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Knowledge Sharing

What is a Quotation?

Quotation is a document that a seller would give to a potential buyer to list the products and services that they provide and the cost involved. It allows a potential buyer to see the costs would be involved for the product they would like to buy. What information should be included in Quotation? Quotation should include: – Letterhead Your company … Read more

Tips to use Cheque Safely

Cross the Cheque By draw two parallel lines across the left hand corner of the cheque, this crossing can prevent the cheque from being directly encashed. The crossed cheque must be deposited into a bank account. If the cheque has been stolen, it is easily traced by locating the account it was deposited into. Keep Cheque Clean and Tidy Keep … Read more

Organize Your Work With Calendar

Have you forgot an appointment or missed a deadline? Missing an appointment or deadline may result a lost of business opportunity, or project failure. It is important to develop a calendar system to get yourself organized and manage your time and activities. 1. Get a Calendar The easiest way is to put a wall calendar or desktop calendar in your … Read more

How to prepare an invoice?

Information in an Invoice The following list shows the basic information should be shown in an invoice. – Your Company name – Company address – Telephone number – Email address. – VAT registration number (if VAT is applied) – Invoice number The invoice should have a unique invoice number. You may also include a prefix in the invoice number. It … Read more

Advantages of using PDF

What is the advantage of using PDF format file? 1. Platform Independent PDF is a portable document format, which is work on Windows, Macintosh and Unix. It is a document which is independent of the hardware, operating system and application software used to create the document. It can be shared across different platforms. A PDF document created in Windows can … Read more

Benefits of Using Invoicing Software

Invoices or Bills are generated by the seller and passed to the customer along with the product. According to the invoice, the customer pays the bill to the seller. Many small business owners use hand written invoice. They fill out the product entries and price information with hand and send the hand written invoice to customer. Another option is excel … Read more

How to write a cheque

When preparing a cheque, a lot of people forget to fill out something on a cheque. It is troublesome if the cheque cannot be drawn and bounced. Check list for writing a cheque. – Write the date on the cheque. – Fill in the name of the payee legibly and correctly. Write as close to “Pay” (the left) as possible. … Read more