An easier way to enter Cashflow entries for our VAT users
Inputting your Cashflow entries can be a hassle, especially for VAT users who usually have a lot of daily inflow. As we commit to a hassle-free tax filing experience, the VAT upload template is now available for use. Simply download the VAT Template (.xlsx format), fill it up whenever you can, and then upload it to automatically retrieve multiple entries. There will also be a summary page before we submit these entries so you have time to review these details prior to it appearing in your Cashflow.
Edit button during Cashflow Bulk Entry
An Edit button is now available in the Bulk Upload feature in the Cashflow tab. Now you can review your entries and revise any line prior to submission. With this, you can optimize your entry process and minimize avoidable mistakes.
SSS PRN Generation is back
Under Pay Bills, you can no longer have to do additional steps in order to generate your PRN. Get your PRN within the Taxumo app with the same process as before; input all necessary details such as your SSS Account Number, Membership Type, Applicable Month To and From, and the Amount.
1702 Partnership Income
Tooltips and field descriptions for the Quarterly Income Tax Return for Corporations (1702Q) form have been updated. Income entries categorized as Partnership Income will not be included during the calculation of 1702Q.
Fixes and Improvement In-App
Minor fixes done on the applications such as challenges encountered when upgrading subscriptions as well as improvements on the Tax Due tab.