WHAT IS THE ACCOUNT STATEMENT?
The Governmentwide Accounting (GWA) System Account Statement Module is an
online, query driven component that provides a daily refreshed view of a Federal
Program Agency’s Fund Balance With Treasury. This GWA Module replaced the
Monthly Undisbursed Ledgers and Trial Balance reports formerly available through
the GOALS II System.
WHAT DOES IT DO?
The primary goal of the Account Statement is to provide an up to date source of
balance and transaction information to assist Federal Program Agencies (FPAs) with
their reconciliation processes. Information is accessed at the Department Level and
users are able to view both a daily Accounting View (Dynamic) and a monthly
Published View (Static) of their Account Balances and supporting transactions. Users
are able to generate customized views of their Fund Balance With Treasury data by
utilizing the application’s query and sorting utilities. The Account Statement provides
FPAs with a central source for retrieving a near real-time picture of their account
HOW IS IT DIFFERENT FROM THE OLD REPORTS?
The Undisbursed Ledgers and Trial Balance Reports were produced once a month and
were static in content. The GWA Account Statement was designed to be an
interactive, online application that provides daily refreshed accounting information.
Users are able to query the information at the level which best suits the
reconciliation or research requirements they may have. Information is available at a
summary, major activity, and individual transaction level. Users can generate
reports at either a Treasury Account Symbol or Agency Location Code level. Reports
can be generated for a single month, multiple months within a fiscal year, or an
entire fiscal year.
In addition to generating reports online, users are also able to download their
generated reports in either a text or excel format for further processing or uploading
into their own accounting or reconciliation system.
HOW WILL THIS CHANGE AFFECT ME?
Because the GWA Account Statement is available online and updated daily, FPAs will
now be able to transition their current Fund Balance With Treasury Reconciliation
process from a monthly closeout procedure to a daily business practice. This should
improve the FPA’s overall financial reporting processes.
WHAT ARE THE SYSTEM REQUIREMENTS?
The hardware and software requirements for users to access the GWA Applications
are listed below: