DBM modifies the Period for the Encashment of MDS Checks and Payment through Advice to Debit Account (ADA) under the MDS for the Rest of FY 2021
The Department of Budget and Management (DBM) issued Circular Letter No. 2021-12 dated November 24, 2021 to provide guidelines on the encashment of Modified Disbursement System (MDS) Checks and payment using Advice to Debit Account (ADA) for the rest of fiscal year 2021. According to the DBM, the procedures prescribed under pertinent previously issued DBM […]
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