Digital Sign Inventory Checklist Made Easy

Initial inventory checklist

business coaching this is for payroll tax accounting bookkeeping consulting and productivity business coaching and discussion button for today and your annual inventory list yes deadline january 13th [Music] 57 2015. at rmc 57 2015. rmc 57 2015 at the shop provides additional guidelines on the submission of inventory list and other reporting requirements and click on full text downloading all right revenue memorandum circular number 57 2015 submission of inventory list and other reporting requirements two paraganino rmc all internal revenue officers and other concern mime circle indica this circular is therefore issued to provide guidance on health financial accounting information in addition to the annual inventory list required to be filed under section 13 of revenue regulations number v dash one should be reported to the bureau cemex revenue 13 so that your original information is section 13 at the records of inventories prisons required by law to pay internal revenue taxes on business shall keep in addition to the other books and record prescribed in this regulations a book of inventories in which they shall record in detail the quantity description unit and total cost of every item of their stocks in trade materials supplies and other goods found in the premises of their establishments at the time they start business and at the close of the calendar year or accounting period the inventory at the beginning shall be made and submitted to the commissioner of internal revenue if the place of business is in manila or to the deputy provincial or city treasurer if in a municipality or city within 10 days after securing the privileged tax receipts or starting the business and the subsequent inventories not later than 30 days after the close of the calendar year or accounting period this period may in meritorious cases be extended by the commissioner of internal revenue deputy provincial and city treasurers shall upon the state of such inventories immediately sent the same to the corresponding provincial revenue agent who shall keep and preserve them for purposes of reference all right ato and section 57 2015 the circular aims to consistently apply the data requirements across different sectors with the pickle with the peculiarity of the industry where the taxpayers belong directing the volume of reporting hence the additional reports or schedules to be submitted and filed with the annual inventory list shall cover companies maintaining inventory of stock in trade raw materials goods in process supplies and other goods such as manufacturing wholesaling distributing slash retailing sectors including real estate dealers slash developers service company easy construction companies building contractors etc all right ma'am at the moment i 13. in addition to the other books prescribed in this regulation a book of inventories material supplies and other goods found in their premises rmc 57 2015. now maran bama inventory book yuma industry nabin and get on rmc 57-2015 terminology statement of financial possession paris a balance sheet statement of financial performance parasaiyong income statement sayong balance inventory finnish goods inventory okay inventories of goods of goods sold and manufactured a young income statement merchandise inventory ending materials inventory ending finish goods inventory ending my work in process inventory ending financial statements unaffected inventory list financial statement more you balance it as a higher income statement annual inventory list financial statements kung 57 2015. cover companies maintaining inventory of stock is of goods merchandising work and process inventory now work and process materials or supplies all right so cinesa venus manufacturing wholesaling distributing retailing sectors physical goods [Music] goods manila customer as a consumer young wholesaling distributing retailing sector autonomous finished goods [Music] real estate dealers or developers service companies an example i construction at the real estate there is dealers slash developer service cap service companies an example nela young construction companies ego a vis-a-vis example construction companies building contractors ibiza being similar construction companies building contractors more an episode of business tax registration and business tax registration i either equal a percentage tax registered punta cana union ceo or young bir form two three zero three click [Music] [Music] [Music] m [Music] [Music] [Music] my office supplies can be bent out on the side i know supplies young customers of goods and seller of service example you [Music] balance sheets often with at least half of their total assets in working capital example is the accounts receivable and inventory shall submit in addition to the annual inventory list schedules or slash list prescribe your in in hard copies open in hard copies and soft copies hard and soft so the format as shown in annex a again annex a parakaninos a manufacturing merchandising or retail company manufacturer manufacturing real estate construction industry malina air and services professional services and opama services and ago offer yen soft copies of the inventory list including other applicable schedules shall be stored or saved in digital versatile list recordable employees certification nxd on next so initial filing 2015 2020 section 13 angling not later than not later than 30 days following the close of the taxable year okay so [Music] saklosnang that's a ballier fiscal year all right so i'm exhausted bir young print out more print the submission of the schedules and inventor release that does not conform with the here in prescribed format when prescribed formation shall be deemed and shall be concerned as grounds oh my grandska for the imposition of penalties entered the nirc of 1997 as a men did my signature being format yet 2015 250. [Music] [Music] penalty okay all right ethanol 2015 shall take effect immediately all right [Music] double click more [Music] you