Bookkeeping Outsourcing in the Philippines

Metro Manila Head Office

Address: 12F Sagittarius Building,
111, H.V. Dela Costa Street Salcedo Village, Makati City 1227
Tel: +63 (02) 8540-9623
Email: info@tripleiconsulting.com

Whether you have a thriving, growing business or are just starting to build your own company, you will need the help of an experienced professional to file, submit, and pay tax returns on time. Your business will also benefit from a professional who can handle your finances and update your accounting records.

Why Bookkeeping Plays a Major Role in a Business

The Philippine Bureau of Internal Revenue (BIR) is the government agency responsible for collecting the government’s revenues in the Philippines. As such, it imposes specific rules and regulations required to maintain Books of Accounts (BOA) for all businesses registered in the Philippines. Accurate bookkeeping is essential to tax authorities for easy assessment of your financial situation and to determine whether you paid the right amount of taxes to the BIR, and to avoid unnecessary penalties.

Bookkeeping helps a company track its total revenue and operating costs. It is a crucial step to learn about the business’s financial status through an assessment of the earnings and expenses. The right person will offer sound advice and guidance depending on your company’s updated financial report. 

Triple i Consulting’s financial experts offer tax and bookkeeping services with proper guidance so that business managers and stakeholders can make the right business decisions. 

Triple i is the first ISO 9001:2008 company in the Philippines to offer business registration services to its clients. It has over ten years of offering outsourced bookkeeping services, processing government documents, securing business certificates, and providing business consulting services.

Armed with a team of tax and bookkeeping professionals, Triple i offers the following outsourced bookkeeping and tax compliance services:

• Recording all transactions to the accounting system
• Maintenance of books of accounts
• Preparation and assistance in filing the following tax returns:
  • Monthly Remittance Form of Creditable Income Tax Withheld-Expanded (BIR Form 0619-E)
  • Quarterly Remittance Return of Creditable Income Tax Withheld-Expanded (BIR Form 1601-EQ) with Quarterly Alphalist of Payees (QAP)
  • Monthly Remittance Form of Final Income Taxes Withheld (BIR Form 0619-F)
  • Quarterly Remittance Return of Final Income Taxes Withheld (BIR Form 1601-FQ) with Quarterly Alphalist of Payees (QAP)
  • Monthly Withholding Tax on Compensation (BIR Form 1601C)
  • Quarterly Remittance Return of Final Income Taxes Withheld (BIR Form 1603Q)
  • Monthly VAT Declaration (BIR Form 2550M)
  • Quarterly VAT Return (BIR Form 2550Q) with Quarterly Summary of Sales, Purchases, and Importations
  • Quarterly Income Tax Return (BIR Form 1702Q) with Summary Alphalist of Withholding Tax (SAWT)
  • Documentary Stamp Tax Return (BIR Form 2000)
  • Certificate of Creditable Tax Withheld at Source (BIR Form 2307)
  • Certificate of Compensation Payment/Tax Withheld (BIR Form 2316)   
  • Annual Income Tax Return (BIR Form 1702) with Summary Alphalist of Withholding Tax at Source (SAWT)
  • Annual Information Return of Income Taxes Withheld on Compensation (BIR 1604-C) with Alphabetical List of Employees
  • Payees and Annual Report on Expanded Withholding Taxes (BIR Form 1604-E) with Alphalist of Payees

If you’d like to outsource your bookkeeping, contact us here, fill out the form below, call us at +63 (02) 8540-9623, or email us at info@tripleiconsulting.com to book an initial consultation with one of our bookkeeping and accounting experts.