QUERY: Is the issuance of post-dated checks for government transactions allowed?
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Category: Accounting 101
G/Accounting: How to Prepare FAR 1 and FAR 1-A? What amount of obligations and disbursements should be included?
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Gender and Development (GAD): “At least 5% GAD Budget” explained
While it is true that the GAA set a 5% threshhold for GAD activities, the same does not pertain to a separate budget that should be set aside by the agency; instead, at least 5% of the total cost of the agency’s regular activities must pertain to GAD.
Seven (7) Tips to Improve the Presentation of your Reports
Commit these mistakes often and you lose reliability.
What’s the difference between Obligations and Disbursements?
Simply explained, you incur obligations when the pizza is served or delivered to you while disbursements happen when you pay for the pizza.
#KnowledgeSharing: Is a government employee entitled to a per diem for breakfast in a round-trip official travel?
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What’s the difference between Appropriation and Allotment?
If appropriation is a whole pizza, allotment represents a slice of the pizza.
#KnowledgeSharing: What’s the appropriate journal entry to record salaries/payroll paid thru ATM?
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