17
X
49
11
23
10
Issues from the NSA of clothing items for health
Navy Department
and comfort, when not chargeable to another
appropriation.
"X" No fiscal year limitation
Payment of claims approved by the General
Type (49 = revolving fund)
Accounting Office (GAO).
Particular Fund (11 = DBOF)
NAV Y W O R K I N G C A P I TA L F U N D
CREDIT--The Defense Business Operating Fund is
Administrator (23 = NAVSUP)
credited with the following:
Purpose (10 = wholesale inventory)
Issues from the NSA charged to an appropriation
SKf08005
or fund.
Figure 8-5. --Example of A Navy Working Capital Fund.
Cash sales from the NSA (including sales to
other government departments and foreign
NAVY STOCK ACCOUNT--The Navy Stock
governments),
Account (NSA) is an inventory account and an integral
Sales from the NSA to other stores accounts.
part of the NWCF. It serves as the "holding account"
for NWCF procured supplies before their sale. Thus,
Collections from carriers for NSA material lost
the total value of the NWCF consists of money plus
or damaged in transit.
supplies in the NSA. The NSA is also used by
NSA gains by accounting, price adjustment,
NAVSUP as the accounting device to account for and
appraisal, inventory, sale, and survey which are
control the expenditure of NWCF funds.
not properly creditable to an appropriation.
NAVY WORKING CAPITAL FUND AND
Reimbursements from the Defense Logistics
NAVY STOCK ACCOUNT IN OPERATION.--
Agency for the pro rata share of proceeds from
Refer to figure 8-6 as you read the following steps
sale of surplus, scrap, and salvage material
covering the operation of the Navy Working Capital
expended from the NSA.
Fund and Navy Stock Account .
NAV Y W O R K I N G C A P I TA L F U N D
1. M a t e r i a l i s p u r c h a s e d b y N W C F f r o m
SYMBOLS--Symbols used in the elements that make
commercial suppliers, Defense Logistics
up the NWCF serve the same purpose as those for
Agency, Departments of the Army and Air
appropriations. They identify charges and credits
Force and the General Services Administration.
made against the NWCF. The symbols used in the
construction of the NWCF consist of eleven digits. The
2. Suppliers deliver material to designated naval
first seven digits designate the department responsible
supply activities where it is held in the inventory
for administering the fund; an indicator of fiscal year
account, Navy Stock Account (NSA), until
limitation, the type, and the particular fund. The other
needed by a Navy customer,
four digits compose the subhead. It identifies the
3. A ship has to replace material, which has been
command or bureau within the Navy responsible for
used in its operations. A requisition, DD Form
administrating this element of the fund and the purpose
1348, is submitted to the appropriate supply
for which it is to be used. The meaning of each digit or
activity.
combination of digits is shown in figure 8-5.
4. A ship forwards a copy of the requisition
Use.--NWCF fulfills its role as a revolving fund
document (i.e., green copy of the DD Form
by purchasing designated supplies from commercial
1348) to the appropriate DFAS for use in
sources, Defense Logistics Agency, the General
p e r f o r m i n g t h e s h i p 's o f f i c i a l O P TA R
Services Administration, and the Departments of the
accounting. Monthly, the ship submits a
Army and Air Force, and then selling them. These
Budget/OPTAR Report, which summarizes the
supplies may be sold to a specific appropriation or for
obligation documents. The report authorizes the
cash. The NWCF is reimbursed for supplies when they
DFAS to reduce the ship's OPTAR and the
are ISSUED or SOLD. While these supplies are
ship's type commander's operating budget.
waiting to be sold, they are in the Navy Stock Account
5. The material is issued to the ship.
(NSA).
8-6
