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    Process of 2550M/2550Q and SLSP: Esubmission@bir - Gov.ph

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    avelito bautista
    The document outlines the 13-step process for filing 2550M/2550Q and SLSP returns with the BIR. The key steps include: 1) Gathering sales and purchase data and receipts from clients. 2) Encoding the receipt data including dates, invoice numbers, TINs, amounts, and VAT details. 3) Computing the VAT payable and submitting to compliance for approval before billing. 4) Generating and validating the encoded sales and purchase files, then submitting quarterly returns via email or CD-R along with validation reports.

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    Process of 2550M/2550Q and SLSP: Esubmission@bir - Gov.ph

    Uploaded by

    avelito bautista
    166 views1 page
    The document outlines the 13-step process for filing 2550M/2550Q and SLSP returns with the BIR. The key steps include: 1) Gathering sales and purchase data and receipts from clients. 2) Encoding the receipt data including dates, invoice numbers, TINs, amounts, and VAT details. 3) Computing the VAT payable and submitting to compliance for approval before billing. 4) Generating and validating the encoded sales and purchase files, then submitting quarterly returns via email or CD-R along with validation reports.

    Original Title

    Process-of-2550M-2550Q-and-SLSP

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    The document outlines the 13-step process for filing 2550M/2550Q and SLSP returns with the BIR. The key steps include: 1) Gathering sales and purchase data and receipts from clients. 2) Encoding the receipt data including dates, invoice numbers, TINs, amounts, and VAT details. 3) Computing the VAT payable and submitting to compliance for approval before billing. 4) Generating and validating the encoded sales and purchase files, then submitting quarterly returns via email or CD-R along with validation reports.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    166 views1 page

    Process of 2550M/2550Q and SLSP: Esubmission@bir - Gov.ph

    Uploaded by

    avelito bautista
    The document outlines the 13-step process for filing 2550M/2550Q and SLSP returns with the BIR. The key steps include: 1) Gathering sales and purchase data and receipts from clients. 2) Encoding the receipt data including dates, invoice numbers, TINs, amounts, and VAT details. 3) Computing the VAT payable and submitting to compliance for approval before billing. 4) Generating and validating the encoded sales and purchase files, then submitting quarterly returns via email or CD-R along with validation reports.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 1

    Process of 2550M/2550Q and SLSP

    1. Gathering of Data
    a. Request to the clients their sales and purchases.
    b. Get the receipts of their purchases.
    2. Encoding of the Receipt
    a. Data to be encoded
    i. Date
    ii. Sales Invoice or Official Receipt No.
    iii. TIN of Supplier
    iv. Name of Supplier
    v. Address of Supplier
    vi. Total Amount
    vii. Vatable Amount
    viii. Vat Exempt
    ix. Input VAT
    3. Compute for VAT payable
    4. Submit to Compliance Department Head for approval
    a. If approved - proceed to Step 5.
    b. If not approved - recompute
    5. Submit to the Billing Department for billing
    6. File the Vat return
    a. For efps filers – use efps facility
    b. For non-efps filers – use ebirforms
    7. Submit to the Finance Department for payment
    8. Encoding of Sales and Purchases to the BIR Relief
    9. Generate the encoded sales and purchases.
    10. Validate the files generated.
    a. If no error
    i. For non-efps filers – save the file in Compact Disk-Recordable (CD-R) and
    proceed to Step 11 (for quarterly return only)
    ii. For efps filers – proceed to Step 11 (for quarterly return only)
    b. If there is an error – check the data encoded and correct the error.
    11. Send the generated file to esubmission@bir.gov.ph.
    - This is for Quarterly Return (2550Q) only.
    12. Print the esub validation report
    a. For non-efps filers – Submit the validation report together with the CD-R and
    transmittal form for SLSP to RDO where the taxpayer is registered.
    b. For efps filers – Attached the validation to the 2550Q form for filing.
    13. Submit the BIR Forms with payment, Validation Report, and the Transmittal Form
    received by BIR (for non-efps filer) to the Filing Department.

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