All NIFA recipients (i.e., with Agency Location Code (ALC) 12402200/00 and 12402200/01) should withdraw necessary funds prior to the last four business days of each month. Accounts are restored on the first business day of the following month. This policy and procedure had been established to ensure that financial transactions are properly recorded in USDA's financial management system and reconciled with Treasury's Central Accounting Reporting System (CARS).
*Disclaimer: The contents of this document do not have the force and effect of law and are not meant to bind the public in any way. This document is intended only to provide clarity to the public regarding existing requirements under the law or agency policies.
*Disclaimer: The contents of this document do not have the force and effect of law and are not meant to bind the public in any way. This document is intended only to provide clarity to the public regarding existing requirements under the law or agency policies.