EH Lim2 days ago2 minHow 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.
EH LimApr 83 minHow to record a payroll entry?Although the accounting system does not compute payroll, you still have to update the monthly payroll to the ledger
EH LimMar 221 minMoneyWorks version 9.0.8 updateThe new feature includes downloading the sales from Shopify, BigCommerce, and WooCommerce eCommerce store as a service for MoneyWorks
EH LimMar 42 minHow 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
EH LimJan 282 minShould 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.
EH LimJan 42 minWhat'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.
EH LimDec 28, 20212 minStocktakingStocktake is part of the financial year-end closing. Start the stocktake process before your long holiday break. Happy new year!
EH LimDec 16, 20211 minMoneyWorks doesn't use Log4jCognito has released MoneyWorks 9.0.7 update, primarily a bug fix. Visit the Cognito website for the change history in version 9.0.7.
EH LimNov 29, 20212 minWhy 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.
EH LimNov 9, 20211 minProfit and Loss by Date RangeBesides bug fixes and improvements, Cognito added a new Profit and Loss by Date Range report into the MoneyWorks accounting system.
EH LimSep 13, 20211 minMoneyWorks Datacentre version 9.0.3 updateBesides bug fixes and performance improvement, the import bank statement feature in MoneyWorks now supports the CSV format.
EH LimAug 30, 20211 minNope, 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
EH LimJul 27, 20211 minMoneyWorks version 9.0.2Now, 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.
EH LimJun 7, 20211 minInsert a new line in Invoice or OrderInsert line item anywhere in the MoneyWorks accounting software's transaction by press down the Shift key + clicking on the Add Line button.
EH LimMay 17, 20212 minNew release! MoneyWorks version 9A Search function in the report preview and Fixed Assets module is among the new enhancement of MoneyWorks accounting software version 9.
EH LimMay 5, 20212 minManage non-profit organisation's programs with the Job featureYou can use the job feature in MoneyWorks accounting system to track the projects and programs for the non-profit organisation.
EH LimApr 21, 20212 minItemised discount vs a Lump sum discountMoneyWorks accounting software's product analysis does not include the discount on the product itself.