Treasury UpdatesGovernmentwide Accounting

Central Accounting Reporting System (CARS)

May 22, 2014March 7, 201

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Central Accounting Reporting System (CARS)

•Benefits for Agencies•Benefits Across Government•Transition status•Upcoming training opportunities

Benefits for Agencies to Become CARS (TAS BETC) Reporters

•Daily Account Statement•More Transaction-level details in Account

Statement•Daily reclassification functionality•Elimination of the Statement of Difference

Governmentwide Benefits of Daily Reporting

•Supports Governmentwide data transparency

•Supports Governmentwide standardization

•Allows streamlining in Treasury processes and reports

•Improves data for downstream systems/processes

Future Transaction & Reporting

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NTDO Payments

FR

USSLG TFM Agency F/S

Intragov Reports

TDO Payments

Collections

IPAC

SAM

Account Statement

Monthly Treasury StatementCombined Statement

GFRSFRB

CIA

System Changes and Timelines

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• Commissioner Lebryk Reaches Out to Agency CFOs Regarding Modernization Initiatives

January 14, 2011March 23, 2012April 11, 2013April 11, 2014

• October 1, 2014 agencies should have a transition plan in place for each ALC by source system or request GWA’s CRM Division to help you develop one

CARS Reporter (IPAC) conversion• Transition: Self Analysis• Utilize the IPAC Transaction Download Report to

compare to what is on your General Ledger (GL)• This report should be downloaded twice a month to verify

readiness to GO LIVE the following month

• Choose a Go Live date

• Go Live!• Omit IPAC transactions from 224/CTA submission• TAS/BETC classification at initiation becomes official post

to your FBWT• IF IPAC only, you are a Full Reporter• As a Full Reporter you now have access to reclass on a daily basis

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This is the lowest level of detail you can retrieve from the Acct Stmt. This example shows the additional IPAC details available for a CARS IPAC Reporter.

CARS Reporter (Collections) conversion• Transition: Data Analysis• Review the data twice/month• Provide excel spreadsheet if corrections/updates to cash

flow profiles or source systems are needed• Transition to go live after one month of transitioning

• Go Live!• Section 3 of the 224/CTA is CLOSED• Ability to view collection transactions daily• C-Key to TAS/BETC classification at initiation becomes

official post to your FBWT• IF Collections only, you are a Full Reporter

• As a Full Reporter you now have access to reclass on a daily

basis

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This example shows the additional Collection details available for a CARS Collection Reporter.

CARS Reporter (Payments) conversion• Transition

• Manual end to end testing available (optional)• ALC/CARS/PM determine file/system testing period• Choose a Go Live date

• Go Live!

• Omit Payment transactions from 224/CTA submission• TAS/BETC classification at initiation becomes official

post to your FBWT• IF Payments only, you are a Full Reporter• As a Full Reporter you now have access to reclass on a daily

basis

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This example shows the additional Payment details available for a CARS Payment .

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CARS Transition Status as of May 2014

Agency Location Code (ALC) Conversion Update: 5/6/2014

 

CurrentlyConverted

as of 5/1/2014

Total #ALC

Piloting

Planned Beyond

FYQ3 2014

Total # ALC per

TransactionPercent

Complete

TDO ALC   IPAC Reporters 344 111 174 629 55%   Payments Reporters 71 164 192 427 17%   Collections Reporters 213 94 220 527 40%

Agency Location Code (ALC) Conversion Update: 5/06/2014

 

CurrentlyConverted

as of 5/1/2014

Total #ALC

Piloting

Planned Beyond

FYQ3 2014

Total # ALC per

Transaction

PercentComplete

NTDO ALC   IPAC Reporters 1 9 158 168 1%   Payments Reporters 0 0 501 501 0%   Collections Reporters 0 3 516 519 0%

Check off your list!• Discuss the changes needed in your

agency to convert from monthly reporting to daily reporting

• Develop a transition plan

• Should be aware that Section 2 and 3 of the 224 will be closed. If you are not the 224/CTA preparer, pass the word

• Work with SAM now to get access, set up/update defaults and cash flow profiles

• TRANSITION PLANS BY OCTOBER 1, 2014

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CARS workshops (Hyattsville, MD) June 10

GWA Training and Outreach 2014 CARS Sessions – 1st and 2nd Friday every month

Informational Sessions Weekly

E-Learning Module – Becoming a CARS Reporter www.fms.treas.gov/cars/training.html

GWA Public Website www.fms.treas.gov/cars

Upcoming Outreach

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Contacts16

• Customer Relationship Management Division (CRMD)

• Director, Carolann Marker (Carolann.Marker@fiscal.treasury.gov) (202)874-9776

• IPAC – Dominique McCreary (Dominique.McCreary@fiscal.treasury.gov) (202)874-6352• TDO Payments – Luz Davila Lopez (Luz.Davila.Lopez@fiscal.treasury.gov) (202)874-8599• Collections - Katy Borys (Katy.Borys@fiscal.treasury.gov) (202)874-9005

CRM Mailbox – gwa.crmd.users@fiscal.treasury.gov

Treasury Support Center – (877) 440-9476