Also referred to as principal invoice, it includes sales, commercial, cash, charge or credit, service and miscellaneous invoice. “All remaining official receipts can be used, until fully consumed.

Just to round up our short discussion on official receipts and invoices, let us not forget the following important related matters: (1) the BIR recently removed the 5-year limit on the validity of ...

Second, taxpayers using BIR-registered Cash Register Machines (CRM), Point of Sale Machines (PoS), e-receipting or e-invoicing software are allowed to change the words “Official Receipt” to “Invoice” ...

STARTING July 1, the “Notice to Issue Receipt/Invoice (NIRI)” is replacing the “Ask for Receipt” Notice (ARN) previously issued by the Revenue District Offices (RDOs)/Large Taxpayers (LT ...

"All remaining official receipts can be used, until fully consumed. Inventory reports and notices can be submitted through email. The BIR is committed to making the transition to EOPT as convenient to ...

They may also prove the fact of payment and/or receipt of such payment for the goods and services. Upon RR 7-2024's effectivity on April 27, 2024, official receipts (ORs), order slips and debit/credit ...

PAPER receipts and manual ledgers have long been staples of Philippine commerce, but a new regulation is rapidly pushing these toward obsolescence. The Bureau of Internal Revenue’s (BIR) Revenue ...

THE Bureau of Internal Revenue (BIR) is studying exempting small-scale agricultural producers from issuing receipts or invoices to make doing business easier for them. The BIR on Wednesday released ...

With the enactment of Republic Act 11976 otherwise known as the Ease of Paying Taxes Act, amendments to registration procedures and invoicing requirements are now being implemented – primarily ...

RR 12-2023 provides that the purchasers engaged in business with agricultural producers are required to be issued per purchase transaction (1) BIR Form 2304 when the cumulative amount in a year is ...