This Circular amends Section 2 of RMC No. 29-2019 regarding the manner of registration of books of accounts using the ORUS facility at https://orus.bir.gov.ph.
The amendment provides that all books of accounts (BA) shall be registered online with ORUS.
| Type of Business Registrant | Type of Books of Accounts | Deadline for Registration | Frequency |
|---|---|---|---|
| New Business Registrant | Manual Books of Accounts | Before deadline for filing of initial quarterly ITR or AITR whichever comes first. | Before full consumption of the pages of previously registered books |
| Existing Business Taxpayers or Subsequent Registration | Manual Books of Accounts | Before use of books. | Before full consumption of the pages of previously registered books |
| Permanently Bound Loose leaf Books of Accounts | Within 15 days after end of each taxable year or within 15 days from closure of business operations, whichever comes first, unless extended by CIR or authorized representative upon request of the taxpayer before the lapse of the period. | Annually | |
| Computerized Books of Accounts | Within 30 days from close of each taxable year or within 30 days from closure of business operations, whichever comes first, unless extended by CIR or authorized representative upon request of the taxpayer before the lapse of the period. | Annually |