reimbursement

17 Apr 2023

Withholding of Tax on Reimbursements: Is it required?

Question/Topic: Sender: Hello, we’re currently under audit ni BIR kahit government agency kami, question lang, need ba talaga naming magwithhold sa mga reimbursements? Example yung Representation Expenses na inaabonohan ng head of the agency for the whole month tapos irereimburse ng minsanan. And may limit po ba sa pwedeng ipareimburse? View Forum on our Facebook Page: Click this link to view the forum on our Official Facebook Page You may also view some more comments below. You may click the message/comment button at the lower right corner of your device. Post Views: 2,246

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1 Aug 2022

Rules on Liquidation of Cash Advances and Reimbursements

Sender: Hi good day, i need your expert opinions mga Ma’ms and Sirs, on Documentary Requirements for Liquidation of Cash Advances & Reimbursements, confused po kasi kami. 1) dapat po ba dumadaan sa BAC yung mga documentary requirements para sa liquidation & reimbursements? 2) dapat ba nasa APP mga expenditures ng end-users na under liquidation & reimbursements? salamat po ng madami [ad_1] Click here to visit our Facebook Page and view all the comments to this question. [ad_2] Post Views: 1,000

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20 Jul 2021

COA clarifies when to require or use Reimbursement Expense Receipt (RER), Official Receipt (OR), Acknowledgement Receipt (A/R), and Certification of Expenses Not Requiring Receipt (CENRR)

The Commission on Audit (COA) clarifies in one of its latest guidelines, particularly COA Circular No. 2021-001, the instances when to use or require Reimbursement Expense Receipt (RER), Official Receipt (OR) / Sales Invoice, or Certification of Expenses not requiring Receipts, as supporting document to a financial transaction. Previous COA Circulars already explains the use of each financial documents, however, some public financial management practitioners are still confused as to the use of each document and when to require each one to support financial expenses. Thus, the COA issued a supplementary guidelines to clarify the use of each financial document....

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