Government Accounting Process o Capital expenditures

Keeping of the General Accounts GAME

Government Accounting Process  COA shall keep the general accounts
 Activities of analyzing, recording, and preserve the vouchers and other
classifying, summarizing, and supporting documents
communicating transactions involving
the receipt and disposition of
government funds and property, and
interpreting the results thereof
 Incorporates budgetary controls

Books of Accounts and Registries

 Journals
o General Journal
o Cash Receipts Journal
o Cash Disbursements Journal
o Check Disbursements Journal
 Ledgers
o General Ledgers
o Subsidiary Ledgers
 Registries: budget records
o Registries of Revenue and Other
Receipts (RROR)
 Used to monitor the budgeted
amounts, actual collections and
remittances of revenue and
other receipts
o Registry of Appropriations and
Allotments (RAPAL)
o Registries of Allotments,
Obligations and Disbursements
(RAOD)
o Registries of Budget, Utilization and
Disbursements (RBUD)

Object of Expenditures
 Personal Services
o Pertain to all types of employee
benefits
 Maintenance and Other Operating
Expenses (MOOE)
 Financial Expenses
o Pertain to finance costs
 Capital Outlays