Prepare your quarterly percentage tax (2551Q)

For non-VAT businesses that did not choose the 8% income tax option.

Where: Reports › Percentage Tax (2551Q).

The worksheet

Open a quarter to see:

• Gross sales on non-VAT invoices
• Less: credit notes
• Other receipts recorded under Income
• Taxable gross sales / receipts × Tax rate = Percentage tax due

The rate comes from Settings (3% under NIRC Sec. 116). Quarters from July 2020 to June 2023 use the 1% CREATE Act rate automatically.

Record the filed return

After filing and paying in eBIRForms or eFPS:

1. Fill in Date filed / paid, Paid from and Reference.
2. Click Record return.

GodoERP posts the tax expense and the payable, then the payment from your bank.

Note: If the page says This company does not file percentage tax, your Settings show VAT-registered, the 8% option or exempt. Check Company Settings if that's wrong.