PeopleSoft Solution for Treasury Account Symbol (TAS) Format Transition
Federal Agencies are required to begin using new formats for the Treasury Account Symbol (TAS) when reporting cash transactions through the FMS 224 Reports and IPAC transactions. Component TAS elements will provide federal agencies and Treasury the ability to sort, filter, and analyze data based on each independent piece of the component TAS. The Treasury has adopted a phased approach to the transition from 20-character to 28- character componentized TAS and Business Event Type Codes (BETC).
PeopleSoft GL provides a configurable solution to accommodate the valid combinations of TAS and BETC for FMS 224 reports and when entering and reporting IPAC transactions to the Department of Treasury. This configuration also anticipates the handling of valid TAS and BETC combinations to be downloaded in the future from the Treasury SAM website when the U S Treasury is ready to make the information available.