The BETC is an 8 character code used in the GWA system to indicate the type of activity being
reported, such as payments, collections, borrowings etc. This code must accompany the
Treasury Account Symbol (TAS) and the dollar amounts in order to
classify the transaction against the fund balance with Treasury.
BETC in effect replaces the transaction codes and standard sub-classes that are currently used
on the central accounting reports, such as those used on the Statements of Transactions (FMS Form 224) and the Undisbursed Ledger and Trial Balance Reports (FMS Forms 6653 and 6654).
How many are there?
There are approximately 250 BETCs currently identified in the GWA system. About half of those
BETCs are related to Non-Expenditure, Borrowing, and Warrant transactions. Since those types of
transactions are processed directly in the GWA system through their applicable GWA modules, those
BETCs are automatically assigned behind the scenes within each GWA module.
The other half of the BETCs are related to Payment and Collection transactions. Those BETCs
will be reported through interfacing systems, such as IPAC. This means that agencies will be
required to provide those payment and collection BETCs when reporting transactions through the
interfacing systems.
What are the BETCs agencies need to know?
Click here to display BETCs
applicable for payments and collections. The explanation of each column follows:
BETC: the 8 character code identifying the business event.
Business Events/Activity Types: the title or short description of the business event type code.
These titles will appear in the Account Statement, Transaction level screens. The intent is to
provide a better, more intuitive description of the transaction being displayed, as opposed to the
current numeric codes.
IPAC Payment or Collection Indicator: indicates whether this BETC is for the payment of the
collection side of an IPAC transaction.
Account Statement Category: tells which category a BETC would be displayed within the Account
Statement (AS) application. These categories parallel or tie back to the same line items on the
original Undisbursed Trial Balance Report (SF 6654), with one exception -- the Net Disbursements
on the SF 6654 can now be broken out between Gross Disbursements and Offsetting Collections on
the AS, or can continue to be displayed as Net, if preferred.
Undisbursed Trans Code (TC) and Subclass (SC): codes that are used in the current processing
of transactions via Treasury's central accounting system (STAR) and currently being presented on the
Undisbursed Ledger Report (SF 6653). These 2 columns are presented as a crosswalk between each new
BETC in GWA to its corresponding old TC and SC in STAR.
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   Last Updated:  Wednesday January 07, 2009