Lowyat.NET: Latest topics by lowprofiledude

Accounting Treatment Pension

lowprofiledude — Sat, 20 Jul 2024 22:28:57 +0800

Hello, hopefully some master could help me with this please ? My bosses gave me a difficult question and I can't find the answer in the standard .

Let say, I have a defined benefit plan to an ex employee. There are 3 possible way of payout upon reaching age of 65.
The current plan have liability of EUR411,000 and asset of EUR 100,000
1) full lump sum
2) fix monthly payment of EUR 1,500
3) if death at 65, the spouse will receive only EUR 700.
Another option is the employee can opt to get payout earlier than age of 65 but he will be getting EUR 1,500 at a reduced interest of 0.5%.

I have tried to ask brokers which option is possible to happen but they couldn't answer me too. How am I going to take into all possible payout options into accounting entry ?

Hope to get some help and advise on the accounting treatment .

Unifi

lowprofiledude — Fri, 13 Oct 2023 09:44:23 +0800

Hi, I installed my Unifi yesterday.
I remember that during my subscription, the PIC mention that the installation is free for 50 meter.
But during the installation, it involve drilling of one hole in wall, but I do not see that it exceed 50 meter as we use the previous fibre optic which is still good per claimed by the contractor.

The contractor have charged me RM 400 for installation.
Just wondering if this is the standard fees for Unifi installation that anyone experience for drilling one hole?

Floor plan and Home Reno

lowprofiledude — Mon, 06 Feb 2023 23:04:47 +0800

Hi All,

Not sure anyone willing to share their detailed floor plan for Bukit Serdang 5/3 area?

I have recently bought a landed property there.
Would like to apply for renovation approval but there is no floor plan from the previous owner.

Have tried to called MPSJ and they told me that they do not have any record for the plan and developer sad .
I have also googled but there is no information on who is the developer.

Appreciate if any member around the area mind to share information on developer or the floor plan with me ?

Thanks a lot !

Floor plan and Home Reno

lowprofiledude — Mon, 06 Feb 2023 22:52:32 +0800

Hi All,

Not sure anyone willing to share their detailed floor plan for Bukit Serdang 5/3 area?

I have recently bought a landed property there.
Would like to apply for renovation approval but there is no floor plan from the previous owner.

Have tried to called MPSJ and they told me that they do not have any record for the plan and developer .
I have also googled but there is no information on who is the developer.

Appreciate if any member around the area mind to share information on developer or the floor plan with me ?

Thanks a lot !

Air Asia Credit

lowprofiledude — Mon, 06 Feb 2023 18:06:45 +0800

Hello All,

I have around RM 873 in my Air Asia Credit.

Anyone interested to buy?
Am willing to sell at price of 20% off as I will not be travelling anymore due to new commitment.

Need to save money for housing loan and renovation

Too bad there is no option to convert into cash, or if anyone know how, please teach me