Classification:                 Simple
Type of Transaction:      G2G – Government to Government
Who may avail:               Fifty-nine (59) Barangay Councils of the City of San Fernando

         Republic Act No. 7160 otherwise known as the Local Government Code of 1991 provides that the Accounting Department shall takecharge of both the accounting and internal audit services of the LGU concerned. As provided under Section 334C of the same act, the financial records of the barangays shall be kept in the Office of the City Accountant in a simplified manner as prescribed by the Commission on Audit. The city is composed of 59 barangays which is a basic political unit is mandated under the Section 384 of theLocal Code “as the primary planning and implementing unit of government policies, plans, programs project and activities in the community.” Article IX-D, Section 2 par. (2) Of the 1987 Philippine Constitution provides that, the Commission on Audit shall havethe exclusive authority to promulgate accounting and auditing rules and regulations to prevent irregular, unnecessary, excessive, extravagant and unconscionable expenditures or uses of government funds or property. Barangays in the process of receipts and disbursements of public funds must conform to the basic accounting and auditing rules and regulations.

          Within ten (10) days after the end of the month, the Barangay Treasurer shall prepare the transmittal letter and submit the financial transaction documents to the City Accountant for recording in the barangay books of accounts and submit to the State Auditor/AuditTeam Leader (SA/ATL) who has direct audit and jurisdiction within ten (10) working days from receipt of the transmittal letter.

NO FEES AND CHARGES REQUIRED