{"id":8799,"date":"2021-05-20T10:11:38","date_gmt":"2021-05-20T02:11:38","guid":{"rendered":"https:\/\/qne.cloud\/ph\/?p=8799"},"modified":"2026-04-27T14:35:11","modified_gmt":"2026-04-27T06:35:11","slug":"bir-form-2550m","status":"publish","type":"post","link":"https:\/\/qne.cloud\/ph\/bir-form-2550m\/","title":{"rendered":"All About BIR Form 2550M"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"8799\" class=\"elementor elementor-8799\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"elementor-element elementor-element-41e262b e-flex e-con-boxed e-con e-parent\" data-id=\"41e262b\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-778972f elementor-widget elementor-widget-spacer\" data-id=\"778972f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ee2131b elementor-widget elementor-widget-heading\" data-id=\"ee2131b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">All About BIR Form 2550M<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a251cc7 elementor-widget elementor-widget-spacer\" data-id=\"a251cc7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-b33f120 e-flex e-con-boxed e-con e-parent\" data-id=\"b33f120\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-76d0856 elementor-widget elementor-widget-image\" data-id=\"76d0856\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/qne.cloud\/wp-content\/uploads\/sites\/7\/2021\/05\/BIR-Form-2550M.jpg\" title=\"\" alt=\"BIR Form 2550M\" loading=\"lazy\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a40f442 e-n-tabs-mobile elementor-widget elementor-widget-n-tabs\" data-id=\"a40f442\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"nested-tabs.default\">\n\t\t\t\t\t\t\t<div class=\"e-n-tabs\" data-widget-number=\"172028994\" aria-label=\"Tabs. Open items with Enter or Space, close with Escape and navigate using the Arrow keys.\">\n\t\t\t<div class=\"e-n-tabs-heading\" role=\"tablist\">\n\t\t\t\t\t<button id=\"e-n-tab-title-1720289941\" data-tab-title-id=\"e-n-tab-title-1720289941\" class=\"e-n-tab-title\" aria-selected=\"true\" data-tab-index=\"1\" role=\"tab\" tabindex=\"0\" aria-controls=\"e-n-tab-content-1720289941\" style=\"--n-tabs-title-order: 1;\">\n\t\t\t\t\t\t<span class=\"e-n-tab-title-text\">\n\t\t\t\tWHAT IS BIR FORM 2550M?\t\t\t<\/span>\n\t\t<\/button>\n\t\t\t\t<button id=\"e-n-tab-title-1720289942\" data-tab-title-id=\"e-n-tab-title-1720289942\" class=\"e-n-tab-title\" aria-selected=\"false\" data-tab-index=\"2\" role=\"tab\" tabindex=\"-1\" aria-controls=\"e-n-tab-content-1720289942\" style=\"--n-tabs-title-order: 2;\">\n\t\t\t\t\t\t<span class=\"e-n-tab-title-text\">\n\t\t\t\tWHO MUST FILE BIR FORM 2550M?\t\t\t<\/span>\n\t\t<\/button>\n\t\t\t\t<button id=\"e-n-tab-title-1720289943\" data-tab-title-id=\"e-n-tab-title-1720289943\" class=\"e-n-tab-title\" aria-selected=\"false\" data-tab-index=\"3\" role=\"tab\" tabindex=\"-1\" aria-controls=\"e-n-tab-content-1720289943\" style=\"--n-tabs-title-order: 3;\">\n\t\t\t\t\t\t<span class=\"e-n-tab-title-text\">\n\t\t\t\tWHEN TO FILE BIR FORM 2550M?\t\t\t<\/span>\n\t\t<\/button>\n\t\t\t\t<button id=\"e-n-tab-title-1720289944\" data-tab-title-id=\"e-n-tab-title-1720289944\" class=\"e-n-tab-title\" aria-selected=\"false\" data-tab-index=\"4\" role=\"tab\" tabindex=\"-1\" aria-controls=\"e-n-tab-content-1720289944\" style=\"--n-tabs-title-order: 4;\">\n\t\t\t\t\t\t<span class=\"e-n-tab-title-text\">\n\t\t\t\tBIR FORM 2550M SAMPLE\t\t\t<\/span>\n\t\t<\/button>\n\t\t\t\t\t<\/div>\n\t\t\t<div class=\"e-n-tabs-content\">\n\t\t\t\t<div id=\"e-n-tab-content-1720289941\" role=\"tabpanel\" aria-labelledby=\"e-n-tab-title-1720289941\" data-tab-index=\"1\" style=\"--n-tabs-title-order: 1;\" class=\"e-active elementor-element elementor-element-ba7fb70 e-con-full e-flex e-con e-child\" data-id=\"ba7fb70\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-00e1863 elementor-widget elementor-widget-text-editor\" data-id=\"00e1863\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p style=\"text-align: justify;\"><span style=\"font-size: 12pt;\">BIR Form 2550M or the Monthly Value-Added Tax Declaration is a form imposed on sales goods and services. An indirect tax (VAT) that is passed to the buyers who consumes the products and services.<\/span><\/p><p style=\"text-align: justify;\"><span style=\"font-size: 12pt;\"><span style=\"color: #808080;\"><a style=\"color: #808080;\" href=\"https:\/\/en.wikipedia.org\/wiki\/Value-added_tax\" target=\"_blank\" rel=\"noopener\">VAT<\/a> <\/span>or Value Added Tax is an indirect tax which is passed to the buyer who consumes the goods or services.<\/span><\/p><p>\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div id=\"e-n-tab-content-1720289942\" role=\"tabpanel\" aria-labelledby=\"e-n-tab-title-1720289942\" data-tab-index=\"2\" style=\"--n-tabs-title-order: 2;\" class=\" elementor-element elementor-element-7f08438 e-con-full e-flex e-con e-child\" data-id=\"7f08438\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-3602309 elementor-widget elementor-widget-text-editor\" data-id=\"3602309\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p style=\"text-align: justify;\"><span style=\"font-size: 12pt;\">This form shall be filed in triplicate by the following taxpayers;<\/span><\/p><ol style=\"text-align: justify;\"><li><span style=\"font-size: 12pt;\">VAT-registered person; and<\/span><\/li><li><span style=\"font-size: 12pt;\">Person required to register as a VAT taxpayer but failed to register.<\/span><\/li><\/ol><p style=\"text-align: justify;\"><span style=\"font-size: 12pt;\">Also, individuals and businesses who sell goods or services which are subject to VAT, and if the total amount of their actual gross sales exceeds up to \u20b13,000,000.00.<\/span><\/p><p>\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div id=\"e-n-tab-content-1720289943\" role=\"tabpanel\" aria-labelledby=\"e-n-tab-title-1720289943\" data-tab-index=\"3\" style=\"--n-tabs-title-order: 3;\" class=\" elementor-element elementor-element-1a8990a e-con-full e-flex e-con e-child\" data-id=\"1a8990a\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-14df547 elementor-widget elementor-widget-text-editor\" data-id=\"14df547\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p style=\"text-align: justify;\"><span style=\"font-size: 12pt;\">For Manual Filling, BIR Form 2550M shall be submitted not later than the 20th day following the close of the month.<\/span><\/p><p style=\"text-align: justify;\"><span style=\"font-size: 12pt;\">And for EFPS Filling, below are the schedule set forth in RR No. 26-2002:<\/span><\/p><ol style=\"text-align: justify;\"><li style=\"list-style-type: none;\"><ol><li><span style=\"font-size: 12pt;\">Group A: Twenty-five (25) days following end of the month<\/span><\/li><li><span style=\"font-size: 12pt;\">Group B: Twenty-four (24) days following end of the month<\/span><\/li><li><span style=\"font-size: 12pt;\">Group C: Twenty-three (23) days following end of the month<\/span><\/li><li><span style=\"font-size: 12pt;\">Group D: Twenty-two (22) days following end of the month<\/span><\/li><li><span style=\"font-size: 12pt;\">Group E: Twenty-one (21) days following end of the month<\/span><\/li><\/ol><\/li><\/ol><p>\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div id=\"e-n-tab-content-1720289944\" role=\"tabpanel\" aria-labelledby=\"e-n-tab-title-1720289944\" data-tab-index=\"4\" style=\"--n-tabs-title-order: 4;\" class=\" elementor-element elementor-element-1287f23 e-flex e-con-boxed e-con e-child\" data-id=\"1287f23\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-498ed09 e-con-full e-flex e-con e-child\" data-id=\"498ed09\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-c8d51d2 elementor-widget elementor-widget-text-editor\" data-id=\"c8d51d2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-size: 12pt;\">Updated BIR Form 2550M Sample<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c8b3809 elementor-widget elementor-widget-image-gallery\" data-id=\"c8b3809\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image-gallery.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-image-gallery\">\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ab40235 elementor-widget elementor-widget-text-editor\" data-id=\"ab40235\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p style=\"text-align: justify;\"><span style=\"font-size: 12pt;\">In QNE Optimum <span style=\"color: #e4ab00;\"><a style=\"color: #e4ab00;\" href=\"https:\/\/qne.cloud\/ph\/\">Accounting System<\/a><\/span>, BIR Form 2550M, <span style=\"color: #e4ab00;\"><a style=\"color: #e4ab00;\" href=\"https:\/\/qne.cloud\/ph\/bir-form-2307\/\">BIR Form 2307<\/a><\/span> and other BIR Forms and Reports can be easily generated when the company records the Billing Statements, Purchase Invoices or in Payment Vouchers or Bills.&nbsp;<\/span>N3 AI Accounting (formerly&nbsp;<span style=\"font-size: 12pt;\">QNE Accounting System) also provides accurate values that allows the company or individual to have more time in other tasks.&nbsp;<\/span>N3 AI Accounting (formerly&nbsp;<span style=\"font-size: 12pt;\">QNE Accounting System) will greatly help you prepare your BIR Forms ahead of your deadlines!<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 12pt;\">If you are interested in upgrading to a BIR-Ready Online Accounting System, take your accounting to a whole new level and unleash the power of AI with&nbsp;<\/span>N3 AI Accounting (formerly&nbsp;<span style=\"font-size: 12pt;\">QNE Cloud Accounting Software). Create your<\/span><span style=\"font-size: 12pt; color: rgb(228, 171, 0);\"> <a style=\"color: #e4ab00;\" href=\"https:\/\/account.qne.cloud\/#\/passport\/register?utm_source=WS&amp;utm_medium=B&amp;utm_campaign=052021-5\" data-wplink-edit=\"true\">FREE&nbsp;<\/a><\/span><font color=\"#e4ab00\">N3 AI Accounting (formerly&nbsp;<\/font><span style=\"font-size: 12pt; color: rgb(228, 171, 0);\"><a style=\"color: #e4ab00;\" href=\"https:\/\/account.qne.cloud\/#\/passport\/register?utm_source=WS&amp;utm_medium=B&amp;utm_campaign=052021-5\" data-wplink-edit=\"true\">Cloud Accounting) Plan<\/a> <\/span><span style=\"font-size: 12pt;\">now!<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>All About BIR Form 2550M WHAT IS BIR FORM 2550M? WHO MUST FILE BIR FORM 2550M? WHEN TO FILE BIR FORM 2550M? BIR FORM 2550M SAMPLE BIR Form 2550M or [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":8856,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_EventAllDay":false,"_EventTimezone":"","_EventStartDate":"","_EventEndDate":"","_EventStartDateUTC":"","_EventEndDateUTC":"","_EventShowMap":false,"_EventShowMapLink":false,"_EventURL":"","_EventCost":"","_EventCostDescription":"","_EventCurrencySymbol":"","_EventCurrencyCode":"","_EventCurrencyPosition":"","_EventDateTimeSeparator":"","_EventTimeRangeSeparator":"","_EventOrganizerID":[],"_EventVenueID":[],"_OrganizerEmail":"","_OrganizerPhone":"","_OrganizerWebsite":"","_VenueAddress":"","_VenueCity":"","_VenueCountry":"","_VenueProvince":"","_VenueState":"","_VenueZip":"","_VenuePhone":"","_VenueURL":"","_VenueStateProvince":"","_VenueLat":"","_VenueLng":"","_VenueShowMap":false,"_VenueShowMapLink":false,"footnotes":""},"categories":[26,20],"tags":[],"class_list":["post-8799","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bir-new-and-updates","category-blog-post"],"_links":{"self":[{"href":"https:\/\/qne.cloud\/ph\/wp-json\/wp\/v2\/posts\/8799","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/qne.cloud\/ph\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/qne.cloud\/ph\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/qne.cloud\/ph\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/qne.cloud\/ph\/wp-json\/wp\/v2\/comments?post=8799"}],"version-history":[{"count":0,"href":"https:\/\/qne.cloud\/ph\/wp-json\/wp\/v2\/posts\/8799\/revisions"}],"wp:attachment":[{"href":"https:\/\/qne.cloud\/ph\/wp-json\/wp\/v2\/media?parent=8799"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/qne.cloud\/ph\/wp-json\/wp\/v2\/categories?post=8799"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/qne.cloud\/ph\/wp-json\/wp\/v2\/tags?post=8799"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}