Finance Flashcards
FIN Code
Fund Centre + Cost Centre + General Ledger + Commitment + Internal Order
How do payments affect the WCF level?
Pending SAs increase WCF level
Cleared SAs decrease WCF level
Pending KB decrease WCF level
NPP DoAs
Who holds DoAs Co XO LogO PO1 Senior Steward PO2 Exchange Manager
TIN vs TAN
TAN - Travel Authorization
- BMO Credit Card to Pay for Travel
- used to book members flights
Pay holds TAN registry. Ships Office might hold TAN
TIN- Used by HRG to book your flight. Travel Identification Number
Forms in Pay Office
CF 106 - Acquittance Rolls CF 52- General Allowance Claims DND 99 - Travel Order Claims DND 508 - Receipt books DND 432 - Accountable Advances CF 78- Moving Expense Claim SA Binder Daily Cash Count
ACS
Automated Cashier System
Used to: Pay out claims
- Issue Advances
- Settle ARs
- update the exchange rateSole Sourcing
Reasons: Less than $25K
-delay would be injurious to public
- not in public interest to solicit bids
- only one person is capable of performing the work
PAM 3.1
Verification of Public Funds
FAM Ch. 76
Verification occurs daily by FSA, monthly by PO2 above, quarterly by LogO & annually by N8
Cash count –> have all cash and cash vouchers in the custody of the Accounting Officer
–> freeze all Accounting Officer + cashier transactions until verification has been completed
Delegation of Authority
Delegation of Authority is the document where the Minister of National Defence delegates financial signing authorities
Delegate to positions not people
FAM 1014- 4 Control of Financial Signing Authority
Non Public Property Shortages
All NPP Shortages + Overages equal or exceeding $1000 in a single occurrence will be reported to RCN comptroller within 72 hours.
Message will contain: holder of account
amount deficient
date of discrepancy
apparent reason for deficiency
if criminal act is known or suspected
Naval NPP manual
