Quarterly BIR Filing Checklist for MSMEs (Q2 2026)
Quarter-end for many Philippine MSMEs means more than closing sales—it means BIR quarterly filing is due again. If you are VAT-registered, you are looking at Form 2550Q, sales and purchase summaries, and often DAT files. If you are non-VAT, 2551Q (percentage tax) may be on your list instead. This Q2 2026 checklist helps you prepare […]
How to Generate BIR DAT Files for SLS and SLP (2026 Guide for Philippine Businesses)
If you are VAT-registered in the Philippines, you have probably heard of SLS (Sales) and SLP (Purchases)—and the DAT files the BIR expects when you file your returns. For many small business owners, the stressful part is not the return itself but re-encoding sales and purchase data into the right format. Here is a practical […]
A Business Owner’s Guide to Managing Operations and Compliance in the Philippines
Running a small business in the Philippines is both rewarding and challenging. As an entrepreneur, you must juggle day-to-day operations, compliance with government regulations, and long-term growth strategies. To help you navigate these challenges, here’s a comprehensive guide on things to consider when operating a business and how to manage them effectively.
Streamline Your Restaurant Accounting with Oojeema
Philippine restaurant books on your Oojeema account. Inventory tracking sits on Premium (₱2,800/mo); Lite and Pro cover books and documents.
Understanding Financial Ratios for Your Business.
Financial ratios are a useful tool for analyzing your company’s financial health and performance. By comparing financial metrics, financial ratios can help you see into your company’s liquidity, solvency, profitability and efficiency.
How to Prepare a Trial Balance
A trial balance is a tool used in accounting to verify that the total value of all debit entries in a company’s general ledger equals the total value of all credit entries. This is an important check to ensure the accuracy and completeness of your company’s financial records
Improving Cash Flow for a Small Trading Company with a Large Inventory
To Improve cash flow is critical for the success of any small business, particularly for trading companies with a large amount of inventory to manage.
How a Simple Bookkeeping Software Can Help Reduce Receivables in a Small Business
Reducing accounts receivables in small businesses is important for maintaining a healthy cash flow and ensuring the success of the business by using a simple bookkeeping software.
The Benefits of an Accounting Software
If you’re running a small business, you may be wondering whether an accounting software with tax compliant reporting features is worth the investment. The answer is a resounding yes. An accounting software with tax compliant reporting features can provide numerous benefits for your business, including increased efficiency, better organization, and improved accuracy in reporting.
