As discussed yesterday over the phone with Khun Kanoksin, it’s likely that we may decline the cost allocation to PACE and only keep all costs under “Fourteen Points Co., Ltd.”. In other word, we will utilize SunSystem for 1 company only – not 2 as earlier. As such, I would like you to consider to reduce whatever costs it can be, as much as possible and from what I can see, ‘training’ of 22 days may be too much for Fourteen Points which is a blank company until 2012 and only a few transactions incurred in 2013.
Kick off / installation = 1 day
Configuration (Design & Build) = 2 days
Training = 3 days
Data conversion = 0 day
Interface = 1 day
Live Systems = 2 days
Month end = 1 day
Fixed Asset = 1 day
Total = 11 days
I am sorry that I cannot provide you the Audited F/S as of end of 2012 but this is confirmed by our external auditor.