Category Archives: Uncategorized

1.7 Accounting in a Business Environment

In reality, accounting is everywhere in a business—even if you don’t notice it. Every time you: —you are already using accounting. From my perspective: In Operations Accounting tracks daily activities. In Compliance It ensures proper reporting to the Bureau of … Continue reading

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Review on BIR’s New Invoicing Rules: Key Changes in RR No. 7-2024 and 11-2024

Upon the Effectivity of these Revenue Regulations. INVOICE will be the primary documents for both Trading and Service type of businesses. As Illustrated above: 1.) There’s no effect on Trading businesses on the invoicing requirements. Sales Invoice as primary documents … Continue reading

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