Last month, Bureau of Internal Revenue (BIR) banned the use of thermal printers for business establishments and individual taxpayers to comply with the regulation requiring the preservation of book of accounts, like official receipts, for 10 years.
The reason behind this is that thermal printouts starts to fade within a week or two, thus making them impossible to store for a decade. In line with this, Epson Philippines is offering solutions to registered taxpayers with the use of dot matrix Point-of-Sale (POS) printers.
It’s flagship model, the TM-U220 (pictured), is the best selling among their line-up. It features fast and two-color printing for businesses and the like. While the TM-U950, is a 2.5 station for large POS systems. Other models include: TM-U295, TM-U590, and TM-U675.
Thermal printers use thermal heads to imprint on thermally coated papers. This method is quick and quiet unlike dot matrix printers that have tiny pins mounted on the print head and use ink ribbons which is slower compared to the former and produces noise. Although, having a lasting receipt would be better any day. A 3-year window is given for taxpayers to shift to non-thermal papers for keeping.
For more information about Epson POS printer, head on to the website.
so we’re back to using old tech just to comply with BIR >.>