Create Account

Step 2 of 3 (continued)

Set Draw Limits and Agency Review

Purpose of Step

The purpose of this step is to identify Maximum Draw The maximum amount that can be drawn from an Account Detail over the life of the account. Amounts and/or Agency Review Criteria for a specific Recipient The organization that is entitled to the funds. associated with the Global or Global Control account An account with up to 300 account details, available balance is maintained and authorizations entered at control account level, however, the payment request is performed at the detail level CSV - comma separated value. being created.

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Actions for this Step

1.    Enter Maximum Draw Amount Information

·       Maximum Draw Amounts can be identified on a daily, monthly The payment schedule pattern that results in a payment request generated once a month on a date indicated on the schedule. , quarterly A scheduling option for Maximum Draw; when set to Quarterly, the Maximum Draw will reset on the first business day of the following months: January, April, July, October. , and total basis. If set on a quarterly basis, the system will allow any balances outstanding from the prior quarter to “rollover” to the next for all quarters except the Rollover Reset Quarter By designating an optional Rollover Reset Quarter, the Agency allows unused Maximum Draw amounts to carry over into subsequent quarters. On the first day of the quarter designated as the Rollover Reset Quarter the Maximum Draw amount resets to zero. .

·       The Rollover Reset Quarter can either be designated by the agency or can be left on “None.” If left on “None,” the system will not rollover outstanding balances from any prior quarter.

2.    Enter Agency Review Criteria  

·       If Set Agency Review is Yes, then the Threshold Amount and reason must be entered.

·       The Threshold Amount The amount equal to or above which a payment request is held for Agency Review. is the amount above which the payment request A request for funds initiated by the payment requestor or agency on behalf of the recipient organization. will be held for agency review. When this occurs, the agency will receive a home page link and online notification System generated message containing information regarding a specific action. .

·       The ASAP.gov The web enabled ASAP application. system will send a reminder every three business days that action is pending on payments for agency review.

·       Agency Review is set at the Requestor/Recipient Pair level for Global and Global Control accounts.

3.    Click Apply.

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