GWA Partnership Council

1
GWA Partnership Council

• CGAC and FMLoB Guidance
• Robin Gilliam
• May 18, 2009

2
What is CGAC and How does it impact FMS?

• CGAC is the Common Governmentwide
• Accounting Classification Structure with
• 60 data elements
• Version 1.0 was published in July 2007
• Version 2.0 to be published by end of 2009
  www.fsio.gov
• FMS is concerned with the data elements that are
• collected for
• Fund Balance With Treasury transactions and
  reporting (TAS/BETC) http//fms.treas.gov/gwa/fact
  sheet_tas.html
• the USSGL accounts attributes associated with
  quarterly and year-end financial reporting

3
Implementing CGAC at FMS

• TAS
• Bureau Code
• USSGL Attributes

4
Overview of CGAC TAS Components
5
What FMS needs to do to Implement CGAC TAS

• Data Conversion
• Updating FMS data base from a 2 digit Department
  Regular (DR) code to 3 digit Agency Identifier
  (AID) code
• Technical/structure change to database Account
  Maintenance
• Change to actual data
• Change agencies from their 2 digit DR to 3 digit
  AID

6
Implementing CGAC TAS (cont.)

• First - FMS needs to inform agencies
• Sent CFO letter and list of expenditure accounts
  informing of how codes will change June -
  August 08
• Received and incorporated comments
• Will send CFO Letter and complete account
  crosswalk from current TAS to new CGAC TAS and
  new Standard Bureau Code - August 09
• Comments due September 09

7
Implementing CGAC TAS (cont.)

• Second - FMS needs to Move Agencies
• to new Department Regular Codes
• The following agencies will start to use their
  new 2 digit Department Regular Code and new Main
  accounts in support of moving to their 3 digit
  agency identifier code
• Treasury Managed Trust Funds April 13, 2009
• Legislative 2010 possible new main accounts
• International Assistant Programs (IAP) 2010
  possible new main accounts

8
Implementing CGAC TAS (cont.)

• Third - FMS will start to transition
• From collecting the current Treasury Account
  Symbols
• To collecting the CGAC TAS for our transaction
  and reporting systems beginning in 2011
• This implementation plan, per each FMS
  application, is under development
• Most of FMS applications will accept display
  both current and CGAC TAS, except FIRST GTAS
  https//www.fms.treas.gov/gtas

9
Implementing the Governmentwide Standard Bureau
Code

• Working with OMB to align and standardize the
  Bureau Codes Governmentwide

10
Implementing the USSGL CGAC Attributes

• Working with FSIO, OMB and the USSGL to finalize
  the USSGL attributes for the GTAS implementation
• Final attributes will be published in CGAC
  Version 2

CGAC Version 2 Fall 2009
11
Financial Management Line of Business
(FMLoB)Standardizing Financial Management across
the Government

• Financial Management Lines of Business (FMLoB)
• FMS working very closely with OMB and FSIO on
• Payment Funds Management
• Receivables
• Reporting
• Reimbursables (Buy/Sell) Management
• Standardize an interagency agreement
• Develop communication tool for processing
  reimbursable activity
• Help to remove audit finding concerning
  elimination entries

12
Managing Agency Reimbursable (Buy/Sell)
Agreements FMLoB Reimbursables
Agreement
Seller
Buyer
Invoice
Key Initiates
Approves
13
Reconciling Elimination Entries
Annual Department Financial Report
Beyond FMLoB Reimbursables
Trading Partner Quarterly Reporting and
Reconciliation
Daily Reimbursable Buy/Sell Agreements
14
FMS Contact Information

• Robin Gilliam CGAC, FMLoB Standardization
• robin.gilliam_at_fms.treas.gov, 202-874-9133