About the CTA Process

The following illustration and the steps that follow it describe the Classification Transactions and Accountability (CTA) process in Federal Financials:

1. The agency defines the following:

   • Agency Location Code (ALC)

   • Treasury account symbol (TAS)

   • Business Event Type Code (BETC)

   • Internal bank accounts

2. On the Manage CTA FBWT Account Definitions window, the agency defines the accounts to be used in determining the transactions that will be reported on the CTA bulk file. The agency must define the default ALC for each record to be used when the ALC can’t be determined from a bank account. See Add an FBWT Account Definition in the Implementing U.S. Federal Financials Guide.

3. The agency creates and reports the payments and cash-originating transactions.

4. The agency processes the reclassification transactions that were created and posted using Payables and General Ledger journals by using the applicable data selection criteria. For more information, see Payables Reclassifications Selection Criteria and General Ledger Reclassifications Selection Criteria.

5. Run the Perform CTA Reporting process in the preliminary mode.

   The process generates the CTA Detail Transaction Listing report and CTA Exception Listing report. The CTA Detail Transaction Listing report includes all the transactions on the CTA bulk file. The CTA Exception Listing report displays the TAS or Trading Partner TAS and BETC or Trading Partner BETC and includes the transactions with exceptions.

6. If there are errors in the exception report, correct the errors and run the Perform CTA Reporting process in the preliminary mode until there are no errors.

   If there are no errors, go to Step 7.

   Note: To resolve General Ledger exceptions, you must reverse the journal reclassification entries and post new reclassifications. The Perform CTA Reporting process will not process journals that have been reversed.

7. Run the Perform CTA Reporting process in the final mode.

   On successful completion, the final run of the process generates the CTA bulk file in the format required by Treasury and a detailed transaction listing of all the transactions captured on the bulk file.

8. Submit the CTA bulk file to Treasury.