PHILIPPINE BENEVOLENT MISSIONARIES ASSOCIATION, INC.

San Jose, Dinagat Islands

STANDARD CHART OF ACCOUNTS (SCOA)

(Version 01 - Updated 01.01.2016)

ACCT# ACCOUNT TITLES EXPLANATION

ASSETS
101 Cash on Hand Refers to all cash and cash items collected
101 1 Cash on Hand - General Treasurer
101 2 Cash on Hand - Cashier Main
101 3 Cash on Hand - Chapter Treasurer
101 4 Cash on Hand - SC Treasurer
101 5 Cash on Hand - Coordinating Unit
101 6 Cash on Hand - Management Office
Cash and cash items collected which are deposited in the Association's Depository
102 Cash in Bank Banks
102 1 BDO Surigao City Branch - Current Account PBMA BDO Current Account# 3380027817
102 2 BDO Surigao City Branch - Current Account PBMA-Admin BDO Current Account# 3380050150
102 3 Metrobank Surigao City Branch - Current Account PBMA Inc. - Ecleo, Benglen B. Acct.# 105-608-9
102 4 Land Bank - Dinagat Islands Branch - Current Account PBMA Inc. Current Account# 3782101012
102 5 News MPC - Savings Account Savings Account with News MPC
102 6 Rico Multipurpose Cooperative - Savings Account-1 Savings Account (Golden Jubilee)
102 7 Rico Multipurpose Cooperative - Savings Account-2 Savings Account (ID)
102 8 Water Ups MPC - Savings Account
102 9 Chapter Bank Account Bank Account of Chapter

103 Cash - Revolving Fund Funds allocated for daily operating expenses subject to replenishment

103 1 Cash - Revolving Fund - Main

103 2 Cash - Revolving Fund - Coordinating Unit
103 3 Cash - Revolving Fund - Management Office
103 4 Cash - Revolving Fund - Chapter
103 5 Cash - Revolving Fund - Subchapter

104 Accounts Receivable Receivables from members involving unpaid articles, forms and dues

104 1 Accounts Receivable - Monthly Dues

104 2 Accounts Receivable - Annual
104 3 Accounts Receivable - Others
Amount extended to officers and employees for legitimate expenses wherein the
105 Advances to Officers & Employees exact amount is not known subject to liquidation
106 Office Supplies Inventory Unused Office supplies
Cost of Main Office, Coordinating Units, Management Offices, Chapter, SubChapter
107 Land lots
owned and to be acquired by the association, lots where the buildings in account
107 1 Main Office #108
107 2 Chapter are erected, and communal farms
107 3 Subchapter
107 4 Coordinating Units
107 5 Management Offices

Cost of materials, labor, overhead and major repairs for the construction of the
108 Buildings buildings, offices, cottages, rest houses, function and meeting halls owned by PBMA
Main, Coordinating Units, Chapters and Sub-Chapters

108.1 REESAC
108 2 Divine Master's Shrine
108 3 White Palace
108 4 White Palace - Annex
108 5 White House
108 6 Comet House
108 7 Power House (Shrine)
108 8 Power House (Admin)

Page 1 of 5
ACCT# ACCOUNT TITLES EXPLANATION
108 9 Recording Studio
108 10 Main Office - Old
108 11 Main Office - GTO Annex
108 12 DIMPC Building
108 13 Presidential House - Don Ruben
108 14 Presidential House - Dinagat
108 15 Coordinating Units - NYO Building
108 16 Coordinating Units - 4 Groups Building
108 17 Coordinating Units - PL Building
108 18 Coordinating Units - WL Building
108 19 Coordinating Units - Ushers Building
108 20 Coordinating Units - MSD Building
108 21 Coordinating Units - MGS Building
108 22 Chapter Building
108 23 Sub-Chapter Building
108 24 Article Center

109 Land Improvements Cost of constructing fences, pavements, gates, landscaping, basketball court, tennis
court and the like in the Land per account #108

Vehicles owned by the Association, Coordinating units, Chapters, Sub-chapters and

110 Transportation Equipment that of the First Family if acquired using Association funds

Cost of tables, chairs, cabinets, dining sets, sala sets, beds, lamp shades, electric
111 Furniture, Fixtures & Equipment fans, television sets and shelves
111 1 Gen. Treasurer's Office
111 2 Gen. Secretary's Office
111 3 Board of Directors Office
111 4 Divine Master's Shrine
111 5 White Palace
111 6 White Palace - Annex
111 7 White House
111 8 Comet House
111 9 Power House
111 10 Recording Studio
111 11 Administration Building
111 12 Main Office
111 13 DICCI Building
111 14 Rest Houses
111 15 Presidential House-Don Ruben
111 16 Presidential House-Dinagat
111 17 Coordinating Units Buildings|Offices
111 18 Chapter|Sub-Chapter Buildings
112 Office Machines and Equipment
113 Power Generation Equipment Facilities used for power generation
114 Sounds & Musical Equipment Cost of stereo, karaoke, combo/orchestra equipment, microphones
amplifiers, speakers, VCD players, and other similar equipment
Curtains, Beddings, Blankets, Towels, Table Cloth, Mosquito Nets, Pillows, Pillow
115 Linnen and Matressess Case, Carpet,
115 1 Divine Master's Shrine
115 2 White Palace
115 3 White Palace - Annex
115 4 White House
115 5 Comet House
115 6 Recording Studio
115 7 REESAC
115 8 Main Office
116 Kitchen Wares and Equipment Kitchen wares, Stoves, Oven
all other equipment not enumerated above with a life span of more than one year
117 Miscellaneous Equipment including Master's belongings

Page 2 of 5
ACCT# ACCOUNT TITLES EXPLANATION

Ongoing constructions which include materials, labor and overhead. It should be

118 Construction Work in Progress classified per project or construction work in progress account.

119 Accumulated Depreciation Accumulated depreciation of Assets except Land

Investments, Copyrights, Leasehold improvement and other assets not mentioned
120 Other Assets above

Page 3 of 5
ACCT# ACCOUNT TITLES EXPLANATION
LIABILITIES
Amount payable to the Grand Master like CH, Cash gifts, Master's allowances which
201 Accounts Payable - Grand Master should be remitted to Him
Amount payable to Master Ruben M. Ecleo I like travel allowances, cash gifts and
202 Accounts Payable - Master Ruben M. Ecleo I other amounts payable to Sir Ruben

Amount payable to Presidential Party like travel allowances, incentives, share in the
203 Accounts Payable - Presidential Party attendance, sale of articles and other amounts due to the Presidential Party

204 Accounts Payable - NPP Amount payable for National Priority Project
205 Accounts Payable - Admin Building Donation Amount payable for the REESAC construction
206 Accounts Payable - ITO Amount payable to ITO for the PBMA IDs
207 Accounts Payable - Sale of Bulod-bolod Lots Amount payable to PBMA Resettlement Project
208 Accounts Payable - Master's Projects Amount payable for Master's Projects like Biogas and the like
Amount payable to the Coordinating Units, Suppliers of articles, equipment, office
209 Accounts Payable - Others supplies, gas and oil and all other items
210 Loans Payable Amount borrowed from financial institutions and individuals
Amount payable to BIR, LGUs for taxes, licenses and permits including the
211 Taxes Payable withholding taxes not yet remitted

EQUITY
Accumulated excess of receipts over disbursements reduced by the excess of
301 Equity disbursements over receipts
302 Incremental Valuation of Assets Fair market value|Apparaised values of assets

RECEIPTS
401 Monthly Dues P50 or more collected per member monthly
402 Annual Fee Amount collected annually as annual dues

403 Membership Fees Fees collected from new members for registration, IDs and membership forms

404 Donations
404 1 Medical|Legal Amount given for the medical|legal expenses of Master
404 2 Attendance Amount given during meetings, seminars and conferences as attendance fees
404 3 Pahina Amount given to substitute actual labor during pahina
404 4 Fund raising activities Proceeds from Raffle Tickets, candidates, caroling, etc.
404 5 Percentage from sale of Articles Percentage from sale of articles to members
404 6 Chapter Conference
404 7 Others Donations other than those enumerated above
Proceeds from sale of Official Receipts, Provisional Receipts, Vouchers and other
405 Sale of Office Supplies and Forms PBMA Forms
406 Miscellaneous Receipts Interest income on bank deposits, rentals, and all other receipts
not enumerated above

EXPENSES
Subsistence and Allowances for the First Family, allowances for the maintenance of
501 Association Maintenance Mansion, Shrine, White House and REESAC
502 Office Supplies Expense Office supplies used
Bills for electricity and water used, fuel & oil for power generation of Mansion,
503 Light, Water & Power Shrine, White House and REESAC including freight in hauling fuel and oil for power
generation
504 Personnel Allowances|Honoraria|Incentives Amount paid to the personnel and officers for their services
505 Board of Directors Per Diems & Allowances Per diems and allowances given to the Board of Trustees

506 Transportation Expense Fuel & oil for transport equipment, travel expences, vehicle registration

507 Taxes & Licenses Amount paid to BIR, LGU's for taxes, licenses and permits
Telephone bills, prepaid cards for cellphones, speed mails, emails, internet fees,
508 Communication & Postage telegraph and stamps
509 Mutual Benefit Financial assistance to the sick and the family of departed members
510 Repairs & Maintenance Cost of repairs and spare parts of all assets
511 Representation Expense Meals, snacks and other expenses incurred for entertaining visitors
512 Meetings|Seminars|Conference|Events Expense Expenses during meetings, seminars, conferences and events
513 Interest Expense Cost charged for borrowed money

Page 4 of 5
ACCT# ACCOUNT TITLES EXPLANATION
Periodic estimate of loss of value assets due to wear and tear and amortization of
514 Depreciation|Amortization Expense leasehold improvements and other assets
515 Miscellaneous Expenses All other expenses not included in the above-mentioned expenses

Page 5 of 5