PCOA Booklet

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Philippine Government Chart of AccountsNEW GOVERNMENT ACCOUNTING SYSTEM

(COA Circular 2003-001 dated June 17, 2003 and 2004-002 dated April29, 2004)

CIRCULAR No. :

2003-001

Date : June 17, 2003

TO : Heads of Departments, Agencies, Bureaus and Offices of the National Government and Local Government Units;Heads of Financial Management Services, Local Treasurers, Accountants/Heads of Account

ing Units andBudget Officers; COA Assistant Commissioners; COADirectors; Heads of Auditing Units; and All OthersConcerned.

SUBJECT : REVISED CHART OF ACCOUNTS UNDER THE NEWGOVERNMENT ACCOUNTING SYSTEM

1.0 PURPOSE

In consonance with the authority granted to the undersignedunder COA Circular Nos. 2002-002 and 2002-003 dated June 18and 20, 2002, respectively, this Circular is hereby issued torevise the Chart of Accounts as part of the continuing effort of this Commission to simplify government accounting andimplement the Computerized New Government AccountingSystem (NGAS).

2.0 THE REVISED NGAS CHART OF ACCOUNTS

The Revised NGAS Chart of Accounts, attached as Annex A of this Circular, consists of accounts grouped as follows:

Accounts AccountCode

AssetsAsset Contra-Accounts

LiabilitiesEquity

100-299300-399400-499500-549

Income

Tax Revenue -National TaxesLocal Taxes

General Income -Permits and Licenses

Service IncomeBusiness Income

550-699

550-579580-599

600-609

610-629630-649

Subsidy IncomeOther Income

Gain or Loss AccountsExpenses

Personal ServicesMaintenance and

Other Operating ExpensesFinancial Expenses

650-659660-679680-699700-999700-749750-969970-999

3.0 SAVING CLAUSE

Cases not covered in this Circular shall be referred to theGovernment Accounting and FMIS (GAFMIS), this Commission, forresolution.

4.0 REPEALING CLAUSE

The provisions of COA Circular Nos. 2002-002 and 2002-003 dated June 18 and 20, 2002, respectively, are hereby modified/revisedaccordingly.

5.0 EFFECTIVITY

This circular shall take effect January 1, 2003.

ACCOUNTING CIRCULAR LETTER No. : 2007-001 Date: January19, 2007

3.5 In compliance to COA Accounting Circular No. 2006-001 dated November 9, 2006, the following cash transactions shall beanalyzed and the accounts shall be reclassified to the appropriate

account:

Transactions AppropriateAccount

Account De

1. Cash Advancefor Payrollrecorded as:Cash –DisbursingOfficers

Payroll Fund (Code106)

Cash advances to disbursingwages and other benefits of

2. Cash Advance Advances to Officers Cash advances granted for

http://www.coa.gov.ph/coa_issuances/coa_circulars/circ2003/C2003-001_AnnexA-balancesheet.htm

http://www.coa.gov.ph/coa_issuances/coa_circulars/circ2003/C2003-001_AnnexA-balancesheet.htm



for SpecialPurpose/Time -bound Under-takingrecorded as:Cash–Disbursing

Officers or asDue fromOfficers &Employees

and Employees(Code 148)

purpose/time-bound undertaking

3. Fund Transferto Field Offices

Central/HeadOffice(CO/HO) Book:

Subsidy to RO/Branches (Code872) RegionalOffices/Branches Book:

Subsidy from CO/HO(Code 653)

Fund transfer to field offices covering budgetaryrequirements for Current Operating Expenses (PS,MOOE and FE)

BALANCE SHEET

A S S E T S

CURRENT ASSETSCASH

Cash on Hand

Account Title Account Number Normal Balance

Description

Cash in Vault101Debit

Amount of cash collected by the Treasurer of thePhilippines and the Treasurers of LocalGovernment Units (LGUs) pending deposit

Account Title Account Number Normal BalanceDescription

Cash - Collecting Officers102Debit Amount of collections with the CollectingOfficers/ Postmasters/Telegraph Operators pending deposit

Account Title Account Number

Normal Balance

Cash - Disbursing Officers103

Debit

Description Amount of cash advances granted todesignated Regular/Special DisbursingOfficers/Postmasters/ Telegraph Operators for payment of authorized official expenditures or redemption of postal money orders and telegraphic transfers subject for liquidation


Petty Cash Fund104Debit Amount of cash granted to designated Petty Cash Custodian for payment of authorized petty or miscellaneous expenses which cannot be conveniently paid thru check

Cash in National Treasury


Cash - National Treasury, ModifiedDisbursement System (MDS)108Debit

Amount of Notice of Cash Allocation received from the Department of Budget and Management and/or Notice of Transfer of Allocation received from the CentralOffice/Regional Office thru which cash iswithdrawn with the issuance of MDS checks

Cash in Bank - Local Currency


NormalBalanceDescription

Cash - Bangko Sentral Ng Pilipinas110Debit

Cash in local currency deposited with the BangkoSentral ng Pilipinas

Account Title Account Number NormalBalanceDescription

Cash in Bank - Local Currency, CurrentAccount111DebitCash in local currency deposited in current account with Authorized Government Depository Banks

Account Title

Account

Cash in Bank - Local Currency, SavingsAccount112



Number NormalBalanceDescription

DebitCash in local currency deposited in savings account with Authorized Government Depository Banks

Account Title Account

Number NormalBalanceDescription

Cash in Bank - Local Currency, Time Deposits113

DebitCash in local currency placed with Authorized Government Depository Bank for a specified period of time

Cash in Bank - Foreign Currency


Cash - Bangko Sentral ng Pilipinas114DebitCash in foreign currency deposited with the BangkoSentral ng Pilipinas


Cash in Bank - Foreign Currency, CurrentAccount115DebitCash in foreign currency deposited in current account with Authorized Government Depository Banks


Cash in Bank - Foreign Currency, SavingsAccount116DebitCash in foreign currency deposited in savingsaccount with Authorized Government Depository Banks


Cash in Bank - Foreign Currency, TimeDeposits117DebitCash in foreign currency placed with Authorized Government Depository Banks for a specified period of time

RECEIVABLES

Receivable Accounts

Account Title Accounts Receivable

Account Number NormalBalanceDescription

121Debit Amount due from customers arising fromservices rendered, trading/business transactionsor sale of merchandise or property

Account Title


Allowance for Doubtful Accounts

301Credit Amount of trade receivables estimated to beuncollectible


Notes Receivable122Debit Amount of promissory notes/time drafts/tradeacceptances/other negotiable short-terminstruments received from trade debtors


Due from Officers and Employees123Debit Amount of cash advances granted for travel and other collectibles from government agency’sofficers and employees


Loans Receivable – GOCCs124Debit Amount of loans due from Government-Owned and/or Controlled Corporations (GOCCs)

Account Title

Account Number Normal BalanceDescription

Loans Receivable – LGUs

125Debit Amount of loans due from LGUs


Loans Receivable – Others126Debit

Amount of loans due from entities other thanGOCCs and LGUs


Number

Real Property Tax Receivable127

Debit



Normal BalanceDescription

Amount of basic real property tax due from real property owners


Description

Special Education Tax Receivable128Debit Amount of additional levy on real property tax

due from real property owners for the SpecialEducation Fund


Interest Receivable129Debit Amount of interest earned and due from short/longterm investments


Description

Currency Swap Receivable130Debit Amount in local currency delivered by the Bureau

of the Treasury to the bank for conversion intoforeign currency

Inter-Agency Receivables


Due from National Treasury131Debit Amount of cash or its equivalent deposited by government agencies to the Authorized Government Depository Banks for the account of the Treasurer of the Philippines subject torefund/withdrawal


Due from NGAs136Debit Amount due from departments, bureaus and other offices of the National Government


Due from GOCCs137Debit Amount due from GOCCs including Government Financial Institutions

Account Title Due from LGUs


138Debit Amount due from LGUs(provinces/cities/municipalities /barangays)

Account Title


Due from NGOs/POs

139DebitFunds entrusted to Non-Government Organizations/ Peoples’ Organizations (NGOs/ POs) for the implementation of specificgovernment projects subject to liquidation

Intra-Agency Receivables

Account Title Account Number NormalBalance

Description

Due from Central Office/Home Office141Debit Amount of transactions recorded in the books of Regional Offices/Staff Bureaus/Operating Units

and/or Branch Offices of GOCCs


Due from Regional Offices/Staff Bureaus/Branch Offices142Debit Amount of transactions recorded in the books of the Central Office/Operating Units and/or HomeOffice of GOCCs


Due from Operating Units143Debit Amount of transactions recorded in the books of the Central Office/Regional Offices


Due from Other Funds144Debit Amount due from other funds maintained by theagency


Number

Due from Subsidiaries/Affiliates145

Debit




Amount due from subsidiaries/affiliates of GOCCs

Other Receivables

Account Title


Receivables - Disallowances/Charges

146Debit Amount due from public/private individuals/ entities for audit disallowances/ charges whichhave become final and executory


Dividend Receivable147Debit Amount of dividends due from investments instocks and other marketable securities

Account Title


Other Receivables

149Debit Amount due from other debtors not fallingunder any of the specific receivable accounts

INVENTORIES

Materials

Account Title Account Number NormalBalance

Description

Raw Materials Inventory151DebitCost of raw materials purchased/received for use in production


Work-in-Process Inventory152DebitCost of material, labor and overhead expenses put into production but still in the process of manufacture at the end of the accounting period

Account Title Account Number Normal

BalanceDescription

Finished Goods Inventory153DebitCost of completed work order/goods

manufactured/ produced/processed


Merchandise Inventory154DebitCost of merchandise purchased or produced for sale

Supplies


Office Supplies Inventory155DebitCost of office supplies purchased/received for usein government office operations

Account Title Account Number Normal

BalanceDescription

Accountable Forms Inventory156DebitCost or appropriate value of accountable forms

purchased/acquired/ received for use in thecourse of government operation and/or sale


Animal/Zoological Supplies Inventory157DebitCost of animal/zoological supplies purchased/received for use/consumption of parks/wildlife/ botanical gardens


Food Supplies Inventory158DebitCost of non-perishable foods purchased/received for stock/use ingovernment operations


Drugs and Medicines Inventory159DebitCost of drugs and medicines purchased/received for stock/use ingovernment operations


Normal

Medical, Dental and Laboratory SuppliesInventory160

Debit



BalanceDescription

Cost of medical, dental and laboratory supplies purchased/received for use in government operations/projects



Gasoline, Oil and Lubricants Inventory161Debit

Cost of gasol ine, oil and lubricants purchased/received for use in government operations


Agricultural Supplies Inventory162DebitCost of agricultural supplies purchased/received for use in government programs/projects


Textbooks and Instructional MaterialsInventory163DebitCost of textbooks and instructional materials purchased/received for use in government schools operation


Military and Police Supplies Inventory164DebitCost of supplies purchased/received for use inmilitary and police operations

Account Title


Other Supplies Inventory

165DebitCost of supplies purchased/received for usewhich cannot be classified under any of thespecific inventory accounts


Confiscated/Abandoned/Seized GoodsInventory166DebitEstimated cost of confiscated/abandoned/seized goods declared in favor of the government

Account Title Spare Parts Inventory


167DebitCost of spare parts purchased/received for therepair of government vehicles, aircrafts,machineries and other equipment

Account Title


Construction Materials Inventory

168DebitCost of construction materials purchased/ received for use in the construction, repair and rehabilitation of government facilities

Agricultural, Fishery and Forestry Products


Livestock Inventory169DebitCost of livestock purchased/received for use in

government operation


Crops and Fruits Inventory170DebitEstimated cost of fruits/crops harvested


Other Agricultural, Fishery and ForestryProducts Inventory176DebitEstimated cost of products acquired/purchased produced

PREPAYMENTS


Prepaid Rent177Debit Amount advanced/deposited for lease/rentalsof property, plant and equipment used ingovernment operations


Prepaid Insurance178Debit Amount advanced for fidelity bond premiumsof accountable officers and insurance

premiums of insurable government property




Prepaid Interest179Debit Amount advanced for interest of loanscontracted by the government


Deposit on Letters of Credit180Debit Amount deposited for opening of letters of credit


Advances to Contractors181Debit Amount advanced to contractors as authorized by law


Deferred Charges182Debit Amount of other expenses which were paid for but remainunconsumed/ unutilized at the end of the accounting period


Organization Cost183DebitCost incurred in forming or organizing GOCCs


Other Prepaid Expenses185Debit Amount advanced for other expenses whichare not classified in the specific prepaid

accounts

OTHER CURRENT ASSETS


Guaranty Deposits186Debit Amount deposited in compliance with therequirements of the transaction/ memorandum of agreement/contract which issubject to refund

Account Title

Account Number

Other Current Assets

189


Debit Amount of other assets which cannot beclassified under any of the specific current assets accounts

INVESTMENTS

INVESTMENTS IN SECURITIES


Investments in Treasury Bills191Debit Amount placed in treasury bills issued by Bureau of the Treasury


Investments in Stocks192Debit Amount of authorized investments in stocks


Investments in Bonds193Debit Amount of authorized investments in bonds


Other Investments and MarketableSecurities197Debit Amount placed on other investments and marketable securities

SINKING FUND


Sinking Fund198Debit Amount set aside for the liquidation of long-term debt

PROPERTY, PLANT AND EQUIPMENT

LAND AND LAND IMPROVEMENTS


Land201DebitCost/Appraised value of acquired land




Land Improvements202DebitCost/Appraised value of land improvementswhich are permanent or capital in nature

Account Title


Accumulated Depreciation - Land

Improvements302CreditCumulative reduction in the value of the land improvement due to use


Runways/Taxiways203DebitCost/Appraised value of runways/taxiwaysconstructed/ acquired including related improvements which are permanent or capitalin nature


Accumulated Depreciation -Runways/Taxiways303CreditCumulative reduction in the value of runways/taxiways due to use


Railways204DebitCost/Appraised value of railroad tracts,terminals and stations constructed/acquired including related improvements which are

permanent or capital in nature


Accumulated Depreciation - Railways304CreditCumulative reduction in the value of the railwaysdue to use


Electrification, Power and EnergyStructures205DebitCost/Appraised value of electrification, power and energy structures constructed/ acquired

including related improvements which are

capital in nature


Accumulated Depreciation -Electrification, Power and EnergyStructures305Credit

Cumulative reduction in the value of electrification, power and energy structuresdue to use

BUILDING


Office Buildings211DebitCost/Appraised value of office buildingsconstructed/acquired including related improvements which are permanent or capitalin nature


Accumulated Depreciation - OfficeBuildings311CreditCumulative reduction in the value of officebuildings due to use


School Buildings212DebitCost/Appraised value of school buildingsconstructed/acquired including related improvements which are permanent or capitalin nature


Accumulated Depreciation - SchoolBuildings312CreditCumulative reduction in the value of theschool buildings due to use


Hospitals and Health Centers213DebitCost/Appraised value of hospitals and healthcenters constructed/acquired including related

improvements which are permanent or capital



in nature


Accumulated Depreciation - Hospitals andHealth Centers313CreditCumulative reduction in the value of hospitals

and health centers due to use


Markets and Slaughterhouses214DebitCost/Appraised value of markets and slaughterhouses constructed/acquired including related improvements which are permanent or capital in nature


Accumulated Depreciation - Markets andSlaughterhouses314CreditCumulative reduction in the value of marketsand slaughterhouses due to use


Other Structures215DebitCost/Appraised value of other structuresconstructed/acquired including related improvements which are permanent or capitalin nature



Accumulated Depreciation - OtherStructures

315CreditCumulative reduction in the value of other structures due to use

LEASEHOLD IMPROVEMENTS


Leasehold Improvements, Land218DebitCost/Appraised value of improvements madeon land under lease


Accumulated Depreciation- LeaseholdImprovements Land


318CreditCumulative reduction in the value of improvements made on land under lease dueto use

Account Title


Leasehold Improvements, Buildings

219DebitCost/Appraised value of improvements madeon buildings under lease


Accumulated Depreciation - LeaseholdImprovements, Buildings319CreditCumulative reduction in the value of improvements made on buildings under leasedue to use


Other Leasehold Improvements220DebitCost/Appraised value of improvements made on o properties under lease


Accumulated Depreciation - OtherLeasehold Improvements320CreditCumulative reduction in the value of improvements made on other propertiesunder lease due to use

OFFICE EQUIPMENT, FURNITURE AND FIXTURES


Office Equipment221DebitCost/Appraised value of office equipment acquired


Accumulated Depreciation - OfficeEquipment321CreditCumulative reduction in the value of office

equipment due to use




Furniture and Fixtures222DebitCost/Appraised value of furniture and fixturesacquired


Accumulated Depreciation - Furniture andFixtures322CreditCumulative reduction in the value of furnitureand fixtures due to use


IT Equipment and Software223DebitCost/Appraised value of IT equipment and software acquired


Accumulated Depreciation - IT Equipment323CreditCumulative reduction in the value of IT equipment due to use


Library Books224DebitCost/Appraised value of library books acquired


Description

Accumulated Depreciation - Library Books324Credit

Cumulative reduction in the value of library books due to use

MACHINERY AND EQUIPMENT


Machinery226DebitCost/Appraised value of machinery acquired


Description

Accumulated Depreciation - Machinery326Credit

Cumulative reduction in the value of machinery due to use


Agricultural, Fishery and ForestryEquipment227DebitCost/Appraised value of agricultural, fishery and forestry equipment acquired


Accumulated Depreciation - Agricultural,Fishery and Forestry Equipment327CreditCumulative reduction in the value of agricultural, fishery and forestry equipment due to use


Airport Equipment228DebitCost/Appraised value of airport equipment acquired


Accumulated Depreciation - AirportEquipment328CreditCumulative reduction in the value of airport equipment due to use


Communication Equipment229DebitCost/Appraised value of communicationequipment acquired


Accumulated Depreciation -Communication Equipment329CreditCumulative reduction in the value of communication equipment due to use


Construction and Heavy Equipment230DebitCost/Appraised value of construction and heavy equipment acquired

Account Title Accumulated Depreciation - Construction




and Heavy Equipment330CreditCumulative reduction in the value of construction and heavy equipment due to use

Account Title


Firefighting Equipment and Accessories

231DebitCost/Appraised value of firefighting equipment and accessories acquired


Accumulated Depreciation - FirefightingEquipment and Accessories331CreditCumulative reduction in the value of firefighting equipment and accessories due touse


Hospital Equipment232DebitCost/Appraised value of hospital equipment acquired


Accumulated Depreciation - HospitalEquipment332CreditCumulative reduction in the value of hospitalequipment due to use

Account Title


Medical, Dental and Laboratory

Equipment233DebitCost/Appraised value of medical, dental and laboratory equipment acquired


Accumulated Depreciation - Medical,Dental and Laboratory Equipment333CreditCumulative reduction in the value of medical,dental and laboratory equipment due to use


Military and Police Equipment234


DebitCost/Appraised value of military and policeequipment acquired


Accumulated Depreciation - Military andPolice Equipment334Credit

Cumulative reduction in the value of military and police equipment due to use


Sports Equipment235DebitCost/Appraised value of sports equipment acquired


Accumulated Depreciation - SportsEquipment335CreditCumulative reduction in the value of sports

equipment due to use


Technical and Scientific Equipment236DebitCost/Appraised value of technical and scientific equipment acquired


Accumulated Depreciation - Technical andScientific Equipment336CreditCumulative reduction in the value of technicaland scientific equipment due to use


Other Machinery and Equipment240DebitCost/Appraised value of other machineries and equipment acquired


Accumulated Depreciation - OtherMachinery and Equipment340CreditCumulative reduction in the value of other machineries and equipment due to use



TRANSPORTATION EQUIPMENT


Motor Vehicles241DebitCost/Appraised value of motor vehiclesacquired


Accumulated Depreciation – MotorVehicles341CreditCumulative reduction in the value of motor vehicles due to use


Trains242DebitCost/Appraised value of trains acquired

Account Title


Accumulated Depreciation - Trains

342CreditCumulative reduction in the value of trainsdue to use


Aircrafts and Aircraft Ground Equipment243DebitCost/Appraised value of aircrafts and aircraft ground equipment acquired

Account Title


Accumulated Depreciation - Aircrafts andAircraft Ground Equipment

343CreditCumulative reduction in the value of aircraftsand aircraft ground equipment due to use


Watercrafts244DebitCost/Appraised value of watercrafts acquired


Accumulated Depreciation - Watercrafts344CreditCumulative reduction in value of watercraftsdue to use


Other Transportation Equipment248DebitCost/Appraised value of other transportationequipment acquired



Accumulated Depreciation - OtherTransportation Equipment

348CreditCumulative reduction in value of other transportation equipment due to use

OTHER PROPERTY, PLANT AND EQUIPMENT


Other Property, Plant and Equipment250DebitCost/Appraised value of other property, plant and equipment acquired not falling under any of the specific property, plant and equipment account


Accumulated Depreciation - OtherProperty, Plant and Equipment350CreditCumulative reduction in the value of other property plant and equipment due to use

PUBLIC INFRASTRUCTURES


Roads, Highways and Bridges251DebitCost/Appraised value of roads, highways and

bridges constructed/acquired


Parks, Plazas and Monuments252DebitCost/Appraised value of parks, plazas and monuments constructed/acquired


Ports, Lighthouses and Harbors253DebitCost/Appraised values of ports, lighthousesand harbors constructed/acquired


Artesian Wells, Reservoirs, PumpingStations and Conduits




254DebitCost/Appraised values of artesian wells,reservoirs, pumping stations and conduitsconstructed/acquired

Account Title


Irrigation, Canals and Laterals

255DebitCost/Appraised value of irrigation, canals,laterals and other structuresconstructed/acquired


Flood Controls256DebitCost/Appraised value of flood controlsconstructed/ acquired



Waterways, Aqueducts, Seawalls, RiverWalls and Others

257DebitCost/Appraised value of waterways,aqueducts, seawalls, river walls and othersconstructed/acquired


Other Public Infrastructures260DebitCost/Appraised value of other publicinfrastructures constructed/acquired whichcannot be classified under any specific type of public infrastructures

REFORESTATION PROJECTS


Reforestation - Upland261DebitCost/Appraised value of upland reforestation projects completed/acquired


Reforestation - Marshland/Swampland262DebitCost/Appraised value of marshland/swampland reforestation projectscompleted/acquired

CONSTRUCTION IN PROGRESS

Agency Assets


Construction in Progress - Agency Assets264DebitCost/Appraised value of government assets

which are still under construction includingsoftware development

Public Infrastructures/Reforestation Projects


Construction in Progress - Roads,Highways and Bridges266DebitCost/Appraised value of roads, highways and bridges which are still under construction



Construction in Progress - Parks, Plazasand Monuments

267DebitCost/Appraised value of parks, plazas and monuments which are still under construction


Construction in Progress - Ports,Lighthouses and Harbors268DebitCost/Appraised value of ports, lighthouses and harbors which are still under construction

Account Title


Construction in Progress - Artesian Wells,

Reservoirs, Pumping Stations andConduits269DebitCost/Appraised value of artesian wells,reservoirs, pumping stations and conduitswhich are still under construction


Construction in Progress- Irrigation,Canals and Laterals270DebitCost/Appraised value of irrigation, canals,laterals and other structures which are stillunder construction




Construction in Progress - Flood Controls271DebitCost/Appraised value of flood control projectswhich are still under construction

Account Title


Construction in Progress - Waterways,

Aqueducts, Seawalls, River Walls andOthers

272DebitCost/Appraised value of waterways,aqueducts, seawalls, river walls and other projects which are still under construction


Construction in Progress - Other PublicInfrastructures273DebitCost/Appraised value of other publicinfrastructure projects which are still under

construction


Construction in Progress - Reforestation -Upland274DebitCost/Appraised value of upland reforestation projects which are still under construction


Construction in Progress - Reforestation -Marshland/Swampland275Debit

Cost/Appraised value of marshland/swampland reforestation projectswhich are still under construction

OTHER ASSETS


Work/Other Animals281DebitCost/Appraised value of work/other animalsacquired



Breeding Stocks282

DebitCost/Appraised value of breeding stocks

acquired


Arts, Archeological Specimens and OtherExhibits283DebitCost/Appraised value of arts, archeological

specimen and other exhibits acquired


Items in Transit284DebitCost/Appraised value of equipment already paid but not yet received (FOB Shipping Point)


Restricted Fund/Cash285Debit Amount restricted by GOCCs for authorized long-term plans except for liquidation of long-term debt


Other Assets290DebitCost/Appraised value of serviceable assets not used in operation and those waiting for disposal

L I A B I L I T I E S

CURRENT LIABILITIES

PAYABLE ACCOUNTS


Accounts Payable401CreditAmount of indebtedness arising fromtrade/business


Notes Payable402CreditAmount of liabilities arising from the issuanceof promissory notes/trade acceptances andother negotiable short-term instruments




Due to Officers and Employees403CreditAmount of liabilities due to officers andemployees of the agency



Dividend Payable408

CreditAmount of dividends due toinvestors/stockholders


Interest Payable409CreditAmount of unpaid charges arising from the useof borrowed money

INTER-AGENCY PAYABLES

Account Title


Due to National Treasury

411CreditAmount due to the National Treasury


Due to BIR412Credit Amount of taxes due/amount withheld for remittance to the Bureau of Internal Revenue(BIR)


Description

Due to GSIS413Credit

Contributions due/collectionsreceived/amounts withheld for remittance tothe Government Service Insurance System(GSIS)


Due to PAG-IBIG414CreditContributions due/collectionsreceived/amounts withheld for remittance tothe Home Development Mutual Fund (HDMF)

Account Title

Account Number Normal Balance

Due to PHILHEALTH

415Credit

Description Contributions due/collectionsreceived/amounts withheld for remittance tothe Philippine Health Insurance Corporation(PHIC)


Description

Due to Other NGAs416Credit

Amount received from other nationalgovernment agencies for the implementationof specific programs/projects subject toliquidation


Due to Other GOCCs417Credit Amount received from other GOCCs for specific projects other than the GSIS, HDMF and PHIC

Account Title


Due to LGUs

418CreditAmount due to LGUs(provinces/cities/municipalities/barangays)

INTRA - AGENCY PAYABLES


Due to Central Office/Home Office421Credit Amount received by the Regional Office/Staff Bureaus/Operating Units and/or Branch Officesof GOCCs from Central Office and/or Home

Office of GOCCs Account Title Account Number Normal BalanceDescription

Due to Regional Offices/Staff Bureaus/Branch Offices422Credit Amount received by the Central Office and/or Home Office of GOCCs from RegionalOffices/Staff Bureaus and/or Branch Offices of GOCCs


Description

Due to Operating Units423Credit

Amount received by the CentralOffice/Regional Offices from the Operating



Units


Due to Other Funds424CreditAmount received/withheld for the account of other funds


Due to Subsidiaries/Affiliates425CreditAmount due to subsidiaries/affiliates

OTHER CURRENT LIABILITY ACCOUNTS


Guaranty Deposits Payable426CreditLiability arising from cash received to guaranty performance which are refundable to the depositor


Performance/Bidders/Bail Bonds Payable427CreditLiability arising from the receipt of cash bond toguarantee the performance of the contract/court order


Currency Swap Payable428CreditLiability arising from treasury transaction where fund inforeign currency is swapped into Philippine currency

Account Title


Tax Refunds Payable

429CreditAmount refundable to taxpayers for excess amountpaid/withheld


Other Payables439CreditOther liabilities not falling under any of the specificliability accounts

LONG-TERM LIABILITIES

MORTGAGE/BONDS/LOANS PAYABLE


Mortgage Payable441CreditLong-term indebtedness covered by acontract/secured by collateral to guarantee payment


Bonds Payable - Domestic442CreditLong-term indebtedness to domestic creditorsfor bonds issued


Bonds Payable – Foreign443CreditLong-term indebtedness to foreign creditors forbonds issued



Loans Payable - Domestic444

CreditLong-term indebtedness to domestic creditorscovered by a contract/ agreement


Loans Payable – Foreign445CreditLong-term indebtedness to foreign creditorscovered by a contract/agreement


Other Long-Term Liabilities450CreditOther long-term liabilities not falling under any of the specific long-term liability accounts

DEFERRED CREDITS


Deferred Real Property Tax Income451CreditReal property tax recorded at the beginning of the year


Deferred Special Education Tax Income452CreditAdditional levy on real property tax due the

Special Education Fund




Other Deferred Credits455CreditCollections received in advance/receivable setup not falling under any of the specificdeferred credit accounts

EQUITY

GOVERNMENT EQUITY


Government Equity501CreditDifference between the assets and theliabilities of the agency


Capital Stock 502CreditContributions received equal to the par or

stated value of the GOCCs stocks


Paid in Capital in Excess of Par Value503CreditContributions received in excess of the par orstated value of GOCCs stocks and/or creditedif in case stocks are subscribed


Subscribed Capital Stock 504CreditContributions equal to the par or stated valueof subscribed GOCCs stocks


Restricted Capital505Credit Amount of capital appropriated for a specific purpose and is restricted for distribution asdividends


Appraisal Capital Stock 506Credit Amount equal to the increases in the cost of assets due to appraisal/revaluation


Treasury Stock 507Debit Amount of shares reacquired by thecorporation from the stockholders


Retained Earnings510CreditCumulative net earnings of the corporation

INTERMEDIATE ACCOUNTS


Cost of Goods Sold511DebitCost of merchandise sold in the course of government business operation


Income and Expense Summary512Credit A summary account for all subsidies received,revenues earned and expenses incurred during the year


Retained Operating Surplus513CreditNet results of agency operation

INCOME STATEMENT

INCOME

TAX REVENUE

NATIONAL TAXES


Business Tax551CreditTaxes on every sale, barter or exchange of goods subject to Value Added Taxes


Normal Balance

Capital Gains Tax552

Credit



Description Taxes on gains from the sale, exchange, orother disposition of capital assets


Documentary Stamp Tax553Credit Taxes collected from sale of documentarystamps


Donors Tax554Credit Taxes on gratuitous transfer of property byany person


Estate Tax555CreditTaxes on transfer of property of deceased person to his/her lawful heirs/beneficiaries


Excise Tax on Articles556CreditTaxes on goodsimported/manufactured/produced for domesticsale/ consumption


Final Tax557Credit Taxes imposed as full and final payment of thetax due


Franchise Tax558CreditTaxes and charges on special privileges/rightsconferred to an individual/ corporation


Immigration Tax559Credit Taxes and other charges due from immigrants


Description

Import Duties560Credit

Taxes on goods entering the country


Income Tax – Individuals561Credit Taxes on income of individuals from all sources


Description

Income Tax – Partnerships562Credit

Taxes on income from partnerships’ businessoperations during the period


Income Tax – Corporations563CreditTaxes on income from domestic/foreigncorporations, private educational institutions’ business operations during the period


Description

Professional Tax564Credit

Taxes on all persons engaged in theexercise/practice of their professions requiringgovernment examination


Stock Transfer Tax565CreditTaxes on the transfer of stock as recorded inthe Stock and Transfer Book of the corporation


Tax on Forest Products566CreditTaxes on timber and firewood cut in public

forests, from unregistered private lands and other forest products removed under gratuitous licenses


Value Added Tax567Credit Taxes on sale/barter/exchange of goods,properties and services payable by theseller/lessor/transferor


Description

Value Added Tax - Expanded568Credit

Taxes on the increase in the worth/merit of goods/properties/services




Travel Tax569Credit Taxes imposed on individuals who are leavingthe country

Account Title


Other National Taxes

578Credit Taxes not classified under any of the specificnational taxes account


Fines and Penalties - National Taxes579CreditFines and penalties charged to national taxes

LOCAL TAXES


Description

Amusement Tax581Credit

Taxes on gross receipts from admission feescollected by operators of cinemas/concert hall/stadium and other places of amusement


Business Tax582CreditTaxes on domestic sales of manufacturers/ assemblers/repackers/processors/ wholesalers/distributors/ retailers/contractors/other businesses

Account Title


Community Tax

583Credit Taxes levied on every citizen of the Philippines


Franchise Tax584Credit Taxes on franchise granted to businessoperating within the localities


Occupation Tax585CreditTaxes on all persons engaged in theexercise/practice of their profession or calling


Printing and Publication Tax586Credit Taxes on printing/publication of books andother printed materials

Account Title


Property Transfer Tax

587CreditTaxes on sale/donation/barter or any other mode of transferring ownership/title of real property


Real Property Tax588CreditBasic tax on real property and itsimprovements

Account Title


Real Property Tax on Idle Lands

589Credit Tax on idle lands in addition to the basic realproperty tax


Special Assessment Tax590CreditSpecial levy on lands benefited by publicworks projects/improvements


Description

Special Education Tax591Credit

Tax on a real property in addition to the basicreal property tax which accrue to the SpecialEducation Fund


Tax on Delivery Trucks and Vans592Credit Taxes on vehicles used in thedelivery/distribution of products


Tax on Sand, Gravel and Other QuarryProducts593CreditTaxes on stones/sand/gravel/earth and other



quarry resources extracted from publiclands/water


Other Local Taxes598CreditOther taxes not classified under the specifictax accounts


Fines and Penalties - Local Taxes599CreditFines and penalties charged to local taxes

GENERAL INCOME

PERMIT AND LICENSES


Description

Fees on Weights and Measures601Credit

Fees for sealing and licensing of weights andmeasures


Fishery Rental Fees602CreditFees on fishery privileges granted and licensesfor the operation of fishing vessels


Franchising and Licensing Fees603CreditFees on franchises/licenses issued


Motor Vehicles Users Charge604CreditCharges on all types of motor vehicles


Permit Fees605CreditFees for the issuance of permits bygovernment agencies

Account Title

Account Number

Registration Fees

606


CreditFees in the registration of cart, cattle,marriage, etc.


Other Permits and Licenses608CreditFees for the issuance of permits/licenses not classified under specific accounts


Fines and Penalties - Permits andLicenses609CreditFines and penalties charged to permits andlicenses

SERVICE INCOME



Affiliation Fees611

CreditFees for the training of students in StateUniversities and Colleges and other government schools/agencies


Athletic and Cultural Fees612CreditFees for athletic and cultural activities


Clearance and Certification Fees613CreditFees for the issuance of clearances/certificates


Comprehensive Examination Fees614CreditFees imposed to students/professionals for taking examinations


Diploma and Graduation Fees615CreditFees for the issuance of diploma/conduct of graduation activities

Account Title

Account Number

Garbage Fees

616




CreditFees for the collection/disposal of garbage


Inspection Fees617CreditFees for the conduct of inspection


Library Fees618CreditFees for use of the library


Medical, Dental and Laboratory Fees619CreditFees for medical/dental/laboratoryexaminations


Description

Passport and Visa Fees620Credit

Fees for the issuance of passports and visas


Processing Fees621CreditFees for the processing of documents


Seminar Fees622CreditFees for the conduct of seminars/training/conventions/workshops, etc.


Toll and Terminal Fees623CreditFees for use of roads/bridges/ferries/piers andterminals


Transcript of Record Fees624CreditFees for the issuance of transcript of records


Normal Balance

Other Service Income628

Credit

Description Income for services not classified under thespecific service income accounts


Fines and Penalties - Service Income629CreditFines and penalties charged to service income

BUSINESS INCOME


Hospital Fees631CreditFees for services rendered to patients


Income from Canteen Operations632CreditIncome from the operation of thecanteen/cafeteria/eatery

Account Title


Income from Cemetery Operations

633CreditIncome from the operation of the cemeteries


Income from Communication Facilities634CreditIncome from the use of communicationfacilities


Description

Income from Dormitory Operations635Credit

Income from the operation of dormitories/lodging houses/hostels


Income from Markets636CreditIncome from the operation of public markets


Income from Slaughterhouses637CreditIncome from the operation of slaughterhouses

Account Title Account Number Income from Transportation System638




CreditIncome from the operation of transportationssystem


Income from Waterworks System639CreditIncome from the operation of waterworks

system


Landing and Parking Fees640CreditIncome from the use of runways and airports


Printing and Publication Income641CreditIncome from sale of printedforms/materials/publications


Rent Income642CreditIncome from lease/use of government property


Sales Revenue643CreditIncome from sale of merchandise and otherinventory


Description

Tuition Fees644Credit

Fees imposed to students of governmentschools


Other Business Income648CreditIncome which are not classified under specificbusiness income accounts


Fines and Penalties - Business Income649CreditFines and penalties charged to business

income

SUBSIDY INCOME


Subsidy Income from NationalGovernment651Credit

Amount of subsidy received from the NationalGovernment


Subsidy from Other National GovernmentAgencies652CreditFinancial assistance received from NationalGovernment Agencies


Subsidy from Central Office/Home Office653Credit Amount of subsidy received by the RegionalOffice/Staff Bureau and Operating Unit and/or Branch Offices of GOCCs from Central Officeand/or Home Office of GOCCs


Subsidy from Regional Offices/Staff Bureaus/Branch Offices654Credit Amount of subsidy received by the OperatingUnit and or Home Office of GOCCs from theRegional Offices/Staff Bureaus and/or BranchOffices of GOCCs


Subsidy from Operating Units655Credit Amount of subsidy received by an OperatingUnit from another Operating Units


Subsidy from Other LGUs656CreditFinancial assistance received from other LGUs


Normal Balance

Subsidy from Other Funds657

Credit



Description Amount of subsidy received from other funds


Subsidy from Subsidiaries/Affiliates658Credit Amount of subsidy received fromsubsidiaries/affiliates

OTHER GENERAL INCOME


Dividend Income661CreditCash dividends earned from investments instocks


Income from Grants and Donations662CreditAmount of grants/donations received in cashor in kind


Insurance Income663CreditIncome from life insurance/fidelity/third party liability/property and other non-life insuranceand reinsurance


Interest Income664CreditInterest on deposits withbanks/loans/investments


Internal Revenue Allotment665CreditShare of the province/city/municipality fromthe national taxes collected


Sale of Confiscated/Abandoned/SeizedGoods and Properties666CreditIncome from sale of goods/propertiesconfiscated/abandoned/seized

Account Title

Account Number

Share from Economic Zones

667


CreditShare of LGUs from the gross income paid by businesses and enterprises in specialeconomic zones


Description

Share from Expanded Value Added Tax668Credit

Share of LGUs from national taxes collected inexcess of the increase in collection for theimmediate preceding calendar year


Share from National Wealth669CreditShare of LGUs from theutilization/development of the national wealth


Description

Share from PAGCOR/PCSO670Credit

Share of government agencies from Philippine Amusement and Gaming Corporation(PAGCOR) and Philippine Charity SweepstakesOffice (PCSO)


Share from Tobacco Excise Tax671CreditShare of LGUs on local tobacco excise taxes provided under R.A. 7171


Miscellaneous Income678CreditIncome earned which are not classified under the specific income accounts


Other Fines and Penalties679CreditFines and penalties charged to other generalincome

GAIN/LOSS


Normal Balance

Gain/Loss on Foreign Exchange (FOREX)681

Credit/Debit



Description Amount of gain/loss in the conversion of foreign currencies to local currency


Gain/Loss on Sale of Disposed Assets682Credit/DebitAmount of gain/loss on sale of disposed assets


Gain/Loss on Sale of Securities683Credit/DebitAmount of gain/loss on sale of bonds/securities


Prior Years’ Adjustments684Credit/DebitAdjustment of prior years’ incomeearned/expenses incurred

EXPENSES

PERSONAL SERVICES

SALARIES AND WAGES


Salaries and Wages – Regular701DebitPay proper of regular government employeesfor services rendered


Salaries and Wages - Military/Uniformed702DebitPay proper of military and uniformed

personnel of the Department of NationalDefense, Department of Interior and LocalGovernment and National Mapping and Resource Information Agency for servicesrendered


Salaries and Wages - Part-time703DebitPay proper of part-time governmentemployees for services rendered


Normal Balance

Salaries and Wages - Substitute704

Debit

Description Pay proper of substitute governmentemployees for services rendered


Salaries and Wages – Casual705DebitPay proper of casual government employeesfor services rendered


Salaries and Wages - Contractual706DebitPay proper of contractual governmentemployees for services rendered


Salaries and Wages - Emergency707DebitPay proper of emergency government employees for services rendered

OTHER COMPENSATION


Personnel Economic Relief Allowance(PERA711DebitAllowance granted to all appointivegovernment employees


Additional Compensation (ADCOM)712Debit Allowance granted to all government personnel whether regular/casual on

temporary status/contractual


Representation Allowance (RA)713Debit Allowance granted to authorized officials and employees while in the actual performance of their respective functions


Transportation Allowance (TA)714Debit Al lowance granted to authorized

officials/employees for transportation




Clothing/Uniform Allowance715Debit Allowance to authorized government officials/employees for clothing/uniform


Subsistence, Laundry and QuartersAllowances716Debit Allowances to authorized government officials/employees for subsistence, laundry and quarters


Productivity Incentive Allowance717DebitIncentive to authorized governmentofficials/employees for good performance


Overseas Allowance718DebitAllowance to authorized governmentofficials/employees on foreign assignment


Other Bonuses and Allowances719DebitOther authorized bonuses and allowances togovernment officials/employees which are not classified under the specific accounts

Account Title


Honoraria

720Debit Amount due to government officials/employees in recognition of their expertise, broad and superior knowledge inspecific fields


Hazard Pay721Debit Amount due to government officials/employees assigned in difficult/ dangerous/strife-torn/embattled areas ascertified by appropriate government body and

to those whose lives are directly exposed to

work conditions which may causeinjury/sickness/death/harmful change in thehuman organism


Longevity Pay722DebitCompensation to government officials and employees for long services rendered


Overtime and Night Pay723DebitCompensation to authorized government employees for working in excess of theminimum hours


Cash Gift724DebitAmount granted to government officials and

employees


Year End Bonus725DebitChristmas bonus to government officials andemployees

PERSONNEL BENEFIT CONTRIBUTIONS


Description

Life and Retirement InsuranceContributions731

DebitGovernment’s share in premium contributionsto the Government Service Insurance System


PAG-IBIG Contributions732DebitGovernment's share in premium contributionsto the Home Development Mutual Fund


Description

PHILHEALTH Contributions733Debit

Government’s share in premium contributions



to health insurance fund with the PhilippineHealth Insurance Corporation


ECC Contributions734DebitGovernment’s share in premium contributionsto the Employees' Compensation Commission(ECC)

OTHER PERSONNEL BENEFITS


Pension Benefits - Civilian738Debit Amount of pension to government officers and employees and/or their dependents


Description

Pension Benefits - Military/Uniformed739Debit

Amount of pension to military and uniformed personnel of the Department of NationalDefense, Department of Interior and LocalGovernment and National Mapping and Resource Information Agency and/or their dependents


Retirement Benefits – Civilian740Debit Amount of retirement pay to government officers and employees and/or their dependents


Retirement Benefits - Military/Uniformed741Debit Amount of retirement pay to military and uniformed personnel of the Department of National Defense, Department of Interior and Local Government and National Mapping and Resource Information Agency and/or their dependents


Normal Balance

Terminal Leave Benefits742

Debit

Description Money value of the accumulated leave creditsof government officials and employees


Health Workers Benefits743DebitAmount of benefits given to health workers


Other Personnel Benefits749Debit Amount of benefits not classified under thespecific personnel benefits accounts

MAINTENANCE AND OTHER OPERATING EXPENSES

TRAVELING EXPENSES



Traveling Expenses - Local751

DebitExpenses in the movement of persons withinthe country whether employed in thegovernment or not, such as transportation and travel per diems, hire of guides, ferriage, and all other similar expenses


Traveling Expenses - Foreign752DebitExpenses in the movement of persons outsidethe country whether employed in thegovernment or not such as transportation and

travel per diems, passport processing, etc.

TRAINING AND SCHOLARSHIP EXPENSES


Training Expenses753DebitExpenses for participation/attendance intraining, conventions and seminars/workshops. It also includes expensesincurred related to training, such as payment of honoraria to lecturers, hand outs, suppliesand materials used, meals and snacks

Account Title Scholarship Expenses




754DebitExpenses for scholarships granted togovernment personnel

SUPPLIES AND MATERIALS EXPENSES


Office Supplies Expenses755DebitCost/Value of office/janitorial/IT supplies, etc.issued/used


Accountable Forms Expenses756DebitCost of accountable forms issued/used


Description

Animal/Zoological Supplies Expenses757Debit

Cost of food/medicines/veterinary and other maintenance needs of animals in government zoos/wildlife/sanctuary, etc.


Food Supplies Expenses758DebitCost of food served to patients/inmates,including those distributed to people affected by calamities/disasters/ground conflict, etc.



Drugs and Medicines Expenses759

DebitCost of drugs and medicines used ingovernment operations/projects


Medical, Dental and Laboratory SuppliesExpenses760DebitCost of medical, dental and laboratory supplies used in government operations/projects

Account Title

Account Number

Gasoline, Oil and Lubricants Expenses

761


DebitCost of gasoline, oil and lubricants consumed by government vehicles and other equipment in connection with government operations/projects


Agricultural Supplies Expenses762DebitCost of fertilizers, pesticides and other agricultural supplies issued/used ingovernment operations/projects


Textbooks and Instructional Materials763DebitCost of books and instructional materialsdistributed to public schools



Military and Police Supplies Expenses764

DebitCost of military and police suppliesissued/used in government operations


Other Supplies Expenses765DebitCost of other supplies and material not classified under the specific supplies expenseaccounts used in government operations

UTILITY EXPENSES


Water Expenses766DebitCosts of water consumed in governmentoperations/projects


Electricity Expenses767DebitCost of electricity consumed in governmentoperations/projects

Account Title

Account Number

Cooking Gas Expenses

768




DebitCost of cooking gas consumed in governmentoperations/projects

COMMUNICATION EXPENSES


Postage and Deliveries771DebitCost of postage/delivery of official forms/documents/records, etc.


Telephone Expenses - Landline772DebitCost of transmitting messages thru telephonelandlines


Description

Telephone Expenses - Mobile773Debit

Cost of transmitting messages thru mobilephones


Internet Expenses774DebitCost of transmitting messages thru theinternet


Cable, Satellite, Telegraph and RadioExpenses775Debit

Cost of transmitting messages thru cables/ satellites/ telegrams/radio services

MEMBERSHIP DUES AND CONTRIBUTION TO ORGANIZATIONS


Membership Dues and Contribution toOrganizations778DebitMembership dues/contributions/fees to professional/recognized organizations

AWARDS AND INDEMNITIES


Awards and Indemnities779Debit Amount awarded by courts/administrativebodies to persons affected by the destructionof property/death/injury

ADVERTISING EXPENSES


Advertising Expenses780DebitCost of advertisement in newspapers/ magazines /television/radio/other forms of media

PRINTING AND BINDING EXPENSES


Description

Printing and Binding Expenses781Debit

Cost for the printing/binding of manuscripts/documents in government operations/projects

RENT EXPENSES


Rent Expenses782DebitExpenses for the use of facilities/equipment,etc.

REPRESENTATION EXPENSES


Representation Expenses783DebitExpenses for officialmeetings/conferences/entertainments

TRANSPORTATION AND DELIVERY EXPENSES


Transportation and Delivery Expenses784DebitCost of transporting government inventory/property/equipment



STORAGE EXPENSES


Storage Expenses785DebitCost of storing government goods/properties

SUBSCRIPTION EXPENSES


Subscription Expenses786DebitCost of subscription to library/other readingmaterials

SURVEY EXPENSES


Survey Expenses787DebitExpenses in the conduct of survey of

government property

REWARDS AND OTHER CLAIMS


Rewards and Other Claims788DebitExpenses for rewards given toinformers and government officers for outstanding services including claims of government employees for sickness/injuries/death which occurred

or sustained in the performance of official duty

PROFESSIONAL SERVICES


Legal Services791DebitCost of authorized legal servicesrendered by private lawyers


Description

Auditing Services792Debit

Cost of services rendered by auditors and

billed by the Commission on Audit


Consultancy Services793DebitCost of hiring consultants for special/technical services not available inthe concerned agency


Environment/Sanitary Services794DebitCost of services for the upkeep of theenvironment and maintenance of sanitation


General Services795DebitExpenses for general services such ascarpentry/plumbing/electrical, etc.


Janitorial Services796DebitCost of janitorial services under contract with thegovernment


Security Services797DebitCost of security services under contract with thegovernment

Account Title


Other Professional Services

799DebitCost of other professional servicescontracted by the agency not classified under specific professional servicesaccounts

REPAIRS AND MAINTENANCE

Land Improvements


Normal Balance

Repairs and Maintenance - LandImprovements

802



Description DebitCost of repairing and maintaining landimprovements


Repairs and Maintenance -Runways/Taxiways803Debit

Cost of repairing and maintainingrunways/taxiways


Repairs and Maintenance - Railways804DebitCost of repairing and maintaining railways


Repairs and Maintenance - Electrification,Power and Energy Structures805DebitCost of repairing and maintaining

electrification, power and energy structures

Buildings


Repairs and Maintenance - OfficeBuildings811DebitCost of repairing and maintaining officebuildings

Account Title


Repairs and Maintenance - School

buildings812DebitCost of repairing and maintaining schoolbuildings


Repairs and Maintenance - Hospitals andHealth Centers813DebitCost of repairing and maintaininghospitals/sanitaria/ health centers

Account Title

Account Number

Repairs and Maintenance - Markets and

Slaughterhouses


814DebitCost of repairing and maintaining marketsand slaughterhouses


Description

Repairs and Maintenance - OtherStructures815

DebitCost of repairing and maintainingstructures other than those classified under specific maintenance accounts

Leasehold Improvements


Repairs and Maintenance - LeaseholdImprovements, Land818DebitCost of repairing and maintainingimprovements on land leased by the

government


Repairs and Maintenance - LeaseholdImprovements, Buildings819DebitCost of repairing and maintainingimprovements on buildings leased by thegovernment


Repairs and Maintenance - OtherLeasehold Improvements820DebitCost of repairing and maintainingimprovements other than those classified under specific repairs and maintenance -leasehold improvements accounts

Office Equipment, Furniture and Fixtures


Repairs and Maintenance - OfficeEquipment821DebitCost of repairing and maintaining officeequipment




Repairs and Maintenance - Furniture andFixtures822DebitCost of repairing and maintaining furniture andfixtures

Account Title


Repairs and Maintenance - IT Equipment

and Software823DebitCost of repairing and maintaining ITequipment and software

Machinery and Equipment


Repairs and Maintenance - Machinery826DebitCost of repairing and maintaining machinery


Repairs and Maintenance - Agricultural,Fishery and Forestry Equipment827DebitCost of repairing and maintaining agricultural,fishery and forestry equipment


Repairs and Maintenance - AirportEquipment

828Debit

Cost of repairing and maintaining airportequipment


Repairs and Maintenance -Communication Equipment829Debit

Cost of repairing and maintainingcommunication equipment

Account Title


Repairs and Maintenance - Constructionand Heavy

Equipment830DebitCost of repairing and maintaining construction

and heavy equipment


Repairs and Maintenance - FirefightingEquipment and Accessories

831Debit

Cost of repairing and maintainingfirefighting equipment and accessories

Account Title


Repairs and Maintenance - Hospital

Equipment832DebitCost of repairing and maintaining hospital

equipment


Repairs and Maintenance - Medical,Dental and Laboratory Equipment

833Debit

Cost of repairing and maintaining medical,dental and laboratory equipment


Repairs and Maintenance - Military andPolice Equipment

834DebitCost of repairing and maintaining military and

police equipment


Repairs and Maintenance - SportsEquipment

835DebitCost of repairing and maintaining sports

equipment


Repairs and Maintenance - Technical andScientific Equipment

836DebitCost of repairing and maintaining technical and

scientific equipment


Repairs and Maintenance - OtherMachinery and Equipment

840Debit

Cost of repairing and maintaining other

machinery and equipment not specifically



included in the other accounts

Transportation Equipment


Repairs and Maintenance - Motor Vehicles841DebitCost of repairing and maintaining motor vehicles


Repairs and Maintenance – Trains842DebitCost of repairing and maintaining trains


Repairs and Maintenance – Aircrafts and AircraftGround Equipment843DebitCost of repairing and maintaining aircrafts/aircraft ground equipment


Repairs and Maintenance - Watercrafts844DebitCost of repairing and maintaining watercrafts


Repairs and Maintenance - Other TransportationEquipment848DebitCost of repairing and maintaining other transportationequipment

Other Property, Plant and Equipment


Repairs and Maintenance - Other Property, Plant andEquipment

850DebitCost of repairing and maintaining other types of property, plant and equipment not classified under specific repairsand maintenance accounts

Public Infrastructures


Repairs and Maintenance - Roads, Highways andBridges851Debit

Cost of repairing and maintaining roads, highways and

bridges


Repairs and Maintenance - Parks, Plazas andMonuments852DebitCost of repairing and maintaining parks, plazas andmonuments


Repairs and Maintenance - Ports, Lighthouses anHarbors853DebitCost of repairing and maintaining ports, lighthouses anharbors

Account Title


Repairs and Maintenance - Artesian Wells,Reservoirs, Pumping Stations and Conduits854DebitCost of repairing and maintaining artesian wells, reserv

pumping stations and conduits


Repairs and Maintenance - Irrigation, Canals andLaterals855DebitCost of repairing and maintaining irrigation, canals, lat and other structures


Repairs and Maintenance - Flood Controls856DebitCost of repairing and maintaining flood controls

Account Title


Repairs and Maintenance - Waterways, AqueductSeawalls, River Walls and Others857DebitCost of repairing and maintaining waterways, aquedseawalls, river walls and others


Repairs and Maintenance - Other PublicInfrastructures860DebitCost of repairing and maintaining other publicinfrastructures

Reforestation Projects




Repairs and Maintenance - Reforestation -Upland861DebitCost of repairing and maintaining upland reforestationprojects


Repairs and Maintenance - Reforestation -Marshland/Swampland

862DebitCost of repairing and maintainingmarshland/swampland reforestation projects

SUBSIDIES AND DONATIONS


Subsidy to National Government Agencies871DebitReplenishments made by the Bureau of the Treasury to Authorized Government Servicing Banks for negotiated

Modified Disbursement System checks and payments onaccounts of National Government Agencies


Subsidy to Regional Offices/Staff Bureaus/BranchOffices872Debit Amount of funds/assets transferred by the Central Officeand/or Home Office of GOCCs to the Regional Offices/Staff Bureaus and/or Branch Offices of GOCCs


Subsidy to Operating Units873Debit Amount of funds/assets transferred by the CentralOffice/Regional Offices/Staff Bureaus to the Operating Units


Subsidy to Local Government Units874DebitAmount of funds/assets transferred to LGUs forgovernment programs/projects


Subsidy to Government Owned and/or ControlledCorporations875DebitAmount of funds/assets transferred to GOCCs for their

operations


Subsidy to NGOs/POs876DebitAmount of financial assistance to Non-GovernmentOrganizations/People’s Organizations for implementatiogovernment programs/projects

Account Title


Subsidy to Other Funds

877DebitAmount transferred from one fund to another fund of thgovernment agency


Donations878DebitAmount of donations to other levelsgovernment/individuals/ institutions

CONFIDENTIAL, INTELLIGENCE, EXTRAORDINARY ANDMISCELLANEOUS EXPENSES


Confidential Expenses881DebitCost of services which are confidential in nature


Intelligence Expenses882DebitAmount of expenses for highly sensitive activities


Extraordinary Expenses883Debit Amount of expenses of government officials for authori

public relations activities Account Title Account Number Normal BalanceDescription

Miscellaneous Expenses884Debit Amount of expenses other than those classified uspecific confidential, intelligence and extraordinary expaccounts

TAXES, INSURANCE PREMIUMS AND OTHER FEES


Description

Taxes, Duties and Licenses891Debit

Amount of expenses for taxes, duties and



licenses


Fidelity Bond Premiums892DebitPremiums on fidelity bond of accountableofficers


Insurance Expenses893DebitPremiums for the insurance of governmentproperties

NON-CASH EXPENSES

Bad Debts Expenses


Description

Bad Debts Expenses901Debit

Amount of receivables estimated to beuncollectible

Depreciation

Land Improvements


Depreciation - Land Improvements902DebitDepreciation charges for the period on land improvements

Account Title


Depreciation - Runways/Taxiways

903DebitDepreciation charges for the period on runways/taxiways


Depreciation - Railways904DebitDepreciation charges for the period on railways


Depreciation - Electrification, Power and EnergyStructures905DebitDepreciation charges for the period on electrification,

power and energy structures

Buildings


Depreciation - Office Buildings911DebitDepreciation charges for the period on office

buildings


Depreciation - School Buildings912DebitDepreciation charges for the period on schoolbuildings


Depreciation - Hospitals and HealthCenters913DebitDepreciation charges for the period on hospitals

and health centers


Depreciation - Markets andSlaughterhouses914DebitDepreciation charges for the period on marketsand slaughterhouses


Depreciation - Other Structures915DebitDepreciation charges for the period on otherstructures

Leasehold Improvements


Depreciation - Leasehold Improvements,Land918DebitDepreciation charges for the period onleasehold improvements, land


Description

Depreciation - Leasehold Improvements,Buildings

919

Debit



Depreciation charges for the period onleasehold improvements, buildings


Depreciation - Other LeaseholdImprovements920DebitDepreciation charges for the period on other

leasehold improvements

Office Equipment, Furniture and Fixtures


Depreciation - Office Equipment921DebitDepreciation charges for the period on officeequipment


Depreciation - Furniture and Fixtures922DebitDepreciation charges for the period on furniture

and fixtures


Depreciation - IT Equipment923DebitDepreciation charges for the period on ITequipment


Depreciation - Library Books924DebitDepreciation charges for the period on librarybooks

Machinery and Equipment


Depreciation - Machinery926DebitDepreciation charges for the period on machinery


Depreciation - Agricultural, Fishery and ForestryEquipment

927DebitDepreciation charges for the period on agricultural, f ishery

and forestry equipment


Depreciation - Airport Equipment928DebitDepreciation charges incurred for the period on airportequipment

Account Title


Depreciation - Communication Equipment

929DebitDepreciation charges for the period on communicationequipment


Depreciation - Construction and Heavy Equipmen930DebitDepreciation charges for the period on construction andheavy equipment



Depreciation - Firefighting Equipment andAccessories

931DebitDepreciation charges for the period on firefigequipment and accessories


Depreciation - Hospital Equipment932DebitDepreciation charges for the period on hospital equipm


Description

Depreciation - Medical, Dental and LaboratoryEquipment

933

DebitDepreciation charges for the period on medical, dentalaboratory equipment


Depreciation - Military and Police Equipment934DebitDepreciation charges for the period on military and poliequipment


Depreciation - Sports Equipment935DebitDepreciation charges for the period on sports equipmen




Depreciation - Technical and Scientific Equipment936DebitDepreciation charges for the period on technical andscientific equipment



Depreciation - Other Machineries and Equipment940

DebitDepreciation charges for the period on other machineriesand equipment

Transportation Equipment


Depreciation - Motor Vehicles941DebitDepreciation charges for the period on motor vehicles


Description

Depreciation -Trains942Debit

Depreciation charges for the period on trains


Depreciation - Aircrafts and Aircraft GroundEquipment

943DebitDepreciation charges for the period on aircrafts and aircraft ground equipment


Depreciation - Watercrafts944DebitDepreciation charges for the period on watercrafts


Depreciation - Other Transportation Equipment948DebitDepreciation charges for the period on other transportation equipment

Other Property, Plant and Equipment


Depreciation - Other Property, Plant andEquipment950DebitDepreciation charges for the period on otherproperty, plant and equipment

Depletion


Obsolescence - IT Software951DebitReduction in the book value of IT Software duobsolescence/technological innovation and changgovernment policies

Discounts


Discount on Real Property Taxes954DebitDiscount for advance and prompt payment of realproperty taxes


Discount on Special Education Tax955DebitDiscount for advance and prompt payment of special education tax

Tax Exemption and Refunds


Loss from Tax Exemptions957Debit Amount of taxes lost due to exemption grantedcorporations and other businesses in the paymentaxes/duties/levies, etc.


Tax Refunds958Debit Amount of refunds for overpayment of taxes/ duties/lev etc.

Remittance to National Treasury from AssetsDisposal


Remittance to National Treasury from AssetsDisposal959DebitRemittance to the Bureau of the Treasury of proceeds f the sale of disposed assets

OTHER MAINTENANCE AND OPERATING EXPENSES

Account Title

Account Number

Loss of Assets

961




Debit Amount of loss suffered by government due totheft/fortuitous events/calamities/civil unrest


Loss on Guaranty962Debit Amount paid by the National Government for guaranteed

GOCCs loans due to insolvency Account Title Account Number Normal BalanceDescription

Other Maintenance and Operating Expenses969DebitExpenses not otherwise classified under the specificmaintenance and other operating expense accounts

FINANCIAL EXPENSES


Bank Charges971Debit Amount charged by a bank for various services

rendered


Commitment Fees972Debit Amount charged by creditors for unwithdrawnamount of loans


Debt Service Subsidy to GOCCs973DebitSubsidies to GOCCs for unpaid loans to the NationalGovernment


Documentary Stamp Expenses974DebitCost of documentary stamp issued/used ingovernment transactions


Interest Expenses975DebitCharges for the use of borrowed money


Other Financial Charges979Debit

Description Charges which are not classified under the specificfinancial expense accounts

‘/MISC-02032007

Documents

PCOA Booklet