Title: TRAIN Law and Other Tax Updates

Date: May 11, 2018

Time: 9:00 am - 4:00 pm
Venue: Kuya Max Grill and Restaurant · Dagupan City, Philippines
PART 2
BATCH 1
No CPD Units
Title: Bookkeeping: How to record transactions in books of accounts for Non-VAT Seller of Service
Date: May 12 - 13, 2018
Time: 9:00 am - 4:00 pm
Venue: Kuya Max Grill and Restaurant · Dagupan City, Philippines
Here is the Learning Outcome PART 1:
1. Understand Taxation for Self-employed Individuals and/or Professionals.
2. Comprehend Taxation for Purely Earning Compensation Income Earners.
3. Learn Taxation for Mix Income Earners- Those individual taxpayers earning both income from
conduct of trade, business, or practice of profession and employment in company as an employee.
4. Differentiate 8% Flat tax rate vs. Graduated tax rate and Percentage tax rate.
5. Determine New Graduated tax rates for Individual taxpayers.
6. Identify New Tax deadlines.
7. Learn Passive income and its new final withholding tax rates.
8. Distinguish Business tax: Percentage tax vs. VAT.
9. Apply New invoicing requirements.
10. Recognize New threshold for audit of Financial Statements.
11. Learn New Estate tax and Donors tax rates.
12. Identify New Income tax returns pages and Installment of income tax due.
13. Understand and Comprehend Other tax updates.
Here is the Learning Outcome PART 2:
1. Understand what is accounting and bookkeeping.
2. Determine importance of accounting and its significant impact on business.
3. Define elements of financial statements.
4. Learn rules of debit and credit.
5. Comprehend legal basis of recording transactions in books of accounts.
6. Distinguish three (3) different kinds of books of accounts.
7. Identify common mistake in subsequent application of manual books of accounts and authority to
print (ATP).
8. Describe the use of each of the following books of accounts:
a) General Journal;
b) General Ledger;
c) Cash Receipts Journal; and
d) Cash Disbursements Journal.
9. Apply language in which books of accounts are to be kept and translated.
10. Apply ink or indelible pencil in recording the entries in books of accounts and other accounting
records.
11. Determine rules in the preservation of books of accounts and other accounting records.
12. Differentiate cash basis from accrual basis of accounting.
13. Analyze business transactions and apply rules of debit and credit.
14. Journalize and post transactions using:
a) General Journal;
b) General Ledger;
c) Cash Receipts Journal; and
d) Cash Disbursements Journal.
15. Make trial balance and locate and correct errors, if any.
16. Closing of books of accounts.
Promo Discounts:
-Early Bird Discount P200 (If investment fees is paid on or before May 4, 2018)
-Friendship Discount P200 (Invite each friend who are willing to learn)
-Two-in-one discount P300 (Register any two topics and get P300 discount)
-Student Discount P200 each topic (With valid student ID)
Investment fees include breakfast, lunch, PM snack, materials, certificate, and souvenir. Plus FREE
consultation with our speaker.
To register, please click link below and fill out form.
https://goo.gl/forms/pcyPvf2GZrxvDJI52
You may visit us at our new office at No. 2 9th street East Tapinac, Olongapo City (in front of Wesley
side gate)
Contact person: Ms. Jonalyn
09503822563 / (047) 271 3323