DIR Return Create A Forum - Home
       ---------------------------------------------------------
       QNE Software Philippines, Inc.
  HTML https://qnesoftwareph.createaforum.com
       ---------------------------------------------------------
       *****************************************************
   DIR Return to: General Discussion
       *****************************************************
       #Post#: 19--------------------------------------------------
       FACTORS IN SELECTING BIR ACCOUNTING SOFTWARE
   DIR By: Admin
       Date: April 3, 2020, 1:02 am
       ---------------------------------------------------------
       Before acquiring an Accounting Software, the decision maker must
       consider the BIR Readiness of the System for the business to
       remove the possibility of acquiring a new BIR accounting
       software that already complies with the Bureau of Internal
       Revenue’s (BIR) requirements for accredited Computerized
       Accounting Software (CAS). How to know if the Accounting System
       is BIR Ready?
       For the businesses in the Philippines, there are rules and
       regulations that must be followed, one of these is for BIR
       accounting software especially for Large Taxpayers who are
       required to use CAS. There are key features that an Accounting
       System possesses for it to be accredited by the BIR.
       BIR Accounting Software Features:
       1. Recording of Books of Accounts. Books of Account is the
       recording of daily business transactions. The record is required
       when a Taxpayer applies for Certificate of Registration (COR).
       2. Generation of BIR Forms and Reports. These documents must
       include, Summary List of Sales (SLS), Summary List of Purchases
       (SLP), Semestral List of Regular Suppliers (SRS), BIR Form
       2550M, BIR Form 2550Q, BIR Form 1601-EQ, BIR Form 0619-E and BIR
       Form 1604-E and BIR Certificate 2307.
       3. Audit Trail. To keep track of the transactions made in the
       BIR accounting software an Audit Trail recording must be
       available for the database security. The Audit Trail record must
       include the date and time, event, username, machine used,
       document number and document type.
       4. Module Based Reporting. Reports must include Financial
       Reports like, General Ledger, Subsidiary Ledger of Debtor,
       Subsidiary Ledger of Creditor, Trial Balance, Statement of
       Financial Position, Statement of Comprehensive Income, Sales and
       Purchases related reports and Stock Reports.
       5. Accountable Forms. These are the forms namely, Sales Invoice,
       Billing Invoice, Official Receipt, Delivery Order for companies
       that maintain Stock Items, Payment Voucher, Purchase Invoice,
       Purchase Order, Journal Voucher, Collection/ Acknowledgement or
       Provisional Receipts.
       There are several Software Companies in the Philippines who
       provides BIR accounting software that includes the
       above-mentioned features. On of these software companies is QNE
       Software Philippines, Inc., who developed a powerful BIR
       accounting software that complies with the requirements of a
       Computerized Accounting System (CAS).
       To know more dial 02 5674248 or 02 5674253 and visit QNE
       Software Philippines Inc.
       *****************************************************
       Page 1 of 1