Overbilling generally means billing is ahead of recognised revenue, while underbilling means recognised revenue is ahead of billing. Here is how both affect cash flow, accounting and business performance.

Learn how Shopee and Lazada sellers in Malaysia should record sales, fees, refunds, expenses, tax and e-Invoice transactions.

A practical guide to accounting for construction companies in Malaysia, covering project costing, WIP, progress claims, tax, SST and cash flow.

A guide to hotel accounting in Malaysia, covering SST, Tourism Tax, OTAs and KPIs.

Staff bonuses can generally be tax deductible for Malaysian businesses, but timing matters. Here is how approval, accrual, payment and payroll treatment affect the deduction.

MITRS adds another step to Malaysia’s corporate tax filing process. Here is what companies need to submit to LHDN, when it is due and how it works.

A guide to managing intercompany transactions, loans, shared costs and e-Invoices.

A guide to managing intercompany transactions, loans, shared costs and e-Invoices.

Creative accounting can make results look better, but when does judgement cross into misconduct?