Counto

NOVEMBER 2, 2024

Categorise Your Invoices : Use folders or tags to organise invoices by client, date, or payment status (paid/unpaid) to facilitate easier tracking and retrieval during audits. Example : An e-commerce business maintains a digital folder system where invoices are organised by month and client, allowing for easy access during financial reviews.

Invoicing 52

Invoicing Invoice Processing Account Receivables Accounts Receivable 52

Counto

NOVEMBER 10, 2024

What Every Singapore Restaurant Owner Should Know About GST Understanding Goods and Services Tax (GST) is crucial for restaurant owners in Singapore, as it directly impacts pricing, compliance, and overall financial management. Example : A restaurant receives an invoice for S$300 for fresh produce, which includes S$21 in GST.

Record Keeping 52

Record Keeping Billing Invoicing Tax 52

Counto

JANUARY 21, 2025

Heres why you should consider working with an accounting firm: Broad Expertise: An accounting firm brings together professionals with expertise in various areas, such as corporate tax, GST, financial audits, and compliance. Compliance Assurance: In Singapore, staying compliant with financial regulations is non-negotiable.

Accounting 52

Accounting Accounting Bookkeeping Auditing 52