View Recording IGT with the General Fund of the U.S. This section describes the General Fund used to prepare the audited financial statements presented in the Financial Report of the U.S. View Custodial and Non-Entity Transactions – Other than the General Fund of U.S. This section provides guidance on recording transactions related to the balances of custodial and non-entity assets between federal entities other than the General Fund of U.S. View IGT Transfers IGT Custodial & Non-Entity Transactions This section provides guidance on non-exchange transactions that reduce resources (budgetary and proprietary) in one Treasury Account Symbol (TAS) and increase them in one or more other TAS by the total cumulative amount. It applies when goods or services are transferred between two FPAs and is referred to as Buy/Sell activity. This section provides guidance on reimbursable activities between Federal Program Agencies (FPAs). DOL manages Federal Employees’ Compensation Act (FECA) and Federal Unemployment Tax Act (FUTA) benefits. OPM manages retirement benefits, health benefits and life insurance. This section describes how the Office of Personnel Management (OPM) and the Department of Labor (DOL) administer employee benefits for federal entities. View IGT Investment/Borrowings IGT Benefits This section supports the investment and borrowing transactions where Treasury performs the accounting and reporting functions for federal entities. View IGT Categories of Reciprocal United States Standard General Ledger (USSGL) Proprietary Accounts IGT Investments & Borrowings If the trading partners are in G-Invoicing, the Agency Name on the 7600A should align with the Agency Account Name within G-Invoicing. This field is populated by G-Invoicing as part of an Agency’s account setup. View Reciprocal Categories Crosswalk to Government-wide Financial Statements Enter the G-Invoicing Agency Name that is used for this GT&C. Specifically, it lists the IGT categories and their corresponding reciprocal categories for each financial statement line item. Please contact your agency’s G-Invoicing team regarding your agency’s requirements. Do we need an account in G-Invoicing Yes. will select the G-Invoicing option on the registration form, and we will use G-Invoicing to process your IAA and orders. This section assists federal entities in preparing reclassified financial statements. FEDLINK is ready to create your agreements in the G-Invoicing system. View overall Intra-governmental Transactions IGT Reciprocal Proprietary Accounts This section assists federal entities in the accounting, reporting, and reconciliation of IGT activity with their trading partners.
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