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Reconciling Fund Balance With Treasury |
Course Introduction | The Department of the Treasury, pursuant to 31 USC 3513 is required to prepare reports on the financial operations of the United States Government. Furthermore, each executive agency must provide reports and information about its financial conditions and operation to the the Secretary of the Treasury as the Secretary may require. To meet these requirements, the Department of the Treasury, Financial Management Service, maintains a system of central accounts that integrates governmentwide financial transactions of 1) the Executive, Legislative, and Judical Branch Department and Agencies, 2) Federal Reserve Bank and Branches, 3) Disbursing and Collecting Accountable Offices, and 4) Treasury centrally processed Legistrative appropriation, fund, and receipt account authorizations. In order to control the the governmentwide central accounting system integration process, agencies are required, pursuant to Treaury Financial Manual, Volume I, Part 2, Chapter 5100, Section 5130, to reconcile their Stndard General Ledger (SGL) 1010 account balances for each fund symbol with Treasury's records, Fund Balance With Treaury (FBWT) (FMS 6653 and 6655) monthly. To view other financial management training courses, Go to FMSI Financial Management Training Curriculum Website | |
Learning Objectives | The objective of this course is to: 1. Provide an overview of the Treasury Governmentwide Accounting System integration process. 2. Provide an understanding ot the agency reporting processes that facilitate the FBWT integration. 3. Provide an understanding of the documents that are used in the FBWT integration process. 4. Provide a definition of terms related to the FBWT reconciliation process. At the end of each learning module you will complete a post test and any remedial instruction required. You must score 80% or higher to pass the course. |
Background & Policy |
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Pre-Test (Optional) | ||
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Background | ||
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Policy | ||
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End of Module Test (Post-Test) | ||
Reconciliation Overview |
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Pre-Test (Optional) | ||
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Definition of Terms | ||
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Frequently Asked Questions | ||
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Helpful Hints | ||
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Acronyms and Forms | ||
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Most Commonly Made Errors | ||
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End of Module Test (Post-Test) | ||
Overview - Governmentwide Accounting System |
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Pre-Test (Optional) | ||
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Functional Overview | ||
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End of Module Test (Post-Test) | ||
Reconciliation of Agency SGL Fund Balances with Treasury Accounts |
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Pre-Test (Optional) | ||
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Reconciling Form 6653 and Form 6655 | ||
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Reconciling Form 6652 for Deposit & Disbursing Transactions | ||
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Reconciling Non Treasury Disbursing Office (NTDO) Transactions | ||
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End of Module Test (Post-Test) |
End of Syllabus