Taxpayer may convert and use the Remaining Official Receipts as Invoice and convert the Billing Statement/Statement of Account/Statement of Charges into Billing Invoice from April 27, 2024 until they are Fully Consumed - BIR RR No. 11-2024

The bureau has issued Revenue Regulations (RR) No. 11-2024 amending the Transitory Provisions of RR No. 7-2024 Relative to the Deadline for Compliance with Invoicing Requirements.

It stated in Section 8 (2.2) of these regulations that the Taxpayer may convert and use the remaining Official Receipts as Invoice and convert the Billing Statement/Statement of Account/Statement of Charges into Billing Invoice with details as follows: 

2.2 Taxpayer may convert and use the remaining Official Receipts as Invoice and convert the Billing Statement/Statement of Account/Statement of Charges into Billing Invoice. - For ease of doing business, taxpayers shall allowed to strikethrough the word "Official Receipt" [e.q. Official Receipt] or "Billing Statement/Statement of Account/Statement of Charges into Billing Invoice" [e. g. Billing Statement] on the face of the manual and loose leaf printed receipt and stamp "Invoice", Cash Invoice", "Charge Invoice", "Credit Invoice", "Service Invoice", or any name describing the transaction, and to be issued as primary invoice to its buyer/purchaser until fully consumed. Provided, that the converted "Official Receipt", or "Billing Statement/Statement of Account/Statement of Charges" shall contain the required information provided under Section 6(B) of RR No. 7-2024, including the the quantity, unit cost and description or nature of service pursuant to Sec. 237 of the Tax Code. Such information and other required information mal also be stamped if not originally indicated in the old Official Receipt/Billing Statement/Statement of Account/Statement of Charges to comply with these requirements.

The above documents shall considered valid for claiming of input tax by the buyer/purchaser and can serve as proof of both sales transaction  and payment at the same time for the period issued from April 27, 2024 until the are fully consumed, provided that the converted Invoice/Billing Invoice to be issued bears the stamped "Invoice/Billing Invoice" and there is no missing information as enumerated under Section 3(d)(3) of RR No. 7-2024.

Effective April 27, 2024, any manual/loose leaf "Official Receipts" issued without a stamped "Invoice" will be considered supplementary documents as provided in Section 8(2.1) of these Regulations, and intelligible for input tax claims.

The stamping of Official Receipt as Invoice or Billing Statement/Statement of Account/Statement of Charges as Billing Invoice by taxpayer does not require approval from any Revenue District Offices/LT Offices/LT Division but must comply with Section 8(2.3) hereof. Taxpayer should obtain newly printed invoices with an Authority to Print (ATP) before fully using or consuming the converted Official Receipts/Billing Statement/Statement of Account/Statement of Charges.

Please consider the link: https://www.bir.gov.ph/images/bir_files/internal_communications_1/Full%20Text%20RR%202024/RR%20No.%2011-2024.pdf of the full text of RR No. 11-2024.

Taxpayer to Convert and Use the Remaining Official Receipts as Invoice Valid until December 31, 2024 - BIR RR No. 7-2024

As of part of the "Ease of Paying Taxes Act" the bureau taxpayer will convert and use the remaining Official Receipts as Invoice under SECTION 8 (2) (2.2). Transitory Provisions of Revenue Regulations (RR) No. 7-2024 to read as follows: 

2. Unused Official Receipts -

2.1 xxxxxxxx

2.2 Taxpayer to convert and use the remaining Official Receipts as Invoice. - For ease of doing business, taxpayers shall be allowed to strikethrough the word "Official Receipt" on the face of the manual and loose leaf printed receipt and stamp "Invoice", "Cash Invoice", "Credit Invoice", "Billing Invoice", "Service Invoice". or any name describing the transaction, and to be issued as primary invoice to its buyer/purchases until December 31, 2024. These documents shall be valid for claim of input tax by the buyer/purchases for the period issued from January 22 to December 31, 2024., provided that the invoice to be issued bears the stamped "Invoice" and contains information required under Section 6(B) of these Regulations. The converted Invoice as defied Section 2 hereof can serve as proof of sales transaction and proof of payment at the same time. Any Official Receipts, whether stamped with "Invoice" or unstamped, issued after December 31, 2024, will be considered supplementary documents as provided in Section 8(2.1) of hereof and ineligible for input tax claims.

The stamping of official receipts as invoices by taxpayers does not require approval from any Revenue District Offices/LT Offices/LT Divisions but must comply with Section 8(2.3) hereof. Taxpayers should obtain newly hired printed invoices with an Authority to Print (ATP) before the fully using or consuming the converted Official Receipts or before December 31, 2024, whichever comes first.

Please refer https://www.bir.gov.ph/images/bir_files/internal_communications_1/Full%20Text%20RR%202024/RR%20No.7-%202024.pdf of the full text of RR No. 7-2024.