DAFORMFILLABLE.COM | DA FORM 4967-R, also known as the Cash Flow Budget (LRA), is an important financial document used within the U.S. Army. This form is essential for planning and managing the financial resources allocated to various projects and operations. Issued on March 1, 1981, the form remains active and is prescribed by the proponent G-9.
DA FORM 4967-R – Cash Flow Budget (LRA)
| Form Number | DA Form 4967-R |
| Form Title | Cash Flow Budget (LRA) |
| Form Date | 03/01/1981 |
| Form Proponent | G-9 |
Purpose of DA FORM 4967-R
The primary purpose of DA FORM 4967-R is to provide a structured format for projecting and managing cash flow within the Army’s logistics readiness activities (LRA). It helps in:
- Forecasting financial needs
- Tracking actual expenditures
- Comparing budgeted versus actual cash flows
Key Features of DA FORM 4967-R
Structured Financial Planning
The form offers a detailed layout that allows users to systematically record and monitor cash inflows and outflows. This structured approach ensures that financial planning is comprehensive and precise.
Active and Unclassified
As an active form with a security classification of unclassified, DA FORM 4967-R is accessible and approved for public release, with unlimited distribution.
How to Use DA FORM 4967-R
Sections of the Form
The form is divided into several sections, each designed to capture specific financial data:
- Revenue Projections: This section helps in estimating the expected revenue over a specific period.
- Expenditure Forecasts: Here, users can outline anticipated expenses, ensuring all potential costs are accounted for.
- Variance Analysis: This part of the form is used to compare projected figures with actual figures, helping to identify discrepancies and make necessary adjustments.
Importance of DA FORM 4967-R in Financial Management
Enhanced Financial Oversight
By utilizing DA FORM 4967-R, army personnel can maintain better control over financial resources. The form aids in identifying potential budget shortfalls or surpluses, enabling timely decision-making.
Compliance and Accountability
Regular use of the Cash Flow Budget (LRA) ensures compliance with financial regulations and standards. It also promotes accountability by documenting financial activities in a transparent manner.
Best Practices for Filling Out DA FORM 4967-R
Accurate Data Entry
Ensure all data entered into the form is accurate and up-to-date. This accuracy is crucial for reliable financial planning and analysis.
Regular Updates
Regularly updating the form with actual financial data helps in maintaining its relevance and usefulness. It allows for real-time tracking and adjustment of the cash flow budget.
Review and Approval
After completing the form, it should be reviewed and approved by authorized personnel to ensure its accuracy and compliance with financial policies.
Conclusion
DA FORM 4967-R – Cash Flow Budget (LRA) is a vital tool in the financial management of the U.S. Army’s logistics readiness activities. Its structured approach to projecting and managing cash flows ensures efficient use of financial resources, enhances oversight, and promotes accountability. By adhering to best practices in filling out and updating the form, army personnel can significantly improve their financial planning and management processes.
This detailed understanding of DA FORM 4967-R ensures that individuals tasked with financial responsibilities can effectively utilize this form to support their professional activities within the Army.