Collections Cycle Memo
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 Collections Business Area
Collections Cycle Memo Part I Published By: Revenue Collections Management Business Transformation Division (BTD)
Introduction 7 What Is the Collections Cycle Memo? 7 Who Is Responsible For the Collections Business Area? 7 What Is The Scope of the Collections Business Area? 7 What Is Outside the Scope of the Collections Business Area? 8 What Are the Advantages of Having a Centralized Collections Business Area? 9 What Are Business Lines, Collection Programs, Systems, and Services? 9 For Whom Is This Document Intended? 10 How Is This Document Structured? 10 What Requirements Does This Document Impose? 10 Who Are the Stakeholders of the Collections Business Area? 10 How Is Revenue Collections Management Organized to Manage the Collections Business Area? 11 What Are Revenue Collections Management’s Mission and Vision? 12 What Authority Does the Fiscal Service Have to Govern How Agencies Collect Public Money? 12 What Authority Does the Fiscal Service Have to Designate Agents and Depositaries? 13 How Does an Agency Engage with the Fiscal Service to Process Collections? 14 The Collections Business Area 15 What Functions Comprise the Collections Business Area? 15 Overview of Collection Activity 16 How Are These Processes Organized Into Business Lines and Programs, and Who Is Responsible for Them? 17 What Program Changes Have Occurred In 2015? 19 What Programs Comprise the Over the Counter Channel? 19 Treasury General Account Network 19 Over the Counter Channel Application, Collections Information Repository, Debit Gateway, and Card Acquiring Service 20 What Programs Comprise the Mail Channel? 21 General Lockbox Network 21 Internal Revenue Service Lockbox Network 22 Electronic Check Processing 22 Electronic Data Interchange Lockboxes 22 What Programs Comprise the Internet Channel? 23 Electronic Federal Tax Payment System 23 Pay.gov 23 Card Acquiring Service 24 What Programs Comprise the Credit Processing Business Line? 24 Credit Gateway 24 Electronic Data Interchange 24 What Programs Comprise the Debit Processing Business Line? 25 Debit Gateway 25 General Lockbox Network 25 Electronic Federal Tax Payment System 25 What Programs Comprise the Card Processing Business Line? 26 Card Acquiring Service 26 What Programs Comprise the Transaction Reporting and Image Archiving Business Line? 26 Collections Information Repository 26 Image Archive 27 What Programs Comprise the Central Account Processing Business Line? 27 FRB CA$H-LINK 27 Routing Transit Number Oversight 30 What Programs Comprise the Collateral Management Business Line? 30 Treasury Collateral Management and Monitoring System 30 What Programs Comprise the Bank Management Business Line? 31 Bank Management System 31 What is eCommerce? 31 What Changes Are Expected in the Collections Business Area in Coming Years? 31 ACRONYMS
ACH Automated Clearing House AFP Association for Financial Professionals ALC Agency Location Code ARM Agency Relationship Management Division ASAP Automated Standard Application for Payments ATS Automated Transcript System BTD Business Transformation Division BMF Business Master File BMS Bank Management System BRD Budget Reports Division CAD Cash Accounting Division CAFÉ Central Accounting Front End CARS Central Accounting & Reporting System CAN Central Accounting Reporting System Account Number CAS Card Acquiring Service CBAF Centralized Business Application Function CCC Commodity Credit Corporation CDG Collections and Deposits Group CFD Cash Forecasting Division CIR Collections Information Repository CIS Citizenship and Immigration Services CMIAS Cash Management Improvement Act System CRG Compliance and Reporting Group CSGL Central Summary General Ledger DFI Depositary Financial Institution DI Depositary Institution DDA Demand Deposit Account DMD Data Management Reporting and Analysis Division DMS Debt Management Services DW Digital Wallets DVS Direct Voucher Submission EASy Enterprise Accounting System eCommerce Electronic Commerce ECP Electronic Check Processing EDI Electronic Data Interchange EFTPS Electronic Federal Tax Payment System ET Eastern Time FAM Financial Audit Manual FBWT Funds Balance With Treasury FI Financial Institution FIRD Financial Institution Reconcilement Data File Fiscal Service Bureau of the Fiscal Service FOMF Financial Organization Master File FPA Federal Program Agency FRB Federal Reserve Bank FRIT Federal Reserve Information Technology GLN General Lockbox Network GOALS II Government Online Accounting Link System II GWA Governmentwide Accounting IAS Integrated Accounting System IHS Indian Health Services IMF Individual Master File IRB Investment Review Board IRS Internal Revenue Service ISS Information and Security Services MICR Magnetic Ink Character Recognition MITGA Mail-In Treasury General Account NSF Insufficient Funds NSS National Settlement Service NTDO Non-Treasury Disbursing Office OCR Optical Character Recognition OFAS Office of the Fiscal Assistant Secretary OFP Office of Fiscal Projections OLBP Online Bill Payment OTC Over the Counter OTCnet Over the Counter Channel Application PIR Payment Information Repository PMS Public Money Symbol RCM Revenue Collections Management RDFI Receiving Depositary Financial Institution RRM Revenue and Remittance Management Division RTN Routing and Transit Number SAM Shared Accounting Module SCCN Seized Currency Collection Network SCMA Strategic Cash Management Agreement SF Standard Form SSD Settlement Services Division STP Straight-Through Processing SVC Stored Value Card TARB Technical Architecture Review Board TAS/BETC Treasury Account Symbol/Business Event Type Code TCIS Treasury Check Information System TCD Tax Collection Division TCMS-DVS Treasury Cash Management System-Direct Voucher Submission TCMM Treasury Collateral Management and Monitoring System TGA Treasury General Account TIP Treasury Investment Program TPI Third Party Interface TRACS Treasury Receivable Accounting & Collection System TRSO Treasury Relations Support Office TSS Treasury Securities Services TT&L Treasury Tax and Loan TWAI Treasury Web Application Infrastructure Download 137.59 Kb. Share with your friends:
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