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

Assuming the Management Committee (MC)  agreed to change the current Managing Agent (MA). The handing over process are the physical items, pending tasks, follow ups etc. However, most often then not… a lot of information is not documented and transparent, and someone will drop the ball and another will have to attempt to pick it…

Most software or applications(apps) require only login identification and password to access the system as the barest minimum security feature. Depending on the nature of the content and exchange of information, some are regarded as highly sensitive, so that it warrants more than just a login id and password to access. Some system requires your…

If you are the managing agent, the operational staff prepare all payment voucher manually and making out the payment to the vendor and then you, as the accountant, take up the entries weeks later. You will have this problem. 1. This is double work 2. The amount is 369.40 but issued out as 396.40 or…

Many users asked or believed that expendable items need not be taken up in the inventory, or those in the service business where they do purchase inventory for use in the course of delivering their services or job sites in projects accounting If you look at a recent case where  one of the NPark officer asked…

20th July 2018 – Personal info of 1.5m SingHealth patients, including PM Lee, stolen in Singapore’s worst cyber attack How then can your individual SP information be protected? When you change MA, your MA keeps the database, because they are using their own accounting system.  We had discussed this topic in the earlier blog as “Who…

Migrating from a system (manual or existing software) is challenging because setting up must be done correctly to have a smooth roll out of the new system Still considering coming on board the Realtimme Cloud MCST platform? We give you a compelling reason why you should quickly come onboard with us. We will send the…