1 |
StepsEstimate annual preliminary GLOC targets to country offices |
Responsible Party
|
Template/Guideline |
Explanatory NotesGLOC target tables include GOC targets in cash and GLOC in-kind contributions |
2 |
StepsIssuance of GLOC targets to country offices |
Responsible Party
|
Template/Guideline |
Explanatory NotesA joint memo from OFM and RBx sent to the Resident Representatives |
3 |
StepsCommunicate GLOC targets and settlement of arrears to Host Governments |
Responsible PartyCountry Offices |
Template/Guideline |
Explanatory Notes |
4 |
StepsCreate a master contract for GLOC cash targets |
Responsible Party
|
Template/Guideline |
Explanatory NotesCash payments from host governments are applied to the respective year’s master |
5 |
StepsClarify any issues related to GLOC cash and in-kind contributions to host governments |
Responsible Party
|
Template/Guideline |
Explanatory NotesSupport will be provided from OFM and Regional Bureau |
6 |
StepsRevise and communicate GLOC targets if necessary, based on the final year-end certification of the GLOC in-kind andGLOC master contracts based on revised final GLOC targets |
Responsible Party, ,
|
Template/Guideline |
Explanatory NotesUpon closure of the year-end certification, OFM reviews and updates in-kind GLOC contributions on annual basis |
6.a. |
StepsReceive GLOC contributions and submit a request through UNALL for all GLOC payments (current, arrears and advance)Send “Thank you” letters to host governments |
Responsible Party
|
Template/Guideline |
Explanatory NotesCO should indicate the contribution amounts with a corresponding GLOC target year including the future years, in case of advance payments. |
6.b. |
StepsApply cash payments to GLOC cash targetsTransfer an annual portion of deferred revenue to the current year target account |
Responsible Party
|
Template/Guideline |
Explanatory NotesCOA- GLOC fund – 00200; accounts: Current year payment – 51015 Arrears payment – 51014 Advance payment – 51017
|
7 |
StepsIssue GLOC performance reports |
Responsible Party
|
Template/Guideline |
Explanatory NotesGLOC performance report is updated automatically from Quantum.Quantum query to be developed.
|
8 |
StepsApply accounting linkage, if any, to outstanding GLOC targets |
Responsible PartyBERA, ,
|
Template/Guideline |
Explanatory NotesBERA – validates and confirms voluntary contributions (VC)GSSC & OFM – determines the amount of accounting linkage from VC and posts the entries in GL Based on voluntary contributions received from host governments, any shortfall in GLOC targets are settled through GLOC accounting linkage
|
9 |
StepsReport annually to UNDP stakeholders and UNDP Executive BoardIssue an appreciation letter for the payment of GLOC cash and in-kind |
Responsible Party, ExO and Regional Bureaux |
Template/Guideline
UNDP financial statements
The United Nations Board of Auditors
Annual review of Financial Situation, table 4 and 8
The Documents for The Executive Board sessions
|
Explanatory NotesA letter from UNDP Associate Administrator is sent after the closure of Contract Module in Quantum upon finalization of revenue entries. |
10 |
StepsReport to UNDP Executive Board through Integrated Budget |
Responsible Party
|
Template/Guideline |
Explanatory NotesIntegrated budget documents |