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Friday, February 27, 2009

FSIO Releases Reports Management Standard Business Process Exposure Draft

Reports Management Standard Business Process Exposure Draft - February 2009

FMLOB Reporting Management - Reporting Management is the fourth chapter in a series of Federal Financial Management Standard Business Processes that establish the framework for consolidating and optimizing, financial accounting practices in the Federal Government to improve cost, quality, and performance government-wide.

Identifying the standard reporting capabilities that must be present in all Core Financial Systems ensures that Agencies will have the tools necessary to monitor the input, output, and operation of the Core Financial System, as well as produce basic data for use by both the Agency and regulatory reporting entities, such as OMB and Treasury. The following reporting categories are included in this release of the Reports Management standard business process:
  • Financial Statements
  • General Ledger
  • Payment Management
  • Receivable Management
  • Reimbursable Management
  • System Management and
  • Treasury Reporting
The review period for this exposure draft will end on March 25, 2009. Please submit your comments and questions in writing by close of business on March 25th to fsio@gsa.gov, using the comment template provided.

Cover Letter- [Word]- February 2009
Reports Management Exposure Draft- [Word] [PDF]- February 2009
Comment Template- [Excel]- February 2009

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