"The New button is greyed out!" If you've ever stared at that screen in confusion, you're not alone. It's one of the most common questions we hear from MoneyWorks users — and the answer usually comes down to how periods are being managed. Once you understand how period management works, it becomes far less mysterious.

Many businesses use the sub-ledger method to track expenses by department, often resulting in an unwieldy number of accounts. MoneyWorks streamlines this process with a departmental accounting approach, enabling you to track income, expenses, and assets by business unit—without having to create new accounts for each department.

We wish you and your family a blessed Hari Raya, filled with love, joy, and peace.

Wishing you and your loved ones a vibrant and prosperous Year of the Horse. May it bring you good health, success, and abundant joy. Happy New Year!

Negative on-hand stock is one of those issues that catches auditors' attention at year-end. While you can't physically have fewer than zero items on your shelf, your accounting system might tell a different story.

Wishing you a joyful and peaceful holiday season. Merry Christmas and a Happy New Year!

Your client pays in USD, but your bank only takes SGD — what happens next might surprise you.

You provide services to your supplier from whom you purchase goods. Now, your supplier (creditor) is also your customer (debtor). How should you handle invoicing?

Every transaction tells a story. These search tools help you find exactly the story you need in the MoneyWorks accounting system, whether you're doing a quick fact-check or investigating your company's financial patterns in depth.

You're looking at a January invoice from 2015, but your accounting system now shows it filed under 'October.' The dates are correct, but something seems off.

We wish you and your family a blessed Hari Raya Haji filled with love and happiness.

"Good morning, Boss!" —sounds good? If you dare to take risks and step into the unknown, you can be a "Boss", too. But maintaining that title? That's a different story. We often hear about success stories, but less about the tough struggles that can lead to failure. Being a small business owner isn't as easy as some might believe. Beyond fighting for market share, managing cash flow is a constant battle for small businesses.

Cognito has released an update, version 9.2.1, for MoneyWorks accounting software. As usual, the update enhances performance, fixes software bugs, and introduces new features.

Exchange fluctuation is the biggest hurdle when translating from one currency to another, and it is vital to businesses trading with foreign currency, as it could affect the bottom line.

We wish you a happy holiday.

Contra outstanding invoices between a debtor and a creditor could be tricky; avoid it if possible.

May the Year of the Snake bring endless opportunities, growth, prosperity, and good health. Gong Xi Fa Cai

It's time to say goodbye to 2024 and hello to 2025. If December is your financial year-end month, remember to prepare your financial...

Season's greetings from our team to yours. Merry Christmas and Happy New Year!

Your customer may require you (the supplier) to have your invoice numbers barcoded as part of the digital transformation.