With right exposure to compliance services, the Xerosoft Management Consultancy (XMC) Asia conducted a free seminar which benefitted over twenty-four employees of Cohaco Merchandising & Development Corporation, NGC Land Corporation, and Cebu Oversea Hardware Co.,Inc. on March 14, 2019 at Makati City.
The seminar aimed to provide accounting/billing/purchasing department staff with an update on relevant Bureau of Internal Revenue (BIR) issuances and rulings covering Invoicing and Other Administrative Requirements.
Tax consultant Esmeraldo Baon, Jr., through his informative and interactive discussion, made it clear that proper knowledge on invoicing will help the business be compliant with the substantiation requirements of BIR.
The employees also participated during the open forum when they raised some concerns they deal with regarding compliance on the regulations set forth under the current BIR administration.
XMC Asia achieved its goal of sharing its expertise among business owners and employees through free seminars. The company further plans to hold such seminars in order to promote the importance of compliance in the continuous growth of every business.