The Municipality's tax remittance records were unreliable because it relied on faulty computer-generated reports and made accounting adjustments of over ₱300,000 without proper supporting documents, risking unremitted taxes.

Why It Matters

Recommended Actions

• Require the MA to verify and establish supporting documents for the adjustments made totaling to ₱306,315.88 and to establish a control mechanism to validate system generated reports to ensure reliability of data.

Original Audit Finding Excerpt

"However, full remittance within the prescribed period was not ascertained due to (a) unreliable system generated reports of taxes for remittance; and (b) adjustments totaling ₱306,315.88 without valid supporting documents contrary to BIR Revenue Memorandum Circular (RMC) No. 23-2021 dated February 14, 20212 and Section 123 of PD No. 1445."

Source Document