Request for Authority to Use Computerized General Ledger System
BIR Ruling No. 029-94 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Jan 25, 1994
Full text
January 25, 1994 BIR RULING NO. 029-94 235 192-90 029-94 Development Academy of the Philippines DAP Building, San Miguel Avenue Pasig, Metro Manila Attention: Mr . Alvin R . Manalang Director for Finance Gentlemen : This refers to your letter dated July 2, 1993, requesting authority to use computerized General Ledger System which includes the following books of accounts: 1. General Ledger 2. Cash Receipts Book 3. Cash Disbursement Book 4. Journal of Bills Rendered 5. General Journal In reply, please be informed that your request is hereby granted subject to the following conditions, viz: (1) A readable print-out of the information/accounting data should be made available/verifiable; and (2) Diskettes containing records, classification and summary of transactions shall be subject to examination and inspection of internal revenue officers as if they are the traditional books of accounts, in accordance with Section 235 of the Tax Code, as amended. aisadc Very truly yours, LIWAYWAY VINZONS-CHATO Commissioner of Internal Revenue
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