DTIC ADA367165: Trends and Progress in Reducing pdf

DTIC ADA367165: Trends and Progress in Reducing

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Description of the Book:

To maintain proper fiscal control and have reliable information on amounts available for obligation and expenditure, DoD needs to be able to match disbursements reported to the U.S. Treasury with obligations shown in DoD accounting records. Because the disbursing and accounting functions are performed by separate activities that are not linked in fully integrated systems and often are not collecated, disbursement data must “transit” to the accountable stations. Excessive delays and errors can occur in recording the disbursements in the accounting systems. The Defense Finance and Accounting Service (DFAS) uses the term “aged in-transit disbursements” to denote excessive delays. If attempts to match disbursement and obligation data fail, the term “problem disbursements” is used. The DoD has been working to reduce aged in-transit and problem disbursements for several years. DFAS reported a decrease in aged in-transit disbursements from $16.9 billion in June 1993 to $9.6 billion in June 1998.

DFAS also reported a reduction in problem disbursements from $34.3 billion in June 1993 to $11.1 billion in June 1998. Appendix C defines the technical terms used in this report

• Creator/s: Defense Technical Information Center
• Date: 4/16/1999
• Year: 1999
• Book Topics/Themes: DTIC Archive, , INSPECTOR GENERAL DEPT OF DEFENSE ARLINGTON VA, *DEPARTMENT OF DEFENSE, *ACCOUNTING, *AUDITING, *DISBURSEMENTS, INTEGRATED SYSTEMS, DEFENSE SYSTEMS, DISTRIBUTION, RELIABILITY, RECORDS, FINANCE

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