RMO 15-2205 Digest

To prescribe the policies and procedures on recording of collections, tax receivables and acquired assets in compliance with the reportorial requirements of the Commission on Audit-Government Accounting Standards.

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Index unit: bir-text-rmo-15-2205-digest
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RMO No. 15-2025 (issued March 21, 2025) prescribes BIR internal policies and procedures for recording collections, tax receivables, and acquired assets in compliance with Commission on Audit-Government Accounting Standards reportorial requirements. It sets deadlines for submitting consolidated Trial Balances, FS and Supporting Schedules to COA; requires monthly interim trial balances via eNGAS; governs transfers between collection books using approved Journal Entry Vouchers within two days; directs that constructive receipt of tax revenue from SARO be debited to CTRA instead of CTADR; mandates quarterly Notes to FS disclosures on tax receivables (per IPSAS 19) and acquired assets; and prescribes reports and deadlines among RFD, RCD, RAD and ARMD.