Are you Ready for BIR Computerized Accounting System?
BIR Computerized Accounting System or CAS is now a requirement by the Bureau of Internal Revenue (BIR) to all Large Taxpayers in the Philippines, to use for an accurate, secure and reliable tax audits. Large Taxpayers or those companies who have been classified as such in accordance with the criteria under Revenue Regulations No. 1-1998 (RR No. 1-98), and has been duly notified by the BIR must acquire and use a BIR CAS which is vital for their business process. BIR CAS can manage all the daily transactions, organize the operations and assure that transactions and postings are compliant with the BIR rulings.
The necessary forms and reports in a BIR Computerized Accounting System
Financial Reports
- General Journal
- Cash Receipt Journal
- Cash Disbursement Journal
- Sales Journal
- Purchase Journal
- General Ledger
- Subsidiary Ledger of Debtor
- Subsidiary Ledger of Creditor
- Trial Balance
- Statement of Financial Position
- Statement of Comprehensive Income.
- Summary List of Sales (SLS)
- Summary List of Purchases (SLP)
- Semestral List of Regular Suppliers (SRS)
Data Files
- RELIEF Sales Data File
- RELIEF Purchases Data File
- QAP Data File
- Annual Witholding Tax Data File (1604E)
- SAWT Data File
Forms and Certificates
- BIR Form 2550M
- BIR Form 2550Q
- BIR Form 1601-EQ
- BIR Form 0619-E
- BIR Form 1604-E
- BIR Form 2307
