Manual accounting systems have been around since ancient scribes began keeping records of taxes, tribute and temple inventories. Computerized accounting systems are barely two generations old, but ...

Accounting is a basic process required to operate any organization. Every debt must be paid in full and on time, and all incoming monies must be noted. Depending upon the size of an organization, ...

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 ...

But when a client sends over a computerized accounting file that has been kept up to date and includes cash and credit card purchases, I’m fairly confident that every eligible deduction will be ...

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 ...

The Philippines remains under various levels of community quarantine due to the COVID-19 pandemic. Government and private offices are temporarily closed or maintain limited operations with alternative ...

Chief financial officers (CFOs) crave accounting systems that are easy to use, and more than half think current complex systems are not intuitive enough, according to a survey by Barclaycard. Almost ...

THE Bureau of Internal Revenue (BIR) said it will no longer require taxpayers to obtain a “permit to use” (PTU) when registering their computerized accounting systems (CAS). BIR Commissioner Caesar R.