During a sale of goods or services, a buyer and a seller enter into an agreement to transact business and complete a financial transaction. The agreement can be verbal or written, and the terms of the ...

A sales invoice, or sales bill, is an essential and common document used by all kinds of companies. Companies use sales invoices to inform customers of the amount they owe in exchange for goods or ...

THE Bureau of Internal Revenue (BIR) is studying exempting small-scale agricultural producers from issuing receipts or invoices to make doing business easier for them. The BIR on Wednesday released ...

A long-time client who is in the business of selling merchandise online recently consulted our office about the best way to issue invoices and receipts to customers. Another client, this time a ...

Do agricultural producers have to issue receipts and invoices for agricultural food product sales? Under Revenue Regulation 12-2023, so long as their annual gross sales/receipts do not exceed P1 ...