The knowledge to move forward.
Category: Running Your Company

October 15, 2026
When an overseas customer returns goods, reconcile the refund with the actual stock movement and original sale. A refund confirmation does not prove the goods were received or…
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October 15, 2026
If marketplace sales exceed the amount received in the bank, build a reconciliation rather than recording the payout as the whole sales total. Fees, refunds, withheld amounts and…
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October 15, 2026
If a Singapore-based employee is paid from overseas, establish the actual employer, work location and employee status before deciding the CPF position. The country of the bank payment…
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October 15, 2026
If unpaid leave is entered after salary has been calculated, review the leave evidence and actual work schedule before adjusting pay. A late administrative entry should not be…
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October 15, 2026
A bonus approved after payroll is finalised should be reviewed before payment and CPF submission. Do not add it to the bank payment file while leaving the payroll…
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October 15, 2026
When an employee becomes a Singapore permanent resident during a month, obtain the actual conversion date before updating CPF payroll settings. An approval message and the effective PR…
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