Use of Central Accounting Data (UCAD) to Reconcile September 19, 2007 Yianting Lee

2 Use of Central Accounting Data - UCAD Purpose To Improve interagency eliminations by providing agencies a tool to reconcile transactions and balances directly to Treasury Central Accounting data (authoritative data)

3 UCAD – cont’d Benefit To address the following reporting inconsistencies,  in agency financial statements vs. agency monthly reporting to the Treasury  Agency financial statement data not consistent with USSGL by matching with the authoritative data (one-to-one relationship from Central Accounting System to year-end financial reporting)

4 New Transfers Categories –FY 2007 RCCategory Name Pairing of Accounts Receiving AgencyProviding Agency USSGL Account USSGL Account Title USSGL Account USSGL Account Title 07Appropriation of Unavailable Trust or Special Fund Receipts 5740F(XX)Appropriated Earmarked Receipts Transferred In 5745F(XX)Appropriated Earmarked Receipts Transferred Out 08Nonexpenditure Transfers of Unexpended Appropriations and Financing Sources 3102F(XX)Unexpended Appropriations - Transfers-In 3103F(XX)Unexpended Appropriations - Transfers-Out 5755F(XX)Nonexpenditure Financing Sources - Transfers-In 5765F(XX)Nonexpenditure Financing Sources - Transfers-Out 09Expenditure Transfers of Financing Sources 5750F(XX)Expenditure Financing Sources - Transfers-In 5760F(XX)Expenditure Financing Sources - Transfers-Out * Replacing RC 19 & 28

5 Changes are in  FY 2007 TFM, Receiprocal Categories  FY 2007 Intragovernmental Accounting Policy Guide, Section 20.1 New Transfers Categories –FY 2007 cont’d

6 Agency Generated Reports - UCAD Three types of reports for each category

7 Set parameters for the report: Period: accounting month in Fiscal year For Example: October: Period 1 Summary Report by Activity Type – cont’d

8 Lists the Rpt title and USSGLs w/in parameters ParametersExport the report out to PDF/Excel For: AXFERC, AXFERD, BXFERC, BXFERD CXFERC, CXFERD Summary Report by Activity Type – cont’d

9 provides more transaction details to assist the agencies to reconcile: Transaction Reference Number in the Central Accounting Data Detail Report

10 Trading partner’s information Detail Report – cont’d

11 Upcoming … Reports (RC 7 & 8) are available for the agencies now Reports can be used as a tool to assist agencies during the reconciliation process Reports will be required to be used to reconcile the GFRS/IRAS data reporting in the future Similar reports will be available for other authoritative data in 2008 and beyond:  FBWT  CIHO  Investments  Borrowing Activity  Net Outlays  Appropriation Warrants  … and more…