Computer-Based Accounting System
BIR Ruling No. 163-93 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • May 3, 1993
Full text
May 3, 1993 BIR RULING NO. 163-93 COMPUTER-BASED ACCOUNTING SYSTEM 235 82-92 63-93 Tax Asset Growth, Inc. T.A.G. Building Electronics Ave., FTI Complex Taguig, Metro Manila Attention: Ms . Mutya C . Platon Controller This refers to your letter dated September 23, 1992, requesting authority to adopt computer-based accounting system. In reply, please be informed that your request is hereby granted subject to the following conditions: aisadc 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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