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FMS Completes Another Major Step Toward the New Deposit and Transaction Reporting Process and Reporting Collections the “GWA Way”

In June 2008, the Financial Management Service (FMS) and its Financial/Fiscal Agent Partners, PNC Bank, the Federal Reserve Bank (FRB) of St. Louis, and the FRB of New York, completed system interfaces between the Transaction Reporting System (TRS), CA$HLINK II, the Treasury General Account Deposit Reporting Network (TGAnet), and Governmentwide Accounting (GWA). This effort, which involved the collaborative development and implementation of TRS Release 3.2, TGAnet Release 2.5, the Central Accounting Front End (CAFÉ) Release 3.0, and CA$HLNK II Release 3.2.167, provides the capability for TGAnet deposits at commercial banks to be reported to TRS, which then transmits the deposit report information to CA$HLINK II and generates and transmits to GWA validated accounting entries that have been successfully reported to CA$HLINK II. In the future, CA$HLINK II deposit reporting and reconciliation processes will be migrating to TRS, and CA$HLINK II will be decommissioned. This transition will be phased in between 2008 and 2010.

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