FINANCIAL ADMINISTRATION MEMORANDUM NO
June 14, 2007
FINANCIAL ADMINISTRATION
MEMORANDUM NO. 2007-009 (II.J.1)
To: Bureau
Assistant Directors, Administration
Director, National Business Center
Bureau Finance Officers
Director, Office of Acquisition and Property Management
From: Michael Powers
/s/
Associate Director
Office of
Financial Management
Subject: Financial
Performance Metrics
The purpose of this
Financial Administration Memorandum is to communicate the attached changes to
the current Government-wide Metric Tracking System (MTS) metrics. The Chief
Financial Officers Council’s Performance Measurement Transformation Team has
made changes to six of the nine current MTS metrics to address agency concerns.
The changes to the
metrics do not require the bureaus to report additional financial performance
data. However, as a result of the accelerated availability of the charge card
data by the GSA SmartPay office into the MTS, the deadline for reporting MTS
metrics is being accelerated by 15 days. Instead of reporting metrics 45 days
following the reporting month, the reporting deadline will change to 30 days
following the reporting month, beginning with June reporting. Thus, the data
for June 2007 is reported into the MTS by the end of July.
To ensure that the Office
of Financial Management (PFM) meets the reporting deadline for inputting the
data into the MTS, the due dates of the following financial performance metrics,
as defined in FAM 2003-015, will change with the reporting of June 2007, data.
The new due dates will allow PFM sufficient time to consolidate, analyze, and
report the data into the MTS.
|
Performance Indicators |
Old Due Date |
New Due Date |
|
Fund Balance with Treasury |
By the end of the next month |
By the 20th day of the next
month |
|
Unreconciled cash balances |
By the end of the next month |
By the 20th day of the next
month |
|
Uncleared Suspense Accounts |
By the end of the month following
quarter |
By the 20th day of the
month following the quarter |
Should you have any questions or require additional information on this subject, please contact Michael Anthony on (202) 208-6824.
Attachment
Prior Financial
Administration
Memorandums on this
Subject:
No. 2006-004 (II.J.1), March 13, 2006 - Active
No. 2003-015 (II.J.1), July 1, 2003 – Active
Attachments
