Request for Authority to Convert Present Procedure of Manual Bookkeeping into Automated System
BIR Ruling No. 288-92 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Oct 19, 1992
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October 19, 1992 BIR RULING NO. 288-92 235 192-92 288-92 AsianBank Corporation Asian Plaza I, Sen. Gil J. Puyat Ave. Salcedo Village, Makati Metro Manila Attention: Ms . Cleofe C . Bonifacio Vice-President/Controller Gentlemen : This refers to your letter dated July 23, 1992, requesting for authority to convert your present procedure of manual bookkeeping into automated system. It appears that you have been testing the software for four months and you are confident that it can help you greatly in doing accounting works efficiently. 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/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, as amended. aisadc Very truly yours, JOSE U. ONG Commissioner of Internal Revenue
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