Country Type Requirements

Philippines Invoice Invoice needs to show Tax Summary details and BIR
permit number and related information. Invoice types
going to be used in country
a) Final,Debit,Proforma,consolidated detail
b) Invoice,Detention & Demurrage Invoice
c) Consolidated Summary Invoice,
d) Credit Invoice
e) Manual&Misc.Invoice Invoice

Philippines Invoice Invoice Layout

a) VAT summary of each %
b) BIR permit number and related information
c)Instead of "VAT Reg. No" use "TIN Reg.No"

The amount summary is required for vat-registered

companies. B736 is vat-registered, the summary
applies to invoices issued out of B736 though only its
chassis lease transactions are subject to VAT.

Separate 'Tax Summary' and BIR Inforatin sections

need to show at the bottom of the Invoice

Philippines

Philippines

Philippines

Philippines

Philippines Invoice Different series for inbound and outbound to facilitate

tax and revenue reporting with BIR. Different series for
different types of invoices

Invoice series to be registered with BIR to keep track of

revenue and tax in PH.

Philippines Invoice There is no statutory requirement to use other

language for Philippine Invoice layout. English to be
used fo invoice form ( Invoice, Credit Notes, Debit
Notes, Tax Invoice, Consolidated Invoices , Performa
Invoice, etc.)

Philippines Invoice There is no specific format to show exchange rate on

Invoice output.

Philippines Invoice There is no legal and statutory requirement to show

specific format to show payment terms details In
Invoice.

Philippines Invoice Procedure for Invoice adjustements

Philippines Invoice Exchange rate

Philippines Invoice Exchange rate source

Philippines Closing Carrier Tax & fright Tax

Philippines Output Tax consumption tax applicable

Philippines Output Tax Tax rounding rules

Philippines Output Tax Maintain Output Tax Determination Rules

Philippines Withholding Withholding tax

tax

Philippines Withholding WHT reporting

tax
Philippines Cashering Receipt Layout
Fit Gap Analysis Validate PIC Global or local Gap ID

Add the following information in the xml file generated by CCI-E102 : Edmond Tham Global G0012
a) VAT summary of each %
b) BIR permit number and related information
c)Instead of "VAT Reg. No" use "TIN Reg.No"

New Invoice Layout (Final, Debit, Proforma, Consolidation detail invoice) Edmond Tham Local G0012

New Invoice Layout (D&D invoice) Edmond Tham Local G0012

New Invoice Layout (Consolidated Summary invoice) Edmond Tham Local G0012

New Invoice Layout (Credit invoice) Edmond Tham Local G0012

New Invoice Layout (Manual & Misc invoice) Edmond Tham Local G0012

Invoice Number range : Edmond Tham Global G0011

Different number range for Inbound, Outbound , BL, NBL and Manual Invoice types

Invoice Layout - No Local Language required Edmond Tham Global NA

English
Can follow GT

Invoice Layout- Show Exchange rate on Invoice Layout Edmond Tham Global NA
No Specific format is required to show exchange rate on Invoice, Can follow GT

Invoice Layout- Payments terms. Edmond Tham Global NA

Can follow GT

Invoice Adjustment - Can cancell and re-bill invoice. Can follow GT Edmond Tham Global NA

New exchange rate to be configured- PDS (Phil Dealing System regulated by Central Edmond Tham Local G0014
Bank of the Phils)
PH will use only 2 currencies PHP and USD

Central bank exchange rate to be used to convert all currencies e.g. : Edmond Tham Local NA
PHP <--> USD, USD <--> PHP - Manual update
Carrier Tax and Fright Tax Edmond Tham Global G0017
Carrier Tax requirement is same as Freight Tax. But with different percentage.
Fright Tax = 1.5%
Carrier Tax = 3.0%

Value added Tax Edmond Tham Global NA

Normal Rounding Rules, that is 2 decimal places Edmond Tham Global NA

Philippines Tax Rates Edmond Tham Global NA

Vatable - 12%
Zero-Rated - 0%
Exempt-0%

2% withholding tax applies to outbound freight revenue collected in the Ph as the Edmond Tham Global NA
services rendered in the Ph. Collect charges pertaining to outbound transactions are
not subject to withholding tax since the payor is not a withholding tax agent in the
Ph.
Freight collect charges for inbound transactions should not be subject to
withholding tax as the service was rendered abroad.

The BIR requires a list of CWT's applied against our freight tax payment. - can follow Edmond Tham Global NA
GT
Official Receipt / Acknowledgement Receipt: Edmond Tham Local G0013
APL Co & APL Ltd can have the same receipt layout as it is not regulated by the
government.
Use different number ranges for APL Co & APL Ltd
Show how payer tax ID and company TIN ID in receipt layout.
Issue receipts for bank transfers
Receipt for revenue items title should be printed as Official Receipt and for non
revenue & security deposits as "Acknowledgement Receipt
Both Official and Ack Receipts need to have separate number ranges
Only for "Official Receipts", VAT presentation needs to be shown at bottom
APL and Payers Tax ID is required on both "Official and acknowledgment receipts
VAT Percentage is applicable as prorated for partial payments
New or WRICEF Type Document reference
Change
Change Enhancement FSE-CCI-E102 Output Data formatting

New Form FSF-CCI-F039 Final,Debit,Proforma,consolidated detail Invoice

New Form FSF-CCI-F040 Detention & Demurrage Invoice

New Form FSF-CCI-F041 Consolidated Summary Invoice

New Form FSF-CCI-F042 Credit Invoice

New Form FSF-CCI-F043 Manual&Misc.Invoice

Change Enhancement FSE-CCI-E158 Philippines Invoice Number Range

NA NA

NA NA

NA NA

NA NA FPDD 05.09.01 Provide Customer Invoice

New Configuration Configuration - Exchange Rate Type

NA NA
 Change Enchancement FSE-CCI-E090-Enhancement on Freight Tax

NA NA FPDD 07.10.01 Output Tax

NA NA

NA NA FPDD 07.10.01 Output Tax

NA NA FPDD 07.10.02 Withholding Tax

NA NA

New Form FSF-CCI-F044 Official Receipt / Acknowledgement Receipt

Layout-Phillipines