BIR Required Books Of Accounts

Wondering what Books Of Accounts which you must register to the BIR?

 Follow what the Tax Code is requiring.

Sec 232 of NIRC state that a journal and a ledger must be maintained by a Taxpayer (TP).

Sec 113 (C) of NIRC also requires that a Taxpayer must maintain a subsidiary sales journal and a subsidiary purchases journal for VAT-Registered.

In summary, the Basic Books Of Accounts a TP must register are the ff.:

1. General Journal
2. General Ledger
3. Subsidiary Sales Journal
4. Subsidiary Purchases Journal

There are also Journals and Ledgers which maybe registered by a TP under Sec 233 of NIRC. These are additionals but not required.

Again, consult a professional and seek advice which Books are right for your business.