Friday, April 26, 2024

5. Preparation of Financial Statements for Barangay Transactions

Creation of financial statement for barangay transactions

Service Details

OFFICE OR DIVISION:

MUNICIPAL ACCOUNTING OFFICE

CLASSIFICATION:

SIMPLE

TYPE OF TRANSACTION:

G2G - Government to Government

WHO MAY AVAIL:

ALL

CHECKLIST OF REQUIREMENTS:

WHERE TO SECURE

Monthly Report 1. Record on Appropriation and Obligations (RAO)

Barangay Staff

2. Report of Accountability for Accountable forms (RAAF)

Barangay Staff

3. Statement of Appropriation, Obligations and Balance (SAOB)

Barangay Staff

4. Cash book

Barangay Staff

5. Record on Estimate and Actual Income (REAI)

Barangay Staff

6. Registry of Special Trust Fund (RSTF)

Barangay Staff

7. Report of the Bank Debit and Credit Memo (RBDCM)

Barangay Staff

Collection Report 1. RCD’s Accountable forms /CTC

Barangay Staff

2. Official Receipt (1 duplicate)

Barangay Staff

3. Validated Slip

Barangay Staff

4. Snapshots

Barangay Staff

Disbursement Voucher 1. Vouchers 2. Payroll 3. Liquidation Report 4. Attachment or other supporting documents 5. Punong Brgy Certification (PBC) 6. Transmittal

Barangay Staff

CLIENT STEPS

AGENCY ACTION

FEES TO BE PAID

PROCESSING TIME

PERSON RESPONSIBLE

1 . Submits the monthly report and vouchers

1.1. Receives monthly report and vouchers

None

5 minutes

"Admin Asst. III/Sr. Bookkeeper (Municipal Accounting Office)"

1.2. Preparation of financial statement

None

5 DAYS

"Admin Asst. III/Sr. Bookkeeper (Municipal Accounting Office)"

1.3. Reviews and signs the financial statements

None

1 day

"Municipal Accountant (Municipal Accounting Office)"

2 . Receives the requested financial statement

2.1. Provides the requested financial statement

None

5 minutes

"Admin Asst. III/Sr. Bookkeeper (Municipal Accounting Office)"

TOTAL

NONE

6 DAYS AND 10 MINUTES