Obligation-based Vs. Cash-based Budgeting: What’s the difference?

Question: Problem: Contract of services with overlapping time periods Janitorial ServiceContract period: November 2020 to October 2021 How to obligate using the following budget scheme?1) Obligation-based2) Cash-based Answers | Comments Latest Forums Trending Now5 Bills that Proposes to Double the Amount of PERA of Government Employees (₱2,000 to ₱4,000)Benefits Guide: Productivity Enhancement Incentive (PEI) of […]

Question:

Problem: Contract of services with overlapping time periods

Janitorial Service
Contract period: November 2020 to October 2021

How to obligate using the following budget scheme?
1) Obligation-based
2) Cash-based

Answers | Comments

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