BIR form 2307 also called the Certificate of Creditable Tax Withheld At Source. This certificate shows the income subjected to expanded withholding tax paid by the employer or withholding tax agent. BIR form 2307 in the books of accounts of the taxpayer is accounted for as an asset.
Here are the simple steps on how to generate BIR form 2307 in Sprout Payroll:
1. Go to Reports
2. Click BIR
3. Click 2307
4. Click the necessary details
5. Print PDF file