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NASA Ball NASA
Procedural
Requirements 		NPR 9060.1B
Effective Date: April 24, 2023
Expiration Date: April 24, 2028
COMPLIANCE IS MANDATORY FOR NASA EMPLOYEES
Printable Format (PDF)

Subject: Accrual Accounting - Revenues, Expenses, and Program Costs

Responsible Office: Office of the Chief Financial Officer


| TOC | Preface | Chapter1 | Chapter2 | Chapter3 | AppendixA | AppendixB | AppendixC | AppendixD | ALL |

Appendix C. Procurement Instruments and Accrual Recognition Summary Table

Procurement Instrument Accrual Frequency Recognition Basis
Cost Type (Cost-Reimbursement and Incentive) Monthly (1) The constructive receipt as work is performed.
(2) Based upon NASA Form (NF) 533, Contractor Financial Management Reports, technical personnel providing the value of work performed or the percentage of work completed and/or historical data previously reported. See NPR 9501.2.
Fixed-Price with Prospective Price Redetermination Monthly (1) The constructive receipt as work is performed.
(2) Based upon NF 533 Reports, technical personnel providing the value of work performed or the percentage of work completed and/or historical data previously reported. See NPR 9501.2.
Fixed-Price Incentive Contracts Monthly (1) The constructive receipt as work is performed.
(2) Based upon NF 533 Reports, technical personnel providing the value of work performed or the percentage of work completed and/or historical data previously reported. See NPR 9501.2.
Fixed-Price Contracts and Purchase Orders Monthly (1) As a straight-line calculation over a specific period per agreements, orders, or contracts.
(2) As goods or services are received.
(3) The constructive receipt as work is performed.
(4) Based upon receiving reports, inspection slips, or approved invoices.
Interagency Agreements (NASA as Buyer) Monthly (1) As goods or services are received per receiving reports, inspection slips, approved invoice, or other instruments.
(2) As a straight-line calculation over a specific period per agreements, orders, or contracts.
Government-wide Commercial Purchase Cards Monthly (1) As goods or services are received.
Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) Contracts Monthly (1) As a straight-line calculation over a specific period per agreements, orders, or contracts.
(2) The constructive receipt as work is performed.
(3) Based upon NF 533 Reports, technical personnel providing the value of work performed or the percentage of work completed and/or historical data previously reported. See NPR 9501.2.
Procurement Purchase Cards Monthly (1) Cost is recorded at the time the bankcard statement is reconciled and posted for disbursement. The accrual is reversed in the subsequent month (accounting period), after completion of the reporting cycle.


| TOC | Preface | Chapter1 | Chapter2 | Chapter3 | AppendixA | AppendixB | AppendixC | AppendixD | ALL |
 
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