Accounting 101

COA Circular That Prohibits Cash-on-Delivery (COD)

Question: Hi po. Just wanna ask what specific COA Circular ang nagpoprohibit ng COD transactions? Thank you. Join the Forum: [custom-facebook-feed type=status featuredpost=1148645448612090_pfbid02UpU9L9nrb7VYkmEun31aA83y7MkbebUwda3wY5GFhT6KeL4u9C5tymsmWS1CsGtbl carousel=false]

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Online Payment of Pag-IBIG remittances/contributions via e-Gov Facility

Q: Anyone here po na online payment na po gamit sa remittance ng pag ibig premiums and loans specifically landbank facility po? Paano po gamitin yon? Best Possible Answer: Kami po. We’ve been using LBP’s PAG-IBIG Data Entry System since January 2019. Enroll niyo lang po sa LBP weAccess account niyo yung HDMF under Bills

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When is NORSA used?

[NORSA] is used when there’s a need to adjust the Obligation Request and Status (ORS) such as when there is/are error/s in the amount being obligated, account code being used, MFO/PAP being used, particulars, or RC being used. By Leo Alvarez Postanes Omamalin [NORSA is used] if there’s a need to adjust the detail(s) in

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[Exclusive] Reimbursement of Grab fare and use of e-Receipt as supporting document

Question: For clarification lang po. Allowed ba magpa-reimburse or magpa-liquidate ng Grab Fare? Also, tinatanggap po ba and e-receipt from Grab as supporting document? Highly appreciated for any inputs/comments. Thanks po. As of this posting, there are 13+ comments to this question. Hereunder are some of the comments of our colleagues to this question: As

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10+ Responses | What amount of salary should be used as basis for the Mid Year Bonus of newly-promoted employees?

Question: Good morning po! I was promoted from SG 11 to SG 15, effectivity date po is January 16, 2020, pero yung mga papers ko po February na forward sa CSC ng HR namin. Anu po kaya yung midyear bonus na matatanggap ko saka sakali this month? Yung sa SG 11 po ba o yung

10+ Responses | What amount of salary should be used as basis for the Mid Year Bonus of newly-promoted employees? Read More »

35+ Reports REQUIRED by COA and DBM to be prepared and submitted by GOVERNMENT ACCOUNTANTS

Have you ever thought if the reports you are preparing on a daily, weekly, monthly, quarterly or yearly basis are the ones required by the Commission on Audit (COA) and/or the Department of Budget and Management (DBM)? Or if they are, are you preparing the complete set of reports? Or did your agency properly assign

35+ Reports REQUIRED by COA and DBM to be prepared and submitted by GOVERNMENT ACCOUNTANTS Read More »

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