Frequently Asked Questions
The Alphanumeric Tax Codes indicate what type of tax a payee must remit to the BIR. Each ATC has a corresponding rate.
To learn more about ATCs, please check the official website of BIR.
Before ATC of a supplier may be set, enable the BIR Form No. 2307 module first through the transaction settings.
To set the ATC of a supplier..
- Go to Controlling > Masterlist > Vendors & Customers
- Select a supplier and click "Edit"
- Under the Business Info tab, select the appropriate Alphanumeric Tax Code
- Once done, click "Save"