Streamlined settlements of funds in IPAC: With performance reporting in G-Invoicing, trading partners can settle more quickly and efficiently. Standard terms reduce misunderstandings.Īgreed-upon processes: Common processes support timely and accurate accounting. This common repository will decrease differences between agencies.Ĭommon data standard: G-Invoicing replaces the various terms and forms that agencies now use. Transparency: G-Invoicing supports each phase of the IGT buy/sell lifecycle. (See more on the Enrollment page.) Log In Enroll Now Benefits of G-Invoicingīetter communication between trading partners: Using G Invoicing to communicate, trading partners share a common platform and a clear record of their negotiations. The mandated implementation deadline of October 2023 for "In-Flight" Orders includes the conversion of Orders with an open balance and a Period of Performance extending beyond September 30, 2023.įPAs must submit quarterly implementation status updates to Treasury by providing updated plans and/or Attachment As to the IGT mailbox will help agencies get ready for and start using G-Invoicing.
The mandated implementation deadline of October 2022 for New Orders includes Orders with a Period of Performance beginning Octoor later.įPAs must implement G-Invoicing for "In-Flight" Orders by October 2023. Validate settlement requests through IPACįPAs must implement G-Invoicing for New Orders by October 2022.Negotiate and accept General Terms and Conditions (GT&C) agreements.G‑Invoicing helps (or will help) agencies and their trading partners: G-Invoicing is the long-term solution for Federal Program Agencies (FPAs) to manage their intragovernmental (IGT) Buy/Sell transactions. Please enable JavaScript to use all features. Some features of this site will not work with JavaScript disabled.
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