10/08/2026
𝐕𝐀𝐓: 𝐀𝐜𝐜𝐫𝐮𝐚𝐥 𝐁𝐚𝐬𝐢𝐬 𝐮𝐧𝐝𝐞𝐫 𝐄𝐎𝐏𝐓 📌
Sa VAT, ang accrual basis ay tumutukoy sa recognition ng Output VAT.
Pero para maging creditable ang Input VAT, hindi sapat na na-record lang ang expense o asset purchase.
✅ Dapat may valid VAT Invoice na nagsisilbing supporting document for the Input VAT claim.
𝗞𝗲𝘆 𝗽𝗼𝗶𝗻𝘁:
Recording an expense is not the same as having a creditable Input VAT.
When in doubt, consult a tax professional or accountant.