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Mastering Taxbase: A Comprehensive Guide
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Mastering Taxbase: A Comprehensive Guide

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Questions and Answers

TAXBASE is an accounting information system developed by a non-certified public accountant.

False

TAXBASE is compatible with Microsoft Office 2007.

False

TAXBASE can auto-generate BIR returns for eBIRFORM or EFPS submission.

True

The default password for SYSTEM is 1234.

<p>False</p> Signup and view all the answers

TAXBASE can run on Windows 7.

<p>False</p> Signup and view all the answers

In the HOME sheet, all cells are unlocked for editing.

<p>False</p> Signup and view all the answers

You can exit the system even if your company profile is incomplete.

<p>False</p> Signup and view all the answers

The HOME sheet shows a system flowchart with shortcut buttons to access all of its features.

<p>True</p> Signup and view all the answers

Clicking the HOME tab will keep all open sheets open and retain temporary files.

<p>False</p> Signup and view all the answers

The Non-Financial database is an organized collection of financial structured information.

<p>False</p> Signup and view all the answers

Study Notes

Introduction to TAXBASE

  • TAXBASE is an accounting information system that stands for TAXATION & BOOKKEEPING AUTOMATION SYSTEM in EXCEL.
  • It was developed by PAMAS (Panelo Accounting & Management Advisory Services) for their clients, but is now available to the public.

Features of TAXBASE

  • Developed by a programmer who is also a Certified Public Accountant with extensive experience in public practice and academe.
  • Designed to easily record data for bookkeeping and tax compliances based on the Philippine setting.
  • Auto-recording of journal entries and posting while entering data in special journals.
  • Auto-generating financial reports (A/R, A/P, Trial Balance, FS, etc.) per month, quarter or annual.
  • Auto-generating BIR returns (as reference) for eBIRFORM or EFPS submission.
  • Auto-generating esubmission files (SLSP, SAWT, QAP) and its corresponding dat files for validation.
  • Designed with comprehensive system controls with the use of macro programming.
  • EOPT (Ease of Paying Taxes Act - RA11976) - Ready.

System Requirements

  • Windows 10 and above.
  • Microsoft Office 2010 only.

Logging-In and Navigation

  • For trial version, log-in with password 1234, which can be changed once the full version key is purchased.
  • Default passwords for first-time users: LOG-IN Password - 1234, SYSTEM Password - 4321.
  • Upon logging in, the system directs to the [PROFILE] sheet, where users can create a new company, create a new calendar year, load data from previous versions, change passwords, or change trial version to full version.
  • To exit and start transactions, click the [HOME] sheet.
  • In [HOME] sheet, users can navigate to all sheets and access all features of the system using shortcut buttons.
  • Users can also navigate to specific sheets using tabs on the top.

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Description

Learn how to use Taxbase, an accounting information system developed by PAMAS, for efficient bookkeeping and tax accounting. Explore its features and benefits.

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