Hi GABOTAF. Scenario: MDS check was Issued on January) but was cancelled later on February. 1.) Do I need to make another DV for the replacement of MDS check? Or just make an adjustment in General Journal for the replacement of Check? 2.) Will the amount be credited back to our MDS account? Savings Account? […]
Cancelled MDS Check Read More »
Q: Gud pm GABOTAF. Ask ko if merun dito n ngclaim ng 450.00 (as per EO 77) within 50 kms radius from OS and dinisallow ng COA kasi they interpreted this statement “Meals in an amount not exceeding 30% of The authorized meal component of the DTE” na 30% of 30%? So dapat 135.00 lng
How much can you claim for meals for official travel within 50km radius? Read More »
MOOE is one of the four (4) expenditure classifications in Philippine budgeting system. It refers to an expenditure category/expense class for support to the operations of government agencies such as expenses for supplies and materials; transportation and travel; utilities (water, power, etc.), representation, professional services, repairs and maintenance, etc. Source: Glossary of Terms, Department of
What is Maintenance and Other Operating Expenses (MOOE) Read More »
Q: Good day po. May situation po kami sa LGU ngaun involving delegated functions/ authority to sign for the Private Secretary kac nagretire na ang Admin namin. Halos lahat po kac ng D.V.’s and P.O.’s below 50k ang amount pirmado na ng PS namin kahit andito naman sa LGU ang mayor namin kaya nagdadalawang isip
Pwede bang yung Private Secretary ni Mayor ang pumirma ng P.O’s at DVs? Read More »
How much is the appeal fee for a Notice of Disallowance from COA?
May filing fee ba sa pag-appeal sa Notice of Disallowance? Read More »
Q: Good Day! I would like to ask regarding Petty Cash Custodian kung may certain law provision po ba na dapat ay permanent/regular employee? Thank you po sa pagsagot. Click the comment button to read the responses to this question.
Kailangan ba permanent/regular employee ang Petty Cash Custodian? Read More »
The Commission on Audit (COA) officially released in its website the much awaited Handbook on the Financial Transactions of Sangguniang Kabataan (SK) in the various local government units in the Philippines, pursuant to COA Circular No. 2020-003 dated January 28, 2020. The Handbook provides the guidelines on the proper recording, reporting, and disbursement of SK
Q: Hi GABOTAF, what should we do? COA has issued its COE in connection with their ND way back 2012 and they want us to withhold the salaries of the persons liable, however, some already has retired while others transferred to other agencies. What is our remedy for the COE? Answers | Comments
Financial Expense (FinEx) is one (1) of the four (4) expenses classification in Philippine budgeting system. It refers to management supervision/trusteeship fees, interest expenses, guarantee fees, bank charges, commitment fees and other financial charges incurred in owning or borrowing an asset property. Source: Glossary of Terms, Department of Budget and Management
What is Financial Expense (FinEx) Read More »
Q: Good morning GABBIES, ask ko po please kung kelan talaga ang deadline ng submission ng monthly financial statements sa COA? Click the comment button to read the responses to this question.
Deadline for the submission of monthly financial statements (i.e., Trial Balance) to COA Read More »
