MPBL SCHEDULE BINAN TATAK GEL
7.31.2025 #onlinediary CLOWN NA CHEAP PNP CHIEF
BUMAGSAK yung pesos now gawa ng ginawang clown ng cheap PNP yung gobyerno.. from 56php:1 usd lang few days ago bago yung clown boxing, now 58php:1 usd na..
Sinong INvestor sa tingin mo magtitiwala na safe sila sa Pinas if CLown ang cheap PNP???
badtrip ako, kasi dollars yung utang ko sa mga suppliers namin abroad.. so lalo ako hindi makaahon sa kahirapan nito..ito yung sinasabi ko.. langya talaga
hindi rin pabor sa mga family ng OFW yung pagbagsak ng pesos, tataas nga value ng padala, pero ganon din kasi tataas din price ng gasolina at bilihin kasi taas ng dollars now..
yan ang mangyayari if ang mga foreign investors is hindi feeling safe..
kakaumay na yung mga drama at away nitong marcos vs duterte..
7.29.2025
If you purchase goods from abroad (international/import purchases), you must still record them in your Purchases Journal for BIR compliance. Here's how:
Even if your supplier is overseas, you must treat the transaction as an import, and record it accordingly. Here's what to include:
| Date | Supplier | OR/Invoice # | Description | Amount (PHP) | VAT Input | Remarks |
|---|---|---|---|---|---|---|
| 07/29/2025 | Alibaba | N/A | Imported Soldering Tools | ₱10,000.00 | ₱0.00* | Import – BOC paid |
| Aspect | What to Do |
|---|---|
| Supplier Name | Indicate the foreign supplier (e.g. Alibaba, Amazon, etc.) |
| Invoice No. | Use the commercial invoice number (or indicate “N/A” if none) |
| Amount | Use landed cost (including shipping, insurance, duties, VAT at Customs) |
| Input VAT | Input VAT is claimed only if paid to BOC during importation |
| Remarks | Note that it’s an import purchase |
You can claim input VAT if:
You are VAT-registered.
You paid 12% VAT to the Bureau of Customs (BOC) during import.
You have a BOC Official Receipt or Import Entry & Internal Revenue Declaration (IEIRD).
⚠️ You cannot claim input VAT on foreign invoices alone—only if the VAT was paid to BOC.
Let’s say:
$150 × ₱56 = ₱8,400
Shipping = ₱2,000
Import duties + VAT (paid to BOC) = ₱2,500
Total Landed Cost = ₱12,900
Your Purchase Journal entry:
| Date | Supplier | OR/Invoice # | Description | Amount | VAT Input | Remarks |
|---|---|---|---|---|---|---|
| 07/29/2025 | Shenzhen Tools | 1001CN | Imported soldering tools | 12,900.00 | 1,200.00* | VAT paid to BOC (import) |
Commercial invoice from the foreign supplier
Airway bill or Bill of Lading
Import Entry (IEIRD) from BOC
BOC receipt showing 12% VAT paid
Proof of payment to supplier (bank transfer, PayPal, etc.)
These are important for both BIR and customs audits.
| Step | Action |
|---|---|
| 1. Include in Purchases Journal | Yes, even for imports |
| 2. Use landed cost | Include freight, insurance, duties, taxes |
| 3. Claim input VAT only if eligible | If VAT was paid at BOC and you’re VAT-registered |
| 4. Use proper documentation | Keep invoices, BOC docs, shipping records |
what are the things you can put in the purchases journal? BIR philippines
ChatGPT said:
In the Philippines, for BIR compliance, the Purchases Journal (also referred to in bookkeeping as the Purchase Book or Book of Purchases) is primarily used to record all purchases of goods, services, and other expenditures that support your business operations. It is required for both VAT-registered and non-VAT businesses.
✅ What You Can Include in the Purchases Journal (BIR-compliant):
1. Goods for Resale or Manufacturing
Merchandise bought for resale
Raw materials and supplies used in production
2. Services (if related to operations)
Professional fees (accounting, legal, IT)
Marketing or advertising services
Repairs and maintenance services
Freight and delivery charges
3. Capital Goods / Fixed Assets
Equipment and machinery
Furniture and fixtures
Computers, printers, etc.
If you're VAT-registered, capital goods are monitored separately under BIR Form 2550M/Q.
4. Office and Operating Supplies
Paper, ink, cleaning materials
Small tools and consumables
5. Utilities and Other Operational Expenses
Electricity
Water
Internet and telephone
6. Rent
Office or store rent
Yes, rent can be included in the purchases journal if it's a record of all business-related purchases including services and operating expenses (not just merchandise).
7. Other Allowable Business Expenses
Insurance
Licenses and permits
Delivery and courier services
š BIR Requirements (Key Columns in Purchases Journal):
For VAT-registered businesses, the BIR requires the Purchases Journal to include the following fields:
| Date | Supplier Name | TIN | Address | Description | OR/Invoice No. | Amount (Gross) | VAT Amount | Net of VAT | Withholding Tax (if any) |
❗ REMINDER:
Always ask for a VAT Official Receipt (for services) or Sales Invoice (for goods).
Attach supporting documents like receipts/invoices for each entry.
Ensure correct classification (capital goods, services, etc.) for proper BIR reporting.
✅ Summary:
Yes, the BIR-compliant Purchases Journal can include not just inventory, but also services, rent, utilities, capital goods, and other allowable business expenses — as long as they are business-related and properly supported by valid receipts or invoices.
Social disconnection shortens lives and fractures societies. The WHO is urging leaders to act now before more lives are lost.
Around the world, an invisible threat is increasing the risk of disease, shortening lives and fraying the fabric of our communities. Social disconnection – when a person lacks sufficient social contact, feels unsupported in their existing relationships, or experiences negative or strained connections – is an increasingly serious but often overlooked danger to health and wellbeing. There are several forms of social disconnection, including loneliness and social isolation.
Today nearly one in six people globally report feeling lonely. Among adolescents and young adults as well as people living in low-income countries, the rate is even higher. But loneliness and social isolation are not just emotional states – they can be lethal. According to a recent report from the World Health Organization (WHO), from 2014 to 2019, loneliness was associated with more than 871,000 deaths annually – equivalent to 100 deaths per hour. We now have irrefutable evidence that social health – our ability to form and maintain meaningful human connections – is just as essential to our wellbeing as physical and mental health. Yet for too long, it has been ignored by health systems and policymakers alike.
The report by WHO’s Commission on Social Connection comes a month after the World Health Assembly adopted the first ever resolution on social connection. The report marks a turning point for this serious global health threat and highlights the need for decisive leadership and action. The commission’s report charts a clear path forward with evidence-based strategies to reverse this scourge and strengthen the bonds that allow individuals and societies to thrive.
Humans are hardwired for connection. From our earliest years, relationships shape our brains, our emotions and our chances of living a healthy life. Conversely, disconnection, whether through loneliness, or social isolation, can have devastating impacts: It increases the risk of heart disease, stroke, depression, anxiety, dementia and premature death. It can also result in poor school and work performance and costs economies and societies billions per year.
But the good news is that solutions exist. The commission’s report outlines interventions that work – from national policies and community programmes to campaigns and individual support strategies. It highlights a range of successful examples: peer-to-peer support for low-income older people in South Africa; “social prescribing” of activities to older adults in South Korea, like music, storytelling, gardening and self-help groups; integrating social connection into broader development policy in Djibouti; embedding it as part of ageing policies in Albania and in mental health policy in Spain; establishing dedicated national strategies in countries such as Denmark, Germany, Japan, Finland, the Netherlands and Sweden; and campaigns to encourage small acts of kindness in Australia, Great Britain and the United States.
We call on all countries to prioritise social connection.
This is not only about personal health and wellbeing. It is also a cornerstone of economic prosperity, national resilience and social cohesion. Societies that foster trust and connection are more innovative, more secure and better able to respond to crises. The COVID-19 pandemic brought this truth into stark relief. As lockdowns forced physical separation, the human need for connection became unmistakable – and so did the costs of its absence.
The WHO commission proposes a global roadmap built around five key pillars – policy, research, interventions, measurement and engagement.
The key actions it calls for are to develop national policies that integrate social connection into health, education and labour agendas; invest in research to better understand what works; scale up culturally relevant and cost-effective interventions; collect better data to track the problem and measure progress; and build a global movement to change attitudes and reduce stigma.
It is critical that this movement includes the voices of those who have endured the pain of loneliness and social isolation as they understand what real solutions look like.
As leaders, we cannot afford to remain passive. Every day we delay is another day of lost potential, unnecessary suffering and preventable death. But if we act boldly, collaboratively and compassionately and on a large scale, we can build healthier, more connected and more resilient societies.
Social health is not a luxury. It is a human need. And now, more than ever, it must be a political priority.
