FAM No. 2004-09 (Financial Management Service Quarterly Scorecard)
September 16, 2004
FINANCIAL ADMINISTRATION MEMORANDUM NO. 2004-009 (II.H.)
To: Bureau Assistant Directors, Administration
Chief Executive Officer, National Business Center
Bureau Finance Officers
Finance Officer, Financial Management Services
Director, Office of Acquisition and Property Management
From: William E. Webber /s/
Focus Leader, Asset and Debt Management
Office of Financial Management
Subject: Financial Management Service (FMS) Quarterly Scorecard
Beginning with the quarter ending June 30, 2004, FMS is producing a Quarterly
Scorecard to reflect compliance with FMS reporting requirements.
The Quarterly Scorecard uses a traffic light grading system (red, yellow and green)
on the following three standards of financial management.
Ø Accuracy of Monthly FMS 224, SF1218/1221, and FMS 1219/1220
Ø Timeliness of Monthly FMS 224, SF1218/1221, and FMS 1219/1220
Ø Reporting on Cash and Investments Held Outside (CIHO) of the Treasury
Attached is the Department’s scorecard for the quarter ending June 30, 2004, showing
the three performance indicators, performance criteria for the grading system and
the scores received.
For the sake of timeliness, accuracy, and reliability of monthly reporting, FMS has
developed an Account Statement to facilitate a daily reconciliation of agencies’
Fund Balance with Treasury (FBWT). The Account Statement is an online query based
application that is updated daily to provide agencies with a central location for
retrieving its FBWT information.
To obtain training information on the Account Statement Module, access the Government
On-Line Accounting Link Information Access System or contact FMS on (202) 874-8270.
