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Central Accounting Reporting System (CARS)


Business Event Type Code

Frequently Asked Questions

What is a BETC?

A BETC is a code that the Central Accounting Reporting System (CARS, formerly the GWA system) uses for the type of activity you are reporting, such as payments, collections, investments, etc.

Examples of BETCs List of BETCs Excel File
DISB Payables disbursement
DISBAJ Payables disbursement adjustment
COLL Receivables collection

You must use the BETC along with the Treasury Account Symbol (TAS) and the dollar amounts to classify each transaction against the fund balance with Treasury.

BETC replaces the transaction codes and standard sub-classes used in old central accounting reports, such as the Statements of Transactions (FMS Form 224) and the Undisbursed Ledger and Trial Balance Reports (FMS Forms 6653 and 6654).

Where can I find a list of BETCs?

We list and describe BETCs in this spreadsheet. Excel File

  • The first tab of the spreadsheet lists the standard payment and collection BETCs that most agencies submit through the interfacing systems.
  • The second tab lists specialized BETCs that are assigned to unique Treasury Account Symbols (TAS) and that are, used for specific Monthly Treasury Statement presentation.
  • The third tab lists Non-Expenditure Transfer (NET), Warrant, and Borrowing BETCs that the GWA ATM application assigns automatically.
The spreadsheet has 7 columns with this information:
  • BETC: The 8-character code identifying the business event.
  • BETC Description: The title or short description of the BETC. These titles appear in the Account Statement, Transaction level screens. The intent is to provide a better, more intuitive description of the transaction than you get from the current numeric codes.
  • Debit or Credit Indicator: Identifies whether the BETC has a debit (decreasing) or credit (increasing) impact on the TAS fund balance with Treasury.
  • IPAC Payment or Collection Indicator: Indicates whether this BETC is for the payment or the collection side of an IPAC transaction.
  • Related Adjusting BETC: Identifies the BETC with the adjusting (or opposite) Debit/Credit impact, for use in IPAC adjustments or TAS reclassifications.
  • Equivalent 224 Transaction Code (TC): The corresponding code that you used in the old processing of 224 transactions through Treasury's central accounting system (STAR)
  • Equivalent 224 Standard Sub-Class (SC): The corresponding code that you presented in the old Undisbursed Ledger Report (SF 6653).
These last 2 columns help you relate each BETC in CARS/GWA to its corresponding old TC and SC from 224s.

How many BETCs are there?

260.

Non-Expenditure, Transfers, Borrowing, and Warrant Transactions
Many BETCs are for Non-Expenditure, Transfers, Borrowing, and Warrant transactions. Because the CARS’ Agency Transaction Module (ATM) processes those transactions directly, those BETCs are automatically assigned behind the scenes in ATM.
Payment and Collection Transactions The remaining BETCs are for Payment and Collection transactions. You report those BETCs through interfacing systems, such as IPAC, PAM/SPS, or TRS. You must give those payment and collection BETCs when you report transactions through the interfacing systems.

How do I know which BETCs to use?

We assign TAS to agencies, and we assign business events to TAS as defined by legislation.

For example, if your agency has legislated investment authority, then your TAS will have the BETC of “INVTSEC.” That allows you to report investment transactions.

You can see the existing TAS BETC relationships at these websites:
https://www.sam.fms.treas.gov/sampublic/tasbetc.htm
http://www.fiscal.treasury.gov/fsservices/gov/acctg/cars/ref_guidance.htm


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