Fixed asset Declining Balance Depreciation Method

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What training is included in the quote for which modules or parts of the system?

Make sure your Partner includes sufficient training in their quote or it may cost you more money in support down the road.

You will also deal with the immeasurable cost of frustrated and unproductive users.

Vivienna from erp2u.com

List of Forms used under Sales Tax Act Malaysia

Below is the List of Form used under Sales Tax Act Malaysia.

JKED 1 - Application for Sales Tax License

JKED 2 - Application for Drawback/Refund

JKED3 - Sales Tax License

CJP1 - Sales Tax Return

Cukai Jualan 5 - Application to import/purchase materials and components free of sales tax for use in manufacturing

Cukai Jualan 5A-Application to import/purchase materials and components free of sales tax for use in manufacturing


Cukai Jualan 5B-Application by a licensed manufacturer to deliver goods to another licensed manufacturer and to acquire back such goods.

Cukai Jualan 6-Application for Exemption from licensing

Cukai Jualan 7-Certificate of Exemption from licensing

Cukai Jualan 10-Declaration by Licensess to claim sales tax deduction

Vivienna from erp2u.com

Project Management: Who’s guiding this ship?

You should see time for “Project Management” listed in your quote. If it’s not listed separately, it’s probably built into the quote. At first, you might balk at more overhead, but a well-managed project will save you money in the long run.

Ask: Will I have a specific project manager assigned to my project? What is this person’s experience level?
Ask to meet your project manager in person. Make sure you like their personality and trust their expertise, as you will be working very closely with this person over the duration of the project.


Insist that this person be at all critical meetings over the course of the project. For the most successful project, assign someone to manage the process on your side and to communicate regularly with the Partner.

Make sure the proposal clearly states who is responsible for what - on your side and the Partner’s side.
For example, who will do the data extraction from your current system to enter into your new system? If the Partner expects to receive the data from you and finds out you cannot provide it, he may charge you for extra billable hours.

Clarifying expectations upfront saves you both grief and dollars as the project moves forward.
 
vivienna from erp2u.com

The Hardware-The Engine That Makes It Go

Many companies carefully budget for the costs of the software, the services, and everything in between, but they forget to factor in the costs for the hardware required to make it all run. Missing this cost can be a painful stab to your budget.


We have outlined a few of the critical hardware pieces to factor into your budget.

Many accounting software Partners do not sell hardware, but they should have partnerships with experienced IT companies who can review your options with you.