Budget Object Code

Background
The Department of the Interior (DOI) has a standard Budget Object Code (BOC) Listing that all bureaus and offices are to use in the posting of transactions.  The BOC Listing is maintained by the Office of Financial Management (PFM).  The PFM also is the Chair of the Budget Object Class Team (BOCT) which is comprised of representatives from each bureau, the Interior Business Center, Financial and Business Management System (FBMS), the Solicitor’s Office, and the Budget Office.

FY 2017 Budget Object Codes - Updated October 1, 2016

 

PFM Procedure for Requesting Budget Object Code Changes

BOC Change Request
To request an addition, deletion or modification to the BOC Listing, bureaus are required to submit a DOI BOC Change Request Form (see Attachment A) to PFM.  The PFM will distribute the BOC Change Request Form to the BOCT for discussion and vote at the next BOCT meeting (voting of BOCs may take place at the BOCT meetings as well as via an email vote).

Once a majority of bureaus approve the BOC Change Request, the BOCT meeting minutes are updated to reflect the approval.  The BOC change is then made to the Master BOC Listing and the new BOC Listing is distributed to the BOCT.

FBMS Process for Approved BOC Changes
Once the BOC has been approved, the FBMS General Ledger Lead will prepare a Commitment Item request form and send it to the FBMS Operation & Maintenance (O&M) team for addition/modification/or deletion in FBMS.  In FBMS, the commitment item is not deleted, but rather the Expiration Date is updated for the date it expired.  The FBMS system will be modified to reflect the Commitment Item request within a two week period.  Once the FBMS system is modified, FBMS will notify the BOCT Chairperson who will then notify the BOCT that FBMS has been updated.