As the company strives to be the best in any field, it also makes use of technology advances in its operations and financial reports. But, as it goes with innovation, it also adopts the changes in government & regulatory compliance requirements, such as keeping it books of accounts.  With that in mind, MGS’ electronic resource planning (ERP) – SAP, is now registered as its computerized accounting system (CAS), compliant with BIR requirements. This is in pursuance of RR 09-2009, which requires all large taxpayer to maintain and/or adopt CAS.

Computerized Accounting System, as it name suggests, is an accounting information system that processes financial transactions and events electronically, with adherence to generally accepted accounting principles (GAAP) and other statutory requirements.  Data are stored on a company’s computer, server or on the web. It simplifies time-consuming bookkeeping steps and minimize manual errors, therefore increasing the integrity of financial data, and streamlining processes.

As SAP is recognized as one of the forefronts in ERP industry, MGS is determined to deliver its excellent products & services to its clients. MGS harnesses the capabilities of technology to provide quality products & services, while complying with regulatory requirements.

This is MGS – technologically capable & regulatory compliant.