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Business & Freelancing

VAT Accounting for Merchandising Sales: The Journal Entries

How a VAT-registered merchandiser books Input VAT on purchases, Output VAT on sales, returns and discounts, and the quarter-end entry that produces the figure on Form 2550Q.

9 min read
Wages & Benefits

SSS Death & Funeral Benefit 2026: Pension, Lump Sum, and How to Claim

When an SSS member dies the family can claim two things: a death benefit and a funeral grant. Whether the death benefit is a monthly pension or a one-time lump sum comes down to 36 contributions.

12 min read
Wages & Benefits

SSS Disability Benefit 2026: Pension, Lump Sum, and the Month Schedule

Permanent total or permanent partial? Pension or lump sum? The SSS disability benefit has four outcomes and two forks. The formulas, the RA 11199 schedule of months, the ₱500 supplemental allowance, and how to file.

13 min read
Wages & Benefits

SSS LoanLite 2026: What the ₱1,000–₱20,000 Microloan Really Costs

SSS's microloan is live through UnionDigital Bank. 15 to 90 days, 8% a year — and a flat ₱200 bank fee that decides the actual price. The eligibility rules, the fee ceilings, and the effective rate nobody quotes you.

11 min read
Wages & Benefits

SSS Pension Computation 2026: The Three Formulas Explained

SSS runs three different pension formulas and pays whichever is highest. Here's what each one does, which one will win for you, and worked examples at ₱5,000, ₱10,000, and ₱20,000 salary credits.

8 min read
Wages & Benefits

SSS Sickness Benefit 2026: How Much You Get and How to File

SSS pays 90% of your daily salary credit for every approved day you were too sick to work. Here's the exact computation, the 4-day minimum, the 5-day notice rule, and three worked examples.

8 min read

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