Overview - Transitioning from CA$HLINK II
Many people think that TRS is a replacement for CL II. However, the systems have different data, functions and features. TRS is solely a reporting mechanism for deposits and detail of collections transactions, while CL II supports multiple functions. CL II does provide deposit reporting, but it also allows for cash concentration and voucher corrections. Under the design or architecture of CCMM, functions of CL II which will not be provided by TRS will be performed in other Treasury systems.
While CL II reports only on deposits, TRS will be a single source for all collections data, including both summary and detail. TRS will also provide data across collections sources, enabling FPAs access to all information from a single source.
For a detailed comparison of data, features and functions of TRS and CL II used by Federal Program Agencies, select this link.
Sunset of CA$HLINK II (CL II)
In January 2010, FMS provided a CA$HLINK II Sunset Update with a proposed target sunset date of 2012 in an e-mail to agenciesfrom Tamara L. Whitaker, Director, Accounting and Data Management Division.
Impacts to Users of the New Credit Gateway
Credit Gateway is a new FMS service that receives all incoming wire transfers and ACH credit payments to the Federal government. It replaces the Fedwire Deposit System (FDS), Remittance Express (REX), and other electronic funds transfer (EFT) credit collections mechanisms. The Credit Gateway reports detail and summary Fedwire and ACH data to TRS. There are a number of impacts to agencies as a result of the implementation of Credit Gateway, including accessibility to Fedwire intra-day data and future-dated ACH data currently available in CA$HLINK II (CL II).
Fedwire and ACH credit collections information are still available in CL II. CL II continues to provide the same reporting capabilities but the timing of data availability has changed.
CL II no longer provides notifications when a Fedwire or ACH voucher is created. If needed, TRS will be enhanced in the future to provide email notifications to agencies when a Fedwire or ACH voucher is created.
Impacts of TRS on GWA Reconciliation
The Governmentwide Accounting and Reporting Modernization (GWA) Project and Collections and Cash Management Modernization (CCMM), though separate FMS initiatives, are inter-related by the objective of reporting collections information the "GWA Way." CCMM enables the reporting of revenue collections in support of GWA modernization efforts. Modernized collections channels will record receipt classifications and report them to the Transaction Reporting System (TRS). TRS will support a new, simplified GWA accounting process. TRS will receive and report the Treasury Account Symbol (TAS) and Business Event Type Code (BETC) or Classification Key (C-Key) for collections on a daily basis. This will facilitate agencies to become GWA reporters, to use the Classification Transactions and Accountability (CTA), and to use the GWA Account Statement. That will help eliminate the two-step classification process (Statement of Transactions and Statement of Differences) and use of GOALS II.
Availability of Data in TRS
TRS is being deployed using a phased-implementation strategy. Using this approach, different collections sources will begin reporting financial transaction information over a four-year period. Additional collections sources reporting data to TRS will be added throughout Calendar Year 2011 and into 2012. The TRS Data Availability Plan is here.