The Virtual Bookkeeper Talks 2024, held on May 25, 2024, drew hundreds of participants both online and onsite from the online bookkeeping and accounting communities. The Virtual Bookkeeper Talks has a thriving Facebook community of over 53,000 members and more than 2,500 students from the Bookkeeping Academy. Highlights of the Event: The event…
The Grand Summit Hotel, General Santos City, May 16, 2024 – The U.S. Agency for International Development (USAID) is currently hosting an educational event called “Governance Workshop and Strengthening Mindanao Chambers and SMEs for the Digital Economy.” So far, so good; attendees are having lively discussions and watching presentations with the goal of helping local…
All businesses that use OFFICIAL RECEIPTS and want to convert their unused official receipts to INVOICES must do so within 30 days of RR 7-2024’s effective date (for manual receipts). Background: Under the Ease of Paying Tax Act (EOPT), INVOICE shall be the primary written evidence evidencing the sale of goods and services issued to…
Easy as it may be read, the intricacy of selling a bookkeeping practice must be taken into account, considering the processes and decision-making involved in it. You have to make sure that it is a win-win situation for you, your existing clients, and the firm you are negotiating with. Here are some of things you…
It’s a Wrap! The SaaScon PH ‘24 has just ended, and it was an event for the books. 🎉 With over 1,300 attendees, we have enjoyed getting to spend time with all of you, and cannot wait to do this again next year! To all of the attendees who visited the Beppo booth, our co-sponsors,…
Are you a self-employed individual or freelancer in the Philippines struggling to keep up with bookkeeping and tax filing? Managing books and numbers while focusing on your craft can be overwhelming, but don’t worry! With the rise of automation here and there, the good thing is a solution comes at an arm’s length. Let’s discuss…
Effective from January 1, 2024, Revenue Memorandum Circular No. 8-2024 aims to clarify the provisions of Revenue Regulations No. 16-2023, specifically focusing on putting withholding tax on gross remittances made by online sellers and merchants.
Tax deductions are important for businesses in the Philippines, as they reduce taxable income owed to the government. In this guide, we discuss the management of official receipts to make sure businesses can capitalize on available deductions effectively. It’s crucial to understand that deductions are accessible when transactions are mainly for business purposes and supported…
Amidst the busyness of starting the new year, we taxpayers must be mindful of our duties in completing compliance standards. This means keeping up with the reporting requirements established by both the Bureau of Internal Revenue (BIR) and the Local Government Units (LGU). Read more to learn about the deadlines: The BIR Compliance Annual Returns…
Today, Beppo stands proud as one of the Top 100 Startups in the Philippine Startup Week, a testament to the collective efforts and unwavering commitment to excellence! 🎉 This revolutionary Bookkeeping and Compliance platform, built exclusively for Filipino SMEs, surpasses typical firms, attaining 5x efficiency and allowing for the processing of 150 clients per person.…