What is the deadline for submitting the Budget OPTAR Report (NAVCOMPT 2157) to DFAS?

Prepare for the Navy Logistics Specialist Test. Study with flashcards and multiple choice questions, each question has hints and explanations. Get ready for your exam!

The Budget OPTAR Report (NAVCOMPT 2157) must be submitted to the Defense Finance and Accounting Service (DFAS) no later than the 1st work day of the month following the month to be reported. This timely submission is essential for maintaining accurate financial records and ensuring that budgetary allocations are properly accounted for in a timely manner. Submitting reports promptly allows for effective budget management and oversight, ensuring that commanding officers have the necessary financial information to make informed decisions regarding logistics and resource allocation.

The emphasis on a specific timeframe helps the Navy adhere to strict financial reporting guidelines and allows DFAS to process these reports efficiently, aligning the reports with the overall fiscal management cycle of the Department of Defense. This practice supports accountability and transparency, which are vital in military logistics and financial management.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy