Before the advent of fast and cheap computers, accounting traditionally was processed manually with all transactions recorded in columnar papers and kept in voluminous binders. Once computers became ...

Manual accounting systems are easy to use and cost next to nothing, which makes them ideal for small business owners. Unfortunately, they cannot match the advantages of computerized accounting. The ...

In a field where profit is essential, business owners need to stay on top of their company’s financial activities. This act will ensure that the money goes where it needs to go. Hence, accounting–the ...

Let’s demystify which tools are truly necessary in the complicated accounting software realm. Nailing down the perfect accounting software can make or break your entire operation. Yet, with many ...

On August 3, 2000, the Bureau of Internal Revenue (BIR) issued Revenue Memorandum Order (RMO) 21-2000, which basically prescribes the policies and procedures in the processing and approval of taxpayer ...

MANILA, Philippines — There are over 3,780 large taxpayers nationwide, many of whom are not compliant to the Bureau of Internal Revenue Regulation 9-2009 requiring large taxpayers to have a ...