Accounting for Small Businesses

[fidz]

mga sis, still looking for accountants pa ba kayo?

[MrsLuluyz]

Question, what if yung binilhan ko ng materials ko, like fabrics, doesnt have official receipt?

[ionmom]

Hi! You need to ask for receipt.  "Under the Tax Code, all persons subject to internal revenue tax are required to issue an invoice for each sale of goods and an official receipt (OR) for services rendered valued at P25.00 or more." But if they are not registered to the BIR, wala talaga yang mabibigay sayo. might as well find a new supplier. :-)
 

[missdragon]

I hope someone will find this useful. I'm currently using Wave Accounting. It's completely free and web-based.

Intuitive naman yung process niya at marami rin silang tutorials just in case may nakakalito. For free software, I think it has a lot of nice features.