During a sale of goods or services, a buyer and a seller enter into an agreement to transact business and complete a financial transaction. The agreement can be verbal or written, and the terms of the ...

Keeping track of sales is a critical need for any business, and the QuickBooks accounting package allows for easy tracking and accounting of the sales and payments made. Sales can be recorded by ...

A long-time client who is in the business of selling merchandise online recently consulted our office about the best way to issue invoices and receipts to customers. Another client, this time a ...

Do agricultural producers have to issue receipts and invoices for agricultural food product sales? Under Revenue Regulation 12-2023, so long as their annual gross sales/receipts do not exceed P1 ...

Have you been audited by the BIR and your claimed expense was disallowed for improper or inadequate substantiation? Have you applied for a tax refund, and were denied due to an erroneous invoice or ...