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This chapter provides information on the TFM’s purpose, composition, types of releases, and forms. Appendix 1 includes a list of TFM supplements and their Web site addresses.
The TFM is the Department of the Treasury’s (Treasury’s) official publication for financial accounting and reporting of all receipts and disbursements of the Federal Government. Treasury’s Financial Management Service (FMS) issues the TFM to provide policies, procedures, and instructions for Federal departments and agencies, Federal Reserve Banks (FRBs), and other concerned parties to follow in carrying out their fiscal responsibilities.
In accordance with 31 United States Code (U.S.C.) 331 and 3513, the Secretary of the Treasury has reporting responsibility. Other statutes and Executive Orders specifically place regulatory responsibility with Treasury for other subject matter presented in the TFM.
The TFM is comprised of six volumes. Each volume covers different subject matter and is directed to particular audiences. The volumes are:
Users may access Volumes I, IV, V, and VI on the FMS Internet Web site at http://www.fms.treas.gov/tfm. Only authorized users may access Volume II on the FMS Intranet. As described above, Volume III is reserved.
Volume I applies to all Federal agencies. It is divided into the following six parts:
The TFM is comprised of the following types of releases:
The first chapter of each volume describes the makeup of that volume, the procedures covered, and other included material.
User may access TFM chapters on the following Web sites:
See the TFM transmittal letter Web site at http://www.fms.treas.gov/tfm/vol1/tl.html.
The Contacts page of each chapter directs users to the organization(s) responsible for the technical content of the chapter. The first contact is the area with ownership responsible for the chapter. If the chapter contains specific or technical material relating to other areas, the Contacts page also includes the contact information for those areas.
For questions regarding a TFM chapter, users should contact the responsible area listed on the Contacts page.
TFM chapters can include appendices. These appendices generally contain forms, charts, instructions, or additional information helpful in implementing chapter procedures. A chapter with more than one appendix has an “Appendices Listing” page that lists the appendices in numerical order.
At the beginning of each fiscal year, FMS issues a Retention Bulletin for TFM volumes that have bulletins and chapters released or rescinded in the prior fiscal year.
Users may access TFM bulletins on the Web site at http://www.fms.treas.gov/tfm/ vol1/bull.html.
Each bulletin includes an inquiries paragraph that lists the area with ownership responsibility for the bulletin. For questions regarding a TFM bulletin, users should contact the responsible area listed in the Inquiries paragraph.
Bulletins can include attachments. These attachments generally contain forms, charts, or additional instructions.
Users may access TFM announcements on the Web site at http://www.fms.treas.gov/tfm/vol1/announce.html.
For questions regarding a TFM announcement, users should contact the responsible area listed in the Inquiries paragraph.
TFM supplements include detailed instructions, worksheets, and guidelines for financial reporting and accounting procedures. They are extensions of the TFM. Supplements cover such areas as cash management, credit administration, and the U.S. Government Standard General Ledger. See Appendix 1 to this chapter for a listing of TFM supplements and their Web addresses.
Users also may access TFM supplements on the Web site at http://www.fms.treas.gov/tfm/vol1/supp.html.
In compliance with the Government Paperwork Elimination Act requirement that Federal agencies provide electronic options for transactions with Government, FMS has done the following:
FMS has developed a Web site at http://www.fms.treas.gov/forms.html that includes some FMS-produced forms to support products and services. Unless exempted by law or FMS, all departments and agencies use standard accounting and reporting forms and related procedures, including those the Government Accountability Office has prescribed.
The following forms are used for TFM release updates, new TFM releases, TFM release certification, and TFM release rescission:
TFM releases include subject matter expert contact information on the “Contacts” page for chapters, or in the “Inquiries” paragraph for bulletins and annoucements. TFM users should contact the subject matter expert, per the point of contact information, for questions concerning the TFM release content or for further assistance.
AC Area TFM Coordinators are the primary points of contact within each FMS AC area for TFM releases. They coordinate TFM release updates, certifications, and rescisions; and the publication of new TFM releases.
The TFM staff members’ edit, rewrite, and format TFM releases. In addition, they maintain the TFM Web site. They are not subject matter experts on the information or guidance presented in TFM releases.
Users may subscribe to the automatic email notification system for TFM updates at the following link: http://fms.treas.gov/scripts/subscription. The automatic email notifies users of a TFM update and also provides a link to the updated TFM release.
Direct inquiries concerning this chapter to:
U.S. Standard General Ledger Advisory Division
Financial Management Service
Department of the Treasury
3700 East-West Highway, Room 221A
Hyattsville, MD 20782
Cash Management Made Easy Guidebook (http://fms.treas.gov/crm/cashmanagementmadeeasy.html)
Managing Federal Receivables (http://www.fms.treas.gov/debt/Guidance_MFR.html)
Federal Account Symbols and Titles (FAST) Book (http://www.fms.treas.gov/fastbook/index.html)
Manual of Procedures and Instructions for Cashiers (Cashier's Manual) (http://www.fms.treas.gov/imprest/cashiers_manual.pdf)
The Greenbook (http://www.fms.treas.gov/greenbook/index.html)
U.S. Government Standard General Ledger (http://www.fms.treas.gov/ussgl/index.html)
Guide to the Federal Credit Bureau Program (http://www.fms.treas.gov/fedreg/guidance/fedcreditbureauguide.pdf)
Fund Balance With Treasury Reconciliation Procedures (http://www.fms.treas.gov/tfm/vol1/supplements/supp-v1p2c510.html)
Treasury Report on Receivables and Debt Collection Activities (http://www.fms.treas.gov/debt/dmrpts.html)
Now That You're a Certifying Officer (http://www.fms.treas.gov/tfm/vol1/CertifyingOfficer_29nov07.pdf)
Agency Self-Certification Guide (http://www.fms.treas.gov/tfm/vol1/agency_self-certification_guide_v13.pdf)
This transmittal letter releases revised TFM Volume I, Part 1, Chapter 1000: Purpose and Plan of the Treasury Financial Manual (TFM). This chapter provides agencies with information on the TFM’s purpose, composition, types of releases, and forms. Appendix 1 includes a list of TFM supplements and their Web site addresses.
|I TFM 1-1000 (T/L 655)||I TFM 1-1000|
|Table of Contents for Part 1 (T/L 636)||Table of Contents for Part 1|
This transmittal letter is effective immediately.
Direct questions concerning this transmittal letter to the TFM staff members via email to email@example.com.
David A. Lebryk
Date: March 30, 2012