Book of Accounts: Paano Gamitin ang Cash Disbursement Book? (Bookkeeping)

Here's the second episode for the BIR Book of Accounts video series. In this episode, I will discuss various transactions to show you how to write entries on the Cash Disbursement Book.

DISCLAIMER: This video is intended particularly for freelancers but is also applicable for other NON-VAT Taxpayers like sole proprietors, professionals and the like.

As a freelancer, you can personally maintain and record transactions on your Book of Accounts. However, if you exceed Php 3 Million in gross annual revenue, you have to have your books audited by an independent CPA AND your income tax return should be accompanied by a duly accomplished AIF.

Journal ⇒    • Book of Accounts: Paano Gamitin ang J...  
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