Understanding Key BIR Forms: Your Monthly and Quarterly Tax Toolkit
As a business owner or accountant in the Philippines, staying compliant with the Bureau of Internal Revenue (BIR) isn’t optional it’s essential. Yet many professionals find themselves scrambling every month or quarter, juggling spreadsheets, and hoping they didn’t miss a required form.
That’s where this guide comes in.
We’re breaking down the most common BIR forms what they are, when to file them, and how Systema365 makes managing them simple, automated, and accurate.
- Form 2550M – Monthly VAT Declaration
If your business is VAT-registered, this form is filed monthly to declare your value-added tax liabilities.
Deadline: 20th of the following month
Systema365 Advantage: Pulls data from your sales and purchases automatically—no manual computation needed.
- Form 2307 – Certificate of Creditable Tax Withheld at Source
This is issued to your suppliers for taxes withheld on their income. It’s required for your partners to claim tax credits.
Systema365 Advantage: Auto-generated from payment entries, ready for submission or issuance.
- Books of Accounts
These include your cash receipts, disbursements, general journal, and general ledger. They must match your actual ledgers and be BIR-compliant.
Systema365 Advantage: Your digital books are audit-ready, up-to-date, and accessible with a click.
- RELIEF VAT / SLSP – Summary List of Sales and Purchases
Part of the RELIEF system, this file is mandatory for VAT-registered entities to detail all sales and purchases.
Systema365 Advantage: Automatically compiles SLSP based on real transactions—no more spreadsheet cleanups.
- SAWT – Summary Alphalist of Withholding Tax
This form shows all taxes withheld from your business by your clients—needed to claim your tax credits.
Systema365 Advantage: Gathers your 2307s and formats them into a ready-to-submit file.
- QAP – Quarterly Alphalist of Payees
If your company withholds taxes on payments to suppliers, this form summarizes those details.
Systema365 Advantage: Generated from your payables ledger with the required BIR formatting—no more manual collation.
- 1601-EQ – Quarterly Withholding Tax on Expenses
This is filed for taxes withheld from income payments.
Systema365 Advantage: Systema365 maps your transactions and generates the 1601-EQ form for each quarter.
Managing BIR forms doesn’t have to be painful or risky. With Systema365, you can automate the tedious parts, reduce errors, and stay confidently compliant.
✅ Want to see how it works?
👉 Join our free webinar this July and get a live walkthrough of the BIR automation process.