Did you ever experienced that you cannot open a branch on your desired target opening due to POS permit delay? Even though you already provided the BIR Form 2303 or Certificate of Registration to your software provider.
The answer is that it will take three (3) days for the TIN/date to be updated in the BIR central data base and when was the COR released. See computation below:
Day 1 - All TIN generated TIN for the day will be uploaded per batch every night to the to the BIR Central Data File (CDF).
Day 2 - All uploaded TIN information (company name, business name, address etc) will be then process in the CDF.
Day 3 - All processed TIN will be sent back to the BIR Regional District Office system for updating.
Once updated, software provider can process or file POS application for their client/taxpayer. However, we still have dependencies and this part we
have no control even head office if there will be any erroneous during the issuance of the COR.
Therefore, be sure to double check the information filed under BIR Form 1903 (Application of Registration) so that we can avoid any possible delays once BIR Form 2303 process and release.
Updated of March 21, 2018
