NWCF
1
7
$
$
DFAS
COMMERCIAL SUPPLIERS
DLA, ARMY, AF, GSA
6
NAVCOMPT
2074 AND
2
NAVSUP 1162
4
NSA
NAVY SUPPLY ACTIVITY
3
8
34
DD1
5
ORIGINAL
SKf08006
Figure 8-6. -- Typical Working Capital Fund in Operation.
6. The supply activity submits "Report of Fired
the Defense Business Operating Fund. The exception
is that it is used to finance the cost of maintaining and
Authorization Charges," (NAVCOMPT Form
operating such industrial commercial-type activities as
2074) with supporting "Financial Detail" cards,
naval shipyards. Major charges to the fund are civilian
(NAVSUP Form 1162) to the DFAS. This
labor, material purchases, travel of personnel,
authorizes the DFAS to charge the ship's
transportation of material, cost of purchased utilities,
OPTAR.
and equipment and property rental. The fund is
7. Credits the NWCF, thus completing the cycle.
reimbursed through the sales of materials and for
services performed for the Navy and other government
The Defense Logistics Agency, General Services
agencies.
Administration, and the Departments of the Army and
Air Force have similar funds to finance procurement of
Naval Working Fund
materials managed by the respective agency or
department.
The Naval Working Fund provides a single
permanent revolving fund for financing all work not
Navy Industrial Fund
chargeable to a current naval appropriation. It is used to
receive advance deposits for work or services
The Navy Industrial Fund is a revolving fund used
furnished. This type of work is performed by the Navy
to finance industrial commercial-type activities. The
for other government departments, foreign
Navy Industrial Fund serves much the same purpose as
8-7
