Blog | Bookkeeping Services Johor Bahru

The matching principle and accounting period assumption are the assumptions of income measurement when properly measuring net business income (Also

What is Double-Entry Bookkeeping?

The double-entry bookkeeping is a standard system utilised by both big and small business, specifically accounting firms in Malaysia.The main

A lot of entrepreneurs, particularly small company, assume that the general ledger can represent all individual business transactions. This is

Many business owners are not professionals in accounting. They might have knowledge relating to accounting but might not be perfect

Nowadays, there are increasingly start up companies (Also see Accounting in Start-up - Part 1) are outsourcing their accounts. This

The Trial Balance and the Balance Sheet might sound the same, but both statements are different. Here are some of

4 Benefits of Good Bookkeeping

Bookkeeping is really crucial for every business setup, as it helps to measure the true failure or success of a

Introduction to Bank Reconciliation

Every business has a general ledger: Cash at Bank account in the Balance Sheet that records every transaction that involves

Many people do not view the chart of accounts as important. There are many reasons you should consider preparing the

What is Account Receivable?

Let’s imagine that when we are purchasing some groceries, we queue at the cashier and pay for the groceries. We

What is Accounts Payable?

Accounts payable are a liability to a party, known as a creditor, in an open account, generally for purchases of

There is always a confusion among business owners about the difference between audit, review and compilation of financial statements. There