PHILIPPINES

Upcloud Accounting is a Philippine-based accounting firm that leverages cloud technology to deliver efficient and cost-effective accounting services to local businesses. With a team of experienced professionals, Upcloud Accounting offers a wide range of services including bookkeeping, tax preparation, payroll processing, and financial reporting. By utilizing cloud technology, they provide clients with secure access to their financial data anytime, anywhere, and facilitate collaboration between clients and their accounting team. With a commitment to accuracy, reliability, and client satisfaction, Upcloud Accounting is a trusted partner for businesses looking to streamline their accounting processes and maximize their financial performance.

Accounting & Tax Compliance

SCALING

₱49,500

per month

For businesses that needs in-depth financial analysis with a virtual CFO to focus on growth

  • BIR Bookkeeping Compliance (Excel version only)

  • All Income and Business Tax Compliance

  • Government Compliance Monitoring (SSS, PHIC, HDMF, SEC, LGU)

  • Financial Statements - Monthly

  • Payroll Services - up to 40 employees

  • Cash Flow Forecasting - Quarterly

  • Financial Growth Plan Meeting - Quarterly

  • Dedicated Tax and Finance Manager - Up to 2 calls / Week

  • Bookkeeping Support - Unlimited

  • Accounting and Tax Software included

ACHIEVER

₱24,500

per month

For growing businesses that needs help to get their business to the next level, and needs assistance

  • BIR Bookkeeping Compliance (Excel version only)

  • All Income and Business Tax Compliance

  • Government Compliance Monitoring (SSS, PHIC, HDMF, SEC, LGU)

  • Financial Statements - Monthly

  • Payroll Services - up to 20 employees

  • Dedicated Tax and Finance Manager - Up to 1 Call / month

  • Bookkeeping Support - Unlimited

  • Accounting and Tax System included

STARTER

₱14,500

per month

For companies just starting out, and needs compliance with their Taxes

  • BIR Bookkeeping Compliance (Excel version only)

  • All Income and Business Tax Compliance

  • Government Compliance Monitoring (SSS, PHIC, HDMF, SEC, LGU)

  • Financial Statements - Quarterly

    Payroll Services - up to 5 employees

  • Dedicated Tax and Finance Manager - up to 1 Call / Quarter

  • Bookkeeping Support - Unlimited

  • Tax Software included

Business Licensing

Full Registration:

Non-Individual - (Partnership & Corporation)

₱45,000

  • SEC Registration (Articles of Incorporation, Basic Bylaws, etc)

  • LGU Licensing (Brgy. Mayor's Business Permit)

  • BIR Registration (inclusive of Books of Accounts, Authority to Print Receipt (ATP) and BIR Official Receipts)

Full Registration:

(Individual/Sole Proprietor)

₱30,000

  • DTI Certificate

  • LGU (Brgy. Mayor's Permit)

  • BIR Registration (inclusive of Books of Accounts and BIR Official Receipts)

Basic Registration:

(Individual/Sole Proprietor)

₱15,000

  • DTI Certification

  • BIR Registration

Business Closure

Basic Closure:

Individual/Sole Proprietor

₱25,000

  • DTI Certification

  • BIR Registration

  • SEC Registration (Articles of Incorporation, Basic Bylaws, etc)

  • LGU Licensing (Brgy. Mayor's Business Permit)

  • BIR Registration (inclusive of Books of Accounts, Authority to Print Receipt (ATP) and BIR Official Receipts)

Full Closure:

Individual - (Individual/Sole Proprietor)

₱50,000

  • DTI Certificate

  • LGU (Brgy. Mayor's Permit)

  • BIR Registration (inclusive of Books of Accounts and BIR Official Receipts)

Full Closure:

Non-Individual - (Partnership & Corporation)

₱75,000

  • SEC Registration (Articles of Incorporation, Basic Bylaws, etc)

  • LGU Licensing (Brgy. Mayor's Business Permit)

  • BIR Registration (inclusive of Books of Accounts, Authority to Print Receipt (ATP) and BIR Official Receipts)

Other Services

Micro for Start-up Professionals and Freelancers

₱4,500

(Per Month)

  • BIR Bookkeeping Compliance (Excel version only)

  • All Income and Business Tax Compliance

  • Financial Statements - Annual

  • Bookkeeping Support

Accounting & Tax System Implementation

Starts at ₱75,000

(Price May Vary)

For established companies who wish to migrate from manual or Excel-based Accounting into an automated software

Implementation, Training, & Support (Valid for 3 months)

  • Software implementation

  • Staff Training

  • Process Advisory

  • Recorded Training and Support

  • Xero Technology

  • Juan Tax Technology

Virtual Coaching Fee:

(Business Licensing)

₱5,000

  • For cases where area is not within our serviceable area, you can get your runner with

Requesting for a New BIR Official Receipt

₱5,000

  • Registration of 10 booklets / Sales Invoices / New Receipts

LGU/BIR Assessment (Inquiry of Open Cases/Penalties)

₱5,000

  • Acquiring of Routing Slip to know if your company has Open Cases / Penalties

Know More About Our Services

Business Licensing

Starting up your business, renewing your registration, or closing your business, with here in the Philippines can be a huge hassle and pain because of the long queue and manual system by the Philippine Government.

With our experience in handling licensing process, we can take you away from stress in this process. We can help you process the following licensing process.

a. Department of Trade and Industry (DTI) Registration (for individual/sole proprietor)

b. Securities and Exchange Commission (SEC) Registration (for partnership/corporation)

c. Brgy. Business Permit

d. Mayor's Business Permit

• Community tax certificate (CTC)

• Zonal/Locational clearance

• Occupational permit

• Fire and Safety Permit

• Health and Sanitary Clearance​

e. BIR Registration

• BIR Certificate of Registration (BIR 2303)

• Authority to Print Receipt (ATP)

• Official Receipt

• Books of Account​

f. Other necessary licenses and permits​g. SSS, PhilHealth, and PAG-IBIG Registration​h. Tax Clearance and clearing of Open Cases

g. SSS, PhilHealth, and PAG-IBIG Registration​

h. Tax Clearance and clearing of Open Cases

Accounting and Bookkeeping

Small business accounting made easy

We offer accounting and bookkeeping services for businesses across a wide range of sectors and industries in different countries (USA, Canada, Australia, and, Philippines) through the use of cloud accounting technology, namely Xero and Quickbooks Online.

We will keep your books up to date and in compliance with accounting standards and financial reporting requirements.

How does it work?

1. We study and analyze your business process

2. You provide us with the needed document (receipts, invoices, payroll details, statements, purchase orders, etc) by uploading these into a secure online platform such as Google Drive, Dropbox, Sharepoint, and, etc.

3. We process those files to your accounting and bookkeeping into your cloud-based software.

Why are many businesses switching to cloud-based accounting?

• It is automated! Save time, labor cost, and energy from process redundancy. Improves accounting accuracy greatly than manual accounting

• Protect your files from physical loss, destruction, and data privacy risk

• Reduce or eliminate storage cost

• Reduce or eliminate the paper cost

•Save you more space in your office

• Generate different business reports in a snap

• Overview of your current finances any time, and anywhere.

• Your account is secured through high-end encryption and double authentication feature

Have an accounting-related question? No problem! Our CPA-led team of experts is just one message away. No need to visit your offices or for you to visit ours. We can conduct online meetings and conferences. The way we perform our services generates real efficiencies across your entire business thus saving you from transportation cost too.

Tax and Management Compliance

Tax compliance in the Philippines is complex and tedious because of many different forms with complex contents and required attachments.

By outsourcing your tax duties to Upcloud Accounting, we can help ensure that your business never misses a tax filing deadline again with our established processes and state-of-the-art technologies approved by the Bureau of Internal Revenue (BIR).

We ensure that the tax compliance process is simple, efficient, and timely updates through our strong customer service relationship process and the latest technology for all our clients.

We process the following tax compliance:

1. Registration Fee (Form 0605)

2. Income Tax Return (ITR)

• Individual (Forms 1701Q, 1701, 1701A)

• Partnership/Corporation (Forms 1702Q, 1702, 1702-RT, 1702-MX, 170–EX)

3. Percentage Tax (Form 2551Q)

4. Value-Added Tax (Form 2550M, 2551Q)

• VAT RELIEF

• Summary Listings of Sales (SLS)

• Summary Listings of Purchases (SRS)

• Semestral List of Suppliers (SRS)

5. Withholding Tax - Expanded (Forms 0619E, 1601EQ, 1604E)

• Monthly Alphalist of Payees (MAP)

• Summary Alphalist of Withholding Tax (SAWT)

• Certificate of Creditable Withholding Tax at Source (Form 2307)

6. Withholding Tax - Compensation (Forms 1601C, 1604C)

• Alphalist of Employees

• Certificate of Compensation Payment/Tax Withheld (Form 2316)

7. Withholding Tax - Final (Form 0619F, 1604F)

Financial Reporting

Financial Statements are the product of Accounting and Bookkeeping, get the most valuable financial information that will enable you to understand your finances, plan for future growth, and make the best decision for your business.We ensure that your finances make sense and deliver financial reports to our clients regularly throughout the financial year – monthly or quarterly depending on your needs. There is no need to wait for the year-end. A company needs to understand how its business is performing at all times in the most accessible and easy-to-read format. 

Payroll Services

Managing payroll may not seem like a critical task until something goes wrong.  It can be time-consuming, but, more importantly, it requires a good knowledge of the tax laws and deposit rules.

By outsourcing your payroll process to Upcloud Accounting, your business can benefit from an expertly run process that takes care and control of all employee-related payments as well as the mandatory filings of statutory taxes.​

Setting up, salary calculations, filing withholding taxes to the BIR, mandatory Government contributions such the Social Security System (SSS), PhilHealth (PHIC) and the Home Development Mutual Fund (HDMF) or Pag-IBIG, other benefits (e.g. 13th month pay, night differential), overtime, leaves, staff bonuses, and updates on the Labour Code must all be considered when computing payroll for employees.​

With our automated payroll processes in place, we ensure that your company’s payroll is fully optimized across your business and never miss an employee-related payment or filing deadline again!

Catch-up Accounting

Are your accounting books a mess, outdated, and you’re not sure how to sort them out because of various reasons?

Fallen behind on their tax compliance with the Bureau of Internal Revenue (BIR)?

Missed important tax deadlines?

Misplaced important records or have poor compliance and reporting controls in place?

Don’t worry, we can help you!

How do we do it?

1. We perform our catch-up accounting service.

2. We collect historic receipts, invoices, tax documents, debt documentation, business expenses, and other financial and commercial documentation relating to your business.

3. We then record the information accurately and conduct any necessary reconciliations to get the latest and complete picture of your company’s finances.

4. Clear all the backlogs

5. Provide advice on the most efficient processes and controls to ensure your accounts remain in order

© 2023 by Upcloud Accounting. Created by Genuinely Business Solutions.