapter 4100 Debt Management Reports; TFM Volume I, Part 2, Chapter 4100, Section 4120, Reporting Requirements, and the Instructional Workbook for Preparing the Treasury Report on Receivables and Debt Collection Activities Part II referenced therein; OMB Circular No. A-129, Policies for Federal Credit Programs and Non-Tax Receivables, Appendix A, Part V, Delinquent Debt Collection; CFR Title 4, Chapter II, Part 102, Standards for the Administrative Collection of Claims | |
| FFMSR.2.2.5.3 | FFM.070 Delinquent Debt Management | FFM.070.010 Delinquent Debt Collection | P | Determine allocation of amounts collected (for example, first to penalties and administrative costs, second to interest, then to accounts receivable) as specified in the CFR. | CFR Title 4, Chapter II, Part 102, Standards for the Administrative Collection of Claims; CFR, Title 4, Chapter II, Part 102, Section 13 Interest, Penalties, and Administrative Costs, Standards for the Administration Collection of Claims | |
| FFMSR.2.2.5.4 | FFM.070 Delinquent Debt Management | FFM.070.010 Delinquent Debt Collection | P | Deposit collections [for example, checks, cash, and Automated Clearing House (ACH)] received as specified in the TFM. | TFM Volume I, Part 5 Deposit Regulations | |
| FFMSR.2.2.5.5 | FFM.070 Delinquent Debt Management | FFM.070.010 Delinquent Debt Collection | DI | Capture deposit identifying and status information to reconcile agency deposits with Treasury account balances. | TFM Volume I, Part 2, Chapter 5100 Reconciling Fund Balance with Treasury Accounts | |
| FFMSR.2.2.5.6 | FFM.070 Delinquent Debt Management | FFM.070.010 Delinquent Debt Collection | P | Refer debt for collection (for example, to Treasury if delinquent more than 120 days and to the Department of Justice whenever the agency determines debt is uncollectable) as required by OMB Circular No. A-129 and consistent with the TFM. | TFM Volume I, Part 2, Chapter 4100, Section 4120, Reporting Requirements, and the Instructional Workbook for Preparing the Treasury Report on Receivables and Debt Collection Activities, Parts I and II referenced therein; TFM Volume I, Part 4, Chapter 4000; OMB Circular No. A-129, Policies for Federal Credit Programs and Non-Tax Receivables | |
| FFMSR.2.2.5.7 | FFM.070 Delinquent Debt Management | FFM.070.020 Delinquent Debt Write-Off and Close-Out | DO | Provide debt management data required to post GL transactions consistent with USSGL transaction codes, transaction categories (for example, adjustments/write- offs/reclassification), and transaction subcategories (for example, write-offs) as defined in the TFM. | USSGL, Section III Account Transactions and Section IV: Account Attributes for USSGL Proprietary Account and Budgetary Account Reporting; TFM Volume I, Part 6, Chapter 2100 Fiscal Service Data Registry | |
| FFMSR.2.2.6.1 | FFM.060 Receivable Management | FFM.060.060 Public Receivable and Collection Reporting | DO | Provide receivable and collection status data to support the receivable and collection reporting activities as defined in OMB Circular No. A-129 and as specified in the TFM. | TFM Volume I, Part 2, Chapter 4100 Debt Management Reports; TFM Volume I, Part 2, Chapter 4100, Section 4120, Reporting Requirements, and the Instructional Workbook for Preparing the Treasury Report on Receivables and Debt Collection Activities, Parts I and II referenced therein; OMB Circular No. A-129, Policies for Federal Credit Programs and Non-Tax Receivables, Appendix A, Part IV, Managing the Federal Government's Receivables
Additional Reference(s) FFMSR 1.1.5 Managing Revenues and Other Financing Sources |
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| FFMSR.2.2.6.2 | FFM.060 Receivable Management | FFM.060.060 Public Receivable and Collection Reporting | DO | Provide deposit summary and detail data [for example Statement of Transactions, Statement of Transactions According to Appropriations, Funds and Receipt Accounts (Foreign Service Account)] as specified in the TFM. | TFM Volume I, Part 5 Deposit Regulations; TFM Volume I, Part 2, Chapter 3100 Instructions for Disbursing Officers’ Reports; TFM Volume I, Part 2, Chapter 3300 Statement of Transactions (224) Reporting by Agencies for Which the Treasury Disburses
Additional Reference(s) FFMSR 1.1.5 Managing Revenues and Other Financing Sources |
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| FFMSR.2.3.1.1 | FFM.100 Financial Reconciliation | FFM.100.030 Reconciliation with Treasury Balance | DI | Capture Treasury's GL account balance and transaction data for the agency as specified in the TFM. | TFM Volume I, Part 2, Chapter 5100 Reconciling Fund Balance with Treasury Accounts; TFM Volume I, Part 2, Chapter 5100 Supplement, Fund Balance with Treasury Reconciliation Procedures: A Supplement to I TFM 2-5100, Reconciling Fund Balance With Treasury Accounts | |
| FFMSR.2.3.1.2 | FFM.100 Financial Reconciliation | FFM.100.30 Reconciliation with Treasury Balance | P | Perform monthly reconciliation of Treasury and agency GL account balances and transactions consistent with the FASAB Handbook and as specified in the TFM. | TFM Volume I, Part 2, Chapter 5100 Reconciling Fund Balance with Treasury Accounts; TFM Volume I, Part 2, Chapter 5100 Supplement, Fund Balance with Treasury Reconciliation Procedures: A Supplement to I TFM 2-5100, Reconciling Fund Balance with Treasury Accounts; SFFAS 1: Accounting for Selected Assets and Liabilities | |
| FFMSR.2.3.1.3 | FFM.100 Financial Reconciliation | FFM.100.30 Reconciliation with Treasury Balance | DO | Provide GL account, disbursement, and deposit reconciliation worksheets consistent with the TFM. | TFM Volume I, Part 2, Chapter 5100 Reconciling Fund Balance with Treasury Accounts; TFM Volume I, Part 2, Chapter 5100 Supplement, Fund Balance with Treasury Reconciliation Procedures: A Supplement to I TFM 2-5100, Reconciling Fund Balance With Treasury Accounts, Appendix 1 | |
| FFMSR.2.3.1.4 | FFM.100 Financial Reconciliation | FFM.100.30 Reconciliation with Treasury Balance | DO | Provide fund balance adjustment data required to post GL transactions consistent with USSGL transaction codes, account categories (for example, funding), and account subcategories (for example, budgetary resources other than collections) as defined in the TFM. | USSGL, Section III Account Transactions and Section IV: Account Attributes for USSGL Proprietary Account and Budgetary Account Reporting; TFM Volume I, Part 6, Chapter 2100 Fiscal Service Data Registry | |
| FFMSR.2.3.2.1 | FFM.110 Financial/Performance Reporting | FFM.110.010 Treasury Reporting | P | Verify that GL account balances can be traced to aggregated or discrete transactions in agency programmatic systems and that the aggregated or discrete transactions can be traced to the point of entry and source documents consistent with the TFM. | TFM Volume I, Part 2, Chapter 5100 Reconciling Fund Balance with Treasury Accounts; TFM Volume I, Part 2, Chapter 5100 Supplement, Fund Balance with Treasury Reconciliation Procedures: A Supplement to I TFM 2-5100, Reconciling Fund Balance with Treasury Accounts | |
| FFMSR.2.2.2.5 | FFM.030 Payable Management | All FFM.030 Payable Management Activities | DI | Agencies for which Treasury disburses: Capture disbursement identifying and status information to reconcile agency payments with Treasury disbursements. | TFM Volume I, Part 2, Chapter 5100 Reconciling Fund Balance with Treasury Accounts | |
| FFMSR.2.3.2.2 | FFM.110 Financial/Performance Reporting | FFM.110.010 Treasury Reporting | P | Verify that financial statements and other required financial and budget reports can be traced to GL account balances as required by OMB Circular No. A-123 and as specified in the TFM. | OMB Circular No. A-123, Part III, Assessing Internal Control Over Financial Reporting, Item C, Evaluating Internal Controls at the Process, Transaction, or Application Level; USSGL, Section IV USSGL Account Attributes for USSGL Proprietary Accounts and Budgetary Account Reporting; USSGL, Section V USSGL Crosswalks to Standard External Reports; USSGL, Section VI USSGL Crosswalks to Reclassified Statements
Additional Reference(s) FFMSR 1.3.1 Providing GL Information |
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| FFMSR.2.4.1.1 | - | - | P | Provide and monitor federal information system security controls consistent with information system category (low, moderate, high), impact on security objectives (confidentiality, integrity, availability), and minimum security requirements (for example, access control, configuration management, and incident response) as specified by National Institute of Standards and Technology (NIST) and consistent with OMB Circular No. A-130. | NIST SP 800-53, Recommended Security Controls for Federal Information Systems; NIST Federal Information Processing Standards (FIPS) Publication 199, Standards for Security Categorization of Federal Information and Information Systems; NIST FIPS Publication 200, Minimum Security Requirements for Federal Information and Information Systems; OMB Circular No. A-130, Management of Federal Information Resources | |
| FFMSR.2.4.1.2 | - | - | P | Provide and monitor protection of personally identifiable information about individuals collected, maintained, used, and disseminated by the Federal Financial Management System in support of the Privacy Act and consistent with OMB Circular No. A-130. | OMB Circular No. A-130, Management of Federal Information Resources, Part 8.a., Policy, Information Management Policy; OMB Circular No. A-130, Management of Federal Information Resources, Appendix I, Federal Agency Responsibilities for Maintaining Records About Individuals |
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