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How to change the tax code (GST code) in a transaction?
EH Lim
  • 2 days ago
  • 2 min

How to change the tax code (GST code) in a transaction?

The GST code used in the MoneyWorks transaction follows the GST code set in the account used.
2 views0 comments
How to record a payroll entry?
EH Lim
  • Apr 8
  • 3 min

How to record a payroll entry?

Although the accounting system does not compute payroll, you still have to update the monthly payroll to the ledger
3 views0 comments
EH Lim
  • Mar 22
  • 1 min

MoneyWorks version 9.0.8 update

The new feature includes downloading the sales from Shopify, BigCommerce, and WooCommerce eCommerce store as a service for MoneyWorks
1 view0 comments
How to change the tax rate in MoneyWorks when the GST rate increase from 7% to 8%?
EH Lim
  • Mar 4
  • 2 min

How to change the tax rate in MoneyWorks when the GST rate increase from 7% to 8%?

The standard rated GST set in MoneyWorks is 7%, pre-loaded when you first created the company file with localisation setup as Singapore
4 views0 comments
过年啦!
EH Lim
  • Jan 29
  • 1 min

过年啦!

We wish you all a happy lunar new year! 新年快乐, 身体健康。
3 views0 comments
Should I use a credit note or cancel the transactions?
EH Lim
  • Jan 28
  • 2 min

Should I use a credit note or cancel the transactions?

A credit note is for returns of goods or adjustments to past invoices. Whereas the cancel transaction for reversing a wrong entry.
4 views0 comments
What's your budget?
EH Lim
  • Jan 4
  • 2 min

What's your budget?

Having a budget is extremely important when moving towards a new normal. It is crucial to monitor the performance in an uncertain market.
6 views0 comments
Stocktaking
EH Lim
  • Dec 28, 2021
  • 2 min

Stocktaking

Stocktake is part of the financial year-end closing. Start the stocktake process before your long holiday break. Happy new year!
4 views0 comments
Merry Christmas!
EH Lim
  • Dec 23, 2021
  • 0 min

Merry Christmas!

Merry Christmas!
1 view0 comments
EH Lim
  • Dec 16, 2021
  • 1 min

MoneyWorks doesn't use Log4j

Cognito has released MoneyWorks 9.0.7 update, primarily a bug fix. Visit the Cognito website for the change history in version 9.0.7.
1 view0 comments
Why can't I open a new period?
EH Lim
  • Nov 29, 2021
  • 2 min

Why can't I open a new period?

Once the maximum number of periods has reached, close some of the older periods to open up a new period in MoneyWorks accounting system.
9 views0 comments
Profit and Loss by Date Range
EH Lim
  • Nov 9, 2021
  • 1 min

Profit and Loss by Date Range

Besides bug fixes and improvements, Cognito added a new Profit and Loss by Date Range report into the MoneyWorks accounting system.
6 views0 comments
Product costing
EH Lim
  • Oct 6, 2021
  • 3 min

Product costing

Product costing gets complicated when involving landing costs.
15 views0 comments
MoneyWorks Datacentre version 9.0.3 update
EH Lim
  • Sep 13, 2021
  • 1 min

MoneyWorks Datacentre version 9.0.3 update

Besides bug fixes and performance improvement, the import bank statement feature in MoneyWorks now supports the CSV format.
1 view0 comments
Nope, I had already paid!
EH Lim
  • Aug 30, 2021
  • 1 min

Nope, I had already paid!

The payment status of an invoice, find the related payment or a historical payment listing; MoneyWorks has features that an accountant needs
3 views0 comments
MoneyWorks version 9.0.2
EH Lim
  • Jul 27, 2021
  • 1 min

MoneyWorks version 9.0.2

Now, you can have an option to set the GST rounding to follow the Banker's rounding method or round up to the nearest half cents.
6 views0 comments
Insert a new line in Invoice or Order
EH Lim
  • Jun 7, 2021
  • 1 min

Insert a new line in Invoice or Order

Insert line item anywhere in the MoneyWorks accounting software's transaction by press down the Shift key + clicking on the Add Line button.
22 views0 comments
New release! MoneyWorks version 9
EH Lim
  • May 17, 2021
  • 2 min

New release! MoneyWorks version 9

A Search function in the report preview and Fixed Assets module is among the new enhancement of MoneyWorks accounting software version 9.
19 views0 comments
Manage non-profit organisation's programs with the Job feature
EH Lim
  • May 5, 2021
  • 2 min

Manage non-profit organisation's programs with the Job feature

You can use the job feature in MoneyWorks accounting system to track the projects and programs for the non-profit organisation.
29 views0 comments
Itemised discount vs a Lump sum discount
EH Lim
  • Apr 21, 2021
  • 2 min

Itemised discount vs a Lump sum discount

MoneyWorks accounting software's product analysis does not include the discount on the product itself.
20 views0 comments
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