Guide on How to LEGALLY and PROPERLY Fill-up Official Receipt, Sales Invoice and BIR Form 2307
Conditions in giving of eCertificate :
- Staying in the webinar from beginning to end!!!
- No Attendance No eCertificate
- email Name to Appear in eCertificate to ilearn@easantoscpa.com
Activities for the Day:
- Webinar Discussion
- Questions and Answers
- Tax Clinic / Free Tax Consultation
Learning Objectives :
- Valid and relevant Source Documents
- What to write in Official Receipt
- What to write in Sales Invoice
- What to write in Collection Receipt
- What to write in BIR Form 2307
- Sharing of experience and observation during Tax Audit Investigation / LOA - what the examiners are looking at in your Source Documents
- Violations of Tax Code is a crime and you will be prosecuted as a criminal person ... Yes! because of your Source Documents
- Tips on how to compile your Source Documents as a defense during Tax Audit Investigation
Legal Basis / References:
- Substantiation Requirements :
- Section 34 (A) (1) (b), NIRC - sufficient evidence
- Valid and Relevant Source Documents :
- RR 18-2012 - VT SI, VT OR, NV SI, NV OR
- Section 113 (A) and (B), NIRC - OR / SI information
- Section 237 (A), NIRC - issue OR/SI for P100 and up transactions
- RMC 55-2019 - Business Style
- RMC 117-2019 - Temporary SI/OR for the New Registrants (BPR/BPI)
- GR 173373 - H. Tambunting Pawnshop vs CIR
- Sample Source Documents :
- Criminal Persecution :
- Section 264 (a), NIRC - imprisonment of 2 to 4 years
- RR 18-2011 non-separating vat sales and vat - penalty
Implications of the Entries in the Official Receipts and Sales Invoices relative to Accounting and Bookkeeping
How To Fill-Up Official Receipt:
- Sale of Services : Official Receipt (OR)
How To Fill-Up Sales Invoice and Collection Receipt:
- Sale of Goods: Sales Invoice (SI) and Collection Receipt (CR)
How To Fill-Up BIR Form 2307:
- BIR Form 2307 (2307)
Tagged 2307, BIR Form 2307, official receipt, sales invoice