Common scenarios

Customer

• Gift and sample 
• Discount and rebate 
• Provision of service to overseas customer 
• Supply to overseas customer with delivery to local address 
• Bad debts relief 
• Issue of credit note/debit note 
• Returned goods from customer 
• Absorbing GST 
• Recovering expenses (re-billing) 
• Deposit and downpayment 
• Voucher 
• Compensations to/from customer 
• Tourist Refund Scheme 

Employee

• Employee benefit (free meals and accommodation, medical insurance, club subscription...)
• Discounted sale to employees 
• Expenses incurred by employee on behalf of company (entertainment expenses, telecommunication expenses...)
• Payment from employee to retain free gift received from third party

Related company and other third party

• Recovering expenses (re-billing) 
• Secondment of staff 
• Transferring business as a going concern 
• Receiving grant 
• Receiving donation and sponsorship 

Others

Sale and purchase of assets

• Sale/disposal of business asset 
• Trade-in 
• Using business asset for personal or non-business use 
• Sale of property by a partner 
• Purchase and sale of motor vehicle 

Bank deposits and financing

• Interest relating to bank deposit/loan/trade debt 
• Hire purchase 
• Selling/renting out assets in satisfaction of debt