RMC No. 65-2025 — Clarification on the registration of Books of Accounts for new business registrants

BUREAU OF INTERNAL REVENUE REPUBLIC OF THE PHILIPPINES DEPARTMENT OF FINANCE Quezon City

Bringing in Revenues for Nation-building July 2P2D23PINAS JUL "0"2 2025 BagOng

REVENUE MEMORANDUM CIRCULAR NO.0 6 5 - 2 0 2 5

SUBJECT : Clarification on the Registration of Books of Accounts for New Business Registrants

TO : All Internal Revenue Officers, Employees and Others Concerned

business. taxpayers register with the Bureau of Internal Revenue (BIR) during their registration of This Circular is issued to clarify what types of Books of Accounts can new business

who already have an existing TIN, can register any of the following types of Books of Accounts: New business registrants with no existing Taxpayer Identification Number (TIN) or

1 Manual Books of Accounts; or

3.Computerized Books of Accounts (CBA) Loose-leaf Books of Accounts (LLBA); or

issued. Therefore, the registration of LLBA or CBA cannot be processed simultaneously with the issuance of TIN. Once the TIN and required permits have been issued, the BIR Registration Books of Accounts or Acknowledgement Certificate (AC) for CBA or Computerized Officer may update the taxpayer's record to reflect the registration of LLBA or CBA. Books of Accounts. However, they are required to secure a Permit to Use (PTU) Loose Leaf Accounting System (CAS) before use. These permits can only be issued after a TIN has been To clarify, taxpayers who opt to use LLBA and CBA are not required to register Manual

or recordings upon commencement of business operations, without approved PTU or AC. registration. Taxpayers who opt to use LLBA or CBA shall be liable for failure to make entries under Revenue Memorandum Circular No. 3-2023 and is not mandatory during business The registration period of Manual Books of Accounts, LLBA and CBA is prescribed

All concerned are hereby enjoined to give this Circular as wide a publicity as possible.

J+. Commissioner of Internal Revenue ROMEO D. LUMAGUI, JR.

H2 OIC-Deputy/Commissiong Officer-in Charge (per RDAO No. Date af Signing: LARRY M. BARCELO, CESO IV Legal Groyp -000 8.9 5-2825 JUN 3 0 2923 C BUREAU OF INTERNALREVENUE RECORDS MANAGEMF JUL 0 2 2025 5iuisinn

ADMIN UNIIC1 9:SO