PDF File1. Purpose
This announcement informs agencies that the Financial Management Service (FMS) has established a new report called the "Quarterly Receipts by Department" report. This report provides detailed information for transactions reported on the Statement of Transactions (FMS 224, 1220, and 1221) for distributed offsetting receipts reflected in the Monthly Treasury Statement. Agencies can use the report as an additional tool to assist with identifying and resolving differences between monthly budgetary reporting and the distributed offsetting receipts found on line 19C of the Statement of Budgetary Resources.
Distributed offsetting receipts include the following categories:
The Quarterly Receipts by Department report will be available at http://www.fms.treas.gov/mts on the 8th workday of January, April, July, and October each year.
Agencies still may reference the Treasury Combined Statement (TCS), Part Four Other Information, Receipts by Department, for fourth-quarter reporting. The TCS Receipts by Department preliminary report typically is available by the 10th workday of October. The final data typically is available by the 22nd workday of October. Agencies may review the TCS Receipts by Department report at http://www.fms.treas.gov/annualreport/receipts-by-dept.html.
2. Inquiries
Direct questions concerning this announcement to:
Budget Reports Division
Financial and Budget Reports Directorate
Governmentwide Accounting
Financial Management Service
Department of the Treasury
3700 East West Highway, Room 518D
Hyattsville, MD 20782
Telephone: 202-874-9880