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Common Questions and Answers

Governmentwide Financial Report System (GFRS)

What is the GFRS?

GFRS is an Oracle based internet application customized to meet the business needs of FMS in order to collect financial data used to prepare the FR. The system is designed to grant certain permissions to different user roles that will allow each user to navigate to the separate modules within the system. Only certain roles will have permission to input data, modify data, and approve data.

What is the Closing Package?

The Closing Package is a prescribed format of financial statements needed to prepare the Financial Report of the United States Government (FR).The closing package is a designed methodology used to link agencies’ comparative, audited consolidated, department-level financial statements to the FR.

Who is required to prepare the Closing Package?

The Chief Financial Officer (CFO) or the designee of selected agencies must prepare and submit the Closing Package. Agencies provide their department-level comparative, audited, financial statements data via GFRS. The inspector general (IG) of each verifying agency must opine on the Closing Package data.

Do I have to re-enter my prior year data?

No, prior period data will automatically populate in GFRS after selecting the reporting method in module GF002 (Audited Financial Statement).

How do I know what information to submit in GFRS?

The TFM - I TFM 2-4700: Agency Reporting Requirements for the Financial Report of the United States Government describes how agencies provide data for inclusion to the Financial Report of the Unites States Government. It also provides the closing package mythology. The link to the TFM is as follows: Fiscal Year 2011 I TFM 2-4700.pdf

When do agencies have to submit the Closing Package via GFRS?

The FR Reporting and Submission dates can be found in Figure 2 in I TFM 2-4700: Agency Reporting Requirements for the Financial Report of the United States Government.

Is there a GFRS User Manual?

The GFRS User Manual is available at the following link: GFRS User Manual
(Large File: 5,277 KB)

What operating system do I need to access GFRS?

To access GFRS you will need Microsoft Windows XP. If your operating system is Microsoft Windows Vista, please contact the FMS Service desk for specific instructions on how to access GFRS.

What internet browser do I need to access GFRS?

To access you will need Internet Explorer (IE) 6 or 7.

How do I access GFRS?

To access GFRS you will need to log in through the GOALS II/IAS log in screen. The URL is as follows: http://fmsapps.treas.gov/ias. If you are an existing user of any application on the About IAS page, you must change your password the first time you log on and proceed to log into GFRS. This is necessary to synchronize your password in Oracle with your Big Admin Common Logon password. Make sure you click on the GFRS link in the same session that you changed your password in.

If you are not an existing user, you will need to complete an Enterprise System Access Request (ESAAS) form requesting access to the GFRS application. The form can be obtained at the following link: ESAAS Form. Once this request is granted, as with other applications, you will simply click on the GFRS link to begin using the application. If you do not already have a GOALS II/IAS user ID and password, you will need to submit an ESAAS form requesting a user ID, password, and access to the GFRS application. An initial password will be assigned to your new account. Further information will be provided on the completion and submission of an ESAAS form in order to access GFRS.

Do I need a security ID card to access GFRS?

No, a secure ID card is not required to access GFRS. Internet access and a valid user ID and password will allow you to enter GFRS.

If I encounter problems trying to access GFRS, who do I contact?

If you are encounter problems accessing GFRS, please contact the FMS Service Desk at 202-874-4357 or via email at FMS Service Desk.

Federal Agencies’ Centralized Trial-Balance System (FACTS I)

Do I still need to submit Master Appropriation Files (MAF) and Adjusted Trial Balances (ATB)?

Yes, the MAF and ATB submission processes is still required via the FACTS I Application. The ATB data is used as a tool to facilitate the Closing Package and for research and analysis purposes during the compilation of the FR.

Are the nonverifying agencies responsible for submitting ATBs?

Yes, the nonverifying agencies are responsible and must submit their ATB data via the FACTS I application and will complete the FR Notes and Other FR Data modules via GFRS. GFRS compiles the data from the FACTS I submission for nonverifying agencies into a set of “generic” financial statements that are included in the consolidated FR.

Are the verifying agencies responsible to submit ATBs?

Yes, the verifying agencies are responsible and must submit their ATB data via the FACTS I application. The verifying agencies will be able to view their ATB data in both FACTS I and GFRS. The ATB data submitted by verifying agencies is used for research an analysis purposes during the compilation of the FR.

Is there a FACTS I Users Guide?

The FACTS I User Manual is available at the following link: FACTS I User Guide.

Do I need a security ID card to access FACTS I?

No, a secure ID card is not required to access FACTS I. Internet access and a valid user ID and password will allow you to enter FACTS I.

If I encounter problems trying to access FACTS I, who do I contact?

If you are encounter problems accessing FACTS I, please contact the FMS Service Desk at 202-874-4357 or via email at FMS Service Desk.

Intragovernmental Fiduciary Confirmation System (IFCS)

What is IFCS?

IFCS is the official confirmation system for Federal departments and agencies that engage in fiduciary intragovernmental transactions. The Web site for confirming agency balances is http://fmsapps.treas.gov/ias.

What are the categories of fiduciary intragovernmental transactions that need to be confirmed in IFCS?

The categories of fiduciary intragovernmental transactions are: Investments, Borrowings, Federal Employee’s Compensation Act transactions and Employee Benefit Program transactions.

Do I need a security ID card to access IFCS?

No, a secure ID card is not required to access IFCS. Internet access and a valid user ID and password will allow you to enter IFCS.

If I encounter problems trying to access IFCS, who do I contact?

If you encounter problems accessing IFCS, please contact the FMS Service Desk at 202-874-4357 or via email at FMS Service Desk


   Last Updated:  March 14, 2014