How to Enable BIR 1701 or BIR 1702 for SAWT

Overview:

Summary Alphalist of Withholding Tax at Source or SAWT serves as the consolidated Alphalist of withholding agents in which income was received and are subjected to withholding agents in the process.

Scenario:

To enable SAWT BIR 1702 on the Database.

Procedure:

1. Under the Navigation Panel, go to Company > Company Profile.

2. In the Company Profile, click the BIR tab and the Edit button to enter the BIR details of the company.

3. Fill in all the information needed:

• Category: Choose whether the business/Institution is Private or Government

• Classification: If the business was registered as Individual or Non-Individual

Note: If Individual, input the last name, first name, and middle name. Otherwise, input the Registered Company Name of the business.

The BIR Classification will identify what BIR form will be shown for the Database, BIR 1701 or BIR 1702. 

4. Once done entering the details, click Save.

Application:

1. Under the Navigation Panel, go to BIR > SAWT.

2. Since the BIR Classification has been set to ‘Non-Individual’, SAWT BIR 1702 will be shown.

Note: If the Classification is Individual, SAWT for BIR 1701 DAT File will be enabled

Important Note:

• Editing and Deleting Transactions: According to regulatory guidelines, modifications or deletions of recorded transactions in the system may be strictly prohibited once Computerized Accounting System (CAS) approved. It's vital to adhere to your company's internal policy regarding these functionalities. It is generally advisable to disable or limit the ability to edit/delete to maintain compliance with regulations.

System Scope: QNE AI Cloud Accounting / N3 AI Accounting