Strata Titles Board rules that MCST has no power to permanently remove common property

Are you still calculating manually the late payment interest ? Do you include the day the payment received or not including the day the payment was received? Sounds familiar? The one that owes a late payment interest (your SP), will most often challenge the way your system calculate the late payment interest. We have seen…

To all management committee (MC) , Many a times, when  a new Managing Agent (MA) is appointed, the accounts will be managed and input by the accounts department of the MA. If for any reasons the MA is to be replaced, the handover of accounts will be carried out and the new MA will have…

Hi business owners or managing agents, It is not unheard of that a manager resigned and the rest of the colleagues follow suit en masse Whether they set up the same business to compete with you or join your competitors, the fact that it create a vacuum in your operation, may it be partially paralyze…

Sect 24 Whether the Organisation had, pursuant to section 24 of the Personal Data Protection Act 2012 (“PDPA”), put in place reasonable security arrangements to protect the Personal Data from unauthorised disclosure.  Section 24 requires an organisation to protect personal data in its possession or under its control by making reasonable security arrangements to prevent…

Accounting software generally perform the same function, allow you to perform 4 major functions namely 1.Record your revenue 2.Record your purchases of goods or services 3. Collection from your receivables 4. Making payments to your suppliers and occasionally record some adjustments like accruals, reclassifications, provisions etc. If you are still struggling to use Quickbook or…

SP may have more than one vehicles under their children or family members name, that is not under the strata roll Most of the time, you will keep a separate excel listing of who is who , in case when there is an emergency to locate the owner. And worst is you may not be…