Ƶ

Official Receipt Price for Philippines

Official Receipt Price Template for Philippines

An Official Receipt is a mandatory financial document in the Philippines that serves as proof of a completed transaction and complies with the requirements set forth by the Bureau of Internal Revenue (BIR). It documents the transfer of goods or services, including detailed pricing information, tax computations, and payment details. The document must adhere to Philippine tax laws, particularly BIR Revenue Regulations No. 16-2005, and includes specific elements such as the company's TIN, BIR permit numbers, and VAT information where applicable. It serves both as a legal record of the transaction and a crucial document for tax reporting and business accounting purposes.

Your data doesn't train Genie's AI

You keep IP ownership of your information

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Official Receipt Price

Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.

What is a Official Receipt Price?

The Official Receipt Price document is a fundamental business document required under Philippine law for all registered businesses conducting commercial transactions. This document type must comply with the National Internal Revenue Code and specific BIR regulations governing receipt issuance. The Official Receipt Price serves multiple purposes: it provides customers with proof of purchase, helps businesses maintain accurate financial records, and ensures proper tax reporting to authorities. It must include specific pricing details, tax computations, and business identification information as mandated by Philippine tax laws. The document is crucial for both the issuing business's tax compliance and for customers who may need to claim expenses or maintain their own financial records. It's particularly important in the context of VAT-registered businesses and for transactions that require detailed price breakdowns for tax purposes.

What sections should be included in a Official Receipt Price?

1. Receipt Header: Business name, TIN, address, and contact details of the issuing entity

2. Receipt Number: Unique serial number of the receipt as registered with BIR

3. Date and Time: Date and time when the transaction occurred

4. Customer Information: Name and address of the customer (if available)

5. Transaction Details: Itemized list of goods/services with quantities and unit prices

6. Amount Breakdown: Subtotal, applicable taxes (VAT/percentage tax), and total amount

7. Payment Information: Mode of payment and payment status

8. Authorization: BIR authorization details including PTU (Permit to Use) number

What sections are optional to include in a Official Receipt Price?

1. Customer TIN: Required only for B2B transactions or when claimed as business expense

2. VAT Registration Details: Required only for VAT-registered businesses

3. Senior Citizen/PWD Information: Required when special discounts are applied under relevant laws

4. Terms and Conditions: Optional section for return policies, warranties, or other relevant terms

5. Loyalty Program Information: Optional section for points earned or rewards information

What schedules should be included in a Official Receipt Price?

1. Discount Computation: Detailed breakdown of applied discounts (if any)

2. Tax Computation: Detailed breakdown of tax calculations (particularly for complex transactions)

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Philippines

Publisher

Ƶ

Document Type

Invoice Form

Sector

Sales

Cost

Free to use
Relevant legal definitions




















Clauses














Relevant Industries

Retail

Wholesale

Manufacturing

Professional Services

Healthcare

Education

Food and Beverage

Construction

Real Estate

Information Technology

Transportation

Hospitality

Financial Services

Consulting

Relevant Teams

Finance

Accounting

Tax

Compliance

Operations

Sales

Administration

Treasury

Internal Audit

Revenue Management

Relevant Roles

Accountant

Bookkeeper

Finance Manager

Tax Compliance Officer

Business Owner

Store Manager

Cashier

Financial Controller

Audit Manager

Sales Manager

Operations Manager

Business Development Manager

Administrative Officer

Chief Financial Officer

Treasury Manager

Industries






Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Vat Invoice

A BIR-regulated tax document issued by VAT-registered businesses in the Philippines, recording taxable transactions and enabling input VAT claims.

find out more

Repair Shop Invoice

A legally compliant Philippine repair services invoice detailing repair work, costs, and warranty information in accordance with local consumer protection laws.

find out more

Purchase Invoice

A Philippine-compliant commercial document that records sales transactions and serves as both a payment demand and tax record, meeting BIR requirements.

find out more

Small Business Invoice

A BIR-compliant invoice template for Philippine small businesses, incorporating all necessary tax and regulatory requirements for legal business transactions.

find out more

Quotation And Invoice

A Philippine-compliant combined quotation and invoice document that meets BIR requirements for commercial transactions and tax reporting.

find out more

Printable Mechanic Invoice

A Philippine-compliant mechanic invoice template for documenting automotive repairs, services, and associated costs, meeting local tax and consumer protection requirements.

find out more

Invoice Packing List

A Philippine-compliant combined invoice and packing list document that details product information, payment terms, and shipping specifications for commercial transactions.

find out more

Invoice For Hours Worked

A Philippine-compliant billing document detailing hours worked, rates, and payment terms for services rendered, meeting BIR requirements.

find out more

Invoice For Work Completed

A Philippine-compliant invoice document that details completed work and requests payment, following BIR requirements and local tax regulations.

find out more

Homestay Invoice

A legally compliant billing document for homestay services in the Philippines, detailing accommodation charges and related services in accordance with local tourism and tax regulations.

find out more

Hotel Receipt Doc

A legally compliant hotel receipt document under Philippine law that records guest accommodation details, charges, and payment information.

find out more

Auto Repair Bill

A Philippine-compliant billing document for automotive repair services that details services performed, parts used, and associated costs, meeting local legal and business requirements.

find out more

Billing Report

A detailed financial document compliant with Philippine regulations that summarizes all billing transactions, payments, and outstanding amounts for a specified period.

find out more

Car Service Receipt

A Philippine-compliant official receipt documenting automotive services rendered, including service details, costs, and vehicle information, meeting BIR requirements.

find out more

Creative Invoice

A BIR-compliant invoice template for creative professionals in the Philippines, designed to document creative services, pricing, and payment terms.

find out more

Construction Work Receipt

A Philippine-compliant receipt documenting completed construction work and payment, meeting BIR and construction industry requirements.

find out more

Invoice Statement

A Philippine-compliant Invoice Statement that records sales or services rendered, meeting BIR requirements for commercial transactions and tax purposes.

find out more

Vehicle Sale Invoice

A Philippine-compliant legal document evidencing vehicle ownership transfer, including vehicle details, party information, and transaction terms as required by LTO regulations.

find out more

Editable Cash Receipt

A customizable cash receipt template that complies with Philippine BIR regulations and serves as an official record of financial transactions.

find out more

Work Order Receipt

A Philippine-compliant document that formally records completed work or services, including service details, costs, and authorized signatures as required by local regulations.

find out more

Dental Bill

A standardized financial document for dental services in the Philippines, detailing procedures performed and associated costs in compliance with local healthcare and tax regulations.

find out more

Car Dealership Invoice

A legally compliant vehicle sales invoice document used in the Philippines, incorporating all necessary elements for tax and registration purposes.

find out more

Bill For Services

A formal billing document for services rendered in the Philippines, compliant with Philippine tax and commercial regulations, used to request payment and document service delivery.

find out more

Send Invoice

A formal invoice document compliant with Philippine tax and commercial regulations, used to request payment and record business transactions.

find out more

Receipt For Cash Payment

A Philippine-compliant document acknowledging receipt of cash payment, meeting BIR requirements and serving as official proof of transaction.

find out more

Official Receipt

A BIR-compliant Official Receipt document used in the Philippines as legal proof of financial transaction and tax compliance.

find out more

Invoice Receipt

A Philippine-compliant document that serves as official proof of transaction and tax record, following BIR regulations for recording sales of goods or services.

find out more

Invoice For Contractor Hours

A BIR-compliant invoice template for independent contractors in the Philippines to bill clients for hourly services rendered.

find out more

Auto Invoice

A Philippine-compliant vehicle sales invoice document that records vehicle transfer details, pricing, and tax information in accordance with BIR requirements.

find out more

Invoice For Sole Proprietor

A BIR-compliant invoice template for sole proprietors in the Philippines, including all required business and tax information.

find out more

Invoice For Personal Services

A Philippine-compliant billing document for personal services rendered, meeting BIR requirements and local business regulations.

find out more

Bill Ledger

A Philippine-compliant financial document that records and tracks all bill-related transactions, maintaining detailed chronological entries and balances.

find out more

Vehicle Invoice

A legally compliant vehicle sales invoice document used in the Philippines, detailing vehicle specifications, parties involved, and transaction terms.

find out more

Shipping Receipt

A Philippine-compliant shipping receipt documenting cargo acceptance and transport terms, serving as proof of shipment and chain of custody.

find out more

Simple Rent Receipt

A Philippine-compliant receipt documenting rental payments between landlord and tenant, serving as official proof of transaction and potential tax documentation.

find out more

Services Quotation

A formal business document governed by Philippine law that details proposed services, pricing, and terms offered by a service provider to a potential client.

find out more

Sales Invoice Receipt

A Philippine-compliant sales invoice receipt that serves as official proof of sale and tax document, meeting BIR requirements.

find out more

Time And Material Billing

Philippine-compliant Time and Materials Billing agreement template for charging based on actual time spent and materials used.

find out more

Shipping Proforma Invoice

A preliminary commercial document for international shipments that complies with Philippine customs and trade regulations, detailing product specifications, pricing, and shipping terms.

find out more

Quotation Doc

A Philippine law-compliant document detailing formal pricing and terms for products or services offered to potential buyers.

find out more
See more related templates

ұԾ’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ұԾ’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it