DPAS SCR: 01834

• SCR Number
  01834
• Title
  Latest Acquisition Cost Inventory Inquiry
• DPAS Module
  Materiel Management
• Reporting Organization
  USAF GFM-A
• State
  New
• History
  Submitted 10/25/2022
• Description
  Description:

  AF is reconciling the quarterly CFO reports submitted by the contractors with the transactional data the contractors enter into/interface to DPAS.  The purpose of the reconciliation is to determine if the data contained in DPAS is complete and accurate prior to enabling the automated financial reporting capability.  AF is having difficulty reconciling the asset values submitted by the contractors with those in DPAS.  The contractors’ quarterly reports are valued at latest acquisition cost while DPAS provides moving average cost on its reports and queries.  AF needs a query or report that provides asset values at latest acquisition cost for each contractor.  

   

  Recommended:

  Recommend that DPAS ICP module add the LAC and LAC Extended Price as an attribute(s) to the inventory inquiry screen.  DPAS would utilize the last submitted asset value for each item on this inquiry.  

   

  Mission Critical:
  

  This is a critical step to verify the completeness and valuation of the contractor’s assets prior to enabling the automated financial reporting.  This will provide the AF the supporting documentation necessary to complete the reconciliation

   

  Benefits:

  This provides the ability to review CICP transactions and asset valuations for accuracy prior to sending financial data to GAFS-R.  Provides an apples-to-apples comparison of asset values for the reconciliation.

   

  Users:
  

  ALL AF GFM-A users of DPAS