Proposed Changes to USSGL Chart of Accounts 2014 for 4th Quarter FY 2014

2. Topics • New Account for 2014 • 4th Quarter FY 2014 • Proposed Changes to the USSGL Chart of Accounts

3. 2014 New Account

4. 4th Quarter FY 2014

6. FACTS II FY 2014 (Year End) • ATB of Budgetary and some Proprietary USSGL Accounts • No changes for your cancellations and adjustments. • Follow the cheat sheet on the USSGL Website for guidance

7. FACTS II FY 2014 (Year End) • Typical 5th Year Cancellation: Use USSGL account 4350 The 2108 will process your cancellation in FACTS II/STAR • Cancelling Early in a no-year or FY:Use USSGL account 4351 Request a Surplus Warrant • Partial Cancellation in a no-year or FY:Use USSGL account 4351 Request a Surplus Warrant

8. FACTS II FY 2014 (Year End) • Partial “Adjustment” to Indefinite • Use USSGL account 4391 The 2108 will process your cancellation in FACTS II/STAR A FACTS II Reporter does not use ATM for their Cancellations/Adjustments

9. GTAS FY 2014 (Year End) • Bulk File Upload of Proprietary and Budgetary USSGL Accounts • You will use ATM for your Cancellations/Adjustments • The USSGL Transactions (Debits/Credits) stay the same as in the past only the method of how the money is moved is different.

10. GTAS FY 2014 (Year End) • Typical 5th Year Cancellation Use USSGL account 4350 Use ATM to cancel the money. • Cancelling Early in a no-year or FYUse USSGL account 4351 Use ATM to cancel the money. • Partial Cancellation in a no-year or FY Use USSGL account 4351 Use ATM to cancel the money.

11. GTAS FY 2014 (Year End) • Partial “Adjustment” to Indefinite • Use USSGL account 4391 Use ATM to cancel the money. A GTAS Reporter does use ATM for their Cancellations/Adjustments

12. FACTS II vs. GTAS

15. Cancellation Example • For a Expired TAFS, Definite, and end of 5th expired year cancellation. Debit 465000 Allotments – Expired Authority Credit 435000 Canceled Authority Debit 310600 Unexpended Appropriations – Adjustments Credit 101000 Fund Balance With Treasury

16. Cancellations • For more information go to: • http://www.fms.treas.gov/ussgl/approved_scenarios/index.html

17. Year End Special Validations and Edits • FACTS II has Edits – No Changes for FY2014 • GTAS has Special Validations and Edits • Two new Edits for Cancelation and Adjustments • Edit 65 compares USSGL account 4350 to a BETC • Edit 66 compares USSGL account 4391 to a BETC • The cancelation must be processed in ATM before you will pass these edits.

18. FY 2014 Modifications to Current USSGL Accounts • 109000 Fund Balance With Treasury Under a Continuing Resolution • 132100 Unfunded FECA Benefit Contributions Receivable • 299000 Other Liabilities Without Related Budgetary Obligations • 540500 Unfunded FECA Benefit Revenue • 718100 Unrealized Gain – Exchange Stabilization Fund

19. FY 2015 Proposed USSGL Accounts • 463500 Funds Not Available – Adjustments to the Exchange Stabilization Fund • 577700 Authority Transfer Control In • 577800 Authority Transfer Control Out • 729200 Other Losses from Impairment of Assets

20. FY 2015 Modifications to USSGL Accounts • 415500 Appropriation To Liquidate Contract Authority - Allocation - Transferred

21. Questions/Comments