Certification of Remittances

 

Regional Payroll System's Certification of Remittances (CoR's) is issued upon presentation of a valid ID's of the employee. It certifies the list of remittances the employee wish to obtain with corresponding Original Receipt (OR) of payments to concerned Government Agencies.  The system generates the CoR and signed by the Regional Finance Officer.

 

Preparation of Remittances to Philippine Government Agencies and PLI's

Payroll System generates the following for the purposes of accurate and timely remittances to government agencies and DepEd Accredited Private Lending Institutions, cut off set every 21st of the month.

 

1. Government Service Insurance System (GSIS)

a. Monthly report (soft copy and abstract)
b. Cancellation of remittances (if there is any)

 

2. Philippine Health Insurance (Philhealth)

a. Monthly report (soft copy and abstract)
b. Philhealth certificate of remittances per employee for hospitalization benefit

 

3. Home Development Mutual Fund (PAG-IBIG Fund)

a. Monthly report (soft copy and abstract)

b. Cancellation of remittances (if there is any)

c. HDMF certificate of remittances per employee for loan purposes, salary loan, housing loan

 

4. Bureau of Internal Revenue (BIR)

a) Monthly tax withheld remittance BIR # 1601C

b) Alphabetical listing (Alphalist BIR #1604CF) at year end for resigned and non-resigned employees. This includes total salaries received per employee, total tax due, withheld, and remitted to the Bureau of Internal Revenue.

c) Preparation of BIR form #2316 for individual employees as proof of income tax payment of the individual. Form 2316 contains details in the Alphalist per employee.

 

5. Private Lending Institutions (PLI’s)

a.     Monthly summary report (soft copy and abstract)

b.    Cancellation of remittances (if there is any)