AFMAN34-214 Publication Summary:
Purpose:
This manual implements AFI 34-209, Nonappropriated Funds Financial Management and Accounting, by explaining
procedures for financial management and accounting for all Services (SV) nonappropriated fund (NAF) instrumentalities
(NAFI). This manual applies to the same NAFIs covered by AFI 34-209. It is applicable to the Air National Guard (ANG)
only upon mobilization. This manual requires collecting and maintaining information protected by the Privacy Act of 1974,
authorized by 10 U.S.C. 8013 and E.O. 9397. Systems of records F176 AFMP A and F176 AFMP D apply.
Summary of Changes:
This revision incorporates interim change (IC) 99-1 which provides guidance for maintaining Construction in Progress
(CIP) accounts and closing out CIP projects. Paragraph 7.2 was replaced and provides a general description of what types
of items the CIP account should contain. Paragraph 7.2.1 was added to require the use of a separate third digit shred to the
CIP account for each project. Paragraph 7.2.2. was added to provide details on documents to maintain in the project
subsidiary folder. Paragraph 7.2.3 was added to provide procedures on removing old renovations from the general ledger
when a new project substantially replaces the old project. Paragraph 7.2.4 was added to give procedures for posting to the
CIP account. Paragraph 7.2.5 was added to define beneficial occupancy and states that it is the date to use for transferring
project costs out of the CIP account. Paragraphs 7.2.5.1 through 7.2.5.3 were added to give procedures for the NAF AO to
move the project costs and the notification/certification required to be given to the Services deputy. Paragraph 7.2.6 was
added to explain who notifies the NAF AO of canceled projects or projects put on hold and the accounting guidance.
Paragraph 7.2.7 was added to explain the procedures when the final bills are received after the project has been transferred
out of the CIP account. A star () indicates revision from previous edition. The complete text of IC 99-1 is at Attachment
8.
Distribution:
Supersedes:
AFMAN 34-214, 14 August 1998.
History:
AFMAN 34-214, 14 August 1998; AFMAN 34-214,
1 February 1996.