Growth Creates More Work, but More Work Does Not Always Require More People A growing business eventually reaches a familiar point. Revenue has increased, the number of customers has doubled, suppliers are sending more invoices, employees are submitting more claims...
The Expense Has Been There So Long That Everyone Stopped Asking About It Every month, the company pays S$1,800 to the same supplier. The amount is not particularly large compared with payroll, rent or major supplier bills, so nobody pays much attention to it. Finance...
Month-End Was Finished Until Someone Checked Their Inbox It is the fifth working day of the new month, and your finance team has finally completed the previous month’s accounts. Bank accounts have been reconciled, customer balances reviewed, supplier balances...
A Big Invoice Can Feel Like a Big Win For a Singapore SME, issuing a S$300,000 invoice can feel like a major business milestone. Perhaps the company has just completed a large project for a multinational corporation, secured an important corporate customer or...
Good Bookkeeping Starts Long Before Audit Season For many business owners, audit preparation only begins when the financial year has ended and the auditor requests supporting documents. Teams start searching for missing invoices, reconciling bank accounts, locating...
