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OverviewShared Accounting ModuleThe Shared Accounting Module (SAM) is a web-based software application developed in a joint effort between the U.S. Treasury's Financial Management Service (FMS) and the Federal Reserve Bank of St. Louis (FRB). SAM allows agencies to classify all Fund Balance with Treasury transactions and adjustments to the appropriate Treasury Account Symbol (TAS) and Business Event Type code (BETC) at the time the transactions or adjustments are reported to the Treasury. SAM will use agency established rules to automatically classify accounting transactions on a daily basis and provide “real time” accounting classification information. SAM is an accurate single touch point to validate and/or derive TAS-BETC account codes for financial transactions. This process will facilitate the Governmentwide Accounting System (GWA) in classifying work on a daily basis thereby eliminating the need to perform month-end classifications (SF-224) when the system is fully implemented. Quick Links For questions contact: |
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