July 30, 2009... A day to celebrate. It is not my Birthday. But this is the last day of ROC filing for December audited report for private limited company. After today, the off peak period is officially began... Yeah!! I can have my life again....
Another thing to highlight.... the incentive scheme's collection period for team member is extended to September. The memo is here just on time. This is the best news for the whole month. My team, Joey, Darren and me have ben waiting for this news since few days back. Our group performance is good but our group collecion is only 57%. To qualify for the incentive, we need to have at least 60% of collection. 57% is the best that we can achieve.
Most of the clients told us that they only manage to pay us mid or end of August.... Obviously is an empty promise again. During our period of collection, I heard lots of funny funny excuse to delay payment.... 'Boss at oversea', 'Can't find the cheque book', 'Cheque book finish already', 'cash flow tight', 'audit fee ranked the least priority for payment'.... an honest 1, 'Paid already', 'Haven't receive the invoice/statement' etc.
I'm kinda surprise with Joey's collection. Her individual collection is around 80%.... really fantastic. Darren and I are the reason for the low collection rate averagely. But I'm confident that if we're given another 2 months.... I'm sure 3 of us can do it better. We are aiming for 90% now. Wish us luck!!
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