Purpose
The SF-224, Statement of Transactions, is a monthly report required byTreasury. It has a format specified by Treasury. It is prepared byagencies for whom the Treasury Financial Management Service (FMS) makespayments at any of its regional financial centers. The report showsdisbursements, collections, and receipts, organized in three sections.
It uses data that comes from transactions that impact SGL accounts 1010,Fund Balance with Treasury, and 1110, Undeposited Collections. Theseinclude Treasury payment confirmations, IPAC collections and payments,and manual collections and payments. There are a few transactions thathit 1010 that are not included, such as appropriation warrants and avery limited number of payments. The balances as of the beginning of themonth and end of the month for SGL account 1110 are also included in thereport.

Selection
The selection screen contains two tabs.

• Configuration

This is used to define sets of accounts that represent 224 balancetypes. It also allows you to choose whether the Appropriation Symbolreflects the Application of Funds name or Application of Funds code.

• Selection

Here, you can limit the selection to specific organizational and timedimensions and also manage electronic output. The Company Code and LastPosting Date of Period or Fiscal Year and Period, are required fields.The addition of specific Agency Location Codes as selection parametersis also recommended.

Output
SF-224 Electronic File
In addition to the hard copy format printed by the agency for its ownrecords, each agency must prepare an electronic file in the formatspecified by Treasury for submission through Treasury's GOALS II system.
SF-224 Supporting Data
In addition to the SF-224 itself, a listing of transactions that make upthe SF-224 balances, is provided as a supporting schedule. This reportcan be used in verifying and reconciling the 224, but is not sent toTreasury. It is provided for internal use.