MoneyWorks 2/5

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

Preparing for the Switch: How to Update Your MoneyWorks Accounting System for the New GST Rate of 9%

Singapore's GST rate is to increase from 8 to 9% from 1 Jan 2024. Update the MoneyWorks accounting software to reflect the new rate to...

EH Lim

Dec 18, 20231 min read

How to Seamlessly Add a Detail Line to Your MoneyWorks Accounting Software Orders and Invoices?

MoneyWorks accounting software version 9 improved how you insert a new detail line in orders and invoices.

EH Lim

Oct 25, 20232 min read

MoneyWorks accounting system update version 9.1.5

Cognito has released a version 9.1.5 update for the MoneyWorks accounting system.

EH Lim

Sep 15, 20232 min read

MoneyWorks accounting software update v9.1.4

Cognito has released the MoneyWorks accounting software update v9.1.4.

EH Lim

Jun 21, 20231 min read

How to receive or pay an invoice with a different currency in MoneyWorks accounting software?

The multi-currency feature in MoneyWorks accounting software will be handy for growing businesses that trade globally.

EH Lim

Jun 16, 20232 min read

Advances paid to the supplier

You can use the 'pay a deposit for order' option from the MoneyWorks purchase order to record an advance payment to the supplier.

EH Lim

May 5, 20232 min read

Announcing MoneyWorks Point of Sale (POS)

Cognito announced a new service, MoneyWorks Point of Sale (POS), that works with the MoneyWorks accounting software (Gold and above version)

EH Lim

Mar 30, 20231 min read

MoneyWorks update 9.1.3

MoneyWorks accounting software v9.1.3 drops support for macOS Sierra (10.12). You MUST update your macOS before updating MoneyWorks.

EH Lim

Mar 10, 20231 min read

MoneyWorks 9.1.1 release incorporated the new requirement for GST reporting

EH Lim

Dec 25, 20221 min read

MoneyWorks updates 9.1

MoneyWorks updates version 9.1 Support batch/serial number tracking when building a product is one of the new features added in this update.

EH Lim

Sep 22, 20221 min read

Reinstall MoneyWorks accounting software

Besides using it as a test drive, the trial version can also use to reinstall MoneyWorks accounting software when changing new hardware.

EH Lim

Jul 21, 20221 min read

Submit GST Form 5 to IRAS from the MoneyWorks accounting system digitally

Submit GST Form 5 to IRAS from the MoneyWorks accounting system digitally.

EH Lim

Jul 14, 20221 min read

How to sort two columns?

To sort two columns in the MoneyWorks accounting list: sort the minor column first and follow by the major.

EH Lim

Jun 20, 20222 min read

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

EH Lim

Mar 4, 20222 min read

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.

EH Lim

Jan 28, 20222 min read

Stocktaking

Stocktake is part of the financial year-end closing. Start the stocktake process before your long holiday break. Happy new year!

EH Lim

Dec 28, 20212 min read

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.

EH Lim

Nov 29, 20212 min read

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.

EH Lim

Nov 9, 20211 min read

Product costing

Product costing gets complicated when involving landing costs.

EH Lim

Oct 6, 20213 min read