Form/ Registry/ Report Description Responsible
Person
Inventory Custodian Slip To issue tangible items Property and/or
(ICS) amount to less than Supply
₱50,000.00 to end-user to Division/Unit
establish accountability
Registry of Semi- To record the issue, return, Property and/or
Expendable Property reissue, disposal, and other Supply
Issued (RegSPI) information; maintained by Division/Unit
fund
Inventory Transfer Report Used every time there is a Accountable
(ITR) transfer of inventory Officer/ Employee
Receipt of Returned Semi- For returned sei-expendable Accountable
Expendable Property property whether serviceable Officer
(RRSP) or unserviceable
Report of Semi- To report/summarize all Property and/or
Expendable Property issued semi-expendable Supply
Issued (RSPI) property at least weekly Division/Unit
Report on the Physical To report the physical count Accountable
Count of Semi-Expendable of semi-expendable Officer/ Employee
Property (RPCSP) property, which are owned
by the agency, by type of
property still in the custody
of the Property and/or
Supply Division/Unit as at a
given date.
Report of Lost, Stolen, To report or notify within 30 Accountable
Damaged or Destroyed days the officials concerned Office/ Employee
Semi-Expendable Property of the loss, theft, damage or
(RLSDDSP) destruction of the semi-
expendable property
whether issued or unissued.
Inventory and Inspection To account for all Property and/or
Report of Unserviceable unserviceable semi- Supply
Semi-Expendable Property expendable property of an Division/Unit
(IIRUSP) entity which is subject to
disposal.
8.3 Relative thereto, in CY 2024, the Commission issued COA Circular No. 2024-006,
dated March 14, 2024, which serves as a supplemental guideline for implementing
COA Circular No. 2022-004. Section 3.4 emphasizes that an Inventory Custodian
Slip (ICS) shall be issued to the end-user of semi-expendable property to establish
accountability over such item.
8.4 We would also like to draw Management’s attention to Annex B of the Circular,
which delineates the new accounts that will be utilized. Additionally, Annex C
provides illustrative accounting entries for various cases.
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