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Accounting Directory

ACCOUNTING THEORY

What is Accounting? Definition and Meaning

Accounting Objectives

Introduction to Basic Bookkeeping

Analysis and Interpretation of Financial Statements

Accounting Theory

Basic Accounting Principles and Guidelines

RECEIVABLE ACCOUNTING

Collection Letter

PAYABLE ACCOUNTING

INVENTORY ACCOUNTING

PAYROLL ACCOUNTING

13th Month Pay Computation

VALUE ADDED TAX

Guide on VAT Relief Data Entry

TAX CALENDAR

Tax Calendar - February 2020
Tax Calendar - January 2020
Tax Calendar - January 2019

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Rjb Accounting

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Accounting Theory3
Auditing3
BIR Registration1
Bookkeeping1
Cash Management1
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Introduction to Accounting2
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Guide on VAT Relief Data Entry

The BIR Relief application is the tool used by VAT taxpayers for their quarterly sales and purchases data. A – VAT RELIEF FOR SALES TRANSACTIONS 1. At Main Menu, click SALES button. 2. At Sales Transaction Menu, enter applicable month and year; then click ADD/UPDATE button. 3. At Sales Data Entry Screen, click ADD button. 4. Enter TIN—— if new data, input other details (e.g. Registered Name for Non-Individuals or Individuals, and address); otherwise, details will be automatically shown. 5. Enter amount of Gross Taxable Sales (Total Invoice Amount) 6. Enter amount on either Exempt or Zero-Rated or if there is no value, press ENTER . Taxable Sales will automatically filled-in, then press ENTER . 7. Enter VAT rate à 12% 8. Click SAVE button 9. Repeat steps nos. 3 to 8 for next sales transaction. 10. When finished, click INQUIRY button to check if total sales and out

Outsourcing Accounting Services

Outsourcing Accounting Services in the Philippines Many small businesses find it challenging to hire an accountant. Especially with the right skills to prepare their company’s financial statements, manage bank account operations, analyze financial data, and prepare the outgoing invoices. Nowadays, it is even more challenging to find a qualified and eligible person at an affordable rate. More than 1/3 of small businesses are outsourcing their accounting. Interestingly, most small companies who outsource are not feeling comfortable doing accounting on their own. Even though it is commonly believed that accounting and bookkeeping must be done inside of the business. But it is essential to ask yourself whether you have the necessary skills and experience to do this job. Also, do your staff has enough experience to coup with increasing accounting tasks. To add it up, 62% of all small businesses they think that they overpay their taxes. Due to this fact, you might consider outsourc

Introduction to Basic Bookkeeping

What is Bookkeeping? Bookkeeping involves the recording, on a daily basis, of a company’s financial transactions. With proper bookkeeping, companies are able to track all information on its books to make key operating, investing, and financing decisions. Bookkeepers are individuals who manage all financial data for companies. Without bookkeepers, companies would not be aware of their current financial position, as well as the transactions that occur within the company. Importance of Bookkeeping Proper bookkeeping gives companies a reliable measure of their performance. It also provides information on general strategic decisions and a benchmark for its revenue and income goals. In short, once a business is up and running, spending extra time and money on maintaining proper records is critical. What is a Financial Transaction? Financial Transaction is an event involving the sale of goods or services, payment of bill or expense, deposits or borrowing of

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