What is the purpose of DA Form 4702-R?

The purpose of DA Form 4702-R is to serve as a monthly bulk petroleum accounting summary. This form is essential for documenting and maintaining accurate records of petroleum product inventories, ensuring that all transactions are accounted for over the course of the month. By compiling data related to fuel receipts, issues, and inventory levels, the form aids in financial accountability and regulatory compliance within fuel management operations.

Using a monthly summary helps organizations track their usage patterns and assists in forecasting future fuel needs. It is an important tool for logistics and supply chain management in military operations, providing critical insights into fuel consumption and helping prevent shortages or surpluses. Understanding this process is crucial for fuel handlers, as it reflects their responsibility in overseeing proper fuel management practices.