Field Notes№ 06
The Libro Blog
Thoughts on bookkeeping, business, and building Libro — from the people writing the software you'll use to keep your books.
Starting a Business? Here's What the BIR Needs
A practical checklist for registering with the BIR through NewBizReg — ₱30 in fees, 3 working days, and the exact documents per business type.
Ogie Galicia/May 20 2026/9 min
Read more
Archive · 05 entries
The Only BIR Deadline Cheat Sheet You'll Ever Need
The complete BIR filing calendar for monthly, quarterly, and annual returns — covering individuals, sole proprietors, partnerships, and corporations.Closing a Business with the BIR Just Got Simpler
BIR RMC 47-2026 cuts business closure down to four documents and 3 working days for micro taxpayers. Here is the new process, line by line.How to Register as a BMBE (and Skip Income Tax)
Register as a Barangay Micro Business Enterprise under RA 9178: assets up to ₱3M, full income tax exemption, free filing, approved in 15 working days.How to Record Transactions in Your Books of Accounts
Worked examples of how to record transactions in each of the 6 (VAT) or 4 (non-VAT) required books of accounts in the Philippines, with 12% VAT flow.What Books of Accounts Do You Actually Need?
BIR books of accounts under RMC 29-2019: 6 books for VAT, 4 for non-VAT, 5-year retention under R.A. 11976, CPA audit required above ₱3M sales.