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Inventory cost adjustment
The cost of sales of an inventory item in MoneyWorks accounting system realised when the product sold, whereas the non-inventory item realis
EH Lim
Oct 17, 20183 min read
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How to update the address and company logo in MoneyWorks accounting software?
You can change the company address or delivery address in MoneyWorks accounting system when you have moved to a new location, or update the
EH Lim
Oct 16, 20181 min read
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Non-Current Liabilities account
Non-Current Liabilities are financial obligations which the repayment is not within the fiscal year. It includes long-term loan, deferred ta
EH Lim
Oct 15, 20181 min read
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How to hide cancelled entries from the transaction list in MoneyWorks accounting solution?
MoneyWorks accounting system created a reversed sales invoice instead of removing it from the sales invoice list once you 'cancelled'
EH Lim
Oct 11, 20181 min read
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Overpayment received in foreign currency
You get an error of 'Receipt amount exceeds amounts allocated to invoices' when try applying an overpayment to a foreign currency in
EH Lim
Sep 21, 20181 min read
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Unknown fund received
How to record an unknown fund received in MoneyWorks accounting system?
EH Lim
Sep 20, 20181 min read
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Go paperless
MoneyWorks accounting system lightens the accountant workload, reduces the expense claim process, and gear up small businesses toward a pape
EH Lim
Sep 17, 20181 min read
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How to show the cost price of a product in the item list?
By default, the CostPrice field is not in the item list. To have it in the item list, you need to add it from the Customise List View (under
EH Lim
Aug 27, 20181 min read
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MoneyWorks update 8.1.4r1
Cognito has released a minor update (bug fix) version 8.1.4r1. Please view the change history from Cognito website....
EH Lim
Aug 27, 20181 min read
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Advances received from a foreign currency customer
You get a warning message 'Receipt amount exceeds amounts allocated to invoices' when trying to apply an overpayment to a foreign cu
EH Lim
Aug 24, 20183 min read
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MoneyWorks updates v8.1.4
This update introduced features, bug fixed, improve performance, and update of the Singapore Customer Accounting reports and default tax cod
EH Lim
Aug 23, 20181 min read
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Advance payment to the supplier
Advance payment to the supplier (without using the purchase order process) is quite similar to the advances received from a customer...
EH Lim
Aug 2, 20182 min read
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Currency description and currency code on sales invoice template
It is good to indicate the currency used on the Sales Invoice to omit discrepancy.
EH Lim
Jul 25, 20181 min read
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Specify the currency conversion rate
GST register trader who supplies goods in foreign currency instead of Singapore dollar has to indicate the Singapore dollar equivalent...
EH Lim
Jan 30, 20182 min read
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Financial year-end closing
Financial Year (aka Fiscal Year) consist of financial periods used to calculate annual income statement for businesses. If you are...
EH Lim
Dec 21, 20161 min read
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Discountable
Turned off the Discountable option in an account if you do not want an invoice line coded with the account to be eligible for prompt...
EH Lim
Dec 19, 20161 min read
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The Fixed Assets
When purchasing an asset in foreign currency, you need not convert manually into a home currency value before recording it into the...
EH Lim
Nov 28, 20161 min read
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Accounting Journals
How to print a journal transaction from MoneyWorks accounting software? You cannot find the print icon in the Journal transaction as the...
EH Lim
Nov 9, 20161 min read
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MoneyWorks accounting software update v7.3.8
MoneyWorks update v7.3.8 is now available. This update is about bug fixes and improvements, click here to view the change history....
EH Lim
Nov 4, 20161 min read
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Happy Deepavali
#greeting #Macaccountingsoftware
EH Lim
Oct 28, 20161 min read
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