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Millennium Challenge Corporation Citigroup Compact Payment System Overview

Millennium Challenge Corporation Citigroup Compact Payment System Overview. Compact Reimbursement. Compact Payment Certification. Compact Payment Request. Compact Awards. Compact Financial & Performance Reporting. Compact Reimbursement. Compact Financial & Performance Reporting.

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Millennium Challenge Corporation Citigroup Compact Payment System Overview

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  1. Millennium Challenge Corporation Citigroup Compact Payment System Overview

  2. Compact Reimbursement Compact PaymentCertification CompactPayment Request Compact Awards Compact Financial & Performance Reporting Compact Reimbursement Compact Financial & Performance Reporting Compact Project Award Compact Award Compact Payment Request CompactPayment CompactPayment MCC Citigroup Compact Payment Overview(Uses Federal Credit Card Reimbursement EFT Process, i.e., ACH or FEDWIRE) 1. Compact Award 2. Compact Payment Request 3. Compact Payment 4. Compact Payment Certification – Credit Card Reimbursement Process 5. Compact Reimbursement 6. Compact Financial & Performance Reporting MCC TreasuryFMS RFC Federal Reserve Bank Millennium Challenge Account (MCA) CitigroupPerformance ReportingCompact AwardCompact Payment RequestCompact PaymentCompact Reimbursement Grantee MCA Project 1 Payee Bank MCA Project 2 MCA Project 3

  3. MCC Citigroup Compact Payment Overview(Uses Federal Credit Card Reimbursement EFT Process, i.e., ACH or FEDWIRE) Financial & Performance Reporting Requirements • Financial Reporting: • Core Accounting System USSGL Interface Reporting • SF269 – Financial Status Report • SF270 – Request for Advance or Reimbursement • SF272 – Federal Cash Transaction Report • FFR – Federal Financial Report Instructions for Preparation • FFR – Federal Financial Report – Comments • USSGL Core Accounting System Interface Report • JFMIP/FSIO Core Financial Systems RequirementsPayment Management Disbursing – Page 53PMD-44 - Interfaced payment entries—Record payment transactions from other systems, such as payroll and travel. Identify whether or not disbursement has already been made, and record the U.S. SGL prescribed general ledger entries. Schedule those disbursements not already made for payment through the Core financial system. - Page-58 • Financial Outlays By MCA/Grantee/Project • Performance Reporting: • Key Performance Indicator Report By MCA • Key Performance Indicator Report By MCA Grantee • Key Performance Indicator Report By MCA/Grantee/Project

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