R.C. Consencino Accounting and Auditing Services

Is your accountant referring to the BIR Calendar to see which applies to you? Check in out:

Bureau of Internal Revenue The Bureau of Internal Revenue (BIR) Website (www.bir.gov.ph) is a transaction hub where the taxpaying public can conveniently access anytime, anywhere updated information on the Philippine tax laws and their implementing regulations and revenue issuances, including information on BIR Programs and P...

Ayaw na namin ma-stress ng sobra. Kaya gagawa kami ng club.

Ang totoong threat sa 2026 isn’t economic volatility ITSELF, but yung pumasok sa volatility without preparation. Political shifts, climate risks, public health shocks, and customer budget freezes, biglaan yan yet they remain highly probable scenario drivers.

What we organizations control ay yung ability natin to absorb shocks through INTENTIONAL financial design. Mas importante yung strategic reserve funds nitong 2026 than in the last five years combined because they turn uncertainty into manageable turbulence. Diba? Hindi nakaka-stress. Done na tayo sa emergency mindset ala pandemic levels. Ayoko na nun, please.

Financial resilience is THE operating model that keeps organizations stable, adaptive, and future-ready.

Sali na kayo sa club.
Para mga ten strands lang ng buhok yung puputi this coming year. May ceiling count na siya!

Here's your prompt to use GenAI for an AI-driven Cashflow Forecast...

Using the data provided, create the following cashflow scenarios:
1. At least three (3) best case scenarios
2. At least three (3) worst case scenarios
3. Most likely forecast

For each scenario, include:
• Key assumptions
• Drivers of increase/decrease
• Risk flags
• Opportunity flags
• Recommended actions

Present results in a clear table + a written summary.

- - - - - - - - -

Select whether your output is for:
• Short-term forecast (next 30, 60, 90 days)
• Mid-term forecast (6 months)
• Long-term forecast (12–24 months)

Attach to your prompt:
*This one's already simplified.
1. Past P&L
2. Recent and past cashflow
3. Geography of your economy
4. Industry
5. Internal business variables
6. Customer Behavior
7. Seasonal Patterns

*Here's the more complex...
Provide the following for the AI to generate a complete Best-Case, Worst-Case, and Real-Time Adaptive Cashflow Forecast:

Past P&L (3–5 years)
Historical cashflows
Monthly revenue trends
Customer churn + sales pipeline
Payment terms + collection delays
Fixed & variable monthly expenses
Upcoming expenses (marketing, hiring, CapEx)
AR/AP aging report
Inventory data
Loan payment schedule
Strategic plans & expansions
Industry trends you’re aware of
Economic assumptions (inflation, interest rates)
Real-time inputs (cash balance, PO status, updated sales)

We hope these all help you!
And remember if you need us, we're just here, okay?

Manual inputs are becoming more outdated.

Kahit haggard tayo, ready pa-picture
Kilala niyo po ba siya?

Confused kung Sole Prop, Corp, NGO o Coop ang mas bagay sa’yo? Itanong natin sa business: "Sino ka ba talaga dapat?"
Eto yung pinaka practical way to choose. This shortcut saves you months of wrong setup. "Pick-a pick-a" Christmas
for January 2025 Business Registration

What Type of Nonprofit Should You Form?
A Three-step Decision Guide

Two Types of Corporations: Closed or For-Profit Stock
Take your pick.

People go for partnerships when they want a small, flexible, low-cost business structure with trusted co-founders, where profits are shared but without the heavy compliance of corporations, the restrictions of NGOs, or the collective governance of coops. If you’re deciding between partnership types, ask yourself: Do you want all partners equally liable and managing (GP); do you want passive investors with limited liability (LP); or are you licensed professionals practicing together (GPP)?

When registering as a solo business owner, if you are starting small (freelancing, retail shop, consultancy, etc), you may prefer the fastest and cheapest setup, with minimal paperwork and compliance; plus you don’t mind using your personal name for credibility and you’re okay with being personally liable for debts, then you may choose to put up a Sole Proprietorship.

But if you want your business separate from personal assets (as in you cannot legally spend business funds for personal use), you plan to attract investors, look more credible, and the business lives beyond your lifetime; then, you must be willing to handle more quarterly and annual filings, and spend more for registration and compliance. If this is the case, you can choose to put up a One Person Corporation (OPC).

Whichever you decide, we can help you register your business and even assist with all compliances after business registry.

Which one are you? Tap your emoji for
❤️ Micro | 🤗 Small | 😄 Medium | 😮 Large

Workday Sundays? Jusko normal na sa aming mga SME Owners yan. At dahil kaya natin kumita sa mas marangal na paraan ng di tayo nagnanakaw at nagsisinungaling sa kapuwa, napakadali para sa atin ayusin yung reporting at books natin. Compliance? High-performing finance management? Yan lang ba? SISIW.

For September closing and Year-end Staging, this is our task list:

1. Mag-generate na ng bank statement para sa reconciliation ng mga disbursements. Siguraduhing lahat ng disbursement ay may kaakibat na documentation para mas efficient na BIR audit in the future. Wag tayong tumulad dun sa mga nagkakandarapa. Napakadaling mag-attachments during submissions.

2. I-bookkeep na ang lahat ng expenses para madaling i-compute ang VAT, EWT at CIT.

3. I scan na ang mga resibo mas lalo na yung mga naka-print sa fax paper at napaka-bilis mabura. Iyong mga burado na o kaya't may mis-print, maaaring humingi ng isa pang kopya mula sa mismong supplier.

4. Gumawa ng separate sheet for Scheduled Expenses para sa October; naka-link ito sa projected cashflow. Para bumaba ang VAT at CIT, mayroong mga pwedeng i-advance na expenses from Q1 2026 to Q4 2025, i-tag ito as optional at nakadepende kung maraming makokolekta nitong Q4.

5. Ihanda na ang mga collection notices para sa October 1; kung kaya itong i-scheduled-auto-send ng October 1, go. Siguraduhing papasok ito ng Q4 imbis na Q3 para sobrang konti nalang ng adjustments na gagawin sa mga naihanda this past week.

6. Magpa-sweldo ng maayos at ontime sa Tuesday. Ang daming nangyari ng Setyember; sweldo ang isang source ng stability ng mga nagsisilbi sa atin.

Hirap na hirap ang iba gawin ang tama; eh ang dali lang kaya.
Skill gap. Kung sisiw ang isang bagay, pag di nagawa, alam mo na saan ang sisi.

At dahil hindi kaya natin kumita sa mas marangal na paraan ng di tayo nagnanakaw at nagsisinungaling sa kapuwa, napakadali para sa atin ayusin yung reporting at books natin. Compliance? High-performing finance management? Yan lang ba? SISIW.