top of page
.jpg)
Search


Record a Foreign Currency Transaction in MoneyWorks: Should You Open a Foreign Currency Bank Account
Your client pays in USD, but your bank only takes SGD — what happens next might surprise you.
EH Lim
Oct 283 min read


How to Offset Invoices in MoneyWorks When Contra Invoices Won't Work
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?
EH Lim
Sep 25 min read


How to Find Any MoneyWorks Transaction in Seconds (Not Hours)
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.
EH Lim
Jul 293 min read


Why Changing Your Financial Period Names Isn't as Simple as It Sounds
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.
EH Lim
Jul 33 min read


Selamat Hari Raya Haji
We wish you and your family a blessed Hari Raya Haji filled with love and happiness.
EH Lim
Jun 71 min read


Customer Deposits: Your Small Business Cash Flow Game-Changer
"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.
EH Lim
May 284 min read


MoneyWorks updates version 9.2.1
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.
EH Lim
May 91 min read


Multi-currency accounting
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.
EH Lim
Apr 293 min read


Selamat Hari Raya
We wish you a happy holiday.
EH Lim
Mar 281 min read


How do I offset invoices between a debtor and a creditor?
Contra outstanding invoices between a debtor and a creditor could be tricky; avoid it if possible.
EH Lim
Feb 192 min read


新年快乐
May the Year of the Snake bring endless opportunities, growth, prosperity, and good health.
Gong Xi Fa Cai
EH Lim
Jan 241 min read


Hello! 2025
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...
EH Lim
Dec 31, 20242 min read


Merry Christmas!
Season's greetings from our team to yours.
Merry Christmas and Happy New Year!
EH Lim
Dec 20, 20241 min read


Add a barcode of the invoice number to the sales invoice form
Your customer may require you (the supplier) to have your invoice numbers barcoded as part of the digital transformation.
EH Lim
Dec 16, 20242 min read


How do I choose a financial year?
The financial year may follow the calendar year from January to December, or some countries may allow you to have it in any preferred month.
EH Lim
Nov 22, 20244 min read


Happy Deepavali
Happy Deepavali
May your holiday be full of warmth and love!
EH Lim
Oct 29, 20241 min read


How do I create a new company file in MoneyWorks accounting software?
From the file menu, select new to create a new company file (document) in MoneyWorks accounting software.
EH Lim
Oct 25, 20244 min read


Departmental accounting
Departmental accounting allows the accountant to dissect business profitability into manageable segments, catering to your needs. Instead...
EH Lim
Oct 16, 20242 min read


MoneyWorks accounting software update version 9.1.9
Cognito has released an update, version 9.1.9, for the MoneyWorks accounting software.
EH Lim
Sep 19, 20241 min read


Do I have to turn on the multiple currencies feature in my accounting software?
Managing your foreign currency with the multiple currencies feature turned on in your accounting software would be easier.
EH Lim
Sep 6, 20242 min read
bottom of page