Computerization of Accounting Books
BIR Ruling No. 177-89 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Aug 17, 1989
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August 17, 1989 BIR RULING NO. 177-89 232, 235, 203 011-88 177-89 Gentlemen : This refers to your letter dated March 2, 1989 requesting information on the necessary requirements for the approval of the proposed computerization of your Accounting Books in compliance with the Bookkeeping Regulations under Section 232 of the Tax Code, as amended. In reply, please be informed that before you can adopt the computer-based accounting system, you must first secure a permit from this office. Accordingly, the diskettes containing records, classification and summary of transactions shall be subject to examination and inspection of internal revenue officers as if they were the traditional books of accounts, in accordance with Section 235 of the Tax Code. Moreover, the records used in a computer-based accounting system should be preserved for a 3-year period from the last entry in each record, pursuant to Section 235, in relation to Section 203, both of the Tax Code. cdt Very truly yours, (SGD.) JOSE U. ONG Commissioner
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