Income vs Expenses
Jan – Jun 2025Recent Transactions
View all →| Description | Type | Date | Amount |
|---|---|---|---|
| Web Design – ABC Corp | Income | Jun 14 | +₱35,000 |
| Adobe Creative Cloud | Expense | Jun 12 | -₱1,499 |
| Consultation – Dr. Santos | Income | Jun 10 | +₱8,000 |
| Internet Subscription | Expense | Jun 5 | -₱1,899 |
| Logo Design – Startup PH | Income | Jun 2 | +₱12,000 |
Filing Reminders
Net Income Summary
Expense Breakdown by Category
Jan – Jun 2025Recent Expenses
| Description | Category | Date | Amount |
|---|---|---|---|
| Adobe Creative Cloud | Software | Jun 12 | ₱1,499 |
| PLDT Fiber Bill | Internet | Jun 5 | ₱1,899 |
| Coursera Subscription | Prof. Dev | May 30 | ₱2,100 |
| Grab to Client Meeting | Transport | May 28 | ₱350 |
| Notebook & Pens | Office | May 20 | ₱580 |
Monthly Totals
BIR Deductibility
Under the graduated rate, you can deduct allowable business expenses from gross income. Under 8% flat rate, expenses are not deductible.
Select Tax Method
8% Flat Rate
Applied on gross sales/receipts above ₱250,000 annual threshold. Simple, no expense deductions needed. Best for low-expense businesses.
Graduated Income Tax Rate
Applied on net taxable income after deducting allowable business expenses. Best if your expenses are high relative to income.
BIR Forms Checklist
ABC Corporation
Dr. Maria Santos
Startup PH Inc.
TechBridge Solutions
Reyes & Villanueva Law
Income & Profit Report
Monthly and annual breakdown of gross income, expenses, and net profit. Export-ready for accountant review.
BIR Tax Summary
Annual tax computation, quarterly breakdowns, filed vs unfiled status. Matches BIR Form 1701A structure.
Invoice Aging Report
Overview of outstanding invoices grouped by age (30/60/90 days). Track what's owed and what's overdue.
Client Revenue Report
Revenue per client, sorted by total billed. Identify your highest-value relationships at a glance.
Expense Analysis
Detailed breakdown of all expenses by category, month, and deductibility status under BIR rules.
Filing Calendar Export
Export all BIR deadlines for the year to your calendar app (Google, Apple, Outlook).