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Component documentation US Federal Government Locate the document in its SAP Library structure

Purpose

The SAP US Federal Government (USFG) solution provides functions required specifically by the Federal Government of the United States.

Implementation Considerations

To be able to use USFG, you need to have the following installed, configured, and active:

·        Funds Management (FM)

·        Financial Accounting (FI)

·        Fund Accounting

·        Special Ledger

·        Materials Management (MM)

·        Sales and Distribution (SD)

·        Human Resources (HR)

Integration

The USFG solution is a country-specific feature in the standard Public Sector application component developed by SAP.

Features

The solution includes the following features:

·        Treasury Confirmation

This feature enables you to handle payments made by the U.S. Department of the Treasury on behalf of agencies of the Federal Government.

·        US Government Ledgers

This feature enables you to post to budgetary accounts in accordance with the U.S. Government Standard General Ledger.

·        Prompt Payment Act

This feature enables you to comply with the requirements of U.S. federal legislation on paying invoices promptly and taking advantage of discounts.

·        FACTS I

With this feature, you can use the SAP system to work with FACTS I (Federal Agencies’ Centralized Trial Balance System I). Federal government agencies are required to use this system to submit their Adjusted Trial Balances (ATB) annually to the U.S. Treasury.

·        FACTS II

With this feature, you can use the SAP system to work with FACTS II (Federal Agencies‘ Centralized Trial Balance System II). Federal government agencies are required to use this system to submit quarterly their U.S. Standard General Ledger (SGL) budgetary account trial balances and selected proprietary account balances to the U.S. Treasury.

·        Budgets in the Federal Government Solution

The budgeting process in the Federal Government solution varies from the standard procedure.

¡        Automatic Budget Processing

¡        Reimbursable Orders

·        Payment Statistical Sampling

The solution includes a random sampling facility for the purpose of verifying incoming invoices.

·        Accountable Properties

This feature satisfies the requirement that sensitive goods and other goods over a certain value be treated as assets.

·        Reconciliation

·        Intragovernmental Payments and Collections (IPAC)

This function handles payments and collections made between government agencies.

 

 

 


 

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