Improving the Accuracy of Defense Finance and Accounting Service Columbus 741 and 743 Accounts Payable Reports

We determined whether the Defense Finance and Accounting Service DFAS Columbus methodology for capturing accounts payable balances for contracts administered in the Mechanization of Contract Administration Services MOCAS system results in accurate and timely accounts payable information. Specifically, we reviewed the DFAS methodology used to compile the monthly detailed accounts payable files provided to the Military Departments MILDEPs. See the appendix for a discussion on the scope and methodology and prior coverage related to the objective.