The Chief Accountant and the personnel of the Accounting Unit of any agency of government are prohibited from being regular members of the agency’s Bids and Awards Committee (BAC).
Herunder are the existing legal bases for the adoption of Expanded Modified Direct Payment Scheme (ExMDPS) and the preparation and use of List of Due and Demandable Accounts Payable – Advice to Debit Account (LDDAP-ADA) for the settlement/payment of government …
Legal Basis: ExMDPS and use of LDDAP-ADA in the payment of government obligations Read more »
Treasury Circular No. 5-2018 dated 31 August 2018 is the legal basis requiring national government agencies and other agencies to prepare and submit a Cash Planning Report (CPR) to the Bureau of the Treasury (BTr). The CPR provides detailed daily …
Legal Basis: Submission of Cash Planning Report (CPR) to the BTr Read more »
Treasury Circular No. 03-2017 dated 20 October 2017 is the legal basis for the reduction in the expiry period of Modified Disbursement System (MDS) check from six (6) months to three (3) months from date of issue. This Treasury Circular …
Legal Basis: Three (3) Months Validity of MDS-Checks Read more »