PSC.gov

The Financial Management Service (FMS) provides a full range of accounting services that meet strict federal financial management system requirements and applicable federal accounting and transaction standards.

FMS uses the Unified Financial Management System (UFMS), an online, real-time application that accepts manual and electronic input. UFMS enables customers to perform accounting edits and validations and produces accounting transactions for general and subsidiary ledgers.

Services offered include:

• Accounting for all costs, obligations, disbursements, advances, receivables, and expense and revenue accruals
• Administrative control of funds
• Online reports from which data can be accessed via the Web and downloaded to an Excel spreadsheet for local use
• Extensive online query capabilities
• Assistance with financial problem solving and program design

Offered to:

    HHS

Performance:

92% of accounting events will be recorded within two (2) business days of receipt of electronic transactions and within three (3) business days of receipt of valid hardcopy documents.

100% of the time, FMS will close the fiscal year within 15 days of year end.

99% of eligible disbursements will be issued electronically.

95% of invoices will be paid on time.

Rate:

    By agreement per customer

Contact:

    301-443-2990; matthew.zakielarz@psc.hhs.gov