A computerized accounting system, or CAS, is an information technology solution that utilizes features like automation and real-time accounting data reconciliation to help businesses improve their accounting processes.
For large taxpaying companies in the Philippines, the use of a dedicated CAS is mandated by law. A business must first register its CAS with the Bureau of Internal Revenue (BIR), as there is a steep penalty for using a CAS without BIR approval. Once the CAS is registered, the business must then use that same solution to generate computerized accounting books, records, and documents that will be submitted to the BIR shortly after the end of the taxable year. However, those subject to this new regulation must get proper authorization from the BIR in adopting a CAS
Even though the registration and use of a CAS is only required of large taxpayers, small and medium-sized enterprises (SMEs) may benefit from investing in one, too. Regardless of the business’s size or the industry that it’s involved in, accounting will remain a pain point. In addition, small and large businesses alike will face pressure to modernize their accounting and finance systems and align them with an increasingly globalized and digitalized business environment.
As such, there’s no better time than now for your company to onboard a BIR CAS accredited system. With such a system at your disposal, you’ll be able to improve your company’s accounting abilities and meet both local and global standards for accounting processes.
One factor that can either make or break your experience with your new CAS is your choice of vendor. There may be several vendors out there who can offer you a BIR-compliant CAS. But few have the industry knowledge, experience, and customer approval that ANSI Information Systems does. With our years of experience across various industries in the country, we deserve to be your number one choice for implementation of a BIR-accredited CAS, like SAP Business One.
Here’s an overview of how we can help you accelerate the registration and onboarding of your new computerized accounting solution.
At ANSI, we understand that different companies have different methods for managing their businesses. Thus, the first thing we’ll take into consideration is your current approach to accounting. We’ll speak with you about which accounting processes you’re having the most trouble with. Then, we’ll help you figure out how we can close the gaps using a computerized accounting solution. After all, you shouldn’t be investing in a CAS just for the sake of compliance alone. The ideal CAS solution should help you solve accounting and finance-related problems that are unique to your business. If it is able to achieve that, you’ll get even better at achieving specific business goals.
Regulatory compliance is an issue that makes many entrepreneurs feel queasy. When an agency like the BIR is involved, it’s no wonder that business owners get nervous about staying compliant. But you can rest easy if you’ve got an implementation partner like ANSI. After years of doing work that involves coordinating with the Philippine government as well as Filipino business owners, we’ve become quite familiar with the bureaucracy and the requirements involved in BIR CAS compliance. We’ll be happy to share our experiences with you so that you can become more confident about registering your CAS, using it to generate outputs, and submitting your outputs in a BIR-compliant format.
We pride ourselves on our ability to match information technology solutions with the businesses that need them the most. With ANSI, we won’t stop at recommending the solution that can simply do the job. We’ll run you through the most viable options for your business considering its size, industry, number of clients, size of inventory, and the like. The end goal is to match you with a computerized accounting solution that not only keeps your company BIR-compliant, but also enhances the rest of the work you do.
A CAS is not the kind of product that you can use right out of the box. It will take some time to integrate the CAS with your existing accounting and point-of-sale systems, as well as to acclimatize your staff on its usage. For ANSI, this is just par for the course. We won’t rush the onboarding process or implement the software haphazardly. We’ll be sufficiently prepared to run tests on the new system to see if it will perform as expected. In addition, we can assist in training your staff so that it won’t be long before they can do their day-to-day accounting work on the new system.
For a vendor like ANSI, the buck doesn’t stop at CAS implementation. We know that you may experience some growing pains with your new CAS, especially in the first few months. Knowing that, we’re ready to provide assistance in troubleshooting common CAS-related problems. You can also reach out to us for advice on important issues, like scaling up your CAS to accommodate growth in your business operations.
Whether you represent a large taxpaying company that’s mandated to use a CAS or an SME that wants to modernize its accounting system by choice, ANSI can help you achieve BIR compliance. Our previous clients have good things to say about their CAS upgrades, as you’ll be able to see from ANSI’s customer testimonials. Our method of implementation has helped them face the challenges of BIR compliance, and it has also improved their operations and financial planning.
Let us extend the same standard of service when we integrate a new CAS into your company’s workflow. Don’t hesitate to get in touch with ANSI and to ask about the computerized accounting solutions that we have available. You can also schedule a free demo so that you can visualize how the CAS will work for you.
Modernize your current accounting processes to succeed at local regulatory compliance, and set your company up for bigger things. Contact ANSI and partner with us now!