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DEFERRED REVENUE
12 Months Ended
Sep. 30, 2021
Revenue Recognition and Deferred Revenue [Abstract]  
DEFERRED REVENUE

NOTE 8 – DEFERRED REVENUE

 

SCHEDULE OF DEFERRED REVENUE 

   2021   2020 
   September 30, 
   2021   2020 
         
Advance payments from customers  $3,122,705   $203,586 
Total deferred revenue  $3,122,705   $203,586 

 

Deferred revenue resulted from transactions where the Company has received the payments from the customers but revenue recognition criteria under the five-step model have yet to be met. As at September 30, 2021 and 2020, the Company had a total deferred revenue of $3,122,705 and $203,586 respectively. Once the five-step model criteria have been satisfied, revenues will be recognized upon the transfer of risk and rewards to the customers.