Skip to main content
BIR Issuancesby BetterGov.phBeta
Official source
Browse issuances
Revenue Memorandum Order · RMO

RMO No. 13-2022

RMO No. 13-2022 amends Item IIIA of RMO No. 56-2019 on the initial recording of internal revenue tax collections thru Authorized Agent Banks, and Item III.C of RMO No. 36-2016 on the basis of the amount reflected in BIR Form 12.09 for taxes collected by Revenue Collection Officers.

Bureau of Internal RevenueIndependent research copy
Document type
RMO
Number
13
Year
2022
Text quality
Not specified

Document text

Reference copy · verify against the official source
BIR RMO No. 13-2022 updates two earlier internal issuances on how the Bureau records tax collections in its books. The Revenue Accounting Division initially records all tax collections made through Authorized Agent Banks in the National Office Collection Books using the daily Consolidated Report of Daily Collections and BSP Authority to Debit, then transfers out collections per Revenue Region to Regional Finance Divisions via Journal Entry Vouchers for recording in the Regional Office Collection Books. Revenue District Offices must report taxes collected by Revenue Collection Officers in BIR Form 12.09 based on the collection date, and RFDs/RDOs must disclose in footnotes when undeposited RCO collections are actually deposited with an Authorized Government Depository Bank, to reconcile recorded collections with the Bureau of the Treasury.