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In GFEBS (General Fund Enterprise Business System), transactions that represent an obligation typically include contracts for goods and services, purchase orders, and any agreements that commit government funds. These transactions are recorded when the obligation is established, such as when a purchase order is issued or a contract is signed. Additionally, travel orders and other commitments that require funding also fall under this category. Overall, any action that legally binds the government to pay for goods or services creates an obligation in GFEBS.
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GFEBS government purchase card?
If the GPC purchase exceeds the obligation amount, what must be adjusted in GFEBS for successful posting?
Which Which document can be used to record the award of a contract and the obligation of funds in GFEBS?
Purchase Order (PO)
Which document can be used to record the award of contract and the obligation of funds in GFEBS?
Purchase Order (PO)
Which of the following is a true statement about purchase orders (POs)?
A PO represents an obligation of funds in GFEBS
Which document can be use to record the award of a contract and the obligation of a funds in GFEBS?
Purchase Order (PO)
Which document can be used to record the award of a contract and the obligation of funds in GFEBS?
A Purchase Requisition (PR) document can be used to initiate a request for goods or services and record a commitment of funds in GFEBS.
How often do rebates post to cardholder accounts in GFEBS?
Using transaction code ZSSC_CRS1 or ZSSC_CREDIT_UP, what information is entered in the "Card Identifier" field?
The card identifier in GFEBS is?
The card identifier in the General Fund Enterprise Business System (GFEBS) is a unique alphanumeric code used to track and manage financial transactions and accounting entries. It helps ensure accurate record-keeping and facilitates the identification of specific transactions within the system. This identifier is crucial for maintaining data integrity and supporting financial reporting processes in the Department of Defense.
What transaction can be used to obligate a sps pr in gfebs?
To obligate a SPS PR in GFEBS, you would use a Purchase Requisition Obligation (PR) transaction. This transaction allows you to commit funds against a PR to ensure that the goods or services requested will be paid for once the purchase is completed.
Transaction definition in GFEBS?
In GFEBS (General Fund Enterprise Business System), a transaction refers to any financial operation or activity that impacts the organization's financial records. This can include purchases, sales, payments, receipts, and adjustments that are captured and processed within the system to maintain accurate financial data and reporting. Transactions in GFEBS are typically recorded in accordance with government accounting standards and guidelines.
What does the Exchange rate monitor do in GFEBS?
The Exchange Rate Monitor in the General Fund Enterprise Business System (GFEBS) is a tool used to track and manage foreign exchange rates for financial transactions involving currencies other than the U.S. dollar. It ensures that currency conversions are accurate and compliant with financial regulations, helping to maintain the integrity of financial reporting. This monitor supports financial managers in making informed decisions regarding international transactions and budget planning.
Which module is used in GFEBS to track and manage costs for certain projects within the Army?
The Program Cost Management (PCM) module in GFEBS is used to track and manage costs for certain projects within the Army. It provides capabilities for budgeting, cost tracking, obligation, and expenditure analysis specifically geared towards project management.
