The town sent the wrong amounts to the GSIS and its year-end record did not match the next payment, so the numbers were unreliable.

Why It Matters

Recommended Actions

• Instruct the Municipal Accountant and HRMO (a) to put in extra effort to immediately trace the source of discrepancies in their records and reconcile them with the GSIS to effect the necessary adjustments in the books, if any
• And (b) together with the Municipal Treasurer, strictly comply with the regulations on the withholding and remittance of monthly contributions due to the GSIS without delay

Original Audit Finding Excerpt

"Municipality of Pulilan Province of Bulacan AGENCY ACTION PLAN and STATUS of IMPLEMENTATION Audit Observations and Recommendations For the Calendar Year 2023 As of October 2024 Agency Action Plan Reason for Target Partia/Dela Action . ; ' ; Implementation Status of y/Non- : Ref. Audit Observations Audit Recommendations ‘Acton Plan Person/Dept. Date Implementation | implementa Taken/Action to be Responsible soni Taken applicable The reported balance of the We recommended and the LCE To continuously Accounting Fully Reconciliation is CLT account amounting to agreed to require the Municipal reconcile records Office Implemented being P30,141,696.25, was understated by P4,999.98 due to unrecognized collections from the returns of cash adances as of year-end Treasurer and Municipal Accountant to execute full automation of collections to minimize manual interventions, reduce errors, and enhance efficiency and transparency in the reporting of collections and regularly reconcile ttheir res"

Source Document