Query:
Hello po!! Mag iinquire po sana ako regarding sa preparation ng quartely far 1 and 1a. Ano po ba dapat yung ilagay na obligation dun, yun bang adjusted obligation (adjusted through norsa)? at pano naman po yu[n]g disbursement yun bang naka reflect sa rci/[radai] [Report of Check Issued and/or Report of ADA Issued] kahit pa po may refund like yung cash advances.??
Dapat po ba na equal yung obligation at disbursement?
Thanks po. This would be a big enlightenment for me as a novice in this field. (sic)
Responses:
“Please refer to Sections 9 to 17, Chapter 3 of the Government Accounting Manual for National Government Agencies (GAM for NGAs) for the appropriate procedures on how to record appropriations, allotments, obligations, and disbursements in the registries of the Agency. These registries are the basis of the Agency in the preparation of BFARs. On the other hand, you may download the instructions on how to accomplish the reports, here. ” – comment of Gabby, The Accountant
“I may say that the forms to be filled out issued by DBM or by other agencies oftentimes confuse me too due to absence of clear instructions. And one time when i tried to ask DBM what to do, i was told i should be the one analyzing and explaining everything to my boss. So it’s not my fault if my output is not as accurate and effective as it should be.. makapagpareport lang.” – comment of Chattee Dalisay Catabas
“adjusted po, pag may realignment sa mga obligations kasama po yun para maadjust din yung allotment nya (basta same pa rin yung total appro), for disbursement column naman yung rci po pero yung gross amount… sana tama po ako dahil yan yung inputs ko sa FAR 1 and 1a.” – comment of Ruby Pascua
“Obligations-Disbursements = unpaid Obligations. So meaning, not all the time equal ang obligations sa disbursements. Ang disbursements dpat equal din sxa sa far-4 (for the qtr ended) at doon din mare-reflect ang refund of cash advance. Eto pagkakaintindi ko. Hehe. Hope it’ll help.” – comment of Mheire Meow
“Yung ilagay sa obligation is yung adjusted obligation. (I’effect and norsa). As regards sa cash advances, considered as disbursed na din yung ibabalik na pera. Kasi yung ibabalik na cash advance ay di naman na babalik sa NCA yung, sa treasury na pupunta as part ng other collections ni cashier. Sa disburse included din ang TRA(tax remittance advice). Bali ang balancing natin is pag paid lahat ng OBRs, equal ang obligations sa disbursement. If may disallowance sa account natin and ang payment is thru salary deduction, nagkakaroon minsan ng di balanse dahil sa treatment natin. Pag di natin niresibuhan yung disallowance minsan yun yung lumalabas sa unpaid balance kasi walang physical outlay ng cash. Naiwan sa NCA natin yun. Pag niresibuhan at chineke and niremit sa national treasury. Magiging balanse ang obligations and disbursement..” – by Neil John Callangan
Related topics:
What’s the difference between Appropriations and Allotments?
What’s the difference between Obligations and Disbursements
Read more responses on this query here.
