Lesson 2: Recurring Transaction Index (RTI)

RTI Purchase Flowchart

Scenario

This is a transaction for goods and services. In this example, agency 999 has purchased widgets from agency 000.

Agency 000 revenue is for deposit into the State Treasury. As such, agency 000 will set up the RTI on the 55 (550) Screen and include the RTI and Vendor Identification Number with their invoice for payment to agency 999.

Agency 999 will enter an ITV with T-code 225 with the RTI to process their payment to agency 000.

T-code 225 used with an RTI will establish a voucher payable and process the payment by transferring the funding within the State Treasury to agency 000.

Both agencies will see transactions listed on DAFR reports.

Note: If the USAS entry was made using T-code 268 for federal/state pass-through funds, a warrant or direct deposit is issued. Agency 999 sends the warrant to agency 000 for deposit into its local funds.

RTI Purchase Flowchart

Next: Non-RTI Purchase Flowchart