How many days must the cash advance for payroll charged against Barangay Funds be liquidated within?

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The requirement for liquidating cash advances for payroll charged against Barangay Funds is that it must be done within a specific time frame to ensure proper financial management and accountability. Liquidating within 5 days ensures that the funds are accounted for in a timely manner, allowing the local government to effectively manage its cash flow and maintain accurate records of expenditures. This timeline helps prevent any misuse or mismanagement of funds and facilitates a more transparent financial administration. Timely liquidation is vital in upholding the principles of accountability and efficiency in the governance of local funds.

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