Republic Act No. 11360 or the Service Charge Law was signed by President Duterte.
Here’s an FAQ that explains the main provisions of the Act and identifies the key implications this new law will have for employers in the hospitality industry across the Philippines.
You may have heard about the two most common systems of accounting for companies – accrual accounting and cash accounting. But do you know how each system works? What the differences are? The advantages and disadvantages of each one? Read on to find out!
Operating a retail business in the Philippines? Your inventories are one of your most valuable assets. It is crucial to ensure that your bookkeeping practices align with your inventory processes. In this article, we explain why!
Accounting and bookkeeping terms can be difficult to understand without a background in accounting or finance! So thats why we have identified 7 key accounting concepts and explained why they matter for your business!
Attention! Employers in the Philippines – These are the mandatory payroll deductions and contributions that you must know
Payroll deductions and contributions must be processed regularly by employers in the Philippines. Do you know which ones are mandatory and how they should be calculated? Read on to find out!
This article examines how businesses in the Philippines can generate real cost and time savings across an organisation by transitioning to cloud accounting.
Identify any accounting or bookkeeping related issues in your business and resolve them as soon as possible. This article identifies the need for bookkeeping processes in your company and the importance of getting them right.
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Here are 9 common mistakes that businesses encounter when dealing with their accounting, bookkeeping and finance functions. We also identify what companies can do to make sure that these mistakes don’t happen!
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December 2019 Tax Calendar
Here’s the December 2019 Tax Calendar. Plan ahead and take action! If you wish to discuss your company’s tax obligations in the Philippines, drop us an email at firstname.lastname@example.org.