Accounting Year

Accounting Year set-ups the current accounting year of the company.

1. Withholding Taxes (WHT)

Withholding Taxes (WHT) is a list of all Final and Expanded Withholding Taxes based on the list from the Bureau of Internal Revenue - Philippines.

2. Value - Added Taxes (VAT)

Value - Added Taxes (VAT) is a list of all Value Added Taxes based on the list from the Bureau of Internal Revenue - Philippines.

Note

VAT Classifications as to Vatable, Exempt and Zero - Rated including subclassifications such as Services, Capital Goods and Goods other than Capital Goods are default values in AccuBooks Plus Accounting System.