Enterprise Resource Planning is a unified management of business processes. Such management is using an ERP Software with real-time posting. ERP System is very important to Large Companies because in can generate data for analysis....

ERP Software has a lot of modules to offer but what are the modules that are often very important to a business when acquiring an ERP Software. Here is the list: 1. PROJECT MANAGEMENT MODULE IN ERP SOFTWARE...

ERP SOFTWARE HAS A LOT OF BENEFITS FOR A COMPANY BUT HERE ARE THE TOP 5 BENEFITS OF AN ERP SOFTWARE. 1. PRODUCTIVITY An ERP Software helps in recording transactions or doing

There are many considerations in knowing how much and ERP Software would cost, there’s the size of the business, business requirements and how big is the coverage of the ERP Software to the company. By knowing the these factors the decision...

First, what is BIR Form 2316? It is the Certificate of Compensation Payment or Income Tax Withheld. Employers are required to withhold taxes from employee’s salary based on the latest TRAIN Law which must reflect in the BIR Form 2316...

Certificate of Creditable Tax Withheld At Source or commonly known as BIR Form 2307 displays the income subjected to expanded withholding tax paid by the withholding agent. In the Books of Accounts, it is accounted for as an asset...

BIR Form 1601-EQ is the Quarterly Remittance Return of Creditable Income Taxes Withheld (Expanded) for every third month of each taxable year. BRIEF BACKGROUND The Bureau of Internal Revenue (BIR) issued Revenue Memo...

Expanded Withholding Tax or EWT is a kind of Withholding Tax imposed on income payments and is creditable against the income tax due of the payee for the taxable quarter/year in which the income was earned.

Heads up! There is a new SSS Contribution Table for 2019! Under the Circular No. 2019-005 addressed to All Employers (ER), Employees (EE), Self-employed, Voluntary and Non-working spouse members there will be....

BIR Deadline is almost near! All Taxpayers are required to pass their Annual Tax Returns on or before April 15. Bureau of Internal Revenue has set the standard that every April 15th of the Year, Taxpayers must submit the individual Annual Income Tax Return (ITR) and

Imagine a company with more than 250 Employees, each employee is using a computer and they are working hand in hand towards achieving the same business goal, but each computer is...

WHAT IS A COMPUTERIZED ACCOUNTING SYSTEM (CAS)? As per Bureau of Internal Revenue (BIR) website, CAS refers to the integration of different component systems to produce computerized books of accounts and computer-generated accounting...