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MOOE & Personnel Services Transactions Guide

The document outlines various financial transactions and requirements related to personnel services and operational expenses for SLSU. It includes details on cash advances for travel, honorarium calculations for a guest speaker, salary payments for a new accountant, eligibility for mid-year bonuses, and resignation benefits for an employee. Each section specifies the necessary computations and journal entries based on applicable DBM circulars and regulations.

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Jules Bryan Sabucido
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19 views1 page

MOOE & Personnel Services Transactions Guide

The document outlines various financial transactions and requirements related to personnel services and operational expenses for SLSU. It includes details on cash advances for travel, honorarium calculations for a guest speaker, salary payments for a new accountant, eligibility for mid-year bonuses, and resignation benefits for an employee. Each section specifies the necessary computations and journal entries based on applicable DBM circulars and regulations.

Uploaded by

Jules Bryan Sabucido
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

Excellence | Service | Leadership and Good Governance | Innovation | Social Responsibility | Integrity | Professionalism | Spirituality

Activity No. 4. TRANSACTIONS UNDER MOOE & PERSONNEL SERVICES

1. X has granted a travel order to attend a seminar this May 1-4 (May 1 date of arrival,
May 4 at 5PM date of departure). He applied for cash advance worth P26,000. Here
is the breakdown.
 Transportation Expenses – 8,000
 Miscellaneous Expenses – 1,000
 DTE – 5,000
 Training Expenses – 12,000
Is cash advance reasonable based on EO 77 and DBM Circulars? If not,

a. Compute the adjusted reasonable/allowable expenses.


b. Journal entries from the granting of cash advance based on your answer from (a)
and liquidation of it assuming no variance upon liquidation.

2. SLSU is conducting a one-day seminar this May 1. They have invited Luka Doncic as
a resource speaker with a monthly salary of P30,000. Luka will deliver a total of 6
hours of lectures.
Requirements:

a. Based on DBM Circular No. 2007 – 1 dated April 23, 2007, how much is his
honorarium?
b. Compute the minimum and maximum allowable honorarium.

3. SLSU has appointed Austin Reaves as the new Accountant with the salary grade 12
as compensation. His date of assumption is January 1. Tax due for the month is P600.
He claims his salary for the month of January. Make a journal entry upon payment of
his first salary.
Account: Basic Salary, RLIP, Philhealth Contribution, Pag IBIG Contribution, ECIP,
Due to BIR, Due to GSIS – ER, Due to GSIS – EE, Due to PhilHealth – ER, Due to
PhilHealth – EE, Due to Pag-IBIG – ER, Due to Pag-IBIG – EE, Cash

4. X has appointed as Instructor I (salary grade 12) in SLSU-Maasin Campus last


January 8. His assumption date is February 15. Can he be eligible to receive mid-year
bonus based on DBM Circular 2017-2 dated May 8, 2017? If yes how much?

5. Mr. Cruz, after more than four (4) years of government service, tenders his
resignation effective May 1, 2024. Can he be eligible to receive clothing allowance
and year bonus/cash gift based DBM Circular 2024-1 dated April 4, 2024 and 2016-
4 dated April 28, 2016? If yes how much?

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