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Unreported Sales

This report compares your sales reported in VAT and Income Tax Returns with sales reported by your customers through 2306 or 2307.

Maui Banag avatar
Written by Maui Banag
Updated over 3 years ago

Unreported Sales is equal to fraud, this is why it is important to still track them after reporting to the BIR. This report will help you identify inconsistencies in both reports, avoid penalties, anomalies, and undesired audits.

NOTE:

  • Transactions should have already been “reported” to the BIR to be able to generate this report.

  • This report is only available to PLUS organizations.

To access the Unreported Sales report:

From the Sidebar, click on Plus. Under Plus, choose Other Reports then select Unreported Sales.

With the Unreported Sales, you'll be able to view a summary of sales reported in VAT or Percentage Tax with sales reported by your customers through 2306 or 2307.

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