ACC- 06

Revision Page 1 of
Code: 03 3

Date Effective:
28 January 2021

PREPARATION OF BANK RECONCILIATION STATEMENT

Schedule of Availability of Service:

Monday – Friday 8:00 a.m. – 5:00 p.m. No noon break

Who May Avail of the Service?

COA, ROV

Duration:
7 to 10 days

Flowchart

START

Receive documents for Bank

END
Reconcilliation Preparation.

Request bank statements/snapshot Prepare Transmittal letter and

of bank accounts as of end of the submit to COA
previous month.

Certify correctness of prepared

Receive Report of Checks and statement. Attach to monthly reports for
ADA Issued and bank submission.
statement/snapshot

Set-up ending balances for books and bank. Verify if adjusted balance is reconciled
Identify items for reconciliation (outstanding with the Trial Balance.
checks, unrecorded cash receipts, lapsed NCA Print Bank Reconciliation Statement.
and errors).

Prepared by: Recommended by: Approved by:

PAUL ANDY D. DEBLOIS REX T. BARBIN JOSE L. DONCILLO, CESO V

Department Head Quality Management Representative Schools Division Superintendent

With PRISM and BETTER Schools, we LEAP !

With PRISM and BETTER Schools, We LEAP!
 ACC- 06

Revision Page 2 of
Code: 03 3

Date Effective:
28 January 2021

PREPARATION OF BANK RECONCILIATION STATEMENT

How to avail of the Service?

Duration of
Step Applicant/ Service Provider Activity Person in Fees Form
client (Under Charge
Normal
Circumstan
ces)
Receive documents for Admin. Asst. N/A
1 Bank Reconcilliation II/Receiving
Preparation. Clerk
Request bank Within 1 to 2 Admin. Asst. N/A
statements/snapshot of working III/authorized
2
bank accounts as of end of days employee
the previous month.
Receive Report of Checks Within 5 Admin. Asst. N/A
3 and ADA Issued and bank minutes III/authorized
statement/snapshot employee
Set-up ending balances for Within 1 to 2 Admin. Asst. N/A
books and bank. working III/authorized
Identify items for days employee
4 reconciliation (outstanding
checks, unrecorded cash
receipts, lapsed NCA and
errors).
Verify if adjusted balance is Within 10 Admin. Asst. N/A
reconciled with the Trial minutes III/authorized
5 Balance. employee
Print Bank Reconciliation
Statement.
Certify correctness of Within Accountant N/A
prepared statement. Attach 5minutes III
6
to monthly reports for
submission.

Prepared by: Recommended by: Approved by:

PAUL ANDY D. DEBLOIS REX T. BARBIN JOSE L. DONCILLO, CESO V

Department Head Quality Management Representative Schools Division Superintendent

With PRISM and BETTER Schools, we LEAP !

With PRISM and BETTER Schools, We LEAP!
 ACC- 06

Revision Page 3 of
Code: 03 3

Date Effective:
28 January 2021

PREPARATION OF BANK RECONCILIATION STATEMENT

Prepare Transmittal letter Within 15 Admin. Asst. N/A

7 and submit to COA minutes III/authorized
employee
END OF PROCESS

Prepared by: Recommended by: Approved by:

PAUL ANDY D. DEBLOIS REX T. BARBIN JOSE L. DONCILLO, CESO V

Department Head Quality Management Representative Schools Division Superintendent

With PRISM and BETTER Schools, we LEAP !

With PRISM and BETTER Schools, We LEAP!
 ACC- 06

Revision Page 4 of
Code: 03 3

Date Effective:
28 January 2021

PREPARATION OF BANK RECONCILIATION STATEMENT

Prepared by: Recommended by: Approved by:

PAUL ANDY D. DEBLOIS REX T. BARBIN JOSE L. DONCILLO, CESO V

Department Head Quality Management Representative Schools Division Superintendent

With PRISM and BETTER Schools, we LEAP !

With PRISM and BETTER Schools, We LEAP!
 ACC- 06

Revision Page 5 of
Code: 03 3

Date Effective:
28 January 2021

PREPARATION OF BANK RECONCILIATION STATEMENT

Prepared by: Recommended by: Approved by:

PAUL ANDY D. DEBLOIS REX T. BARBIN JOSE L. DONCILLO, CESO V

Department Head Quality Management Representative Schools Division Superintendent

With PRISM and BETTER Schools, we LEAP !

With PRISM and BETTER Schools, We LEAP!
 ACC- 06

Revision Page 6 of
Code: 03 3

Date Effective:
28 January 2021

PREPARATION OF BANK RECONCILIATION STATEMENT

Prepared by: Recommended by: Approved by:

PAUL ANDY D. DEBLOIS REX T. BARBIN JOSE L. DONCILLO, CESO V

Department Head Quality Management Representative Schools Division Superintendent

With PRISM and BETTER Schools, we LEAP !

With PRISM and BETTER Schools, We LEAP!
 ACC- 06

Revision Page 7 of
Code: 03 3

Date Effective:
28 January 2021

PREPARATION OF BANK RECONCILIATION STATEMENT

Prepared by: Recommended by: Approved by:

PAUL ANDY D. DEBLOIS REX T. BARBIN JOSE L. DONCILLO, CESO V

Department Head Quality Management Representative Schools Division Superintendent

With PRISM and BETTER Schools, we LEAP !

With PRISM and BETTER Schools, We LEAP!