Professional Documents
Culture Documents
OF BARANGAY FINANCIAL
TRANSACTIONS
RECEIPTS
AND
DEPOSITS
4)
APPROPRIATIONS
AND
COMMITMENTS
2.
3.
4.
5.
6.
7.
e.
Registry of Appropriations and Commitments Gender and
Development Fund (Appendix 7)
Posting in the appropriations columns of the Registry of Appropriations
and Commitments (RAC) shall be based on the GAO of the barangay;
Posting of commitments in the RAC shall be based on the amount of
commitments/charges as certified in the Disbursement Voucher (DV),
Payroll, Contract/Purchase Request (PR);
Commitments/Charges for Personal Services (PS), Maintenance and
Other Operating Expenses (MOOE), Financial Expenses (FE) and Capital
Outlay (CO) shall be recorded in their respective RAC for the General
Fund (GF);
Commitments/Charges against the Calamity Fund (CF), 20%
Development Fund (DF), Sangguniang Kabataan Fund (SKF) and Gender
and Development Fund (GDF) shall be recorded in their respective RAC
with a detailed breakdown of expenditures;
The balance of appropriations for PS, MOOE, FE and CF shall be
reverted/closed at the end of the year and shall not be made available for
commitments/charges after the calendar year unless otherwise authorized
to be retained as continuing appropriations; and
Balance of appropriations for CO, 20% Development Fund and SK Fund,
however, shall be valid until fully spent or until the project is completed.
The balance, if any, shall be forwarded to the RAC of the following year.
DISBURSEMENTS
Disbursements:
Policies and Procedure. To adequately monitor the accountability of the
BT/Accountable office (AO) on the disbursements of barangay funds, appropriate
documents have to be submitted to the BRK to serve as bases in recording
disbursements in the registers and in the preparation of the necessary reports.
The basic policies in recording disbursements are as follows:
1.Disbursements by checks
a.All checks issued including cancelled ones shall be recorded by BT in correct
numerical sequence in the Summary of Checks Issued (Appendix 8);
b.Recording shall be based on the original paid DVs/Payrolls supported with
carbon copy of the checks issued and other supporting documents;
c.All the checks issued shall be recorded daily by the BT in the Summary of
Checks Issued (SCKI);
d.The SCKI shall be sub-totaled and recorded in the CHBReg daily; and
e.The SCKI shall be submitted to the BRK for recording in the Check
Disbursements Register 9CKDReg) weekly.