The municipality made some errors in remitting Pag-IBIG contributions and loan payments because payroll documents were recorded and submitted to the accounting office at different times, causing timing mismatches.

Why It Matters

Recommended Actions

• Direct the (a) HRMO to promptly submit the necessary payroll documents to ensure timely processing and recording of transactions in the books
• And (b) Municipal Accountant and Municipal Treasusrer continue to comply with the regulations on withholding and remitting premiums and loan amortizations within the prescribed period

Original Audit Finding Excerpt

"1 ACTION PLAN MONITORING TOOL Sector: Local Government Audit Sector Prepared by: ATL Rachel Mary Angela C. Murillon Date: Team: R3-11, LGAS – C, Province of Bulacan Reviewed by: Date: Agency Audited: Municipality of Pulilan Approved by: SA Elsa SB. Puno Date: Audit Period: For the Calendar Year 2023 AAR Date: June 28, 2024 AGENCY ACTION PLAN and STATUS of IMPLEMENTATION RESULTS of COA VALIDATION Ref. Audit Observation Audit Recommendation AGENCY ACTION PLAN Status of Implemen- tation Reason for Delay/ Non- Implemen- tation (if applicable) Action Taken/ Action to be Taken Date of Follow-up Status of Implemen- tation Actual Implementation Date Remarks Action Plan Person/ Dept. Responsible Target Implem. Date From To From To AAR CY2023 Par. 1 – 1.3 pp. 44- 46 The reported balance of the CLT account amounting to ₱30,141,696.25, was understated by ₱4,999.98 due to unrecognized collections from the returns of cash"

Source Document