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BIR Compliant Accounting System

Mise en ligne le Jeu 26 Mar 2020 - 10:58

    Description :

    Do you know that there are many BIR Compliant Accounting System available in the Philippines? For businesses in the Philippines, Bureau of Internal Revenue (BIR) requires Large Taxpayers to implement a BIR Accredited Computerized Accounting System (CAS) for recording of business transactions and report generation.

    If CAS requirements were met by the Accounting Software, it can be concluded that the System is BIR compliant. Usual functions, features and output of a BIR Accounting System includes recording of Books of Accounts, BIR Forms and Reports, Audit Trail, Modular Reports and Forms.

    QNE Optimum Accounting System is one of the leading BIR Accounting System in the Philippines. QNE Software Philippines, Inc. developed BIR Accounting Software that adapts to the BIR requirements.

    QNE Optimum Accounting System Modules:

    1. General Ledger – recording or summary of financial transactions
    2. Accounts Receivable – under current assets, this is record of Customers balance
    3. Accounts Payable – under current liabilities, this is the record of the company’s debts and obligations to the suppliers
    4. Sales – revenues earned through selling of goods and services
    5. Purchases - purchases of assets or inventory
    6. Inventory – involves goods or items used for sales and production QNE Optimum as a BIR Accounting System QNE Optimum Accounting System maintains Financial, Sales, Purchases and Inventory data that are important for reporting.

    This BIR Accounting System can record VAT and Withholding Taxes for each form based on the latest TRAIN Law computation. The updated BIR Table for VAT and Withholding Tax is available in QNE Optimum and it automatically compute and record the data in the books of accounts.

    QNE Accounting System can record all the operations done in the database giving the company a comprehensive Audit Trail report that includes essential details like date stamp, username, machine, event etc.

    QNE Accounting System can manage Sales and Purchases records through accountable forms which includes Invoices, Bills, Official Receipts, Payment Voucher and Delivery Order.

    QNE as BIR Accounting System can also produce important BIR Forms and Reports such as, 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,BIR Form 1604-E, BIR Certificate 2307 and DAT Files.

    QNE Consultants provide assistance during the BIR Accounting System accreditation process, which includes documentation, meetings and demos.
    Want to know more about QNE Accounting System? Visit our website www.qne.com.ph or call as at 02 5674248 or 02 5674253.

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