Treasury Offset 

Use

The Treasury Offset program is a centralized debt collection program developed by Treasury. It is designed to assist agencies in the collection of delinquent debt owed to the Federal Government.

Procedure

Offset processing in the Federal Government solution comprises two programs. To use them, proceed as follows:

...

       1.      In the Public Sector Management section of the Easy Access menu, choose Functions for the US Federal Government ® Payment Processing ® Offset ®  Update Report.

This report updates the Treasury Offset Status for uncleared records that meet the selection criteria. The possible statuses are:

¡        Eligible for Offset

Documents with this status are included in the next transmission to Treasury.

¡        Eligible for Offset, Under Investigation

¡        Referred to Treasury, Uncollected

¡        Referred to Treasury, Collected

       2.      Enter the following selections as desired (selections marked * are mandatory):

¡        Company Code *

¡        Document Type *

¡        Document Age Limits in Days*

¡        Fiscal Year

¡        Document Number

¡        Document Date

¡        Posting Date

¡        Baseline Date

¡        Entry Date

¡        Customer Number

¡        Date Referred to Treasury

¡        Treasury Offset Status

¡        Key Date

The system defaults today’s date, but you can change this.

¡        Auto Fill Offset Value

You can specify one of the statuses here. If you do, the report assigns this status to all documents satisfying the selection criteria that have not already been sent.

       3.      You are now ready to create the offset file. To do this, return to the menu and choose Create File.

       4.      Enter the following selections as desired (selections marked * are mandatory):

¡        Company Code *

¡        Document Age Limit in Days*

¡        Path and Filename*

¡        Key Date

¡        Test Run

Check this box if you want to test your entries before actually creating the file.

       5.      Choose Execute.

Result

Your Treasury Offset File is ready for transmission to Treasury.