EH LimJul 7, 20162 minManaging the financial periodThe year is broken into periods. You normally have 12 periods in your financial year, each one corresponding to a calendar month. However...
EH LimJul 6, 20161 minSelamat Hari RayaWishing all a happy holiday #accountingsoftwareSingapore #Malaysia #Singapore
EH LimJun 30, 20161 minThe double entry of a transactionThe double entry accounting consists of a debit and a credit entry. The Bookkeeper has to pass the journals and updates the ledger, which...
EH LimJun 28, 20161 minPrompt Payment Discount (Sales Discount)A Sales Discount (or Cash Discount) is a discount given at the point of payment. It encourages prompt payment and helps in cash flow...