CMCS - Receipts and Collections - Weak/Strong

Ms. Medroso, a Revenue Collecting Officer, is assigned every afternoon at the Accounting Unit to record the day’s transactions in the Subsidiary Ledger for Cash Collecting Officer.

• Weak

• Strong

Mr. Barozo, a newly hired Collecting Officer was given orientation by the Municipal Treasurer on his duties and functions before allowing him to collect and issue official receipts. Also, he was nominated as a participant to the Seminar on Cash Management and Control System conducted by COA.

• Weak

• Strong

Ms. Medroso regularly prepares the Report of Collections and Deposits every time she has collections and records the same in her Cashbook-Cash in Treasury. Report of Accountability for Accountable Forms is also prepared monthly for submission to COA.

• Weak

• Strong

Due to lack of personnel in the Accounting Unit to update the bank reconciliation, Ms. Medroso was always assigned to prepare the bank reconciliation statements for the depository accounts of the General Fund.

• Weak

• Strong

Payments for the rental of market stalls were acknowledged with a customized pre-numbered official receipts printed by a private printer for the exclusive use of the Municipality of Mayon.

• Weak

• Strong

The Report of Accountability for Accountable Forms for all the Revenue Collecting Officers of the Municipality of Daraga are being prepared by Ms. Sy, a Clerk assigned at the Accounting Office.

• Weak

• Strong

Part of Mr. Pasaway’s remittance of his collections during the day was a private check of the Municipal Mayor. According to him, encashment thereof was made upon the instruction of the Municipal Treasurer.

• Weak

• Strong

The Municipal Treasurer usually deposits only a portion of the collections turned over to him by his Revenue Collecting Officers. Also, recording of his transactions in the Cashbooks was done weekly.

• Weak

• Strong

All Collecting Officers of the Municipality of Mayon, as well as the designated Liquidating Officers, were provided with cash receptacles.

• Weak

• Strong

Cash examination was conducted by the Internal Audit Services of the Municipality of Mayon.

• Weak

• Strong