This Volume of the Department of Defense Financial Management Regulation is issued under the authority of DoD Instruction 7000.14, 'DoD Financial Management Policy and Procedures, ' November 15, 1992. It governs financial management by establishing and enforcing requirements, principles, standards, systems procedures, and practices necessary to comply with financial management statutory and regulatory requirements applicable to the Department of Defense. It directs financial management requirements, systems, and functions for all appropriated, nonappropriated, working capital, revolving, and trust fund activities. In addition, it directs statutory and regulatory financial reporting requirements. Military Pay Policy and Procedures is divided into two Volumes: Volume 7A, 'Military Pay Policy and Procedures Active Duty and Reserve Pay, ' and Volume 7B, 'Military Pay Policy and Procedures for Retired Pay.' Volume 7A concerns active duty and reserve component military pay and allowances entitlements. Volume 7B covers entitlements of retired military personnel and their annuitants. This issue, Volume 7A, incorporates material previously issued under Volume 7A, 'Military Pay Policy and Procedures Active Duty and Reserve- Pay, ' dated December 12, 1994.