The Top 5 Myths About BIR CAS-Ready Cloud Accounting Software: Debunked
By Johnny Kawa Introduction In recent years, cloud accounting software has gained…
Your business is growing and finally, you have installed cloud accounting software for your business to cope with the growing demands of the industry. Many businesses already have cloud-based accounting software, and thankfully you have it too!
But this is not the end game. When a software provider in the Philippines provides cloud accounting software and its different applications, it is imperative to register the said software or the app first and foremost with the Bureau of Internal Revenue (BIR) before they can officially start using them in their operations.
Therefore, any software provider, or software-as-a-service company in the Philippines as well as business owners should be able to learn the know-how of BIR registration. Should you want to go through each detail, here are some things to ponder when you register your software with the BIR for a BIR computerized accounting system:
First, know about CAS. What is it and how important is it? To have a BIR computerized accounting system means your company will need to integrate with different components in your existing systems. There are four things that need to sync up.
Decide on the cloud accounting software you will use for your business. There are several perfect solutions in the market, but you will have to find out which one matches the needs of your business. Do bear in mind that there is no one size fits all. It all depends on what you need. The ideal BIR computerized accounting system should be a good fit for your company’s size and for the work it does. It should also be ready upgradeable and scalable in case as your business grows.
The first thing software you have, you need to get hold of BIR Form 1900. This is the Application for Authority to Adopt a Computerized Accounting System (CAS) or Components Thereof/Loose-leaf Books of Accounts. BIR computerized accounting system (CAS) stands for Computerized Accounting System which is a requirement that the Philippines’ Bureau of Internal Revenue (BIR) requires from large taxpayers.
Becoming CAS-compliant means integrating accounting components so that a company can manage its own set of computerized accounting books, records, and documents.
Then depending on your needs for a POS retail system, you can now fill up a BIR Form 1907 if you want to apply for a permit to use a Cash Register Machine (CRM) or Point of Sale Machine (POS). Then, provide supporting details about your company, and its profile. And of course, do not forget to fill up the technical requirements form. Before anything else, you also need to clear this out with your software provider, if they will assist you in complying with these requirements. And just in case you have affiliated or sister companies, franchisees, and branches, you also need to submit other requirements for your multi-location businesses.
If your company is applying for the Permit to Use CAS for the first time and you have many branches, then you need to file your application at the Revenue District Office which has jurisdiction over your branch’s head office. You can also file your application at the Large Taxpayer Assistance Division. Or you can choose to submit it at the Large Taxpayers District Office.
If for instance, your branch has gone ahead to apply for a Computerized Accounting System or CAS, then you should comply and submit a certification that states the head office is not using the CAS you are applying for. If eventually when the main or head office applies for CAS, the same as yours, the BIR will issue a permit to your head office and then will also include a new permit for your branch.
But why do you register by yourself when you have one BIR computerized accounting system that is flexible, easily configurable, and user-friendly, an all-in-one solution for your point-of-sale needs?
It is very important to have an efficient and reliable POS system that can help you manage your business with ease. That’s why, Human Incubator, Inc. with its 10 years of experience, has created the BIR-accredited easyPOS on-premise software and system, which is designed to help you optimize your operations, stay compliant with BIR regulations, and increase productivity.
With the EasyPOS system, you can easily manage your sales, inventory, and customer data in real-time. You can generate reports and analytics, manage your customers’ data, and stay on top of your business metrics with ease.
EasyPOS it is! It is continuously striving to innovate and provide customers with the latest and greatest features. For a free demo: https://human-incubator.com/easy-pos/
EasyFIS is a Software-as-a-service (SAAS) sales, inventory and Accounting system designed for Micro, Small and Medium (MSME) Enterprises.
If you want to manage your business in real-time and in a WFH Work from Home Setup, EasyFIS can provide a turn-key solution to your most common business problems to effectively monitor your sales, checking your LIVE inventory stock quantity and most importantly the status of your business’ financial health.
On top of that EasyFIS is CAS (Computerized Accounting System) compliant ready for government taxation in the Philippines.
EasyHR is a Software-as-a-service (SAAS) web application that helps to manage your Payroll and Human Resource Tasks easily and effectively.
Whether you are handling less than ten (10) employees or up to more than ten thousand (10,000) employees, EasyHR can do the job for you and saves you a lot of time in computing your Payroll and managing your Employee 201 Records anytime and anywhere.
But not only that, EasyHR further has an Employee Portal that allows your employees to access it online and check their own Payslips, Overtime, Leaves and Time Records. It saves a lot of time and money in printing these Payslips and paper wastage.
EasyPOS is a standalone Sales and Inventory system designed for businesses with Physical Stores and does not necessarily need an Internet or cloud solution.
The software is very easy to use yet already fully loaded with the necessary daily functions in running a store.
It already has a complete Sales and Inventory system with Item components.
Barcode and Touchscreen Interface that can be used for both groceries and restaurant setup respectively. Plus it is already BIR Accredited to legally issue Sales Invoice (SI) and Official Receipts (OR).