Lesson 1: Interagency Transaction Vouchers Overview

Key Terms

The following key terms are used throughout this training. You can easily access them again in the Glossary that you can access anytime from the left navigation menu.

Interagency Transaction Voucher (ITV)

An interagency transaction voucher (ITV) is the process used to transfer funds between two state agencies.

Recurring Transaction Index (RTI)

RTI is an acronym that refers to the six-digit Recurring Transaction Index on the USAS 55 (550) Recurring Transaction Profile screen.

This profile allows an agency to determine the accounting treatment of system-generated transactions produced by the automated ITV process. For example, if an agency is receiving funds through the ITV process, the RTI allows designation of the Program Cost Account (PCA), Transaction code (T-code), Comptroller Object (COBJ), etc. for posting the transaction.

RTI Agency

RTI Agency refers to the agency that sets up the 55 (550) Recurring Transaction Profile screen to receive an interagency transfer of State Treasury funds, or defines coding elements for interagency accruals for financial reporting (AFR) purposes.

Transaction Agency

Transaction Agency refers to the agency that enters the ITV document coding in the USAS 500 batch transaction screens. The transaction agency initiates the transfer of State Treasury funds or initiates the recognition of an AFR accrual to another state agency.

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