U.S. flag

An official website of the United States government

Intra-governmental Transactions (IGT)

As federal entities conduct business with each other, IGT activity must follow standard processes that support the recording, reporting, reconciliation, and measurement of intra-governmental activity. Federal entities’ adherence to the process provides the required controls for IGT activity and allows both federal entities, and Fiscal Service, to perform their financial statement reporting in an efficient way.

Two of the applications used by federal entities in the brokering of IGT transactions between two federal trading partners are G-Invoicing and Intra-governmental Payment and Collection (IPAC). More information about those applications is provided below.

G-Invoicing

G-Invoicing is the long-term solution for federal entities to manage their intra-governmental (IGT) Buy/Sell transactions. G‑Invoicing helps (or will help) federal entities and their trading partners:

  • Negotiate and accept General Terms and Conditions (GT&C) agreements
  • Broker orders
  • Exchange performance information
  • Validate settlement requests through IPAC

Federal entities were mandated to implement G-Invoicing for New Orders by October 2022. The mandated implementation deadline of October 2022 for New Orders included Orders with a Period of Performance beginning October 1, 2022 or later.

Federal entities must submit quarterly implementation status updates to Treasury by providing updated plans and/or Attachment As and/or Attachment Bs to the IGT mailbox (IGT@fiscal.treasury.gov). These templates are located on our G-Invoicing Resources page.

Treasury will help federal entities get ready for and start using G-Invoicing. (See more on the Enrollment page.)

Benefits of G-Invoicing

Image

Better communication between trading partners: Using G-Invoicing to communicate, trading partners share a common platform and a clear record of their negotiations.

Image

Transparency: G-Invoicing supports each phase of the IGT Buy/Sell lifecycle. This common repository will decrease differences between trading partners.

Image

Common data standard: G-Invoicing replaces the various terms and forms that federal entities have historically used to broker their Agreements.

Image

Agreed-upon processes: Common processes support timely and accurate accounting.

Image

Streamlined settlements of funds in IPAC: With performance reporting in G-Invoicing, trading partners can settle more quickly and efficiently.

Intra-governmental Transactions Working Group (ITWG)

ITWG Meetings are 90 minute conference calls that focus on data attributes, process flows, and system interface specifications for G-Invoicing. Topics are provided before the meetings to ensure that all ITWG participants with knowledge on the topic join the meeting.

To join the ITWG Working Group, send an e-mail to IGT@fiscal.treasury.gov.

Our ITWG meeting materials are now available in Intralinks. Access to Intralinks can be requested through the Treasury Support Center (Email: GInvoicing@stls.frb.org or Phone: 1-877-440-9476)

Intra-Governmental Payment and Collection (IPAC)

IPAC is a way for federal entities to transfer funds from one trading partner to another with standardized descriptive data.

IPAC has two components:

  • IPAC
  • Retirement and Insurance Transfer System (RITS)

 

Intralinks

Intralinks is a secure platform to share G-Invoicing and IPAC related content (files and videos) securely that is protected by multifactor authentication. The following documents were removed from our legacy G-Invoicing and IPAC webpages and are now available for viewing/download in Intralinks:

  • G-Invoicing Federal Intra-governmental Data Standards (FIDS)
  • G-Invoicing Feature Specifications
  • G-Invoicing Interface Specifications
  • G-Invoicing Office Hours Recordings
  • G-Invoicing Release Information
  • G-Invoicing System Mapping & Validation Rules (SM&VR)
  • G-Invoicing Training Content
  • G-Invoicing XML & JSON Payloads
  • Inter-agency (IAA) 7600A/B Instructions & Forms
  • Intra-governmental Transactions Working Group (ITWG) Presentations
  • SSAE 18 Documentation (SOC 1 Reports & Bridge Letters)

Access to Intralinks can be requested through the Treasury Support Center (Email: GInvoicing@stls.frb.org or Phone: 1-877-440-9476)

Need Help?

Contact Us

Fiscal Service G-Invoicing and IPAC Team (Monday - Friday)

Email: IGT@fiscal.treasury.gov

Treasury Support Center

The Treasury Support Center, provided by the Federal Reserve Bank of St. Louis, is open Monday through Friday, 7:00am through 8:00pm

Our Treasury Support Center agents can help you with G-Invoicing and IPAC questions and problems about many topics, including:

  • Making sure your computer system meets the requirements for G-Invoicing and IPAC
  • Setting up a multifactor account (PIV/CAC, ID.me)
  • Becoming a new G-Invoicing or IPAC user
  • Modifying an existing G-Invoicing or IPAC user account
  • Logging into G-Invoicing or IPAC
  • Other questions and needs related to G-Invoicing or IPAC

Stay Up to Date with IGT

Subscribe to e-mail notifications and get G-Invoicing and IPAC news and updates delivered right to your inbox!

Selecting this button generates an e-mail message with everything filled in — just send the message. You will receive a confirmation message from the list in 15 minutes – reply to the message.

Last Updated: