DM-No.-006-s.-2020: CY 2020 Requirements For Liquidation Of School MOOE

Starting January 2020, the Accounting Unit will require a photocopy of all issued checks in order to facilitate timely preparation of bank reconciliation statement. Also, a sample computation of withholding tax for utilities and other expenses and a checklist of common documentary requirements are attached as a guide for liquidation of school funds.

Please be reminded that liquidation reports with incomplete attachments will no longer be processed and a hundred pErcent (100%) monthly liquidation is expected.

For information and strict compliance.