Treasury :: Financial Management Service
Enterprise Data Architecture
Transmission Business Message

Business Message Listing
Transmission
Summary
Batch
BusinessTransaction
FinancialTransaction [0..unbounded]
Payer [0..1]
Payee [0..1]
Payment [1..1]
Addenda [0..1]
GovernmentDepositAccount [0..1]
SummaryReference [0..1]
ReferenceGroups [0..1]
AdjustmentDetail [0..1]
OriginalSummaryReference [0..1]
TradingPartnerExtensions [0..1]

Namespace
urn:us:gov:treas:fms:BusinessTransaction:v4.3

Definition
The transfer of funds between a payer and a payee for a specific business event.

Element Information
The <FinancialTransaction> element is a child element of the <BusinessTransaction> element. The <FinancialTransaction> element is the first element under the <BusinessTransaction> element and is an optional repeating (unbounded) element.

The <FinancialTransaction> element contains 10 children elements and has a sequence content model. The sequence content model means that there is a particular order to the children elements of the parent element - in this case, the <FinancialTransaction> element has a particular order of elements that must be followed.

Attribute Information
NameUseDataTypeDefinition
ID[1..1] String [0, 80]An identifier for the record. For a receiving system, this value can be used to reconcile updates to an existing record and qualify new records. For a sending system, this value can be used to reconcile acknowledgements for the submitted records.
Code[0..1][string] and ARC [Accounts Receivable Entries. Single entry account debit used by orginators to convert a consumer check that is received via email or lockbox.], BOC, CCD [A credit or debit entry initiated by an organization to effect a transfer of funds to or from the account of that organization or another organization.], CIE [Customer Initiated Entries. Credit entry initiated by or on behalf of the builder of a consumer account to effect a transfer of funds to the account of the receiver.], COR [Notification of Change], CTX [Corporate Trade Exchange. A credit or debit entry initiated by an organization to effect a transfer of funds to or from the account of that organization or another organization and accompanied by addenda records.], POP [Point of Purchase. Point of Purchase is a single entry ACH debit entry, initiated by an originator to a consumer's account for the in-person payment for goods and services.], POS [Point of Sale. A debit entry initiated at an electronic terminal to effect a transfer of funds from a consumer account of the receiver to pay an obligation incurred in a point-of-sale transaction.], PPD [Prearranged Payment and Deposit Entry. A credit or debit entry initiated by an organization pursuant to a standing or a single entry authorization from a receiver to effect a transfer of funds to or from a consumer account of the receiver.], TEL [Telephone-Initiated Entry. Telephone initiated entries indicating oral authorization by the consumer via a telephone.], WEB [Internet-Initiated Entry. Originator initiating debit entries to a consumer account pursuant to an authorization that is obtained from the receiver via the Internet are required to use the WEB standard entry class code.]The transaction code, for example, indicates the standard entry class codes in an ACH transaction.
Type[0..1] String [0, 40]The type of transaction, for example, indicates the Fedwire type for this record.
SubType[0..1] String [0, 80]The sub type of transaction, for example, indicates the sub type in a Fedwire transaction.
Status[0..1]Cancelled [The financial transaction has been cancelled before submission to the settlement mechanism.], Pending [The financial transaction has not been submitted to a settlement mechanism.], Rejected [The financial transaction has been rejected by the settlement mechanism.], Retired [No more collection efforts will be initiated on the financial item and the agency is debited for the uncollected funds.], Settled [The financial transaction has been settled.], Submitted [The financial transaction has been delivered to the settlement mechanism but has not settled.], Unknown [The status of the financial transaction is not known.]Identifies the transaction status.
FinancialTransactionType[0..1]Adjustment [A financial transaction that represents a monetary adjustment to an existing transaction.], Collection [A financial transaction that is the initial settlement of the payment.], Correction [A financial transaction that represents a change to classification and non-monetary information for an existing transaction.], Non-Accountable [A financial transaction that does not have a monetary accounting outcome.], Re-collection [A financial transaction that is not the initial settlement of the payment.], Return [A financial transaction where the payment was returned to the payer.], Unknown [Financial transactions of an unknown type.]Standard transaction types which represent a high-level categorization of a financial transaction that is used to help identify what type of transaction activity the financial transaction represents.
TraceNumber[0..1] String [0, 80]The trace number for the transaction.
ChannelType[0..1]POS-OTC, Mail-OTC, Mail-LBB, Internet, Telephone, Bank, Intragov, Third-PartyIdentifies the source channel application.
SettlementMechanism[0..1]Cash, Check, ACH, Image, PlasticCard, FedWire, BookEntryIdentifies the settlement system that was used to complete this transaction.
PaymentMedium[0..1]Cash, Check, CreditCard, DebitCard, StoredValueCard, ACH, FedWire, BookEntry, Wire, EBTIdentifies the payment medium for the transaction.
IsCredit[1..1] 1|0Indicates if the item is a debit or credit, for example, a value of '1' would mean that it is a 'credit'. If the attribute is not populated or not present in the XML instance document, then the default value is understood to be '0'.
IsRecurring[0..1] 1|0Indicates if the item is a recurring transaction. If the attribute is not populated or not present in the XML instance document, then the default value is understood to be '0'.
IsTax[0..1] 1|0Indicates if the item is a tax collection transaction. If the attribute is not populated or not present in the XML instance document, then the default value is understood to be '0'.
TransactionDate[0..1] YYYY-MM-DDThe date that the customer either authorized or approved the payment to satisfy debt or pay for purchase or pay down from an appropriation account.
SettlementDate[0..1] YYYY-MM-DDThe anticipated date the funds will transfer (pre-settlement) or the date that the funds have been transferred (post-settlement).
DepositDate[0..1] YYYY-MM-DDThe business date that the payment instruction was received by a business channel. The date that the deposit is presented to a financial institution, for example TGANET. The date that an ACH or Check-21 item is physically entered in the payment stream.

For help, please contact the Treasury FMS Enterprise Data Architecture team.
Last Updated: 2010-01-05T07:06:16.687-05:00