Computer-Based Books of Accounts
BIR Ruling No. 142-93 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Apr 27, 1993
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April 27, 1993 BIR RULING NO. 142-93 COMPUTER-BASED BOOKS OF ACCOUNTS 235 282-92 142-93 Feed My People International Ltd. Suite I 106 Molave Street Project 3, Quezon City Attention: Ms . Mary Ann B. Sabaco Finance Officer This refers to your letter dated September 7, 1992 which was referred to this Office by the Assistant Regional Director of BIR No. 4-B1, Quezon City, bearing on your request to adopt a computer-based accounting system. In reply, please be informed that your request is hereby granted subject to the following conditions: 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. aisadc EUFRACIO D. SANTOS Deputy Commissioner of Internal Revenue
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