The Latest in the World of Accounting

Don’t Play Accounting Catch Up!

Admit it: after all the celebration, best wishes, and renewed hope that any new year brings, the reality for most of us is that January, the first month of the year, is spent catching up on your company’s accounting. With a bit of planning and foresight, though, this could easily have been avoided. To lessen…

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Calamity-Proofing Your Business

In the Philippines, typhoons and floods are a fact of life. Lately, we’ve been through a lot of severe weather –one of which was the recent Typhoon Odette. Despite those harsh conditions, businesses must operate normally, especially accounting service firms like our company. Rain or shine, flood or no flood, we need to service our…

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Donated Books Arrive in Maisog

Vertaccount’s maiden corporate social responsibility project is finally complete! Thanks to the guys at the Maisog Watershed Initiative for enabling us to help those in need.

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GET Subcontractor’s Deduction Effective July 1, 2013

The state of Hawaii has retired the law suspending deductions on subcontractors last July 1, 2013. What that means is contractors who fit a certain criteria can claim GET deductions on a portion of their revenues. Here’s a quick guide on what this is and how to know qualify.

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