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 ...

If your business accepts money in any form, it is good customer service to give a receipt to a customer who requests one. You will not get this request often for invoiced products or services, because ...

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 ...

What are expense receipts and how should I track them? Manually tracking expense receipts shouldn't feel like a second job, but for most finance teams, that's what it can turn into. According to the ...

THE Bureau of Internal Revenue (BIR) said it will allow businesses to issue temporary receipts or invoices during the lockdown period. In Revenue Memorandum Circular No. 47-2020 issued May 6 and ...

Due to the clamor of some taxpayers, the Bureau of Internal Revenue (BIR) extended the validity of receipts and invoices, doing away with the five-year validity period. Based on Revenue Regulations No ...

Let's be honest, it's hard to get excited about expense tracking software. For employers, the goal is to keep up-to-the-minute financial records; for employees, they just want to upload their receipts ...

Manually tracking expense receipts shouldn't feel like a second job, but for most finance teams, that's what it can turn into. According to the Global Business Travel Association, 19% of expense ...