Reimbursable Have a Prior Agreement Gfebs
If you work in a business or government agency that deals with reimbursements, you may have come across the phrases « reimbursable have a prior agreement » and « GFEBS. » Understanding these terms is important in ensuring that your reimbursements are properly recorded and approved.
Firstly, let`s define reimbursable have a prior agreement. This phrase essentially means that before incurring any expenses that you expect to be reimbursed for, you must have an agreement in place with your employer or client that outlines the scope of the work and the expenses that will be reimbursed. This can include travel expenses, supplies, or any other costs associated with completing the work.
Now, onto GFEBS. This stands for the Global Combat Support System – Army Financial Management System. It is a web-based enterprise resource planning system used by the U.S. Army to manage its finances. It is also used by other government agencies, such as the National Guard and Army Reserve. GFEBS is used to track expenditures, manage budgets, and create financial reports.
So, how do these two concepts relate to each other? When submitting a reimbursement request, it is important to follow the guidelines set out in the prior agreement. This will typically include documenting expenses and providing the necessary receipts and invoices. GFEBS is used to track these expenses and ensure that they align with the prior agreement.
For example, let`s say you were sent on a business trip and your employer agreed to reimburse you for airfare, meals, and lodging. You would need to keep receipts for each of these expenses and submit them along with your reimbursement request. GFEBS would then be used to verify that these expenses were within the scope of the prior agreement and that they were incurred while you were on business.
In summary, having a prior agreement in place for reimbursable expenses is essential for ensuring that you are properly reimbursed for your work-related expenses. GFEBS is used to track these expenses and ensure they align with the prior agreement. By following these guidelines, you can streamline the reimbursement process and avoid any issues down the line.