Did you receive the same email as Jason asking you to prepare for GST InvoiceNow? Like Jason, you may wonder what InvoiceNow is and how you must prepare.

A deferred income is a current liability on the balance sheet. It remains unearned until goods and services are fulfilled and recognised in the sales revenue account.

We wish you a happy holiday. Selamat Hari Raya Aidilfitri.

You do not need a lengthy paragraph explaining why you pay or receive; you need concise information of what and where to explain the why.

May the Year of the Snake bring endless opportunities, growth, prosperity, and good health.

Gong Xi Fa Cai

新年快乐， 身体健康
事业高升， 万事如意

Are advance payment, deposit, and prepayment any different?