Hybrid accounting method saving taxes legally accrual cash method tax accounting allowable expense

[@maureennavarette9768]

Sir, my key take aways on this are 1. For sales use the cash basis of accounting 2. For expenses use the accrual method but make sure the wihholding tax are remitted. 3. What about for the cost of sales (inventories are already delivered to the customer)? Can i also book it as cost of sales since the tax law does not recognize matching principle?

[@EmelinoTMaestro]

WOULD YOU CONSIDER it as an expense (No. 2)

[@maureennavarette9768]

@@EmelinoTMaestro thank you sir so much...

[@alinapablico4204]

Good eve sir Very inspiring po mga videos nyo. Gusto ko po sanang maging kasapi ng.mga natutulingan nyo upang mabuksan ang aking mga mata sa realidad ng taxation. Available pa bo ang books of entry? Now ko lang po kac napanood ito. Mabuhay po kayo

[@EmelinoTMaestro]

09173071316 guia

[@khjsb1739]

good day po.. sir, kung hybrid method po gagamitin, paano po accounting ng billed services/goods but not yet collected at d end of month/year? since wala po AR.. thank you po in advance sa sagot.

[@EmelinoTMaestro]

walang AR... tax accounting system tayo... pag may AR.... sa managerial or financial accounting system puede iyan

[@khjsb1739]

@@EmelinoTMaestro thank you so much po.. malaking tulong po sa mga TP mga video nyo.. god bless

[@MICHAELDELACUESTA]

hello sir bago lng po ako mag book keeping. Ask ko lang po pano po ang pag file meron po ako 6 na books of account. Monthly po ba quarterly or annually. Paano po ba sana mapansin po

[@EmelinoTMaestro]

09088807568 len for details

[@heartsdabing]

Hello po, question lang po, pwede po ba cash basis ang recording ng sales for monthly vat pero accrual method kapag end of year? I mean kapag monthly irerecord lang namin na sales kapag nareceive na pero sa end of year na FS meron kami na accounts receivable? Thanks po sa makakasagot.

[@EmelinoTMaestro]

the rule of taxation must be uniform, this is the first rule. follow it

[@heartsdabing]

@@EmelinoTMaestro Thank you so much po! More powers to yòur channel, you are helping so many taxpayers.🙂