Financial Fundamentals
This is the official permission provided by Congress that allows a unit or organization to spend money, often categorized into separate "pots of money."
What is Budget Authority?
These external systems feed transactions into the Marine Corps' accounting system.
What are Business Feeder Systems (BFS)?
These official records validate financial transactions to ensure they comply with audit standards and prevent discrepancies.
What are Key Supporting Documents (KSDs)?
This standard payment voucher is generated by DFAS roughly 30–45 days after being prompted across multiple systems (MIPR, GPC, ServMart).
What is a SF 1034?
Unlike other procurement systems, the ServMart POS system and Enterprise Point of Sale System transmits these three transaction phases simultaneously to the accounting system immediately after the card is scanned or fuel is pumped.
What are Commitment, Obligation, and Delivered?
This is the most accurate picture of how much money a unit truly has left to spend, which incorporates pending transactions not yet posted in the accounting system.
What is True Available Balance?
These are the two methods by which Business Feeder Systems transmit transactional data to post to the Accounting System.
What are Real-time and Batch-processing?
The duration (in years) that Key Supporting Documentation must be formally retained and stored.
What is 10 years?
These two DD forms represent the travel authorization and the final travel voucher generated in DTS.
What are DD Form 1610 and DD Form 1351-2?
The effect in the Marine Corps' Accounting System from a real life action.
What is a transaction point?
In this specific file status, the accounting system does not yet reflect the commitment and/or obligation transaction(s), requiring a manual log managed by a fiscal clerk.
What is a Pending File?
This is the Business Feeder System associated with temporary duty travel (TDY)
What is DTS (or Defense Travel System)?
This is the process of matching transactions in the accounting system with physical KSDs to verify record integrity and correct errors.
What is Reconciliation?
These are the two specific standard forms representing a MIPR Request (sent to another agency) and the corresponding MIPR Acceptance (sent back).
What are DD Form 448 (Request) and DD Form 448-2 (Acceptance)
In the DTS workflow, this key individual's approval serves as the transaction point that simultaneously generates the Approved DD 1610 and posts both Commitment and Obligation.
Who is the Authorizing Official (AO)?
This is defined as the exact moment when a real-life action causes a financial transaction to post to the Marine Corps' accounting system.
What is a Transaction Point?
While MIPRs are processed via the iProcurement MIPR Store, Contractual Procurements above the micro-purchase threshold must go through this specific store.
What is the iProcurement PRDS Store?
For the Government Purchase Card (GPC), this final, month-end KSD is certified by the Supply Officer to assert that all credit card purchases are true and accurate.
What is the Certified Bank Statement (from US Bank)?
These two forms correspond to receiving maintenance parts via GCSS-MC (the shipping slip) and pumping fuel at base fuel stations.
What are the DD 1348-1A and DD Form 1898?
The Supply Officer approving the GCSS-MC Request triggers these financial transactions to post into the Marine Corps' Accounting System.
What are the commitment and obligation transactions?
This is the complete mathematical equation used to calculate the True Available Balance.
What is [Authority] - ( [Pending] + [Posted]/[Complete])?
While MIPRs are processed via the iProcurement MIPR Store, purchases below the micro-purchase threshold must go through this specific store.
What is the iProcurement GPC Store?
These are the two classifications of forms used as KSDs. One is specific to individual units/commands, and the other is standardized across the DoW.
What are Local Forms and Standard Forms?
These two Standard Forms represent a base commercial contract (released in the Standard Procurement System) and any subsequent modifications made to it.
What are SF 1449 (Base Contract) and SF 30 (Contract Modification)?
All three of these purchase methods trigger a transaction point in the commitment phase?
What are Contractual Procurement, GPC, and MIPR?