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Here you will find the SSS Contribution Table 2023. If you need extra money, but you don’t qualify for an SSS salary loan, Digido can help. Show 1 ID and get an online loan of up to 25,000 pesos!

All About SSS Monthly Contribution Table

Last updated: August 18, 2023

Written by: Digido Financial Writers Team | Reviewed by: Mark Anthony

Key takeaways:

  • Here you will find the SSS Contribution Table 2023.
  • The money you contribute to SSS makes you eligible for a loan.
  • Need money but you are not entitled to get a SSS loan?
  • The best alternative you should try is Digido.
  • It is a lending institution that has a loan available to you online up to 25,000 pesos.

The Social Security System, or widely known as SSS (1), updates the monthly contribution table every year. And for the year 2021, despite the pandemic, the contribution rate has increased from 12% to 13%. Many Filipinos are against the SSS new contribution rate. However, it is the Republic Act 11199 that made the increase into reality.

President Rodrigo Duterte signed R.A. 11199 (2), or the Social Security Act of 2018, on February 18, 2019. With this law, the SSS contribution rate should increase every other year until it reaches 15% in the year 2025. The reason behind the increase is to provide retirement security for all the members. And this is not only for the existing pensioners but also for the future retirement of the other members.

For the record, from 1980 until 2016, the contribution rate has just increased 4 times. But it has grown its pension rate 22 times during this period, plus PHP 1,000 monthly to the pensioners.

We’re hoping that this article will answer all of your SSS contribution inquiries!

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What is the SSS Mandatory Provident Fund?

If you are an employee, you have probably noticed a significant increase in your SSS deduction. You may be confused because you know that the contribution rate has increased only by 1%. To make it clear, the additional charge is not a contribution to the usual SSS program. It is the SSS Mandatory Provident Fund.

The SSS Mandatory Provident Fund was previously the SSS P.E.S.O. Fund or the Personal Equity and Savings Option. It was a voluntary provident fund offered by SSS to its members in addition to the SSS program. With this, members could save more to have more benefits in the future.

However, due to the Social Security Act of 2018, the P.E.S.O. Fund switched into a mandatory fund. Being indicated in the law, it states that members will receive additional benefits, but they shall save it along with their contribution. Its basis is on the monthly salary credit (3) msc over PHP 20,000 up to the maximum threshold and earnings of the member.

The advantages include:
βœ“ tax-free, guaranteed earnings;
βœ“ contributions placed in guaranteed investments.

SSS will divide your provident fund into 3 account types that will surely benefit you:
βœ“ Additional retirement / disability benefit;
βœ“Medical benefit;
βœ“ General-purpose (education, housing, livelihood, unemployment).

β†’ Learn more about Instant Loan For Unemployed

Who Can Pay the SSS Contribution Payment?

If you are employed, your employer is responsible for remitting your SSS contribution. Your employer will deduct the amount of your share directly to your pay. Additionally, your employer will pay his share for your SSS contribution.

But if you are a self-employed individual, you can pay your SSS contributions online. You can remit your share using the SSS mobile app, Gcash, Paymaya, Unionbank online, or BPI online. Note that you first need to sign in to the SSS website and create an account.

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Contribution Rates of SSS

For the employed SSS members, the employee will shoulder 4.5% through monthly salary deductions. Meanwhile, the employer will cover the remaining 8.5% in the 13% contribution rate. Self-employed members will pay the corresponding contribution based on their gross income under the SSS salary bracket.

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How to Compute Your Monthly SSS Contribution

For employed members:

Step 1. Identify your basic monthly rate or your gross income. Gross income includes the overtime pay and holiday pay less the absences for the period.
Step 2. Refer to the SSS contribution chart or the monthly SSS voluntary contribution table 2023. Under the Range of Compensation column, navigate the salary SSS bracket where your gross income falls. Find its corresponding MSC (Monthly Salary Credit) under the Total column.
Note that the Mandatory Provident Fund only applies to members having a gross income that exceeds PHP 20,000.
Step 3. Under the EE column, find your monthly deduction that corresponds to your MSC. For example, if your MSC is PHP 20,000, then your employer will deduct your pay of PHP 900.
Step 4. To get your total contribution (including the employer share), you can refer to the Total column at the rightmost part of the table. Thus, if your MSC is PHP 20,000 your total monthly contribution is PHP 2,630. This consists of your share of PHP 900 and your employer’s share of PHP 1,730.

For better understanding, you can compute your total contribution this way:

(MSC x Contribution Rate) + EC Contribution

PHP 20,000 x 13% = PHP 2,600 + PHP 30 = PHP 2,630

Note that the contribution rate is 4.5% for the employee and 8.5% for the employer. Hence, PHP 900 is for the employee and PHP 1,730 is for the employer.

But what if you exceed the PHP 20,000 threshold and you need to pay for the mandatory provident fund?

Just add the total mandatory provident fund to the 13% contribution plus EC contribution to get your total SSS contribution. For your salary deduction, you need to add your share in the mandatory provident fund to your employee contribution share.

For self-employed members:

Step 1. Refer to the monthly income you declared on your Form E-1. Under the Range of Compensation column, navigate the salary bracket where your gross income falls. Then, find its corresponding MSC (MinimumΒ  Monthly Salary Credit) under the Total column.

Step 2. Calculate your total monthly contribution this way:

(MSC x Contribution Rate) + EC Contribution

Note that with the SSS new contribution table, self-employed members can now pay for EC contribution themselves as well. Therefore, if your MSC is PHP 20,000, you need to remit the total contribution of PHP 2,630:

(PHP 20,000 x 13%) + PHP 30 = PHP 2,630

If you have noticed, the computations for both employed and self-employed are the same. They only differ in the amount to remit, as with employed individuals, the employer has a share with their contributions.

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For voluntary and non-working spouse members:

Since voluntary members don’t have fixed monthly gross income, the MSC depends on the amount received on a certain month.
MSC x Contribution rate = Monthly Contribution
Meanwhile, for the non-working spouse, the monthly contribution is 50% of the working spouse’s MSC.
Β½ of Working Spouse MSC x Contribution Rate = Monthly Contribution

For OFW members:

Step 1. Under the Range of Compensation column, navigate the salary bracket where your gross income falls. Then, find its corresponding MSC or Monthly Salary Credit under the Total column.
Step 2. Calculate your total monthly contribution this way:
MSC x Contribution rate = Monthly Contribution

β†’Β Read about OFW Loan in the Philippines

For Household Employers and Kasambahay:

If the monthly wage of the house helper is below PHP 5,000, the household employer should pay the full monthly contribution.
But if it is above PHP 5,000, the computation and procedure for the monthly contribution are the same with the employed members.

For the kasambahay:
Step 1. Under the Range of Compensation column, find your salary bracket and its corresponding MSC under the Total column.
Step 2. Under the EE column, find your monthly deduction that corresponds to your MSC. If your MSC is PHP 5,000 your total monthly contribution is PHP 225 which is 4.5% of the contribution rate.

Meanwhile, your employer will share the 8.5% or PHP 425 to complete the 13% rate, plus PHP 10 EC contribution.
(MSC x Contribution Rate) + EC Contribution
PHP 5,000 x 13% = PHP 650 + PHP 30 = PHP 660

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New SSS Contribution Table 2023 with Monthly Salary Credit

Mentioned above are the computation of each type of SSS members’ contribution. To help you have a further understanding of the contribution tables below, we will identify the categories indicated in the tables.

  1. Monthly salary credit – according to the Social Security Law, the monthly salary credit is used as the compensation base for contributions and benefits. Using the MSC, the SSS will compute your monthly contribution based on your monthly salary.
  2. Range of compensation – your compensation will be based on this, depending on your monthly salary.
  3. Social security – EE – this reflects the amount of your contribution as an employee.
  4. Social security – ER – this reflects your employer’s monthly contribution.
  5. EC contribution – contributions for the Employee’s Compensation program.
  6. Mandatory Provident Fund – introduced in January 2021, the MPF will grant additional benefits to members upon reaching the age of retirement. All SSS members with a monthly salary of at least Php 20,000 are required to contribute.
  7. Total contribution – the full amount of your SSS contributions.

Here are the five SSS Contribution Tables for 2023 that you can use to calculate your contribution:

1. For Employers and Employees

For SSS members who are employed, the minimum monthly salary credit is Php 4,000 while the maximum monthly salary credit is Php 30,000. Total contribution will range from Php 570 to Php 4,230.

SSS Contribution Table 2023 for Employers and Employees

Range of Compensation Monthly Salary Credit Employer – Employee
Social Security Employees Compensation Mandatory PF Total Contribution
Regular SS Mandatory PF Total ER EE TOTAL ER EE TOTAL ER EE TOTAL ER EE TOTAL
Below 3,250 3,000 – 3,000 255 135 390 10 – 10 – – – 265 135 400
3,250 – 3,749.99 3,500 – 3,500 297.50 157.50 455 10 – 10 – – – 307.50 157.50 465
3,750 – 4,249.99 4,000 – 4,000 340 180 520 10 – 10 – – – 350 180 530
4,250 – 4,749.99 4,500 – 4,500 382.50 202.50 585 10 – 10 – – – 392.50 202.50 595
4,750 – 5,249.99 5,000 – 5,000 425 225 650 10 – 10 – – – 435 225 660
5,250 – 5,749.99 5,500 – 5,500 467.50 247.50 715 10 – 10 – – – 477.50 247.50 725
5,750 – 6,249.99 6,000 – 6,000 510 270 780 10 – 10 – – – 520 270 790
6,250 – 6,749.99 6,500 – 6,500 552.50 292.50 845 10 – 10 – – – 562.50 292.50 855
6,750 – 7,249.99 7,000 – 7,000 595 315 910 10 – 10 – – – 605 315 920
7,250 – 7,749.99 7,500 – 7,500 637.50 337.50 975 10 – 10 – – – 647.50 337.50 985
7,750 – 8,249.99 8,000 – 8,000 680 360 1,040 10 – 10 – – – 690 360 1,050
8,250 – 8,749.99 8,500 – 8,500 722.50 382.50 1,105 10 – 10 – – – 732.50 382.50 1,115
8,750 – 9,249.99 9,000 – 9,000 765 405 1,170 10 – 10 – – – 775 405 1,180
9,250 – 9,749.99 9,500 – 9,500 807.50 427.50 1,235 10 – 10 – – – 817.50 427.50 1,245
9,750 – 10,249.99 10,000 – 10,000 850 450 1,300 10 – 10 – – – 860 450 1,310
10,250 – 10,749.99 10,500 – 10,500 892.50 472.50 1,365 10 – 10 – – – 902.50 472.50 1,375
10,750 – 11,249.99 11,000 – 11,000 935 495 1,430 10 – 10 – – – 945 495 1,440
11,250 – 11,749.99 11,500 – 11,500 977.50 517.50 1,495 10 – 10 – – – 987.50 517.50 1,505
11,750 – 12,249.99 12,000 – 12,000 1,020 540 1,560 10 – 10 – – – 1,030 540 1,570
12,250 – 12,749.99 12,500 – 12,500 1,062.50 562.50 1,625 10 – 10 – – – 1,072.50 562.50 1,635
12,750 – 13,249.99 13,000 – 13,000 1,105 585 1,690 10 – 10 – – – 1,115 585 1,700
13,250 – 13,749.99 13,500 – 13,500 1,147.50 607.50 1,755 10 – 10 – – – 1,157.50 607.50 1,765
13,750 – 14,249.99 14,000 – 14,000 1,190 630 1,820 10 – 10 – – – 1,200 630 1,830
14,250 – 14,749.99 14,500 – 14,500 1,232.50 652.50 1,885 10 – 10 – – – 1,242.50 652.50 1,895
14,750 – 15,249.99 15,000 – 15,000 1,275 675 1,950 30 – 30 – – – 1,305 675 1,980
15,250 – 15,749.99 15,500 – 15,500 1,317.50 697.50 2,015 30 – 30 – – – 1,347.50 697.50 2,045
15,750 – 16,249.99 16,000 – 16,000 1,360 720 2,080 30 – 30 – – – 1,390 720 2,110
16,250 – 16,749.99 16,500 – 16,500 1,402.50 742.50 2,145 30 – 30 – – – 1,432.50 742.50 2,175
16,750 – 17,249.99 17,000 – 17,000 1,445 765 2,210 30 – 30 – – – 1,475 765 2,240
17,250 – 17,749.99 17,500 – 17,500 1,487.50 787.50 2,275 30 – 30 – – – 1,517.50 787.50 2,305
17,750 – 18,249.99 18,000 – 18,000 1,530 810 2,340 30 – 30 – – – 1,560 810 2,370
18,250 – 18,749.99 18,500 – 18,500 1,572.50 832.50 2,405 30 – 30 – – – 1,602.50 832.50 2,435
18,750 – 19,249.99 19,000 – 19,000 1,615 855 2,470 30 – 30 – – – 1,645 855 2,500
19,250 – 19,749.99 19,500 – 19,500 1,657.50 877.50 2,535 30 – 30 – – – 1,687.50 877.50 2,565
19,750 – 20,249.99 20,000 – 20,000 1,700 900 2,600 30 – 30 – – – 1,730 900 2,630
20,250 – 20,749.99 20,000 500 20,500 1,700 900 2,600 30 – 30 42.50 22.50 65 1,772.50 922.50 2,695
20,750 – 21,249.99 20,000 1,000 21,000 1,700 900 2,600 30 – 30 85 45 130 1,815 945 2,760
21,250 – 21,749.99 20,000 1,500 21,500 1,700 900 2,600 30 – 30 127.50 67.50 195 1,857.50 967.50 2,825
21,750 – 22,249.99 20,000 2,000 22,000 1,700 900 2,600 30 – 30 170 90 260 1,900 990 2,890
22,250 – 22,749.99 20,000 2,500 22,500 1,700 900 2,600 30 – 30 212.50 112.50 325 1,942.50 1,012.50 2,955
22,750 – 23,249.99 20,000 3,000 23,000 1,700 900 2,600 30 – 30 255 135 390 1,985 1,035 3,020
23,250 – 23,749.99 20,000 3,500 23,500 1,700 900 2,600 30 – 30 297.50 157.50 455 2,027.50 1,057.50 3,085
23,750 – 24,249.99 20,000 4,000 24,000 1,700 900 2,600 30 – 30 340 180 520 2,070 1,080 3,150
24,250 – 24,749.99 20,000 4,500 24,500 1,700 900 2,600 30 – 30 382.50 202.50 585 2,112.50 1,102.50 3,215
24,750 – over 20,000 5,000 25,000 1,700 900 2,600 30 – 30 425 225 650 2,155 1,125 3,280

 

2. For Self-employed Members

The minimum total monthly contributions for self-employed SSS members is Php 570 while the maximum total monthly contributions is Php 4,320.

SSS Contribution Table 2023 for Self-employed Members

3. For Voluntary and Non-Working Spouse Members

The same goes for voluntary and non-working spouse members: the minimum monthly contribution is Php 560 and the maximum is Php 4,200.

SSS Contribution Table 2023 for Voluntary and Non-Working Spouse Members

4. For OFW Members

For SSS OFW contributions, members who are working overseas have a minimum monthly salary credit is Php 8,000.Β 

For sea-based and land-based OFWs working in countries where the Philippines has a bilateral labor agreement with, the minimum monthly total contribution is Php 970 while the maximum is Php 2,430.Β 

On the other hand, those OFWs who are working in countries with no bilateral labor agreement with the Philippines will have a minimum and maximum monthly contribution of Php 960 and Php 2,400.

SSS Contribution Table 2023 for OFW Members

5. For Household Employers and Kasambahay Members

Household employers and local domestic workers will have a minimum and maximum monthly contribution of Php 150 and Php 4,230, respectively.

SSS Contribution Table 2023 For Household Employers and KasambahayΒ 

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SSS contribution sample computation

Here is a sample computation for someone who is an SSSe employed member with Php 20,000 worth of SSS monthly salary credit.

PHP 20,000 x 13% = PHP 2,600 + PHP 30 = PHP 2,630

Note that the contribution rate is 4.5% for the employee and 8.5% for the employer. Hence, PHP 900 is for the employee and PHP 1,730 is for the employer.

Step 1. Identify your basic monthly rate or your gross income. Gross income includes the overtime pay and holiday pay less the absences for the period.

Step 2. Refer to the SSS contribution chart or the monthly SSS voluntary contribution table 2023. In this case of the employed member, they will fall under the employed table. Under the Range of Compensation column, navigate the salary SSS bracket where your gross income falls. Find its corresponding MSC (Monthly Salary Credit) under the Total column.
Note that the Mandatory Provident Fund only applies to members having a gross income that exceeds PHP 20,000.

Step 3. Under the EE column, find your monthly deduction that corresponds to your MSC. For example, if your MSC is PHP 20,000, then your employer will deduct your pay of PHP 900.

Step 4. To get your total contribution (including the employer share), you can refer to the Total column at the rightmost part of the table. Thus, if your MSC is PHP 20,000 your total monthly contribution is PHP 2,630. This consists of your share of PHP 900 and your employer’s share of PHP 1,730.

SSS contribution useful tips

  1. If possible, always keep a copy of your SSS contribution table based on your category (employed, self-employed, voluntary, etc.) That way, you’re keeping track of how much you are paying for contributions and how often. It can also help you if you’re planning to apply for a SSS loan or avail of its benefits.
  2. There are lots of ways to get an SSS payment reference number! You can get your PRN through the SSS member website, through the SSS mobile app, through text, through email, through the SSS hotline, or by going to an SSS branch near you.
  3. You cannot make a retroactive SSS payment for the months that you have missed. However, you can still pay your SSS contributions for the succeeding months.
  4. If you are an OFW, you can assign a loved one here in the Philippines to pay for your SSS contributions. Just make sure that your representative has your PRN and other payment details.
  5. You can view or check your SSS contributions online through the SSS website! Just go to the SSS members’ portal and log in with your username and password.

Why did SSS contributions increase?

As it was mentioned at the beginning of this article, the hike of SSS contribution is due to R.A. 11199. The purpose of this increase is to provide additional benefits for the future retirement of members.
The financial assistance of SSS should cope with its members’ growing demands. Since the value of money decreases over time, the old contribution rate is not sufficient to provide significant help. Thus, with the increase of the SSS contribution plus the provident fund, members can assure better benefits. Check out the new sss payment schedule for your job.

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Can I Get a Loan from SSS?

Members can apply for a salary loan to SSS given that they:

β˜‘ have at least 36 months total SSS contributions; and
β˜‘Β have 6 months of SSS contributions in the last 12 months.
Members can also apply for a 2-month salary loan with the condition that they:
β˜‘Β have at least 72 months of posted SSS contributions; and
β˜‘Β have 6 months of contributions in the last 12 months.

If you are not sure how many months you have contributed, you can check your member account on My.SSS portal.

FAQ

  • How much is the SSS kasambahay contribution?
    You can find out more about the SSS kasambahay contributions through the table we included above.
  • Where can I pay my SSS contribution?
    If you are an employee member, your employer will file your SSS contributions on your behalf. However, if you are a voluntary or self-employed member, you will need to pay for your own contributions. You can do so through SSS tellering branches, SSS partner banks, non-bank collecting partners (Bayad Center, SM, GCash, etc.) or abroad over-the-counter for OFW members.
  • How can I update my SSS contributions online?
    You can update your SSS contributions by logging into the SSS member website. On the main page, select β€œPayment Reference Number (PRN) - Contributions” then β€œGenerate PRN”. Select your membership type, applicable period of your payment, and your new SSS contribution amount. Copy the payment reference number, make your payment, and you’re all done! You can also update your SSS contributions through the SSS mobile app. You can do your My SSS contribution verification through the SSS member portal.
  • Is paying for SSS contributions really mandatory?
    Yes, paying for your SSS contributions is mandatory if you are a private employee, an employer, self-employed, or an OFW. However, you are not mandated to pay for SSS contributions if you are a voluntary or non-working spouse, but it could help if you want to claim for SSS benefits or apply for an SSS loan in the future.
  • Can I change the amount of my SSS contribution?
    Yes, you can change the amount of your SSS contribution or monthly salary credit if you are a voluntary, self-employed, or OFW member. This will happen if your monthly salary has changed. However, SSS employee members cannot change the amount of their contributions on their own, but their employers can change the amount of contributions through the SSS member page.
  • I am a voluntary member but I’ve stopped my SSS payments. Can I still continue?
    Yes! You can still continue your SSS contributions as a voluntary member even if you’ve stopped. You can resume paying contributions through SSS tellering facilities, partner banks, partner online payment channels, or over-the-counter.
  • How many years can I pay my SSS contributions?
    You only need to have at least 120 monthly SSS contributions in order to qualify for retirement pension, but its is better if you continue with your contributions if you want to obtain a highe monthly pension.
  • How much is SSS contribution per month in 2023?
    If you are employed, the current SSS contribution rate is 12% of your monthly salary credit not lower than P2,000 and not exceeding P20,000, and this is being shared by you and your employer at 4% and 8%, respectively.
  • What is the new SSS contribution effective 2021 year?
    Based on the circular, the SSS enacted Republic Act No. 11199, otherwise known as the Social Security Act of 2018, which includes a provision that states there will be changes to the contribution effective year 2021, as follows: Social Security (SS) contribution rate increases to 13%
  • How many years should I pay SSS contribution?
    If with less than 120 monthly contributions, the member shall be entitled to a lump sum amount equivalent to the contributions paid by him/her and on his/her behalf. However, member has the option to continue paying contributions to complete the 120 months to become eligible for monthly pension.

Where to Get Money if I Am Not Entitled to a SSS Loan?

Need money but you are not entitled to get a SSS loan?

If yes, then you came to the right place. Digido offers you instant cash loans for Filipinos in need of funds. Whether it’s for an emergency, house repairs, or any financial contingencies, Digido can provide the money you need.

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Here are some of the advantages of receiving loans at Digido:

β˜‘ You can borrow up to PHP 25,000 with a daily interest rate of only 1.5%, lower than other online loans.
β˜‘ It’s easier and convenient to apply. Digido only requires 1 government valid ID, and you just need to enter the necessary data into the online application.
β˜‘Β You will receive your money immediately after signing the contract. You have the option to receive the money via bank transfers, Cebuana Cash Pick-up, or Gcash.
β˜‘Β Repeat borrowers can avail of installment loans.
β˜‘ You can apply anytime and anywhere. Digido is always ready to serve you and provide for your financial needs. Visit the Digido website for further details of the loan application.

Conclusion

Note that when computing for your monthly contribution, always check the updates of SSS and updated SSS contribution table 2023. Moreover, make sure that you have updated contributions posted in their system to avoid any problems with your benefits. As a member of SSS, you should also know all new guidelines released by the agency. In summary, with the implemented law, SSS can provide you and the next generation with better retirement assistance in the future.

Apply now

Articles Sources

  1. Republic of the Philippines Social Security System https://www.sss.gov.ph/
  2. Republic Act No. 11199 https://www.officialgazette.gov.ph/…
  3. Monthly average salary Philippines 2016-2020 https://www.statista.com/statistics/…

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Disclaimer: This article was written based on information available to the writer at the time of publication and the article was published for promotional, reference, and educational purposes only. Nothing in the articles published in the website is intended to constitute legal or financial advice and users are advised to seek counsel from legal and financial professionals.

Likewise, rates or offers published in the websites are promotional marketing offers only and do not constitute any binding contract between the Corporation and the website users.While the writers and publishers of the articles in the website wrote the articles using credible information available to them at the time of publication, any changes or updates to the information presented in this article may not be reflected here.

Hence, users are enjoined to exercise appropriate diligence in using the data and information published in the website, and they are urged to study and compare it with other credible sources. Users understand that the writers, publisher, website owner and the Corporation are not liable for any damage or injury they sustained for their wrongful or erroneous use of the data or information written in the article and published in the website.

Note: The information presented in the tables is subject to change and borrowers are advised to contact their chosen bank/ financial entity directly for the updated information

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Written by: Digido Financial Writers Team

Author pages:
Digido Financial Writers Team is a team of experts in the field of finance and credit, specializing in writing articles for Digido blogs.

Reviewed by: Mark Anthony

Author pages:
Mark Anthony is, the Finance and Accounting Manager. of Digido Finance Corp., monitoring and controlling the flow of cash that comes in and out of the company to meet the company’s business needs, preparing the financial reports and analysis of income and expenses, and monitoring tax compliance.