Central Accounting/Agency Reconciliation Account

Definition

This account is used to record the net amount of unreconciled deposit and disbursement differences. An entity's Statement of Differences (reconciliations for deposits) compares monthly totals of federal entity deposits presented or mailed to the bank with total deposits submitted through the banking system via Collection Information Repository (CIR.) The Statement of Differences (reconciliations for disbursements) compares monthly totals of Regional Finance Centers (RFCs) and/or transactions through G-Invoicing and Intra-governmental Payment and Collection (IPAC) with agency-reported payments and collections. This account is for the General Fund of the U.S. Government use only. This account does not close at year-end.

Year-end: This account does not close at year-end.

Source: Section II · p1sec2-acctdef-2026.pdf

For each attribute this account reports, these are the only domain values GTAS will accept for this account (Section IV).