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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
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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
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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
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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
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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
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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
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Is InvoiceNow the same as e-Invoice?
Although PDF or HTML email invoices are digital and paperless, they are not e-invoices. An e-invoice is distinctive.
EH Lim
Aug 23, 20242 min read
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How do you set up a recurring transaction for the MoneyWorks accounting software?
Duplicate and recurring entries are two methods for improving the monotonous accounting task in MoneyWorks accounting software.
EH Lim
Aug 7, 20242 min read
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Whose payment?
Search the invoice in MoneyWorks accounting software with the spotlight search; right-clicked the invoice and select 'Receipt this invoice'.
EH Lim
Jul 29, 20242 min read
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MoneyWorks accounting software update version 9.1.8
In addition to bug fixing, the new release (MoneyWorks version 9.1.8) includes several enhancements.
EH Lim
Jul 18, 20241 min read
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Refrain from purging the data if you need the information later
Remember not to purge the data if you might need it later. This precaution can prevent potential data loss and keep your records intact.
EH Lim
Jul 11, 20243 min read
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What is bank reconciliation?
Bank reconciliation is an accounting process that balances your financial records with the transactions shown on your bank statement.
EH Lim
Jun 26, 20242 min read
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Record a Prepayment
Prepayment is not an income nor expense but a current asset, a balance sheet account.
EH Lim
Jun 12, 20241 min read
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'ILOVEYOU' no more -- Beware of what you click
Pause and verify the digital contents before clicking the hyperlinks, downloading files, or giving away sensitive information.
EH Lim
Jun 10, 20242 min read
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MoneyWorks Datacentre 9.1.7r1 update
Cognito released the MoneyWorks Datacentre (DC) version 9.1.7r1 update, fixing the server crash issue (under certain circumstances). The...
EH Lim
May 3, 20241 min read
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What's related?
The "find related" feature in the MoneyWorks accounting software is to search for related information from another list within the database.
EH Lim
Apr 30, 20241 min read
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Selamat Hari Raya Aidilfitri
Selamat Hari Raya Aidilfitri
May your holiday be full of warmth and cheer!
EH Lim
Apr 9, 20241 min read
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MoneyWorks accounting software update version 9.1.7
MoneyWorks update v9.1.7:
- Emailed PDF forms with a specified attachment name
- Income & Expense pie chart Dashboard configuration option.
EH Lim
Apr 9, 20241 min read
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Manage Goods and Services Tax (GST) in the MoneyWorks accounting system with a non-Singapore dollar home currency
When dealing with the non-Singapore dollar (SGD) home currency in an accounting system, the GST submission to the IRAS has to be SGD.
EH Lim
Jan 22, 20242 min read
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Merry Christmas!
Thank you for all your support
May your holiday sparkle with joy and laughter
Merry Christmas & a Happy New Year!
EH Lim
Dec 20, 20231 min read
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