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    RMC No. 5-2021

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    Dario Jr Oyam
    Earth is an ellipsoid with a circumference of about 40,000 km. It is the densest planet in the Solar System. Of the four rocky planets, it is the largest and ..

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    RMC No. 5-2021

    Uploaded by

    Dario Jr Oyam
    121 views2 pages
    Earth is an ellipsoid with a circumference of about 40,000 km. It is the densest planet in the Solar System. Of the four rocky planets, it is the largest and ..

    Copyright

    © © All Rights Reserved

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    Earth is an ellipsoid with a circumference of about 40,000 km. It is the densest planet in the Solar System. Of the four rocky planets, it is the largest and ..

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    121 views2 pages

    RMC No. 5-2021

    Uploaded by

    Dario Jr Oyam
    Earth is an ellipsoid with a circumference of about 40,000 km. It is the densest planet in the Solar System. Of the four rocky planets, it is the largest and ..

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
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    REVENUE MEMORANDUM CIRCULAR NO.

    5-2021 issued on January 8, 2021 provides the


    simplified policies on the application for registration of Computerized Accounting System (CAS),
    Computerized Books of Accounts (CBA) and/or its components, including Electronic Storage System
    (ESS), middleware and other similar systems (collectively known as "System"), and supersedes the
    provisions of Revenue Memorandum Circular No. 10-2020 and certain portions of Revenue
    Memorandum Order (RMO) No. 29-2002 that are inconsistent with the provisions of this Circular.
    All taxpayers intending to use CAS, CBA and/or its components, including the ESS,
    middleware and other similar systems shall not be required to secure Permit to Use (PTU). Instead,
    they shall be registered subject to the following policies:
    A. Register the "System" by submitting the documentary requirements stated on the
    "Checklist of Documentary Requirements" (CDR) to the Revenue District Office (RDO)
    where the taxpayer is registered. BIR Form No. 1900 (Application for Authority to Use
    Computerized Accounting System or Components thereof/Loose-Leaf Books of
    Accounts) shall no longer be required for the submission of application for registration of
    the "System".
    B. The "System" shall comply with the standards set forth under Annex "B" of this Circular.
    If there will be violation of the said standards discovered during post-evaluation or audit,
    the taxpayer-user shall be subject to penalties provided under RMO No. 7-2015 and other
    existing revenue issuances.
    C. Upon submission of complete documentary requirements, an Acknowledgement
    Certificate shall be issued within three (3) working days from receipt of the complete
    documents by the RDO where the taxpayer-user of the system is registered. Hence, PTU
    CAS, CBA and/or components shall no longer be required for the use and registration of
    the "System".
    D. System demonstration or pre-evaluation shall not be required prior to the use of the
    "System". However, post-evaluation shall be conducted by the concerned RDO to
    determine compliance of the "System" registered with the BIR to the standards set forth
    in Annex "B".
    E. All taxpayers with existing PTU CAS, CBA and/or its components shall NOT be required
    to apply for registration. The approved PTU previously issued by the BIR shall still be
    valid, except for the following circumstances:
    a. PTU was revoked upon discovery of its non-compliance with existing revenue
    issuances during the conduct of authorized audit activity, Tax Compliance
    Verification Drive or Post-Evaluation.
    b. Existence of major system enhancement or upgrade, which will require the filing of a
    new application for registration of the "System".
    F. Taxpayer must submit a new application for registration in case of major system
    enhancement, such as but not limited to any of the following:
    a. Change in the functionalities of the system, particularly on enhancements that will
    have a direct effect on the financial aspect of the system that includes modified
    computations and other financial-related issues that were considered;
    b. Addition or removal of modules or submodules within the system that will have a
    direct impact on the financial aspect of the system;
    c. Change in the system/software Version or Release Number that will have
    enhancements on the financial aspect of the system; and
    d. All other enhancements that will be deemed as major system enhancement based on
    the recommendation of the technical evaluators after the comparative functionalities
    of the old and upgraded "system" were presented by the taxpayer.
    In case a taxpayer is found to have used an enhanced/upgraded
    system/software/application without registering with BIR prior to the use of such
    enhanced "system", the PTU originally issued shall be automatically revoked or
    registration shall have no effect from the time the enhanced/upgraded
    system/software/application is adopted by the taxpayer and may still be subjected to
    applicable penalty under existing revenue issuances.
    G. In case of any minor system enhancement, e.g., user interface modification, bug fixes,
    performance improvements, etc., the taxpayer must submit a written notification to their
    RDO/Large Taxpayers Office stating the specific minor enhancements on the system.
    The detailed guidelines and procedures regarding the registration of the "System" shall be
    provided in a separate revenue issuance.

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