How to Record GFM Discrepancy Report Costs
Records the labor costs associated with documenting and filing Supply Discrepancy Reports (SDR) for GFM.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Indirect Labor - GFM Management | Debit | 1,200.00 | - |
| Payroll Accrual | Credit | - | 1,200.00 |
💡 Accountant's Note
Labor spent investigating and reporting damaged or missing Government Furnished Material is generally handled as an indirect material handling or G&A cost.
Practitioner & Systems Framework
💻 ERP Architecture
Charge to a specific indirect charge code for property management
⚠️ Audit Flags
High ratio of discrepancy reporting labor to material volume
📄 Required Documentation
Copy of the SF 364 Supply Discrepancy Report
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Discussion & Community Questions
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