This fundamental course for Non-Treasury Disbursing Offices (NTDOs) examines the purpose and preparation of the FMS 1219: Statement of Accountability and the FMS 1220: Statement of Transactions used by federal agencies who have the statutory authority to issue payments. Students focus on reporting transactions by Agency Location Code, Appropriation, and other fund symbols. Students learn how to report deposit and disbursement transactions and the source documents used to prepare these reports.
Major topics include:
Terms and concepts
Deposit and disbursement processes used by most federal agencies
Submission deadlines
Reporting by federal accounts (Receipts, Expenditure and Suspense)
Document preparation (by section/by line)
Making corrective entries
Collection, disbursement and check cancellation source documents used
to prepare the report (FMS 215, 5515, 1166, OPAC, 145)
Spotting "red flags" and edit checks in reporting
GOALS II "Internet" Submission
Who should attend:
Preparers, reviewers especially Auditors and Systems personnel or anyone interested in a comprehensive explanation of the FMS 1219: Statement of Accountability and FMS 1220: Statement of Transactions used by Non-Treasury Disbursing Offices (NTDOs). Excellent for those with no prior knowledge.