7 Region 8 gov't offices cited for implementing electronic accounting
Tacloban City (April 23) -- Seven government agencies and local government units have recently been cited as pioneering implementers in Eastern Visayas of the electronic new government accounting system (e-NGAS).
The Association of Government Accountants of the Philippines (AGAP), Inc. - Eastern Visayas Chapter and the Commission on Audit Region 8 presented a plaque of recognition and P1,000.00 to the City Government of Calbayog, the City Government of Ormoc, Department of Budget and Management Region 8, Department of Public Works and Highways Regional Office No. 8, the Bureau of Internal Revenue Revenue Region 14 (Eastern Visayas) and the Provincial Government of Leyte.
The awards were given in recognition of the local government units and national line agencies' sustained quest for quality and excellence in Government Financial Management.
The presentation was done during the Recognition Night as part of the 4th AGAP, Inc.-Eastern Visayas Regional Seminar-Workshop conducted on April 11 - 13 at the Biliran Garden Resort in Naval, Biliran.
With its extensive features and services, e-NGAS simplifies government accounting, yet provides adequate internal controls, and reliable and timely financial management information without sacrificing data integrity and fiscal transparency.
e-NGAS is the computerized version of the New Government Accounting System which the Commission on Audit has developed. It is now being rolled out in National Government Agencies (NGA) and Local Government Units (LGU). For the Government Owned and/or Controlled Corporations (GOCCs), the effectivity date of implementation of the manual version of NGAS was on January, 2005. The e-NGAS was implemented starting the same year. The accounting software will be given to the agencies free of charge.
The unique features of e-NGAS include the provision of templates for common transaction to facilitate their recording, provision of on-line preparation, review, approval and posting of journal entries to the General Ledger and the respective Subsidiary Ledgers and the electronic generation of the depreciation schedule of Agency properties to serve as the basis for the corresponding adjusting entry.
What is good about the e-NGAS is that it has basic control features which are inherent in it. For one, unauthorized users can only make three attempts at logging on before the system shuts off. Another is that transactions cannot be posted to the general ledger until they have been posted to the subsidiary ledger and that the details balance with the general ledger control total. Further, the system user can access data and make changes to entries only to the extent that these data have been defined in the System Set-up. (PIA 8) [top]