Financial Policy Documents Changelog

Appendix F – Targeted change to update iFAMS Revenue Source Codes.

Appendix D – Updated contact information on the Agency Location Code listing during annual review.

• Various Sections – Updated financial policy to align with iFAMS configuration for the implementation of iFAMS accounting system.
• 010503 ACS (iFAMS) – Added policy section for iFAMS ACSfor the implementation of iFAMS accounting system.
• Appendix C – Added VA Organization Codes for iFAMSfor the implementation of iFAMS accounting system.
• Appendix D – Updated contact information on the Agency Location Code listing as part of the annual review.
• Appendices E and F – Incorporated charts of VA Revenue Source Codes (RSCs) for FMS and iFAMS for the implementation of iFAMS accounting system.
• Appendices G, H, and I – Incorporated procedures for updating elements in VA’s ACS and VA SGL for the implementation of iFAMS and Removal of Procedures from Volume I, Chapter 4 – Compliance with Federal Financial Management Improvement Act.

• Various Sections – Reformatted to new policy format and completed five-year update to reorganize chapter layout.
• Sections 0102 Policy, 0105 Procedures Appendix F, Journal Voucher Procedures – Removed journal voucher information from this policy and created Volume II, Chapter 1A – VA Journal Vouchers. JV information is more appropriate in a separate policy
• VA SGL Account Procedures (Formerly Appendix D) – Removed procedures for establishing and maintaining VA SGL Accounts. Information is contained in Volume I, Chapter 4 – Financial Management Systems

• Appendix C, Agency Location Codes (Previously numbered Appendix E) – Updated VBA’s contact information on the ALC chart
• Appendix F – Updated the FSC Accounting e-mail address, FMS JV Approval procedures, and MinX JV Data Field Requirements for Financial Reporting Corrective Action Plan

• Section 0106 Definitions – Added iFAMS definition
• Appendix E – Updated ALC listing for iFAMS processing

• Appendix D – Updated responsibilities for maintenance of USSGL accounts to reflect current responsibilities and procedures.
• Appendix E – Update Agency Location Code listing to update with current information.

• Section 0102 Policies – Added pre-approval requirement for non- routine FMS and MinX JVs equal to or greater than $100 million to consolidate Financial Reporting (NFR 15-1)
• Section 010201.03 Agency Location Code – Removed references to Treasury FMS 224, Statement of Transactions, as it is no longer used.
• Section 0104 Roles and Responsibilities – Assigned roles and responsibilities for pre- approval of non-routine FMS and MinX JVs equal to or greater than $100 million to consolidate Financial Reporting (NFR 15-1)
• Appendix C – Updated RSCs for VHA and VBA to add new codes
• Appendix F, JV SOP Section 1.2 Responsibilities – Added clarification to the Roles and Responsibilities to consolidate Financial Reporting (NFR 15-1)
• Appendix F, JV SOP – Removed references to the JV template

• Section 0101 Overview – Updated Department of Treasury’s Financial Management Service to Bureau of Fiscal Service and removed reference to the CFOC Financial Line of Business, Financial Systems Integration Office
• Section 010201.02D Policies – FSC Financial Accounting Service will assign POCs for ALC to add roles and responsibilities
• Section 010202 Documenting Financial Changes Through Journal Entries – Added reference to JV SOP, Appendix F. Update per CLA recommendation for NFR 16-4 Financial Reporting.
• Section 010317 – Reference to OMB Circular A-123, Appendix D, Compliance with the Federal Financial Management Improvement Act (09/20/2013) replaced Financial Systems Integration Office, Federal Financial Management Standards, CGAC Structure
• Section 0105 Procedures – Added reference for Appendix F for Financial Reporting (NFR 16-4)
• Section 0107 Rescissions – Updated rescinded volumes
• Appendix B – Updated VA Station Numbers as requested by VHA
• Appendix E – FSC FAS Director recommends cancellation of ALC request. Updated points of contact on Figure 1E-3, Active VA ALCs and Contacts
• Appendix F – Renamed Appendix F and added JV SOP per CLA recommendation for NFR 16-4 Financial Reporting
• Appendix F, JV SOP – Updated various sections of JV SOP to reflect current procedures, and added appropriate approvals per CLA recommendation for NFR 16-4 Financial Reporting

Appendix B – VA Station Numbers incorporated into policy.