About this document
Supplies and Property Accounting Guide by JeykeiPanganiban is a document available to read on EtoBox.
This document outlines accounting procedures for supplies, property, and inventory in local government units. It defines supplies and property as everything except real property needed for public business. Supplies are classified as expendable, with a life of one year or less, or non-expendable, with a life of more than one year. Inventory is accounted for using perpetual and moving average methods. Requisition, acceptance, inspection, and recording procedures are provided to account for the purchase and us
- Author
- JeykeiPanganiban
- Language
- EN