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G-Invoicing

G-Invoicing

G-Invoicing is the long-term solution for Federal Program Agencies (FPAs) to manage their intragovernmental (IGT) Buy/Sell transactions. G‑Invoicing helps (or will help) agencies and their trading partners:

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

FPAs must implement G-Invoicing for New Orders by October 2022. The mandated implementation deadline of October 2022 for New Orders includes Orders with a Period of Performance beginning October 1, 2022 or later.

FPAs must implement G-Invoicing for "In-Flight" Orders by October 2023. The mandated implementation deadline of October 2023 for "In-Flight" Orders includes the conversion of Orders with an open balance and a Period of Performance extending beyond September 30, 2023.

FPAs must submit quarterly implementation status updates to Treasury by providing updated plans and/or Attachment As to the IGT mailbox (IGT@fiscal.treasury.gov).

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

Log In Enroll Now

Benefits of G-Invoicing

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

Transparency: G-Invoicing supports each phase of the IGT buy/sell lifecycle. This common repository will decrease differences between agencies.

Common data standard: G-Invoicing replaces the various terms and forms that agencies now use. Standard terms reduce misunderstandings.

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

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

Resources

Treasury Financial Manual (TFM) Sections Interface Specifications  Data Standards Interagency (IAA) Forms Implementation Timelines for Enterprise Resource Planning and Software Providers G-Invoicing Playbook G-Invoicing Rules of Engagement GINV-IPAC Settlement Data Element Mapping Intragovernmental Transactions Working Group (ITWG) Agency Implementation Template G-Invoicing Program Guide G-Invoicing Trading Partner Directory

Newsletters

newsletter

January Newsletter

Issue 7, January 2020

March Newsletter

Issue 6, March 2019

October Newsletter

Issue 5, October 2018

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Last modified 02/03/21