Lesson 1: Interagency Transaction Vouchers Overview

ITV T-code Chart Overview

The ITV T-code chart is used to identify the payment types and associated T-codes used to complete ITVs. You'll learn how to use this chart during the course.

The ITV T-code chart is also available as a handout, in case you'd like to print a copy and refer to it during the course.

The ITV code chart lists a portion of all available ITV codes that can be used by an agency for the ITV/RTI process. Most of these T-codes are beyond the scope of this lesson and will not be covered.

Most information you see in the chart is covered under the Interfund Activity & Transactions tab on the Reporting Requirements for Annual Financial Reports of State Agencies and Universities website.

The four most commonly used ITV T-codes are covered in this lesson. The T-codes covered are for:

• Interagency Payment/Receipt for Goods or Services
• Refund of Interagency Payment for Sale of Goods or Services
• Interagency State and Federal Grant Pass-Through
• Interagency State and Federal Grant Pass-Through for Local Funds

Object Group

The Object Group is a two-digit number that provides for an edit in USAS verifying that the correct COBJ is used in combination with the correct T-code. You can find the Object Group for a particular COBJ on the D10 Comptroller Object Profile screen in USAS. This Object Group must be on the 28A screen in USAS for the valid T-codes. The Object Groups is discussed during the T-code decision portion of the USAS Core class.

Reading the ITV T-code Chart

The ITV T-code chart helps you identify the correct T-code and COBJ to use, depending on if your agency is transferring or receiving funds for accounting events. The chart is separated into sections, based on the transaction type.

To use the chart:

1. Determine if you are the transferring or receiving agency and read across that row.
2. Identify the T-code, based on if you are transferring or receiving funds.
3. Identify the COBJ, based on if you are transferring or receiving funds.

Reading the Chart

Example

Now let's examine each section of the ITV T-code chart.

Next: Interagency Payment/Receipt for Goods and Services