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How does digitalization mitigate your business risk? [Superb Merdeka Promo Deal special for you!]
Business Digitalization becomes mainstream! Join the majority so that you don’t fall behind others! August 31, a day where all Malaysians join the jubilation to celebrate and commemorate the Malayan Declaration of Independence. On this significant day, we...
How cloud accounting helps over 10,000 SMEs to stand out using the Internet?
Have you noticed that our lives have changed drastically? Are online banking, food delivery, and e-commerce gradually gone from something new to something you are familiar with? Thanks to the Internet, with just a smartphone or a laptop, you can now satisfy your daily...
How can SMEs work together to help Malaysia’s economic recovery?
In 2020, due to pandemic causes, the global economic condition has worsened and without exception, the economic situation in Malaysia was also very challenging. Fortunately, in this new year 2021, Malaysia is preparing to enter a state of economic recovery. Economic...
New Features Live Workshop to Create a Better Biztory User Experience
Before the end of 2020, Biztory had held Biztory new features live workshop on 18th of December starting from 3 pm. This live workshop is exclusively open to subscribers of Biztory to let them have a better understanding of Biztory new features in 2020 in order to...
Here is What You Need To Know for Budget 2021 As Malaysians
Malaysia's Budget Allocation 2021 Malaysia’s Finance Minister Tengku Zafrul Aziz has announced the Budget 2021 on November 6 and according to Bernama and Reuters, a total of RM 322.5 billion has been allocated for 2021 (RM 7.8 billion more than 2020). The pie chart...
Top 10 Payment Terms in Malaysia
In a previous blog article published in May 2020, we have explained in detail about the importance of an invoice and what are important details that must be included in your invoice. An invoice is an important document that provides information to your customers so...
Examples of Financial Reports
Financial reports, also known as financial statements or finance reports hold pivotal data that helps business owners make important decisions. Apart from business owners, creditors, shareholders, and market analysts also rely on information contained within financial...
Inventory Valuation Methods
A company’s inventory is arguably its biggest and most important asset as it includes all materials, items, goods and merchandise that a company has in stock while waiting for sales completion and order fulfilment. Because the inventory is part of a company’s asset,...
Inventory Management System For Ecommerce
If you are having a hard time to keep track of your stocks, you are not alone. Many e-commerce businesses, especially big ones had to increase warehouses to keep all the inventories in one place. However, due to the increase in numbers of warehouses, businesses are...
What is bank reconciliation?
A bank reconciliation is a document that compares the cash balance on the balance sheet of a company with the amount on its bank statement. The reconciliation of these two accounts assists in deciding if accounting adjustments are required. Bank reconciliations are...