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Finance Process Review Committee Meeting November 15, 2011

Government Wide Accounting (GWA) and Modernization Project Update Treasury Financial Management Service (FMS) System Changes &Timelines Impacts and Status. Finance Process Review Committee Meeting November 15, 2011. Treasury Standardization: Goal, Requirement, Target .

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Finance Process Review Committee Meeting November 15, 2011

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  1. Government Wide Accounting (GWA) and Modernization Project UpdateTreasury Financial Management Service (FMS) System Changes &Timelines Impacts and Status Finance Process Review Committee Meeting November 15, 2011 Integrity - Service - Innovation

  2. Treasury Standardization: Goal, Requirement, Target • *Guidance issued by Treasury/FMS Commissioner-Memo dated 1/14/11 • Goal: Eliminate Federal Agencies current month end reporting • SF 1219, Statement of Accountability • Expenditure transactions reported • IPAC • Collections • Payments (Disbursements) • DoD, Disbursing Officer Cash • SF 1220, Statement of Transactions • Transactions reporting changes to Treasury level TASs • Interfund Billings • Cross Disbursements • Reimbursable Billings • Accounting Adjustments • Collections/Disbursements • Requirement: Capture and report standard accounting data on all expenditure transactions • Treasury Account Symbol (TAS) • Business Event Type Code (BETC) • Target Date: Oct. 1. 2014 • - TDOs and NTDOs (Advised of addition guidance for payments) Integrity - Service - Innovation

  3. Challenges for Compliance • Treasury • Resolving DoD reporting of Disbursing Officer cash to an approved TAS (1219 line 5) • DoD/DFAS working group developing proposal to use an existing acct • Completing development of the Payments Information Repository (PIR) for NTDOs – Target, January 2013 • Resolving daily reporting process for DoD unique reporting DSSNs/ALCs • DoD • Determine end-state systems solution to transition from monthly to daily reporting • Reclassification and reconciliation of FBWT critical and must be maintained • Developing business processes and system changes to support implementation of an approved TAS to report Disbursing Officer cash • Clearing all current Statements of Differences to zero before elimination from 1219/1220 • Completely eliminating the consolidated Statements of Accountability &Transactions currently submitted monthly to Treasury for Navy, Army, and Air Force by 2014 Integrity - Service - Innovation

  4. NAVY • DCAS DoD GWA Implementation Status - IPAC Pilots • Eliminate expenditure transactions from monthly statements (1219/1220) Disbursing Officer Cash IPAC Collections Payments • JAN 2013 • *Target “live” date * • IPAC for ALC 8522 • Not reported on 1219 • TBD 2013 • Develop new SCR to eliminate multiple collection DSSNs In Development TBD • TBD 2013 • Develop new SCR to eliminate multiple collection DSSNs In Development TBD TBD • * Trust Funds ALC (97200010) Full GWA Reporter - 1 SEP 09 * Integrity - Service - Innovation

  5. Next Steps • Interfund processes and applicability are being reviewed jointly by DoD and Treasury to assess impacts and possible mitigation strategies • Complete Business Case for DoD systems & reporting solution • Continue joint action with Treasury scoping size of DoD; Develop more aggressive GWA implementation strategy • First meeting held Sept. 29, 2011 • Re-occurring meeting schedule will begin January 2012 • Continue working with Treasury, Payments Mgmt. on requirements for PIR • First DoD requirements gathering/information session held Sept. 14-15, 2011 • Repeat session for military service reps. & ERPs unable to attend, scheduled Nov. 30, 2011, Treasury/FMS – Hyattsville, MD (Conference line available) Integrity - Service - Innovation

  6. QUESTIONS?? Tracy.Jackson@dfas.mil Lead, GWA/GTAS Project Office Enterprise Systems Integrity - Service - Innovation

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