Computer-Based Books of Accounts
BIR Ruling No. 346-93 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Jul 30, 1993
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July 30, 1993 BIR RULING NO. 346-93 COMPUTER-BASED BOOKS OF ACCOUNTS 3235 192-90 346-93 Royal Tatung Ceramic Corporation 704 Del Monte Avenue Quezon City Attention: Mr . Benito O . Chua, Jr . Controller This refers to your letter dated December 15, 1992, requesting authority to use a computer-based accounting system since you are using computers in recording your transactions and currently have adopted a General Ledger system that runs in a PC environment thereby facilitating all your recordings and reportings. Specifically, the following are the books to be computerized: (a) Accounts Payable Book (b) Cash Disbursement Book (c) Cash Receipts Book (d) Sales Book (e) General Journal 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 inspections of internal revenue officers as if they are the traditional books of accounts, in accordance with Section 235 of the Tax Code, as amended. cdtech LIWAYWAY VINZONS-CHATO Commissioner of Internal Revenue
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