General System News - 2020 Archive - Page 2

We are providing the following information related to the final reimbursement of FY20 spending from coronavirus relief funds (CRF) and their impact on the FY2020 DA-89, Schedule of Expenditures of Federal Awards (SEFA) form submission:

This is to remind agencies that SMART will be unavailable to users from 6pm Friday until 7am Monday the next 2 weekends while the archive processes are being run:

Program codes 21662 (COVID-19 Transactions) and 97662 (COVID 19 Off-budget) were added to SMART to capture all transactions related to the COVID-19 outbreak.

The SMART Archive and Purge project is in its final testing phase and implementation will begin soon.

On July 2nd, the U.S. Treasury released a memorandum regarding reporting for the coronavirus relief funds (CRF) received by States under the CARES Act.

On July 2nd, the U.S. Treasury released a memorandum regarding reporting for the coronavirus relief funds (CRF) received by States under the CARES Act.

Negative Cash Federal Fund Balance at Fiscal Year End Guidance:

The General Ledger Close process, which creates fiscal year-end closing and opening journal entries in the General Ledger, completed this morning.

SMART will be closed to agency users tomorrow morning, Wednesday July 8, while the General Ledger Close process, which creates fiscal year-end closing and opening accounting entries, is run.

Reminders for the week: