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 ...
If your business accepts money in any form, it is good customer service to give a receipt to a customer who requests one. You will not get this request often for invoiced products or services, because ...
Levelpath connects AI-native procurement decisions to payment execution, ensuring finance pays what was actually negotiated Levelpath, the AI procurement platform, today announced the launch of ...
Brex reports that proper invoicing is crucial for timely payments, outlining essential components and best practices to ...
Automating your invoice process can significantly boost efficiency, reduce costs, and enhance accuracy. Manual workflows are often slow and prone to errors, but Ramp explains how with the right ...
Have you been audited by the BIR and your claimed expense was disallowed for improper or inadequate substantiation? Have you applied for a tax refund, and were denied due to an erroneous invoice or ...
Accuracy is another recurring issue. Invoices that include the wrong tax treatment, incorrect pricing or mismatched ...
Due to the clamor of some taxpayers, the Bureau of Internal Revenue (BIR) extended the validity of receipts and invoices, doing away with the five-year validity period. Based on Revenue Regulations No ...