What is operating budget account number?

What is operating budget account number?

A two-position code synonymous with allotment serial number assigned by the operating agencies to identify specific funding points. Definition found in DHA TM 7220.01- Defense Health Program (DHP) Common Cost Accounting Structure (CCAS) Guidance.

What is an EEIC code?

Element of Expense/Investment Code (EEIC). The codes are designed for use in budget preparations and accounting systems to identify the nature of services and items acquired for immediate consumption (expense) or capitalization (investment).

What is APN funding?

For example, the Aircraft Procurement, Navy (APN) appropriation account funds the procurement of both Navy and Marine Corps aircraft, and the Research, Development, Test, and Evaluation, Navy (RDTEN) account includes research and development funding for both the Navy and Marine Corps.

What is an army APC code?

The Acquisition Position Code (APC) is the functional subset that has been identified for the specific duties of the position. This is the field in which the employee should be certified based on the duties of the position.

What is a common accounting number?

An eleven-digit number composed of two separate parts. The first seven characters of the CAN identify the awarding agency.

What are 3600 funds?

Funds for Air Force operations are made available by Congress through a variety of appropriations: I. Investment Appropriations: Research, Development, Test, and Evaluation (RDT&E) (3600)

When should you balance eliminate your AF Form 616?

How often must Form 616s be balanced between FMA and the requesting activity to ensure they have the same balance? At least quarterly.

What is the difference between Oma and Opa funds?

OPA is used for investments, while OMA is used for expenses. 2 states, “Investments are the costs that result in the acquisition of, or an addition to, end items. These costs benefit future periods and generally are of a long-term character such as real property and personal property.”

What is Ifv?

An infantry fighting vehicle (IFV), also known as a mechanized infantry combat vehicle (MICV), is a type of armoured fighting vehicle used to carry infantry into battle and provide direct-fire support.

What is a line of accounting?

A Line of Accounting (LOA) is the funding associated with a federal organization’s budget. A typical string of accounting data found on a requirements document is 30 to 40 characters in length. Each of these characters is broken out differently in accordance with the accounting practices of the providing agency.

How do you number an account?

For a retail firm, asset accounts start with number one, liability accounts start with number two, stockholders’ equity accounts start with number three, income accounts start with number four and expense accounts start with number five.