Upload
others
View
4
Download
0
Embed Size (px)
Citation preview
SILAY CITY WATER DISTRICT
Adoption of New Government
Accounting System (NGAS) with
Philippine Financial Reporting
Standards (PFRS)
JOSE LUIS G. LEDESMA JR
General Manager
Effective March 30, 2012, The Silay City Water District has been categorized as
“Category C Water District”.
On April 2017, the Silay City Water District sent representatives namely Rosemarie
Dumaboc from the Commercial Division, Ma. Rita Golez of the Cashiering Section, Cheneth Siana
of the Property Section and Ma. Cecilia Bedia and Restia Jeane Enarle from the Accounting
Section to attend the 5-day seminar conducted by the Commission on Audit (COA) on Philippine
Financial Reporting Standards (PFRS) held at the Masskara Hall of the New Government Center,
Bacolod City. The main odjective of the seminar is to provide a comprehensive understanding on
the participants and to be guided on the adoption of the Philippine Financial Reporting Standards
and the Revised Chart of Accounts (RCA) for Government Corporations classified as Government
Business Enterprises (GBE’s).
In Compliance with COA Circular No. 2015-003 which prescribed to adopt Philippine
Financial Reporting Standards (PFRS) by all government agencies classified as Government
Business Entities (GBEs) the Silay City Water District being classified as GBE, implemented the use
of Revised Chart of Accounts for Government Corporations on July 1, 2017 on all of its accounting
transactions.
Also SICIWA converted its Financial Reports for year endede 2015, 2016 and 2017 in
compliance with COA Circular No. 2015-010.
CONVERSION OF SICIWA CHART OF ACCOUNTS
FROM NGAS
TO REVISED CHARTS OF
ACCOUNTS
ASSETS 102 Cash-Collecting Officers 1-01-01-010 Cash Collecting Officer
104 Petty Cash Fund 1-01-01-020 Petty Cash
1-01-02-020 Cash in Bank- Local Currency, Current Account
111-1 Cash in Bank-LCCA LBP Benefits 1-01-02-020A Cash in Bank- LBP Benefits
111-2 Cash in Bank-LCCA LBP Operations
1-01-02-020B Cash in Bank- LBP Operations
111-3 Cash in Bank-LCCA LBP Projects 1-01-02-020C Cash in Bank- LBP Projects
112-1 Cash in Bank-LCCA LBP RCBC 1-01-02-020D Cash in Bank- RCBC
1-01-02-020E Cash in Bank- DBP LWUA
1-01-02-020F Cash in Bank-DBP Computerization
1-01-02-020G Cash in Bank-LBP LWUA
1-01-02-030 Cash in Bank- Local Currency, Savings Account
112-2 Cash in Bank-LC SA DBP
112-3 Cash in Bank-LC SA DBP BIR 1-01-02-030B Cash in Bank- DBP BIR
112-4 Cash in Bank-LC SA DBP PAGIBIG 1-01-02-030C Cash in Bank- DBP PAG-IBIG
1-01-05-020 Time Deposits- Local Currency
113-1 Cash in Bank-LC TD 1-01-05-020A Cash in Bank- LBP
113-2 Cash in Bank-LC TD 1-01-05-020B Cash in Bank- DBP
121 Accounts Receivable 1-03-01-010 Accounts Receivable
121-1 Accounts Receivable (FT) 1-03-01-010 Accounts Receivable
301 Allowance for Doubtful Accounts
1-03-01-011 Allowance for Impairment-Accounts Receivable
123 Due from Officers&Employees 1-99-01-040
Advances to Officers and Employees (Travel)
103 Cash Disbursing Officers
1-99-01-020
Advances for Payroll (ACA/PERA/Rice Allow./Payroll-Regular&Casual/13th/PEI/PBB)
1-99-01-030 Advances to Special Disbursing Officer
(Transpo.,Spiritual Forum,CSR,Bod Mtg)
136 Due from NGA
1-03-03-050 Due from Government Corporations
1-03-05-990 Other Receivables
149 Other Receivables-SMART/PLDT/HMO
1-03-05-990A Other Receivables-SMART/PLDT/HMO
149-1 Other Receivables-COM 1-03-05-990B Other Receivables-COM
149-2 Other Receivables-GSIS 1-03-05-990C Other Receivables-GSIS
149-3 Other Receivables-SSS 1-03-05-990D Other Receivables-SSS
1-03-05-991 Allowance for Impairment-Other Receivables
155 Office Supplies Inventory 1-04-04-010 Office Supplies Inventory
1-04-04-011 Allowance for Impairment-Office Supplies Inventory
156 Accountable Forms Inventory
1-04-04-020 Accountable Forms, Plates and Stickers Inventory
1-04-04-021
Allowance for Impairment-Accountble Forms, Plates and Stickers Inventory
1-04-04-030 Non-Accountable Forms Inventory
1-04-04-031 Allowance for Impairment-Non Accountable Forms
165 Other Supplies Inventory
1-04-04-120 Chemical and Filtering Supplies Inventory
1-04-04-121
Allowance for Impairment-Chemical and Filtering Supplies Inventory
165-1 Other Supplies Inventory
1-04-04-990 Other Supplies Materials Inventory
1-04-04-991 Allowance for Impairment-Other Supplies Materials Inventory
168 Construction Materials Inventory 1-04-04-130 Construction Materials Inventory
1-04-04-131 Allowance for Impairment-Construction Materials Inventory
182 Deferred Charges 1-99-99-080 Deferred Charges/Loss
186 Guaranty Deposit 1-99-03-990 Other Deposits
189 Other Current Assets 1-99-99-990 Other Assets
1-99-99-991 Accumulated Impairment Losses-Other Assets
201 Land 1-06-01-010 Land
1-06-01-011 Accumulated Impairment Losses-Land
202 Land Improvement
1-06-02-010 Land Improvements, Aquaculture Structures
302
Accumulated Depreciation-Land Improvements
1-06-02-011
Accumulated Depreciation-Land Improvements, Aquaculture Structures
205
Electrification, Power & Energy Structures 1-06-03-110A
Plant-Utility Plant in Service (UPIS)
254 Artesian Wells, Reservoirs, PS
1-06-03-110A Plant-Utility Plant in Service (UPIS)
257 Waterways, Aqueducts, Seawalls, etc
1-06-03-110B
Plant-Utility Plant in Service (UPIS)-Water Ways, Aqueducts, Seawalls,etc.
305
Accumulated Depreciation-Electrification, Power & Energy 1-06-03-111
Accumulated Depreciation-Plant-Utility Plant in Service (UPIS)
354
Accumulated Depreciation-Artesians Wells Reservoirs, PS and Conduits
1-06-03-111 Accumulated Depreciation-Plant-Utility Plant in Service (UPIS)
211 Office Building 1-06-04-010 Buildings
311
Accumulated Depreciation-Office Buildings 1-06-04-011
Accumulated Depreciation-Buildings
1-06-04-990 Other Structure
215 Other Structures
1-06-04-070 Water Plant, Structure and Improvements
315
Accumulated Depreciation-Other Structures
1-06-04-071
Accumulated Depreciation-Water Plant, Structure and Improvement
221 Office Equipment 1-06-05-020 Office Equipment
321
Accumulated Depreciation-Office Equipment 1-06-05-021
Accumulated Depreciation-Office Equipment
222 Office Furniture and Fixtures 1-06-07-010 Furniture and Fixtures
322
Accumulated Depreciation-Furniture & Fixture 1-06-07-011
Accumulated Depreciation-Furniture and Fixtures
223 IT Equipment
1-06-05-030 Information and Communication Technology Equipment
323
Accumulated Depreciation-IT Equipment and Software
1-06-05-031
Accumulated Depreciation-Information and Communication Technology Equipment
229 Communication Equipment
1-04-05-070 Semi-Expendable Communication Equipment
224 Library Books 1-06-07-020 Books
324 Accumulated Depreciation-Library Books 1-06-07-021 Accumulated Depreciation-Books
226 Machineries 1-06-05-010 Machineries
240 Other Machineries and Equipment
1-06-05-990 Other Machinery and Equipment
326 Accumulated Depreciation-Machineries
1-06-05-991 Accumulated Depreciation-Other Machinery and Equipmet
340
Accumulated Depreciation-Other Machineries and Equipment
1-06-05-991 Accumulated Depreciation-Other Machinery and Equipmet
231 FirefightingEquipment & Accessories
1-06-05-090 Disaster Response and Rescue Equipment
331
Accumulated Depreciation-Fire Fighting Equipment and Accessories
1-06-05-091
Accumulated Depreciation-Disaster Response and Rescue Equipment
236 Technical Equipment
1-06-05-140 Technical and Scientific Equipment
1-06-05-141
Accumulated Depreciation-Technical and Scientific Equipment
241 Motor Vehicle 1-06-06-010 Motor Vehicles
341
Accumulated Depreciation-Motor Vehicle 1-06-06-011
Accumulated Depreciation-Motor Vehicles
248 Other Transportation Equipment 1-06-06-990 Other Transportation Equipment
Accumulated Depr
1-06-06-991 Accumulated Depreciation-Other Transportation Equipment
250 Other Property,
1-06-98-990 Other Property, Plant and Equipment
350 Accumulated Depr 1-06-98-991 Accumulated Depreciation-OPPE
264 Construction Progress
1-06-99-020 Construction in Progress-Insfrastructure Assets
269 Construction Progress(Electrification)
1-06-03-110A Plant-Utility Plant in Service (UPIS)
LIABILITIES
401 Accounts Payable 2-01-01-010 Accounts Payable
403 Due to Officers and Employees-SSS
2-01-01-020 Due to Officers and Employees
403-1 Due to Officers and Employees-Advances
2-01-01-020 Due to Officers and Employees
412 Due to BIR 2-02-01-010A Due to BIR COM,EWT, %tax
412-1 Due to BIR (Franchise Tax) 2-02-01-010B Due to BIR-FT
413 Due to GSIS 2-02-01-020 Due to GSIS
414 Due to Pag-ibig 2-02-01-030 Due to Pag-ibig
415 Due to PhilHealth 2-02-01-040 Due to PhilHealth
426 Guaranty Deposit Payable
2-04-01-040 Guaranty/Security Deposits Payable
427
Performance/Bidders/Bails Bonds Payable 2-04-01-030 Bail Bonds Payable
444 Loans Payable-DBP
2-01-02-040A Loans Payable-Domestic-DBP Loan
444-6 Loans Payable-Government
2-01-02-040B Loans Payable-Domestic-Silay Gov'n Loan
2-01-02-040C Loans Payable-Domestic-Computerization
2-01-02-040D Loans Payable-Domestic-Ground Reservoir
439-3 Other Payable-DBP Loan-Employees
2-99-99-990A Other Payables-DBP Loan Employees
2-99-99-990B Other Payables-Bidding Docs
439-1 Other Payables-Permit
2-05-02-990A Other Unearned Revenue/Income
439-2 Other Payables-Notarial
2-05-02-990A Other Unearned Revenue/Income
455 Other Deferred Credits
2-05-02-990B Other Unearned Revenue/Income (ODC)
EQUITY 3-03-01-010 Income and Expense Summary
502 Capital Stock 3-07-01-010 Retained Earnings/ (Deficit)
513 Retained Earnings 3-07-01-010 Retained Earnings/ (Deficit)
REVENUE 617 Inspection Fees 4-02-01-100 Inspection Fees
628 Other Service Income 4-02-01-990A Other Service Income
628-1 Other Service Income-Notarial 4-02-01-990B Other Service Income-Notarial
639 Income From Water Works Systems
4-02-02-090 Waterworks System Fees-Water Sales
639-1 Income From Water Works Systems
4-02-01-990B Other Service Income-Meter Size
642 Rent Income 4-02-02-050 Rent/Lease Income
649 Fines and Penalties 4-02-01-140A Fines and Penalties-Water Sales
4-02-01-140B Fines and Penalties-Service Income(Illegal)
664 Interest Income 4-02-02-210 Interest Income
678 Miscellaneous Income 4-06-03-990 Miscellaneous Income
4-04-02-010 Income from Grants & Donation in Cash
EXPENSES 701 Salaries and Wages - Regular 5-01-01-010 Salaries and Wages-Regular
705 Salaries and Wages - Casual 5-01-01-020A Salaries and Wages-Casual/Contractual
969-02 OMOE-Job Order 5-02-16-010A Labor and Wages (JO)
969-03 OMOE-Overtime JO 5-02-16-010B Labor and Wages (JO Overtime)
711 Personnel Economic Relief Allowance 5-01-02-010 Personnel Economic Relief Allowance (Pera)
712 ADCOM/ACA 5-01-02-010 Personnel Economic Relief Allowance (Pera)
713 Representation Allowance 5-01-02-020 Representation Allowance (RA)
714 Transportation Allowance 5-01-02-030 Transportation Allowance (TA)
715 Clothing/Uniform Allowance 5-01-02-040 Clothing/Uniform Allowance
717 Productivity Incentive Allowance 5-01-02-080 Productivity Incentive Allowance
719 Other Bonuses and Allowances 5-01-02-990 Other Bonuses and Allowances
5-01-02-100 HONORARIA
969-09 Honoraria BOD 5-01-02-100A Honoraria
969-05 OMOE- Travel and Communication Allowance BOD 5-01-02-100B Honoraria
720 Honoraria 5-01-02-100C Honoraria (BAC)
722 Longevity Pay 5-01-02-120 Longevity Pay
723 Overtime and Night Pay 5-01-02-130 Overtime and Night Pay
724 Cash Gift 5-01-02-150 Cash Gift
725 Year End Bonus 5-01-02-140 Year End Bonus
731 Life and Retirement Insurance Contribution 5-01-03-010 Retirement and Life Insurance
732 PAG-IBIG Contributions 5-01-03-020 PAG-IBIG Contributions
733 PHILHEALTH Contributions 5-01-03-030 PhilHealth Contributions
734 ECC Contributions 5-01-03-040 Employees Compensation Insurance Premiums
742 Terminal Leave Benefits 5-01-04-030 Terminal Leave Benefits
749 Other Personnel Benefits 5-01-04-990 Other Personnel Benefits
751 Travelling Expense - Local 5-02-01-010A Travelling Expenses-Local
969-06 OMOE-Travelling Expenses BOD 5-02-01-010B Travelling Expenses-Local BOD
753 Training Expense 5-02-02-010 Training Expenses
969-07 OMOE-Training Expenses 5-02-02-010 Training Expenses BOD
755 Office Supplies Expenses 5-02-03-010 Office Supplies Expense
756 Accountable Forms 5-02-03-020 Accountable Forms Expense
5-02-03-030 Non-Accountable Forms Expense
5-02-03-090 Fuel, Oil and Lubricants Expenses
761 Gasoline, Oil aand Lubricants Expenses - Pumping 5-02-03-090A
Fuel, Oil and Lubricants Expenses-Pumping Station
761-1 Gasoline, Oil aand Lubricants Expenses - Vehicles 5-02-03-090B
Fuel, Oil and Lubricants Expenses-Motor Vehicle
761-2 Gasoline, Oil aand Lubricants Expenses - Others 5-02-03-090C
Fuel, Oil and Lubricants Expenses-M&E
765 Other Supplies Expenses 5-02-03-130 Chemical and Filtering Supplies Expenses
765-1 Other Supplies Expenses - Padlock 5-02-03-990A Other Supplies And Materials Expenses-Padlock
765-2 Other Supplies Expenses - Others 5-02-03-990B Other Supplies And Materials Expenses-Others
5-02-03-210 Semi Expendable-Machinery&Equipment
5-02-03-220 Semi Expendable-Furniture&Fixtures&Books
5-02-04-020 Electricity Expenses
767 Electricity Expenses - Pumping 5-02-04-020A Electricity Expenses -PS
767-1 Electricity Expenses - Office 5-02-04-020B Electricity Expenses -Office Building
Water Expenses
766 Water Expenses 5-02-04-010 Water Expenses
771 Postage and Deliveries 5-02-05-010 Postage and Courier Services
772 Telephone Expenses - Landline 5-02-05-020 Telephone Expenses
773 Telephone Expenses - Mobile 5-02-05-020 Telephone Expenses
774 Internet Expense 5-02-05-030 Internet Subcription Expenses
778 Membership Dues and Contributions to Organizations 5-02-99-060
Membership Dues and Contributions to Organizations
779 Awards and Indemnities 5-02-06-010 Awards/Rewards Expenses
780 Advertising Expense 5-02-99-010 Advertising, Promotional and Marketing Expenses
783 Representation Expense 5-02-99-030 Representation Expense
784 Transportation and Delivery Expenses 5-02-99-040 Transportation and Delivery Expenses
791 Legal Services 5-02-11-010 Legal Services
797 Security Services 5-02-12-030 Security Services
5-02-11-020 Auditing Services
811 Repairs and Maintenance - Office Building 5-02-13-040
Repairs & Maintenance-Buildings & Other Structures
815 Repairs and Maintenance - Other Structures 5-02-13-040
Repairs & Maintenance-Buildings & Other Structures
821 Repairs and Maintenance - Office Equipment 5-02-13-050A
Repairs & Maintenance-Machinery & Equipment-Office Equipment
823 Repairs and Maintenance - IT Equipment and Software 5-02-13-050B
Repairs & Maintenance-Machinery & Equipment-Communication
829 Repairs and Maintenance - Communication 5-02-13-050C
Repairs & Maintenance-Machinery & Equipment-Communication
825 Repairs and Maintenance - Machineries 5-02-13-050D
Repairs & Maintenance-Machinery & Equipment-Machineries
831 Repairs and Maintenance - Fire Fighting 5-02-13-050E
Repairs & Maintenance-Machinery & Equipment-Fire Fighting
840 Repairs and Maintenance - Other Machineries 5-02-13-050
Repairs & Maintenance-Machinery & Equipment-Other Machineries
822 Repairs and Maintenance - Furnitures and Fixtures 5-02-13-070
Repairs & Maintenance-Furniture and Fixtures
841 Repairs and Maintenance - Motor Vehicle 5-02-13-060
Repairs & Maintenance-Transportation Equipment
850 Repairs and Maintenance - Other Property, Plant and Equipment 5-02-13-990 Repairs & Maintenance-OPPE
854 Repairs and Maintenance - Art.Wells, Res., P. S. and Conduits 5-02-13-030A
Repairs & Maintenance-Infrastructure Assets
857 Repairs and Maintenance - Waterways, Transmission and Distribution Pipelines 5-02-13-030B
Repairs & Maintenance-Infrastructure Assets
861 Restoration and Watershed Rehabilitation 5-02-13-020
Repairs & Maintenance-Land Improvements
878 Donation 5-02-99-080 Donations
891 Taxes, Duties and Licenses 5-02-15-010 Taxes, Duties and Licenses
892 Fidelity Bond Premiums 5-02-15-020 Fidelity Bond Premiums
893 Insurance Expenses 5-02-15-030 Insurance Expenses
901 Bad debt Expense 5-05-03-020 Impairment Loss-Loans and Receivables
902 Depreciation Expense - Land Improvements 5-05-01-020
Depreciation Expense - Land Improvements
905 Depreciation Expense - Electricity, Power and Energy Structures 5-05-01-030
Depreciation Expense-Infrastructure Assets
911 Depreciation Expense - Office Building 5-05-01-040 Depreciation - Buildings and Other Structures
915-1 Depreciation Expense - Other Structures 5-05-01-040 Depreciation - Buildings and Other Structures
921 Depreciation Expense - Office Equipment 5-05-01-050 Depreciation - Machinery and Equipment
922 Depreciation Expense - Furniture and Fixtures 5-05-01-070
Depreciation - Furniture, Fixtures and Books
923 Depreciation Expense - IT Equipment 5-05-01-050 Depreciation-Machinery and Equipment
924 Depreciation Expense - Library Books 5-05-01-070 Depreciation - Furniture, Fixtures and Books
926 Depreciation Expense - Machineries 5-05-01-050 Depreciation-Machinery and Equipment
931 Depreciation Expense-Firefighting Equipment & Accessories 5-05-01-050
Depreciation-Machinery and Equipment
940 Depreciation Expense-Other Machineries 5-05-01-050 Depreciation-Machinery and Equipment
941 Depreciation Expense-Motor Vehicle 5-05-01-060 Depreciation Expense-Transportation Equipment
950 Depreciation Expense - Other Property, Plant and Equipment 5-05-01-990 Depreciation-OPPE
954-1 Depreciation Expense - Artesian Wells, Res. Pumping Stns & Cond. 5-05-01-030
Depreciation-Infrastructure Assets
956 Discount on Water Sales 5-05-05-020 Rebates
956-1 Discount on Wate Sales - Senior Citizen 5-05-05-010 Other Discounts
961 Loss of Assets 5-05-04-090 Loss of Assets
969-01 OMOE - Gender and Development 5-02-99-990A Other Maintenance and Operating Expense-GAD
969-04 OMOE - Identification Shirt 5-02-99-990B
Other Maintenance and Operating Expense-Identification T-Shirt Job Order
969-08 Institutional Development 5-02-99-990C
Other Maintenance and Operating Expense-Institutional Development
884 Miscellaneous Expense 5-02-99-990D
Other Maintenance and Operating Expense-Janitorial Supplies
5-02-99-990E Other Maintenance and Operating Expense-Water Bottles
5-02-99-990F
Other Maintenance and Operating Expense-Notarial Fee/Contracts
5-02-99-990G
Other Maintenance and Operating Expense-News Paper Subscription
5-02-99-990H Other Maintenance and Operating Expense-Others
969-09 Honoraria BOD 5-01-02-100A Honoraria BOD
971 Bank Charges 5-03-01-040 Bank Charges
979 Other Financial Charges 5-03-01-040 Bank Charges
974 Documentary Stamps Expense 5-02-99-140 Documentary Stamps Expenses
975 Interest Expense 5-03-01-020 Interest Expense