Starting 2016, Malaysian companies are required to comply with Malaysia Private Entities Reporting Standard (MPERS).
Today our CEO shared about MPERS with Venturians.
OfficeCentral has been improved to comply to MPERS. The updates are automatically received by users however for those who have used the old charts of accounts (or customized chart of accounts that are not MPERS compliant), need to manually update their CoA to comply to the standards.
We will share more information in the next posts.