Action: Verify Commitment and Obligation Transactions

Conditions: FM leaders in a classroom environment working individually and a member of small group, with access to commitment and obligation transactions on the General Fund Enterprise Business System (GFEBS) Status of Funds Report, funding documents, the Financial Management Tactical Platform (FMTP), DFAS-IN Regulation 37-1 (Finance and Accounting Policy Implementation), DFAS-IN Manual 37-100-FY (The Army Management Structure), AR 1-1 (Planning, Programming, Budgeting, and Execution System), personal experiences, practical exercises, handouts, and discussion.

Standards: Review funding documents to determine whether they are a commitment or obligation, prepare Commitment(s), resolve Open commitments, prepare Obligation(s), and resolve Unliquidated Obligations. With a minimum of 80% accuracy, learners must demonstrate proficiency during the following learning activities:

  1. Review funding documents to determine whether they are a commitment or obligation.
  2. Prepare commitment(s).
  3. Resolve open commitments.
  4. Prepare obligation(s).
  5. Resolve unliquidated obligations.

 

Lesson Content

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