Permit to Adopt Computer-Based Accounting System
BIR Ruling No. 112-90 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Jun 4, 1990
Full text
June 4, 1990 BIR RULING NO. 112-90 232 255-89 112-90 Gentlemen : This refers to your letter dated January 8, 1990 requesting from this Office a permit to adopt the computer-based accounting system. In reply, please be informed that your request is hereby granted subject to the following conditions: aisadc 1. A readable printout of the information/accounting data should be made available or 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. Very truly yours, (SGD.) JOSE U. ONG Commissioner
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