All funds will be distributed to specific Functional Areas for execution of funds. A valid Functional Area combination must exist in GFEBS master data before execution actions can take place.What does gfebs stand for?
The General Fund Enterprise Business System (GFEBS) develops, acquires, integrates, deploys and sustains enterprise-wide financial and procurement management capabilities to support the Army’s current and future missions. General Fund Enterprise Business System | PEO EISWhat is the payment process in general fund Enterprise Business System (gfebs)?
Payment Process. 1. Commit funds in the General Fund Enterprise Business System (GFEBS) 2. Create GFEBS Purchase Request (PR) 3. GFEBS PR sent to Standard Procurement System (SPS)/PD2 or Logistics Modernization Program (LMP) 4. Contracting solicits/awards contract 5. Contract data interface from SPS/PD2 to Electronic Data Access (EDA) and GFEBS 6.What is included in the gfebs project?
The project also includes significant business process reengineering, change management, and business case analysis support components. The GFEBS solution includes Design, Build, Run, and Application Service Provider services for approximately 10 years.