BIR Ruling [UN-001-94]
BIR Ruling [UN-001-94] • Bureau of Internal Revenue (BIR) Issuances • Rulings (Unnumbered) • Jan 7, 1994
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January 7, 1994 BIR RULING [UN-001-94] Heavylift Manila, Inc. Rm. 426 EBC Bldg., Phase II Ortigas Avenue, San Juan Metro Manila Attention: Capt . Rolando O . Tolentino President Gentlemen : This refers to your letter dated October 9, 1993, addressed to the Revenue District Officer of Revenue District No. 31, Mandaluyong, Metro Manila, requesting authority to adopt a computer-based accounting system. Specifically, the following are the books to be computerized: cdta 1. General Ledger 2. General Journal 3. Cash Receipts Register 4. Cash Disbursement Register In reply, please be informed that your request in hereby granted subject to the following conditions, viz: (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. cd Very truly yours, JAIME M. MAZA Assistant Commissioner (Legal Service)
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