By Edward Geoffrey Keating, Susan M. Gates
The safeguard Finance and Accounting provider (DFAS), created in 1991 throughout the consolidation of army service-specific accounting and finance operations, offers numerous companies to division of protection (DoD) shoppers, akin to payroll, invoice cost, and new release of accounting statements. interpreting DFAS info on charges and workload to discover chances for greater operations, the authors argue that present linear pricing of DFAS companies is irrelevant. specifically, DFAS expenses neither raise nor reduce commensurate with workload. DFAS's pricing should be stronger through a change to a nonlinear technique, allotting fastened expenditures between buyers utilizing open-the-door move funds and charging merely incremental expenses to clients on a in step with paintings unit foundation. the sort of pricing reform will require alterations to present security operating Capital Fund (DWCF) rules.
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Additional info for Defense working capital fund pricing policies: insights from the Defense Finance and Accounting Service
Though the DFAS regions now do some work for other services, the pre-DFAS work patterns have persisted to a large extent. 1 General Accounting Office (GAO) report NSIAD/AIMD-97-61 discusses the development of DFAS. 1 DFAS Regional Centers and OPLOCsRegional CenterAssociated OPLOCsPrimary CustomerCleveland, OHCharleston, SCNavyHonolulu, HIaNorfolk, VAOakland, CAPensacola, FLSan Diego, CA Columbus, OH None DoD Agencies Denver, CO Dayton, OH Air ForceLimestone, MEOmaha, NESan Antonio, TXSan Bernardino, CA Indianapolis, IN Lawton, OK ArmyLexington, KYOrlando, FLRock Island, ILRome, NYSeaside, CASt.
As noted above, DFAS regions have traditionally been affiliated with specific branches of the armed services, and the different services have different approaches and procedures for handling similar outputs, such as travel vouchers. We have therefore created our cost/workload indices only within specific regions. Our indices might be used to evaluate which regions are improving and which are not, thereby revealing gross differences in performance trends. They do not, however, indicate whether the absolute level of performance in one region is better than in another.
The expected cost for a particular output is the average cost of producing that output over the data's full time period for a specific entity (DFAS, a region, a center, or an OPLOC). As a result, the average value of the cost/workload index over the data's full time period for a specific entity will always be equal to 1. In a specific month, however, the index value may be above or below 1. , all DFAS regions, specific regions, or specific outputs in specific regions. If one focuses on a specific output in a specific region, the cost/workload index will be equivalent to expenditures per work unit.
Defense working capital fund pricing policies: insights from the Defense Finance and Accounting Service by Edward Geoffrey Keating, Susan M. Gates
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