scope:

For the most part, DoD's current accounting systems do not capture trading partner information at the level required to eliminate intragovernmental transactions. Therefore, current systems cannot produce the data necessary for reconciliations between buyers and sellers. This chapter provides interim policies and procedures to be used until required systems and process improvements can be implemented.

Purpose

This chapter provides general instructions for preparing worksheets in support of trading partner exchange of data, eliminating intragovernmental transactions from the Department of Defense (DoD) quarterly and annual financial statements, and providing elimination information to the Department of Treasury (hereafter referred to as "Treasury"), for use in preparing the Governmentwide financial statements. Additional information regarding the elimination process and adjusting entries can be found in the DoD Audited Financial Statements Reporting & Analysis (DoD AFSR&A) Financial Reporting Guidance, hereafter referred to as "DoD AFSR&A Guidance."