DAFORMFILLABLE.COM | DA FORM 7224-1 Fillable – Army Pubs 7224-1 PDF – The DA FORM 7224-1 – Advance Deposit Trust Account (ADTA) Worksheet is an essential document utilized within the U.S. Army for managing and recording advance deposit trust accounts. This form ensures accurate tracking and accountability of funds deposited into trust accounts. Effective as of March 1, 2020, the form is active and prescribed by PAM 25-53.
DA FORM 7224-1 – Advance Deposit Trust Account (ADTA) Worksheet
| Form Number | DA FORM 7224-1 |
| Form Title | Advance Deposit Trust Account (ADTA) Worksheet |
| Form Date | 3/1/2020 |
| Form Proponent | G-1 |
Purpose and Importance of DA FORM 7224-1
The primary purpose of DA FORM 7224-1 is to facilitate the meticulous management of advance deposit trust accounts. These accounts are crucial for handling funds deposited in trust for specific purposes, ensuring transparency and proper financial oversight. The form allows for detailed recording of transactions, which is vital for maintaining accurate financial records.
Key Features of DA FORM 7224-1
- Pub/Form Number: DA FORM 7224-1
- Pub/Form Date: March 1, 2020
- Pub/Form Title: Advance Deposit Trust Account (ADTA) Worksheet
- Pub/Form Proponent: G-1
- Pub/Form Status: Active
- Prescribing Directive: PAM 25-53
- Superseded/Replaced Form: Revised DA FORM 7224-1, dated March 1, 2014
- Security Classification: Unclassified
- Distribution Restriction: Approved for public release; distribution is unlimited
- Pub/Form PIN: 104140
Detailed Overview of the Form
Sections of DA FORM 7224-1
DA FORM 7224-1 is divided into multiple sections, each designed to capture specific information related to advance deposit trust accounts. These sections include:
- Account Information: This section records the account number, account holder’s name, and other pertinent details.
- Deposit Entries: This area is used for documenting all deposits made into the trust account, including the date and amount of each deposit.
- Withdrawal Entries: This section tracks all withdrawals from the account, ensuring a clear record of all outgoing funds.
- Balance Calculations: Here, the current balance of the trust account is calculated, considering all deposits and withdrawals.
- Certification: The final section includes certifications by the responsible personnel, confirming the accuracy of the recorded information.
Importance of Accurate Record-Keeping
Maintaining accurate records using DA FORM 7224-1 is critical for several reasons:
- Transparency: Detailed records promote transparency, allowing for clear oversight of trust accounts.
- Accountability: Proper documentation ensures that all transactions are accounted for, reducing the risk of financial discrepancies.
- Auditing: Accurate records facilitate easier auditing processes, ensuring compliance with financial regulations and standards.
How to Properly Fill Out DA FORM 7224-1
Filling out DA FORM 7224-1 requires attention to detail and a thorough understanding of each section. Here are some tips for completing the form correctly:
- Double-Check Account Information: Ensure that all account details are correct and up-to-date.
- Record Deposits Promptly: Enter all deposits as soon as they are made to maintain accurate records.
- Track Withdrawals Diligently: Document each withdrawal immediately to keep the balance accurate.
- Verify Calculations: Regularly check balance calculations to prevent errors.
- Obtain Necessary Certifications: Ensure that all required certifications are completed by the appropriate personnel.
Conclusion
DA FORM 7224-1 – Advance Deposit Trust Account (ADTA) Worksheet plays a vital role in managing advance deposit trust accounts within the U.S. Army. By ensuring accurate and detailed record-keeping, this form helps maintain financial integrity and accountability. Understanding how to properly utilize this form is crucial for personnel responsible for managing these accounts, contributing to the overall efficiency and transparency of financial operations.
By following the guidelines and best practices outlined above, users can ensure they are leveraging DA FORM 7224-1 effectively, maintaining precise financial records, and supporting the broader goals of financial management within the military context.
DA FORM 7224-1 Fillable – Army Pubs 7224-1 PDF DOWNLOAD
