| |
ways in which this important element of the accounting
classification code is used.
UNIT IDENTIFICATION CODES
The UIC is a five-digit number that identifies an
entity in the Department of the Navy or Department of
Defense. Every command has a UIC. In fact, UICs are
also assigned to civilian contractors and others who do
business with the Department of Defense. Besides
being used in the accounting classification code, as we
mentioned earlier, UICs also appear in the Paid By
section of public vouchers to aid in the identification of
the disbursing officer of the agency making payments.
UICs are also used in the Joint Uniform Military Pay
System (JUMPS) for such things as the distribution of
leave and earnings statements (LESs) and identification
of the responsible paying offices for pay and
allowances. The complete listing of Navy UICs can be
found in the Navy Comptroller Manual (NAVCOMPT
Manual). Volume 2, chapter 5.
INTERNATIONAL BALANCE OF
PAYMENTS
The identification of financial transactions
involving other countries is important to the United
States Government. The economic well-being of the
United States is directly influenced by the international
balance of payments (BOP). The Comptroller of the
Navy is responsible for coordinating and developing
policies and procedures regarding foreign currency
exchanges and other international financial transactions
involving the Department of the Navy. The comptroller
establishes procedures for the use of foreign currency
in those countries in which the United States has Status
of Forces Agreements (SOFAs), NATO Agreements, or
Base Rights Agreements. Favored nation exchange
rates for official transactions and for accommodation
exchanges for United States personnel are sought by the
comptroller as well.
Any transaction that affects the international BOP
must carry a two-character alpha code identifying the
country involved in the transaction. An example is CA
for Canada. Chapter 7 of the NAVCOMPT Manual,
Volume 2, contains the assigned country codes and the
rules for applying them. Some general rules are shown
in table 2-1.
Remember, you can find additional information
about the rules for selecting and applying country codes
in chapter 7 of Volume 2 of the NAVCOMPT Manual.
As well as the required country codes, you must
also be aware of any applicable expenditure or
collection category codes. In fact, any voucher that
requires a country code must also have either a
three-digit expenditure category code for
disbursements or a two-digit source code for
collections. These codes apply to transactions affecting
disbursements and collections involving any
appropriation, including all general, revolving, deposit,
special, or trust funds, as well as any general fund
Table 2-1.-General Rules for Country Coding Selected Transactions
2-8
|
