How to Record OCONUS Household Goods Shipping
Records the cost of shipping personal effects for an employee relocated to an overseas site under a government contract.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Allowable Relocation Expense - OCONUS | Debit | 8,500.00 | - |
| Accounts Payable | Credit | - | 8,500.00 |
💡 Accountant's Note
Relocation costs are generally allowable under FAR 31.205-35, provided they meet specific criteria for OCONUS (Outside Continental United States) assignments.
Practitioner & Systems Framework
💻 ERP Architecture
Ensure the relocation cost center is separate from general G&A to track allowability thresholds.
⚠️ Audit Flags
Shipping costs exceeding the weight limits specified in the Joint Travel Regulations (JTR).
📄 Required Documentation
Commercial bill of lading, weight tickets, and employee relocation agreement.
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