Entrepreneurship: Automating accounting for small businesses

Source: The Edge Markets With the WeWork initial public offering being shelved late last year, many investors and venture capitalists have started to question whether the “growth at all costs” model is viable and sustainable. The bandwagon, as it turns out, has lost...

【行管第42天】行管令直击商业活动 企业决心数码化

我国为了遏制新冠肺炎疫情扩散而实施行动管制令,此举直接冲击商业活动,也导致许多企业决心把当前业务数码化。 雪兰莪资讯科技与电子商务理事会(SITEC)首席执行员杨凯斌指出,就当前情况,数码化是破釜沉舟之举,让业务可持续发展,尤其可预见未来几个月甚至一两年的活动都会减少,如果你只有实体店将会深受影响。 他表示,数字化过程涵盖简单概念,即(一)行销漏斗(Funnel Theory),如数码销售工具包括网店平台、宣传等;(二)网络用户行为(online user...

Everything You Need to Know About Withholding Tax in Malaysia

What is withholding tax in Malaysia? Quoting directly from the Inland Revenue Board of Malaysia’s official website, withholding tax is an amount that is withheld by the party making payment (payer) on income earned by a non-resident (payee), and paid to the Inland...

Petty Cash 101 : Everything You Need to Know in Malaysia

What is petty cash? Petty cash or a petty cash fund is a small amount of cash set aside by a business for daily or weekly expenses that require payment in cash terms, or are too small in amount to be issued a check. It is a pre-determined amount of cash that is kept...