What is G Invoicing?

G Invoicing is a web-based application developed by the U.S. Department of the Treasury to facilitate the processing of intergovernmental transactions (IGT) between federal agencies. It provides a standardized way for agencies to negotiate, manage, and settle agreements, orders, and invoices electronically. This system aims to improve transparency, accuracy, and efficiency in federal financial management by automating and centralizing the exchange of billing and payment information. Agencies are required to use G Invoicing for all buy/sell transactions to comply with federal financial management regulations.