Remit SSS, PhilHealth, Pag-IBIG and withholding tax (1601-C)

Remittances are based on posted payroll, so post the month's payroll first.

SSS, PhilHealth and Pag-IBIG contributions

Where: HR › Compliance & Reports › Contribution Remittances.

1. Choose the Contribution year and month and click Show.
2. For each agency you'll see what's Due, what's been Remitted and the Balance. SSS and Pag-IBIG loan repayments withheld from employees are listed too.
3. After paying, enter the Amount, Date paid, Paid from (bank account) and the reference number, then click Post remittance.

Each payment posts Dr the agency's payable and Cr your bank, so the payable clears. Agency reports such as SSS R-3 are under Compliance & Reports.

Withholding tax on compensation: BIR Form 1601-C

Where: HR › Compliance & Reports › BIR Form 1601-C.

1. Choose the Year and Month and click View. You get the monthly tax withheld with a per-employee schedule. Only posted payroll, posted 13th month runs and posted annualization runs are included.
2. File and pay through eBIRForms or eFPS.
3. Open BIR tax remittances →, enter the Amount, Date paid, Paid from and the BIR reference, then click Post remittance. This posts Dr withholding tax payable and Cr your bank.

Note: Penalties, surcharges and interest aren't posted here. Book them as a normal expense.

Important: Check contribution tables, deadlines and amounts with SSS, PhilHealth, Pag-IBIG, the BIR and your accountant. Rates change from time to time.