Questions concerning this policy chapter should be directed to:

• Veterans Health Administration
• Veterans Benefits Administration
• National Cemetery Administration
• Debt Management Center
• Financial Services Center
• Construction and Facilities Management
• All others

0501 Overview

This chapter establishes the Department of Veterans Affairs’ (VA) financial policies regarding Intra-governmental Transactions (IGTs).

Key points covered in this chapter:

• VA will comply with guidance from Treasury and the Office of Management and Budget (OMB) A-136 to record, reconcile, and report IGTs by IGT category, trading partner (TP), reciprocal category (RC) and accounting/reporting period;
• VA will record, reconcile, and report IGTs in five categories: Authoritative, Buy/Sell, Transfer, Custodial, and General Fund transactions;
• VA will report IGTs in Treasury’s systems enabling the identifying, tracking, and analyzing of IGTs at the governmentwide level;
• VA will perform required monthly/quarterly reconciliations for IGTs and communicate with Trading Partners (TPs) to resolve differences timely;
• VA will review, explain, and certify IGTs material differences according to Treasury guidance;
• VA will adopt Treasury’s dispute resolution process when the differences cannot be resolved with its TPs;
• VA will review Treasury’s scorecard to enhance our understanding of IGT differences; and
• VA will identify the root causes of IGT differences, complete a corrective action plan,  and monitor the resolution process.

0502 Revisions

Section	Revision	Office	Reason for Change	Effective Date
Various	Completed full review	OFP	Updated guidance	July 2025
0503	Updated Definitions	OFP	Updated renaming of Authoritative (previously Fiduciary) and added new IGT category and sub-category (Custodial)	July 2025
050502	Removed reference to Form 2269 for VA internal Buy/Sell activity	OFP	All VA-VA Buy/Sell Activity transacted on G-Invoicing platform	July 2025
050503	Inclusion of Unemployment Insurance (UI) as sub-category of Authoritative IGTs	OFP	VA unemployment insurance IGT transacted with DOL	July 2025
050506	Inclusion of Custodial and Non-Entity IGT category	OFP	Provide specific guidance relative to Custodial and Non-entity IGTs	July 2025

For a complete list of previous policy revisions, see Appendix A: Previous Policy Revisions.

0503 Definitions

Authoritative IGTs – Transactions that originate from a centralized authoritative agent where a single agency, also referred to as authoritative source, performs a centralized function on behalf of all other Federal agencies. Some examples include Fiscal Service Investments and Borrowings, Federal Financing Bank (FFB) Borrowings, Federal Employees’ Compensation Act (FECA) and Unemployment Insurance (UI) transactions with the Department of Labor (DOL), and employee Benefits transactions with the Office of Personnel Management (OPM).

Buy/Sell IGTs – Transactions that occur between two Federal entities where goods or services are purchased by one entity from another entity. This arrangement is accomplished through the issuance of a reimbursable agreement (i.e., Treasury Form 7600(A)(B)) between the two entities.

Collecting Entity – The federal entity who collects on behalf of another but is not entitled to retain the collections is referred to as the collecting entity, or custodian.

Custodial and Non-Entity IGTs –This type of agreement is usually stipulated in legislation or is agreed upon by the federal entities involved. Transactions in this category are never collections on behalf of the General Fund, which would fall under the General Fund category.

Fiduciary – An individual or organization that has a legal and ethical duty to act in the best interest of another party.

General Fund IGTs – Transactions that occur between a Federal entity and the General Fund. The General Fund records and reports the assets and liabilities related to Government operations. It tracks congressionally issued authority, manages general ledger accounts that offset Federal entity activity and fulfills the obligation of the U.S. Federal Government.

Intra-governmental Transactions (IGTs) – These transactions result from business activities conducted by two different Federal Government entities. There are two types of IGTs: intra-departmental and intra-governmental. For the purposes of this chapter, business activities conducted between Federal entities whether inside or outside VA will be known as intra-governmental transactions (IGT).

• Intra-departmental transactions result from activity between trading partners within the same department.
• Intra-governmental transactions result from activity between Federal entities not within the same department.

MAX or OMB MAX – A portfolio of software applications sponsored by OMB including an agency portal used to submit data to OMB, a suite of analytical tools, and collaboration tools for agencies to share and work together with other community members towards common Federal goals.

Material Differences Report (MDR) – Treasury report in the Intra-governmental module in GTAS requiring formal explanations for material intra-governmental differences between Federal entities.

Non-Exchange Transactions – A transaction where one party receives value without directly giving or promising value in return. The transaction does not represent payment for goods and services but serves only to adjust amounts available in accounts.

Receiving Entity – The federal entity on whose behalf a collecting entity is collecting will be referred to as the receiving entity.

Reciprocal Category (RC) – A set of reclassified financial statement Federal line items or a grouping of the United States Standard General Ledger (USSGL). The set is used to perform eliminations at the Governmentwide level.

Treasury Account Symbol (TAS) – An identification code assigned by the Department of the Treasury. A TAS represents an individual appropriation, receipt, or other fund account.

Trading Partner (TP) – A Federal entity that is party to an IGT with another Federal entity.

Transfers IGTs – Non-exchange transactions that reduce resources (budgetary and proprietary) in one TAS and increase them in one or more other TAS by the total cumulative amount.

0504 Roles and Responsibilities

Assistant Secretary of Management/Chief Financial Officer (ASM/CFO) is responsible for reviewing and signing VA’s fiscal year-end CFO Representation for Federal Intra-governmental Activity and Balances Form.

Administrations and Staff Offices are responsible for recording, reconciling, adjusting and resolving differences for IGTs within their jurisdiction.

Financial Services Center (FSC) is responsible for collaborating with other designated offices to: record and report VA’s IGTs to Treasury; perform reconciliations; explain and resolve IGT differences; and to review and certify the quarterly Governmentwide Treasury Account Symbol Adjusted Trial Balance System (GTAS) Material Differences Report (MDR). At fiscal year-end, FSC is responsible for preparing and submitting VA’s ASM/CFO Representation for Federal Intra-governmental Activity and Balances Form.

VBA’s Office of Financial Management (OFM) (which includes: Administrative and Loan Accounting Center (ALAC), Finance Center (FC), Accounting Policy and Reporting Division (APRD), etc.) is responsible for recording VA’s fiduciary borrowing and investment IGTs; reporting and certifying VBA’s Treasury Account Symbol (TAS) submission in GTAS; reaching out to TPs to resolve differences affecting VBA’s funds; and furnishing explanations for VBA’s differences.

0505 Policies

050501 General Policies

1. There are five IGT categories:
   • Buy/Sell;
   • Authoritative;
   • Transfers; 
   • General Fund; and
   • Custodial.
2. VA will comply with:
   • OMB Circular A-136, Financial Reporting Requirements;
   • Treasury Financial Manual (TFM) Volume I, Part 2, Chapters 2000 and 4700;
   • Federal Accounting Standards Advisory Board (FASAB) Statement of Federal Financial Accounting Standards 1 and 31 and Technical Bulletin 2020-1; and
   • U.S. Standard General Ledger (USSGL) guidance for recording, reporting, reconciliation and elimination.
3. VA will record, reconcile, and report IGTs in five categories: buy/sell, authoritative, transfers, General Fund, and custodial transactions. Each IGT category has its corresponding reciprocal category (RC) to facilitate proper elimination and reporting associated financial line items in Governmentwide Treasury Account Symbol Adjusted Trial Balance System (GTAS).
4. VA will take collection action on a timely basis with effective follow-up for intra-governmental receivables/debts.
5. The Financial Service Center’s (FSC’s) reconciliation team will conduct all dispute resolution with Treasury directly.

050502 Buy/Sell IGT Recording and Reconciliation

1. Buy/sell IGTs consist of transactions that occur between two Federal entities where goods or services are purchased by one Federal entity (i.e., the buyer) from another Federal entity (i.e., the seller).
2. VA will identify and document the appropriate statutory authority, such as the Economy Act, prior to entering a buy/sell transaction.
3. VA will execute all buy/sell transactions through the Treasury G-Invoicing platform. In the instance that VA’s TP has not yet implemented the use of G-lnvoicing, entities should use manual interagency agreements (e.g., 7600A/B, IPAC, etc.) to facilitate, maintain, and settle buy/sell agreements.
4. Due to the substantial number of requirements associated with buy/sell transactions, this category is further described in Volume IX, Chapter 6 – Buy/Sell Transactions (Paper Forms) and Volume IX, Chapter 7 – Buy/Sell Transactions (G-Invoicing).

050503 Authoritative IGT Recording and Reconciliation

1. Authoritative IGTs consist of transactions where the Government is managing, protecting, investing, and/or disposing of cash and other assets in which VA has an ownership interest that the Government must uphold. The following are summaries of authoritative source activities for VA:
   1. VA’s Direct Loan and Loan Guarantee Programs which assist Veterans and their qualifying dependents in purchasing homes and retaining homeownership. Under these loan programs, VA is authorized to borrow from Treasury and the Federal Financing Bank, respectively.
   2. VA’s investments in Federal Securities with Fiscal Service comprised of nonmarketable Treasury Special Bonds and Treasury Notes. Fiscal Service calculates and reports to VA investment balances and activity, including principal, premiums, discounts, accumulated amortization of premiums and discounts, accrued interest receivable, and interest revenue (net of gains and losses).
   3. VA’s provision for Federal Employees’ Compensation Act (FECA) which provides income and medical cost protection to covered Federal civilian employees injured on the job. Claims submitted by VA employees are administered by the Department of Labor (DOL) and ultimately paid through IGT by VA.
   4. VA’s provision for Unemployment Insurance (UI) benefit liabilities for former Federal and ex-military service employees as reported by the DOL. The Office of Unemployment Insurance (OUI) within the DOL will generate and transmit a quarterly bill to VA which will be paid through the IGT process.
   5. VA’s recognition of Office of Personnel Management (OPM) accrued benefit revenue/expense balances relating to the Federal Employees Retirement System (FERS), the Civil Service Retirement System (CSRS), the Federal Employees Health Benefits Programs (FEHB), and the Federal Employees’ Group Life Insurance Program (FEGLI).
2. FSC and VBA will record authoritative IGTs in VA’s accounting and financial reporting systems. Refer to Appendix B: Authoritative IGT Transactions for additional detail.
3. VA’s Authoritative IGT transactions originate from the following centralized authoritative agents:
   • Bureau of the Fiscal Service (FS) — investments and borrowings;
   • Federal Financing Bank (FFB) — borrowings;
   • Department of Labor (DOL) — Federal Employees’ Compensation Act (FECA) and Unemployment Insurance (UI) transactions; and
   • Office of Personnel Management (OPM) — Employee benefit transactions.

050504 Transfers IGT Recording and Reconciliation

1. Transfers IGTs typically require proper interpretation of legislative language and can involve complex scenarios with intricate accounting treatment.
2. Transfer IGTs are non-exchange transactions that reduce budgetary and proprietary resources in one Treasury Account Symbol (TAS) and increase them in one or more TAS.
3. FSC, in cooperation with Fiscal Staff in the Administrations and Staff Offices, will communicate with TPs to determine the transfer type, establish appropriate accounting data, and confirm proper account postings and eliminations.
4. VA will record transfers in one of three categories: expenditure, non-expenditure, and other.
   1. Expenditure transfers – The shifting of funds between Treasury Account Symbols (TAS) for transactions related to outlays.
   2. Non-expenditure transfers – transfers of fund balances and authority between TAS. An SF1151 will be used to record this activity in the Central Accounting Reporting System (CARS). Transfers of this type involve the transfer of current or prior year authority, and may also be referred to as appropriation, balance, reappropriation or transfer to the General Fund receipt account transfers.
   3. Other transfers – transfers executed by means other than SF1151, such as transferring authority between TASs without affecting Fund Balance with Treasury (FBwT) or simply transferring assets. Examples of this type include transfers of property, other assets, and prepaid undelivered orders from one TAS to another.
5. The Transfers Logic Model (TLM) developed by Treasury is an authoritative tool to facilitate agencies’ consistent identification, recording, and reporting for transfer IGTs.
6. Administrations and Staff Offices will record IGT transfers in a timely manner.
7. If VA is the transferring agency, VA will ensure the transfers are consistent with statutory authorities, identify the proper accounting treatment of the transfers, and communicate with the receiving agency concerning these matters.
8. If VA is the receiving agency, VA will promptly confirm the acceptance of the transfers or communicate any disagreements or issues regarding the accounting treatment of the transfers.
9. Administrations and Staff Offices will ensure that a reciprocal transaction is recorded for all transfer-out and transfer-in activities.
10. Administrations and Staff Offices will, to the extent possible, post transfers in the same accounting period as the TP posts the transfer.
11. FSC will work with the Administrations and Staff Offices to perform quarterly reconciliations of VA’s transfer IGTs.

050505 General Fund IGT Recording and Reconciliation

1. Administration and Staff Office Fiscal Staff will record General Fund IGTs to reflect VA’s transactions with the General Fund, which consist of five subcategories, as follows:
   • FBwT;
   • General Fund authority;
   • General Fund non-entity transactions;
   • Other General Fund Reciprocal Category; and
   • Other General Fund Financing Sources.
2. The General Fund is a central reporting entity established for the purpose of fulfilling the authority on behalf of the U.S. Federal Government. Administrations and Staff Offices will cite the General Fund (agency identifier 099) as the trading partner when recording General Fund IGTs, if needed.
3. FSC, in collaboration with Fiscal Staff in the Administrations and Staff Offices, will perform quarterly reconciliations of VA’s General Fund IGTs.

050506 Custodial and Non-Entity Recording and Reconciliation – Other Than the General Fund of the U.S. Government

1. Custodial and non-entity transactions may include VA acting in either a collecting or a receiving entity capacity.
2. Transactions in this category are never collections on behalf of the General Fund (099), which would fall under the General Fund category.
3. VA as the receiving entity includes the referral of accounts receivable to Department of Justice (DOJ) for collection of debt and remittance back to VA less an administrative fee.
4. VA as a receiving entity must communicate the exchange/non-exchange indicator it uses for collections so that the collecting entity can properly reflect it on the accrual and/or transfer. For example, Department of Justice (DOJ) collections of VA referred accounts receivable require VA to inform DOJ of the exchange/non-exchange indicator to ensure reciprocal categories agree.
5. VA as the collecting entity will utilize custodial clearing accounts to temporarily hold funds collected as well as account for accruals and transfers related to funds collected on behalf of a TAS other than the General Fund of the U.S. Government.
6. VA as the collecting entity must submit balances of accruals to the receiving entity in a manner that allows the receiving entity enough time to report.
7. The transferring TAS and the receiving TAS must confirm consistent accounting treatment for each transaction and must record transactions within the same accounting period.

050507 Reconciliation Process for IGT Differences

1. FSC, the Administrations and Staff Offices, will perform regular reconciliations of IGTs to identify and resolve differences with TPs timely. Administrations or Staff Offices will correct differences in the accounting period in which they are detected.
2. In order to measure and monitor IGT differences, Treasury – Bureau of Fiscal Service (Treasury – BFS) provides scorecards to agencies every quarter (including fiscal year-end). VA’s scorecard contains Fiscal Service’s analyses of VA’s IGT differences by TP, IGT subcategory, USSGL account, and RC, a quarterly trend analysis, VA’s significant TP relationship challenges, and Fiscal Service suggested corrective actions.
   1. FSC, Administrations, Office of Financial Reporting (OFR), and VA’s TPs will participate in quarterly meetings with Fiscal Service. The meeting will facilitate communicating issues related to the differences, identifying problematic areas, analyzing the root cause, and creating corrective actions.
   2. Treasury – BFS will initiate a corrective action plan (CAP) with root cause analysis for recurring differences of two or more quarters. VA will work with TPs to determine which agency will complete the CAP form and analysis. Both VA and TP’s CFO or designee will sign the CAP form if necessary. If VA is responsible for the CAP form and analysis, FSC will submit the form to Fiscal Service and provide quarterly status updates.
   3. Fiscal Service posts VA’s fiscal-year final scorecard to the OMB MAX portal.
3. When Fiscal Service sends VA the Targeted Difference Form, which contains the same differences as the scorecard, FSC will complete the form and submit it to Fiscal Service based on Treasury’s designated due date. The form is used to provide explanations and status concerning VA’s differences.
4. If FSC cannot resolve differences with their TPs, FSC will settle the differences directly with Treasury through their dispute resolution process.

050508 Reporting IGT Activity

1. FSC and VBA/OFM will submit VA’s IGT balances in the GTAS intra-governmental reporting module every quarter (including fiscal year-end). After submission, GTAS will generate the Material Difference Report (MDR), which consists of three parts and categorizes the reported differences amongst Federal entities by dollar amount thresholds, Reciprocal Category (RC), and TPs.
   1. FSC will provide explanations for the differences noted in the MDR. FSC may reach out to the admins and staff offices to obtain information necessary to adequately address differences noted in the MDR. The explanations will include, at a minimum, the cause of the difference; what is being done by VA to reconcile the difference; and VA’s expected completion date for eliminating the difference.
   2. VA CFO or designee (FSC Senior Leader) will review the MDR and certify it in the GTAS intra-governmental module.
2. FSC will ensure that intra-governmental activities and balances reported in GTAS are accurate. A quarterly validation check will be initiated to ensure IGT balances reported in GTAS agree to MinX and iFAMS bulk file totals.
3. For fiscal year-end:
   1. FSC will prepare the CFO Representation for Federal Intra-governmental Activity and Balances Form for VA Assistant Secretary of Management/Chief Financial Officer’s (ASM/CFO) review and signature.
   2. FSC will provide an electronically signed copy of the form to VA’s Office of Inspector General (OIG), Fiscal Service, and the U.S. Government Accountability Office (GAO).
4. VA will report IGT accounts receivable/debt separately from public accounts receivable on its financial statements in accordance with SFFAS 1 and OMB Circular A-136.
5. VA will report any allowance for losses for intra-governmental receivables in accordance with FASAB Technical Bulletin 2020-1 dated February 20, 2020, providing that recognition of potential losses through an allowance applies to both intra-governmental receivables and public receivables. Refer to Volume V Chapter 4 – Accounts and Interest Receivable for specific financial reporting requirements when recognizing accounts receivables on the financial statements.
6. VA will provide reports on IGT accounts receivable/debt collection actions as required by 31 U.S.C. § 3719, and incorporate the required data into the quarterly Treasury Report on Receivables (TROR). For more information regarding reporting the debt to Treasury, refer to VA Financial Policy Volume XII, Chapter 19 – Treasury Report on Receivables.

050509 Accounts Receivable Collection Activities

1. VA will take collection action on a timely basis with effective follow-up for intra-governmental receivables/debts.
2. VA will not assess additional charges to balances due from other Federal entities.
3. VA will maintain all supporting documentation to include the debt details and notifications sent.
4. VA will record a reduction to an intra-governmental debt if a settlement is reached and amend the original billing to reflect the amount agreed to in the settlement.
5. If an intra-governmental debt has been reduced by settlement, VA will not if requested by the debtor accept a further compromise of the debt.
6. VA will record a cancellation of intra-governmental debt if VA determines that the debt was invalid and is not supported by proper documentation.
7. VA will not write-off any debt owed by another Federal entity directly to expense. All write-offs must be made through the allowance account.
8. VA may not sue another Federal entity, hire a private debt collector, or offset the claim against another debt from the entity even when the debt is considered delinquent. Dispute resolution must be coordinated and addressed through Treasury — BFS.

050510 Dispute Resolution

1. All dispute resolution will occur between FSC’s reconciliation team and Treasury directly.
2. FSC will submit to Fiscal Service the dispute resolution form with supporting information; or receive the form from Fiscal Service, if the dispute resolution is initiated by a TP.
3. FSC will provide the information requested by Fiscal Service to ensure VA’s scorecard will not be impacted by the disputed differences.
4. Upon receiving a favorable decision from Fiscal Service regarding a disputed difference or a final determination on an appeal, VA will make an adjustment to the receivable/payable to reflect the decision.
5. Should VA receive a non-favorable decision on a disputed transaction, FSC will file an appeal within five business days of the date the decision was rendered.
6. FSC will provide associated quarterly updates to Fiscal Service until the disputed amounts are resolved.

0506 Authorities and References

• 31 U.S.C. § 3719, Reports on debt collection activities  
• OMB Circular A-136, Financial Reporting Requirements – Revised
• Federal Accounting Standards Advisory Board (FASAB) Handbook by Chapter
  • Statement of Federal Financial Accounting Standards (SFFAS) 1, Accounting for Selected Assets and Liabilities
  • SFFAS 31, Accounting for Fiduciary Activities
  • Technical Bulletin 2020-1: Loss Allowance for Intragovernmental Receivables
• Treasury Financial Experience
  • Volume I, Part 2, Chapter 2000, Warrant and Nonexpenditure Transfer (NET) Transactions
  • Volume I, Part 2, Chapter 4700, Federal Entity Reporting Requirements for the Financial Report of the United States Government
  • U.S. Standard General Ledger
• Treasury Form 7600A, Agreement Between Federal Agencies General Terms & Conditions (GT&C) Section
• Treasury Form 7600B, Agreement Between Federal Agencies Order Requirements and Funding Information (Order) Section
• Transfers Logic Model (TLM)
• VA Financial Policy Publications
  • Volume V, Chapter 4 – Accounts and Interest Receivables  
  • Volume IX, Chapter 6 – Buy/Sell Transactions (Paper Form)
  • Volume IX, Chapter 7 – Buy/Sell Transactions (G-Invoicing)
  • Volume XII, Chapter 19 – Treasury Report on Receivables

0507 Rescissions

Volume I, Chapter 11 – Intra-governmental Transactions, September 2020

Appendix A: Previous Policy Revisions

Section	Revision	Office	Reason for Change	Effective Date
Various	Performed five-year review and reformatted to new policy format	OFP (047G)	Reorganize chapter layout	September 2020
Various	Changed the title to Intragovernmental Transactions	OFP (047G)	Improve comprehension and understanding of related content	September 2020
1103 Definitions	Updated definitions	OFP (047G)	To align definitions with FAR and Treasury TFM where applicable	September 2020
1104 Roles and Responsibilities	Removed offices without roles specific to IGT policy	OFP (047G)	Eliminate extraneous information	September 2020
1105 Policies	Updated policies section to clarify recording, reporting, and reconciliation requirements for IGT	OFP (047G)	Standardize agency guidance to federal guidance	September 2020

Appendix B: Authoritative IGT Transactions

1. Fiscal Service investments IGTs:
   1. VBA’s Office of Financial Management (OFM) will record the investment transactions, with related interest and amortization, in VA’s accounting system. OFM will process the annual earned interest via the Intra-governmental Payment and Collections (IPAC) system.
   2. VBA’s OFM will report the investment transactions to Fiscal Service.
   3. Fiscal Service processes the investments; transmits daily data; calculates the accruals, amortizations, and inflations; and records the resulting liability and expense balances.
   4. VBA’s OFM will perform monthlyreconciliations for balances and amounts reported by Fiscal Service for the investments IGTs, which contains, at a minimum:
      1. Review the Monthly Statement of Account provided by Fiscal Service to:
         • Confirm investment/redemption/maturity/interest were processed accurately, timely, and in accordance with VA’s instructions;
         • Recalculate interest for accuracy;
         • Verify adjustments were processed completely and accurately;
         • Reconcile interest payments received; and
         • Reconcile the Monthly Statement of Account with the Account Statement Expenditure Activity Report for VA.
      2. Reconcile the monthly Accrual Confirmation Report from FedInvest (a Federal investment program application owned and maintained by Fiscal Service) to VA’s related United States Standard General Ledger (USSGL) account balances.
      3. Where differences are identified, document the difference including, but not limited to, the difference amount, USSGL accounts impacted, rationale for the difference, and the status of communication with Fiscal Service (for example, contact made, unresponsive trading partner).
2. Fiscal Service and FFB borrowing IGTs:
   1. Fiscal Service and FFB record approved VA borrowings.
   2. VBA’s OFM will record the loan payable, interest payable, interest expense, payments of principal and interest, gain, and loss in VA’s accounting system. OFM will process interest payments via IPAC.
   3. Throughout the life cycle of the loan, VA will make periodic payments of principal and interest and will reconcile its financial records with the authoritative sources balance.
   4. VA must use Fiscal Service or FFB interest calculation methodology.
   5. For borrowings from Fiscal Service, VBA’s OFM will perform monthly reconciliations for balances and amounts reported by Fiscal Service or FFB.
   6. VA will document any differences identified including, but not limited to, the difference amount, USSGL accounts impacted, rationale for the difference and the status of communication with Fiscal Service (for example, contact made, unresponsive trading partner).
3. DOL FECA IGTs:
   1. DOL generates and distributes VA’s quarterly FECA accrual information and annually generates and distributes estimated actuarial liability to be accrued.
   2. Administrations and Staff Offices will record FECA obligation in VA’s accounting system; FSC will record the quarterly FECA entry in VA’s financial reporting system to bring VA’s FECA benefits in line with the DOL reported balance.
   3. Annually, DOL will generate bill detailing VA’s FECA charges and expenses incurred from the previous July 1 through June 30 period and will record receivables in its general ledger.
   4. VA will submit the annually billed amount in VA’s budget request upon receipt of DOL’s annual bill. FSC will record an unfunded FECA liability and associated expense accordingly.
   5. FSC will reconcile the balances and amounts reported by DOL. As a part of the reconciliation process, FSC and the Administrations and Staff Offices Fiscal Staff will also review the quarterly Chargeback Agency Billing List Detail report provided by DOL to confirm the accuracy for reported employees and that compensation costs appear reasonable for the injured employee’s compensation at the date of injury.
4. DOL UI IGTs:
   1. DOL generates and distributes VA’s quarterly UI accrual information.
   2. Administration and Staff Office Fiscal Staff will record UI obligation in VA’s accounting system; FSC will record the quarterly UI entry in VA’s financial reporting system to bring VA’s UI benefits in line with the DOL reported balance.
   3. DOL will generate quarterly bill detailing VA’s charges and expenses incurred. VA will review and accept the quarterly bill and record the UI payable.
   4. VA submits payment to DOL via IPAC for the benefit-related expenses that states pay on behalf of VA employees.
   5. FSC will reconcile the balances and amounts reported by DOL.
   6. VA is responsible for reconciling detailed quarterly bills from each Statewide Agency (SWA) against the DOL UI bill and depositing its share of compensation into the respective UI FEC Account in a timely manner. If the quarterly detail claimant listing from the SWA and the DOL UI benefits bill do not reconcile, the VA should contact the state from which the charges originated to resolve any difference.
5. OPM benefits IGTs:
   1. OPM calculates and distributes VA employees’ accrual amounts for benefits. FSC will review the OPM accruals to ensure that the accruals were processed in accordance with VA’s pay period cutoff procedures.
   2. FSC will record the quarterly OPM benefits entry in VA’s financial reporting system to bring VA’s OPM benefits in line with the OPM reported balance.
   3. FSC will perform the quarterly reconciliation for balances reported by OPM to review and validate both cash and accrued expenses by USSGL account.