Pag-IBIG Fund Corporate Headquarters Petron MegaPlaza 358 Sen. Gil Puyat Avenue, Makati City ACCOUNTING MEMORANDUM ORDER NO. 2022 -_012_ TO : ALL CONCERNED FROM =: THE DEPUTY CHIEF EXECUTIVE OFFICER ‘Support Services Cluster SUBJECT : ACCOUNTING FOR PAYMENT OF REAL PROPERTY TAX (RPT) FOR PAG-IBIG FUND’S INVESTMENT PROPERTIES - REAL AND OTHER PROPERTIES ACQUIRED (IP - ROPA} ee EEEEEEannmmeeeeed A. OBJECTIVE This Accounting Memorandum Order (AMO) provides the policies and procedures for the proper accounting for payment of Real Property Tax (RPT) for the Investment Property - Real and Other Properties Acquired (IP- ROPA). B, RESPONSIBILITY 1. The Department Manager _Ill/ Officer-in-Charge of Loans Accounting Department (LAD)Loans Support Services Department. (LSSD)/Loans Managemient and Recovery Departinent (LMRD) (Large/Medium HBC)/ Housing Business Center (Small HBC) and Head of Technical and Administrative Support (TAS) with direct supervision to accounting units shall ensure timely and proper accounting of financial transactions related thereto. 2. The accounting units responsible in’ the generation and validation of joumal entries are as follows: 2.1 Cash and Administrative Support Division (CASD) - TAS. 2.2. Cash Disbursement Division (CDD) - LSSD 2.3 General Accounting and Budget Management Division (GABMD) - TAS 2.4 Housing Leans Accounting Division (HLAD) — LMRD/HBC 2.5 Other Housing Related Accounts Ledgeting and Ledgering Support Division (OHRALLSD) — LAD C. PROCEDURE Refer to HAP —AA—024: Procedure on Payment of Real Property Tax (RPT) for Pag-IBIG Fund Real and Other Properties Acquired (ROPA). Page t of 2D. PRO-FORMA ENTRIES 4. Payment of Real Property Tax 4.1 GABMD—LAD/ TAS - Originating Journal Entry (OJE) Account Account Title Code Dr | Cr OHRALLSDIHLAD 8-98-790/750 | xx Vouchers Payable 881-401 a 1.2 OHRALLSD — LAD/HLAD — LMRD/HBC ~ Responding Journal Entry (RUE) Account Account Tite eeount | Dy | or Real Estate Taxes —IP ROPA 421-200 | x GABMD 808-711 xx 1.3 CDD-LSSD/CASD = TAS - OJE Account Title Reco | or | cr @asMD aoe7it | x LBP Working Fund 8-70-00 x 1.4 GABMD - LAD/TAS - RJE Account Account Title sccount br | cr Vouchers Payable 8-81-401 XX CDDICASD 8-98-Txx ea ‘This AMO shall take effect immediately: ATTY. ROBERT JOHN S. COSICO pyre 2022 b cati City Page 2 of 2