Accounting 101

Guidelines on the grant of Collective Negotiation Agreement (CNA) Incentive for FY 2021

December 4, 2021 •

Legal Basis on the grant of CNA Incentives Government employees are authorized to receive CNA incentives under Administrative Order No. 135, s. 2005, Congress Joint Resolution No. 4, s. 2009, specifically Item (4)(h)(ii)(aa), and Section 73 of the General Provisions of the General Appropriations Act (GAA) of FY 2021. The Department of Budget and Management […]

Guidelines on the grant of Collective Negotiation Agreement (CNA) Incentive for FY 2021 Read More »

DBM modifies the Period for the Encashment of MDS Checks and Payment through Advice to Debit Account (ADA) under the MDS for the Rest of FY 2021

March 19, 2022 •

The Department of Budget and Management (DBM) issued Circular Letter No. 2021-12 dated November 24, 2021 to provide guidelines on the encashment of Modified Disbursement System (MDS) Checks and payment using Advice to Debit Account (ADA) for the rest of fiscal year 2021. According to the DBM, the procedures prescribed under pertinent previously issued DBM

DBM modifies the Period for the Encashment of MDS Checks and Payment through Advice to Debit Account (ADA) under the MDS for the Rest of FY 2021 Read More »

Forum — Rules and Regulations on Mobilization Cost/Fee

November 13, 2021 •

Topic 4: What is the effect of mobilization fee in computing withholding tax? [custom-facebook-feed type=status featuredpost=1148645448612090_1543392052470759 carousel=false] Topic 3: Is the mobilization fee considered cash advance to the contractor? [custom-facebook-feed type=status featuredpost=1148645448612090_1840250829451545 carousel=false] Topic 2: Is the 15% mobilization fee taxable? [custom-facebook-feed type=status featuredpost=1148645448612090_1586946374781993 carousel=false] Topic 1: How to compute the 15% mobilizationcost/fee? [custom-facebook-feed type=status

Forum — Rules and Regulations on Mobilization Cost/Fee Read More »

Rules and Regulations on the Grant of Year End Bonus and Cash Gift (Forum Compilations)

December 7, 2021 •

Topic 23: An employee had tendered his resignation within the payout period for the payment of year end bonus. Can the employee still claim his year end bonus? [custom-facebook-feed type=status featuredpost=1148645448612090_2318392421637381 carousel=false] Topic 22: An employee had multiple employment status during the year (i.e, temporary and contract of service), how will this affect his year

Rules and Regulations on the Grant of Year End Bonus and Cash Gift (Forum Compilations) Read More »

COA-prescribed font style and font size for Financial Statements: Is there any?

October 29, 2021 • • 1 Comment

Sender: Is there a prescribed font style and font size in preparing FS and notes to FS? Is COA very particular in this matter? Join the forum in our Facebook Page: [custom-facebook-feed type=status featuredpost=1148645448612090_2306141772862446 carousel=false exclude=text] Click the (…) to view or expand the comments box.

COA-prescribed font style and font size for Financial Statements: Is there any? Read More »

[Topic] 22-days or Calendar Days: Ano dapat ang gamitin sa pagcompute ng daily rate ng Job Order workers?

August 10, 2021 • • 16 Comments

[ad_1] Sender: Hi. Good evening! Ask ko lg po sana regarding dun sa salary ng JO. May nababasa po kasi ako na 22 days po ang gagamitin kapag magcompute ng daily rate. Ano po ba ang basis dun? Sa contract po kasi is monthly nakalagay tapos nung kapag nagcompute na po ng salary 22 days

[Topic] 22-days or Calendar Days: Ano dapat ang gamitin sa pagcompute ng daily rate ng Job Order workers? Read More »

Scroll to Top
Verified by MonsterInsights