Outsourcing Brief: July - September 2015

11 Nov 2015

July - September 2015

Quarter 4 Edition of IFRS News 2015

02 Nov 2015

The Grant Thornton International IFRS Team has published its fourth quarter edition of IFRS News for 2015.

Required format for CRM/POS receipts: Clarifications and deadline

09 Oct 2015

In Revenue Regulations No. 10-2015, the BIR prescribed an expanded list of information to be indicated in the receipts/invoices issued form CRM/POS machines as well as electronic receipts issued from a network or linked to CAS or components.

Deadline for reconfiguring CRM/POS Machines extended until October 31

08 Oct 2015

In RR 10- 2015, the BIR expanded the list of information that should be indicated in the receipts generated from CRM/POS machines/software. The earlier October 1 deadline for business establishments to procure/reconfigure their machines and systems to comply with the requirement is extended to October 31, 2015, pursuant to RR 12-2015.