| Description: |
The Department of Defense Fund Balance is the authoritative source for all funds information, including execution transactions and funds availability. A Department of Defense Fund Balance is based on the general ledger data and provides the current balance of funds available for use associated with a specific budget program or any subdivision of a budget program. This information also contains funds availability within a particular program by comparing the fund request with fund balance of the activity providing the goods or services to ensure that the seller has the funding authority to incur the costs that will be associated with providing the buyer’s request. In addition, the Department of Defense Fund Balance includes funding originally appropriated, apportioned, allotted, or otherwise distributed and any subsequent execution activity that has occurred, including commitments, obligations, and expenditure activity. This information is also comprised of many views of financial information at various levels of detail. |