Accounts receivable, net

12 Months Ended

Dec. 31, 2023

Credit Loss [Abstract]

Accounts receivable, net

Note 5 – Accounts receivable, net

Accounts receivable, net consist of the following:

	December 31, 2021			December 31, 2022			December 31, 2023			December 31, 2023
	SGD			SGD			SGD			USD
Accounts receivable		156,604			252,818			590,691			447,731
Less: Allowance for expected credit losses		(23,210	)		(9,102	)		(9,802	)		(7,430	)
Total accounts receivable, net		133,394			243,716			580,889			440,301

Movements of allowance for expected credit losses accounts are as follows:

	December 31, 2021			December 31, 2022			December 31, 2023			December 31, 2023
	SGD			SGD			SGD			USD
Allowance for expected credit losses, beginning balance		3,712			23,210			9,102			6,899
Addition		23,210			16,683			7,619			5,776
Write-off / recovery		(3,712	)		(30,791	)		(6,919	)		(5,245	)
Allowance for expected credit losses, ending balance		23,210			9,102			9,802			7,430

As of the end of each of the financial year, the aging analysis of accounts receivable, net of allowance for expected credit losses accounts, based on the invoice date is as follows:

	December 31, 2021		December 31, 2022		December 31, 2023		December 31, 2023
	SGD		SGD		SGD		USD
Within 30 days		63,640		127,415		521,337		395,162
Between 31 and 60 days		23,663		42,445		5,698		4,319
Between 61 and 90 days		14,145		59,960		10,405		7,887
More than 90 days		31,946		13,896		43,449		32,933
Total accounts receivable, net		133,394		243,716		580,889		440,301