Complying to government regulations is a must. Inability to do so leads to unwanted penalties. Manual computation and preparation of withholding tax certificates can be time consuming and prone to errors.
This app enables the calculation of the expanded withholding tax based on the different withholding tax rates as mandated by the Bureau of Internal Revenue in the Philippines. It also includes the generation of BIR Form 2307 Certificate of Creditable Tax Withheld at Source which is compliant with the regulatory requirements.
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This app supports both the Essential and Premium editions of Microsoft Dynamics 365 Business Central.