Summary
RMO No. 11-2001 sets the policies and procedures for decentralized issuance of clearance to Accountable Officers (AOs) in the Regional Offices.
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Key points
- Coverage. The Order covers clearance from cash collections, documentary stamps, science stamps, strip stamps and other accountable forms with money value accountabilities (1961 and onward).
- Reconciliation and cash book. AOs must reconcile their subsidiary ledger balances (1961 and onward) early or yearly with the Finance Division of their Regional Office (RO). The audited cash book goes to the Finance Division of the ROs concerned upon change of assignment.
- Signatories. The clearance is signed by the head of office of the clearing AOs/employees, the Chief of the Finance Division of the RO concerned and the Chief of the Revenue Accounting Division.
Who is affected
- Accountable Officers in the Regional Offices
Summary by Tax Resources PH. It is not a substitute for the full text of the issuance or professional advice.
Copies of BIR issuances are hosted here for reference. For the official version, check bir.gov.ph. Summaries by Tax Resources PH are not a substitute for the full text or professional advice.