Computer-Based Accounting System
BIR Ruling No. 162-93 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • May 3, 1993
Full text
May 3, 1993 BIR RULING NO. 162-93 COMPUTER-BASED ACCOUNTING SYSTEM 235 282-92 162-93 Advatech Industries, Inc. Advatech Bldg., Buenconsejo cor. Ligaya Sts., Mandaluyong, Metro Manila Attention: Ms . Rosenda O . Solis Acctg . /Adm . Manager This refers to your letter, dated November 13, 1992, addressed to the Revenue District Office of Mandaluyong San Juan District, which was referred to this Office by the Asst. Regional Director of BIR Region No. 4-BI, Quezon City, bearing on your request for authority to adopt a computer-based accounting system. cdtech In reply, please be informed that your request is hereby granted subject to the following conditions: 1. A readable print-out 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. VICTOR A. DEOFERIO, JR. Deputy Commissioner of Internal Revenue
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