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Other Assets | 12 Months Ended
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Mar. 31, 2021
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract] |
Other Assets | 9 OTHER ASSETS The other assets consist of the following:
|  | As of March 31, |
|  | 2020 |  |  | 2021 |
|  | RMB |  |  | RMB |
Prepayments and other current assets |  |  |  |  |  |  |  |
Receivables from third-party payment service providers (1) |  |  | 28,703 |  |  |  | 21,231 |
Receivables of technology service |  |  | 20,460 |  |  |  | 17,155 |
Other prepaid expenses |  |  | 15,987 |  |  |  | 11,504 |
VAT receivables |  |  | 12,187 |  |  |  | 10,931 |
Deposits |  |  | 6,699 |  |  |  | 3,054 |
Receivables of financing facilitation service |  |  | 4,054 |  |  |  | 2,844 |
Prepaid promotion fees |  |  | 3,468 |  |  |  | 2,065 |
Employee loans and advances |  |  | 634 |  |  |  | 267 |
Interest receivable |  |  | 735 |  |  |  | 246 |
Others |  |  | 7,703 |  |  |  | 10,073 |
Less: Allowance for doubtful accounts |  |  | (1,522 | ) |  |  | (1,691 | )
Total prepayments and other current assets |  |  | 99,108 |  |  |  | 77,679 |
Other non-current assets |  |  |  |  |  |  |  |
Prepayment for office building (2) |  |  | — |  |  |  | 146,300 |
Long-term deposit |  |  | 13,656 |  |  |  | 16,284 |
Prepayment for trademark |  |  | 527 |  |  |  | 527 |
Total non-current assets |  |  | 14,183 |  |  |  | 163,111 |
(1) | Receivables from third party payment service providers represent cash due from the Group’s third party on-line payment service providers in relation to their processing of payments to the Group. As of March 31, 2020 and 2021, no allowance for doubtful accounts was provided for these receivables.
(2) | On August 8, 2020, the Group entered into an agreement with a third-party company to purchase an office building located in Hangzhou, China for a total consideration of RMB209,000. The building is under construction and is scheduled to be completed and delivered to the Group in 2023. As of March 31, 2021, the Group has paid RMB146,300 for the office building purchase. The remaining installments of RMB62,700 are expected to be made in the next three years (Note 22(b)).
The movement of allowance for doubtful accounts is analyzed as follows:
|  | For the year ended March 31, |
|  | 2019 |  |  | 2020 |  |  | 2021 |
|  | RMB |  |  | RMB |  |  | RMB |
Balance at beginning of year |  |  | (563 | ) |  |  | (563 | ) |  |  | (1,522 | )
Additions |  |  | — |  |  |  | (959 | ) |  |  | (169 | )
Balance at end of year |  |  | (563 | ) |  |  | (1,522 | ) |  |  | (1,691 | )

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- Definition The entire disclosure for other assets. This disclosure includes other current assets and other noncurrent assets. + References No definition available. + Details
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