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OverviewThe Governmentwide Accounting and Reporting Modernization (GWA) Project addresses the central accounting and reporting functions and processes associated with budget execution, accountability, and cash/other asset management. This includes the collection and dissemination of financial management and accounting information from and to federal program agencies. It also includes the business processes in FMS that are related to ledger accounting for each appropriation, fund, and receipt account's Fund Balance with Treasury, General Ledger accounting for the cash and monetary assets of the Government, and the preparation of the Monthly Treasury Statement and the U.S. Government Combined Statement and Appendix. In addition, GWA will improve information timeliness and accuracy to support improved financial analysis and decision-making. Partial FMS 224: Mandatory GOALS II ConversionThe GovernmentWide Accounting Modernization Project (GWAMP) is converting all FMS 224 users from the current GOALS II system to the GWA Partial FMS 224 as a GWA non-reporter. This process will be in two phases beginning June 2008 and must be completed by September 2008 for the August 2008 accounting period. The Chief Financial Officer and Certifying Officers will be notified as to when their Agency Location Code (ALC) will need to report using Partial FMS 224. No development changes are required by GWAMP, and no secure id card is needed to access Partial FMS 224, simply log onto www.gwa.gov. You will prepare your FMS 224 the same way you do today, the only difference is you will log onto a secure website. We will provide you with a Partial FMS 224 user enrollment date. Please do not begin enrolling for access to Partial FMS 224 until you are notified. Hands-on training will be provided at the following locations: Denver May 6th and 7th; Hyattsville May 14th and 15th; Dallas June 10th and 11th and Kansas City June 18th and 19th. Registration is available on-line; please go to Training to enroll. Also, an Online Tutorial will be made available beginning mid-May. Questions or Comments regarding the FMS 224 Conversion, please contact
Sheila Higgs at 202-874-8196 Quick Links |
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