Lesson 2: Recurring Transaction Index (RTI)

Transactions Involving Local Bank Accounts

Local bank accounts are accounts holding funds outside the State Treasury.

With the exception of T-code 268 Pass-through ITV transactions, these types of transactions are not subject to the requirements contained in this course:

1. Agency-to-agency transactions involving payments from the State Treasury to local accounts. These transactions require the generation of a warrant.
2. Transactions from local accounts to the State Treasury. These transactions require a deposit voucher.

Next: The Transfer Process - Part 1