Set up your company details
Registered name, TIN, VAT or non-VAT status, percentage tax, 8% option and government employer IDs.
These details print on your invoices and reports, so set them first.
Where: Administration › Settings › Company Settings.
Company info
- Registered Company Name: as it appears on your official registration documents.
- Business Address, TIN, Business Style, Email and Phone.
- Proprietor Name (sole proprietors) and Authorized Representative / Cashier, the name printed on the invoice signature line.
VAT Registration Status
Choose VAT Registered or Non-VAT Registered. This controls whether invoices show VAT lines or the non-VAT format.
- VAT Registered: invoices show VAT lines and a quarterly VAT worksheet is available.
- Non-VAT Registered: invoices show the non-VAT format and a percentage tax worksheet is available.
Which one applies to your business is for you and your accountant to decide.
Percentage tax and the 8% option
- VAT / Percentage Tax Status: leave it on Not exempt unless your accountant confirmed otherwise.
- Percentage Tax Rate: the rate used by the percentage tax worksheet. Set it as your accountant advises. Earlier quarters keep the rate stored for them.
- 8% Income Tax Option: choose Availed 8% only if your accountant confirms it applies to you. The percentage tax worksheet is then turned off.
Registration numbers and invoice series
- BIR Acknowledgment Certificate No. and Date Issued: leave blank until you have the certificate.
- RDO Code: printed on Form 2307 certificates.
- Approved Series Range From / To: the invoice number range for your invoices, printed on every invoice. Enter it as shown on your official documents.
Government employer IDs
SSS, PhilHealth and Pag-IBIG Employer ID, used on payroll reports such as SSS R-3.
Click Save.
Important: Change the VAT status only when your registration really changes (for example, you registered for VAT). Ask your accountant about the effective date. Invoices already issued are not changed.
Note: GodoERP is accounting software, not the BIR, SSS, PhilHealth, Pag-IBIG or a tax or legal adviser. Check forms, amounts and deadlines with your accountant or the agency.