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This glossary attempts to define commonly used terms in the Department of Veterans Affairs (VA) accounting system. It is not all inclusive.
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What is FCP in the VA?
Account Classification Code (ACC): Existing only in the Financial Management System (FMS), it corresponds to the fund control point (FCP) number in Integrated Funds Control, Accounting, and Procurement (IFCAP). In other words, ACC is the FMS version of an FCP. The F16 reports reference the ACC rather than the FCP.
What does the abbreviation VA stand for?
VA's Administrations
The United States Department of Veterans Affairs (VA) is an agency of the federal government that provides benefits, health care, and cemetery services to military Veterans.
What does VHA stand for?
The Veterans Health Administration (VHA) provides primary care, specialized care, and related medical and social support services to American veterans.
What is the VA in finance?
The Department of Veterans Affairs (VA) offers loan programs to help servicemembers, veterans, and their families buy homes. The VA sets the rules for loan qualification, arranges the terms under which mortgages may be offered, and guarantees any loan made under the program.
Dec 29, 2022 · AVO. Appraised Value Offer. December 14, 2016 ... Systemized Nomenclature of Medicine Clinical Terms ... (VA) Web Search Improvement Project. Added ...
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IFCAP. Integrated Funds Distribution, Control Point. Activity, Accounting and Procurement. IT. Information Technology.
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Apr 19, 2024 · This chapter establishes VA's financial policies relating to the use of budget object class codes.
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Mar 27, 2024 · This chapter establishes VA's financial policies for accounting for Enhanced-Use Leases (EULs), where VA is the lessor.
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Mar 26, 2024 · This chapter establishes the Department of Veterans Affairs' (VA) financial policies for lease accounting.
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