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What Drives the Price of Philippine Bookkeeping and Tax Filing

Updated 2026-09-19·4 min read·Tax Incentives

There's no flat price for Philippine bookkeeping because quotes are built on workload, not guessed from company size. This page covers the drivers and the timeline, with no figures.

Three variables that drive price

One, transaction volume — monthly invoice and receipt count. Two, payroll withholding — more employees means more 1601-C, Alphalist and 2316 work. Three, whether an audited financial statement (AFS) is required — a separate engagement, see the AFS filing order. Full cost breakdown in the four-block structure.

Monthly, quarterly, annual timelines

Monthly filings (like 1601-C) are due by a fixed date the following month; quarterly covers VAT or percentage tax and quarterly income tax; annual is the heaviest, covering annual income tax, Alphalist and AFS filing with the SEC. See the filing calendar and the corporate tax rate table.

How to get a real quote

Give your monthly transaction count, employee count, and whether AFS is required — those three numbers, not company size, are what a real quote is built on.

Want an estimate against your own numbers? → Send YIXING your setup

YIXING is a Chinese-language consultancy registered in Makati, Philippines, holding SEC registration CS202009551 and BI Accreditation No. CA-202624381-1; we are not affiliated with any government agency and promise no outcome. This article is general information, not tax advice; current BIR/SEC rules govern, and individual cases should be reviewed by a licensed accountant.

Frequently Asked Questions

Why does bookkeeping price vary so much?
It's built on transaction volume, payroll withholding, and whether an AFS is required — not guessed from company size.
How long do filings take?
Monthly filings are due the following month; annual filing is the heaviest, covering income tax, Alphalist and AFS.
How much does one more employee add to the workload?
Not a fixed percentage — it adds monthly payroll filing (1601-C) plus annual Alphalist and 2316 processing, priced as its own line item.
What happens if a few months go unfiled and it's caught at year-end?
Late-filing penalties and surcharges apply, plus every missed month must be filed retroactively; catching it earlier keeps the fix cheaper, per current BIR rules.
Is the audited financial statement (AFS) included in a bookkeeping quote?
Usually not — an AFS must be issued by an independent auditor and is billed separately from routine monthly or quarterly bookkeeping; confirm whether it's included when comparing quotes.
Why is the annual filing fee noticeably higher than a quarterly one?
Annual filing covers the full-year income tax reconciliation and Alphalist summary — genuinely more work than a single quarter, and an AFS on top of that is a separate fee, not an overcharge.
Is the first-year quote higher than later years?
Often yes — year one includes one-time work like initial book registration and invoicing-authority setup; a good quote separates that from the ongoing recurring fee.
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