What are the Basics of Journal Entry in Accounting?

Failure to account for anything even if the business is profitable could equate to failure. Accounting is the systematic recording of the financial transactions of businesses from income from sales…

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What are Purchase Orders For and When Should You Use Them?

People often use purchase orders and invoices interchangeably. But here’s the thing, they're entirely different documents that each have their own specific purpose. However, expert accounting services in the Philippines…

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Business Owners Beware: What is a BIR Audit

The tax system of the Philippines is founded on discretionary deference. This means that it is up to the taxpayer to decide which taxes to pay, how to comply with…

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Attention: PH Citizens with a Foreign Source Income

Are you working with foreign clients but with Filipino citizenship and residence? Do you have foreign income yet considered a domestic owned corporation domiciled in the PH? Are you concerned…

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How to Verify a Lost or Forgotten TIN

Tax & accounting services in Pasig, Metro Manila say you can recover or authenticate your TIN using several methods. You are only assigned one TIN for life.

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