Advantages of a Computerized Accounting System. Accounting is a basic process required to operate any organization. Every debt must be paid in full and on time, and all incoming monies must be noted.

Manual accounting systems have been around since ancient scribes began keeping records of taxes, tribute and temple inventories. Computerized accounting systems are barely two generations old, but ...

An accounting information system collects, manages, retrieves, and reports financial data for accounting purposes. Its 6 components ensure its critical functionality.

On August 3, 2000, the Bureau of Internal Revenue (BIR) issued Revenue Memorandum Order (RMO) 21-2000, which basically prescribes the policies and procedures in the processing and approval of ...

There are over 2,000 large taxpayers and many are not compliant to the Bureau of Internal Revenue Regulation 9-2009 requiring large taxpayers to have a Computerized Accounting System (CAS).

BIR Commissioner Caesar R. Dulay issued Revenue Memorandum Circular (RMC) No. 5-2021, dated Jan. 8, providing for a simplified registration processes for CAS, computerized books of account and its ...

The Center for Global Best Practices is inviting all medium and large taxpayers to a one-day seminar on the Bureau of Internal Revenue’s computerized accounting system (CAS) to help businesses ...

Computerized accounting in panchayati raj institutions across the country will be one of the priorities of the next five-year plan. Dhingra also visited two gram panchayats in Ganjam district to ...

Pune, India, March 10, 2021 (GLOBE NEWSWIRE) -- The rapid shift from the traditional way of managing financial records to adopting an accounting information system is the key trend in the global ...