Professional Documents
Culture Documents
(CIPLC)
INSTRUCTIONS
A. The CIPLC shall be kept in the Accounting Unit for each project. The Accounting Staff in
charge in maintaining the CIPLC shall record promptly the construction costs and other
information about the asset constructed. It shall be maintained per fund cluster.
B. At the end of each month, the subsidiary ledger balance shall be reconciled with the
corresponding controlling account.
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