Intra-Governmental Payment and Collection - IPAC process

IPAC is a way for Federal Program Agencies to transfer funds from one agency to another with standardized descriptive data. Upon downloading the transactions and importing into the system, agencies can see transactions that have occurred between them and other agencies. They can use the data downloaded from the IPAC system to enhance it into payments, collections, and adjustments.

A user has the capability to extend the new IPAC system to create outbound IPAC transactions and store the data in the same transaction table. The IPAC Data page enables the user to switch between inbound and outbound data. The user can also select and export a set of transactional data in the UI to create an outbound IPAC file to be sent to Treasury.

Steps to Enable

You don't need to do anything to enable this feature.

Key Resources

• For more information on Payables and Receivables transactions and accounting, refer to the Implementing U.S. Federal Financials and Using U.S. Federal Financials guides.

Access Requirements

Use the following roles:

• Financial Application Administrator job role
• Assign ORA_FV_MANAGE_IPAC_DATA_PRIV to manage IPAC data