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Posting transactions
When a transaction posted, it updates the relevant accounts such as receivable and payable, stock on hand and prevents others from...
EH Lim
Oct 26, 20161 min read
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Show full names in MoneyWorks report
The analysis reports such as "Customer by Item" and "Customer Sales by Month" allow the user to print with "full name". For example, if...
EH Lim
Oct 21, 20161 min read
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Cancel Transaction or Write Off
Both "Cancel Transaction" and "Write Off" of an invoice generates a Credit Note to knock off an amount owing. So, what's the different...
EH Lim
Oct 18, 20161 min read
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Others Name Type
What’s in a Name? A name record stores contact and address information about customers and suppliers, as well as other people or...
EH Lim
Oct 11, 20161 min read
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GST-inclusive prices
The default setting of an item's unit price in MoneyWorks is Tax-exclusive. For example, if $100 is the unit price, the tax will be $7...
EH Lim
Oct 6, 20161 min read
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Show Tax column in invoice transaction
By default, MoneyWorks does not show the tax column in transactions windows such as Sales Invoice and Purchase Invoice. When recording a...
EH Lim
Sep 29, 20161 min read
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Detail.Tax or Transaction.TaxAmount?
To show the GST amount of each item sold in the invoice, you need to add a column into the template with the GST amount field. You should...
EH Lim
Sep 22, 20161 min read
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Reverse backdated exchange rate change
You can have foreign currency set in accounts such as the bank, accounts receivable and accounts payable. When there is a rate change,...
EH Lim
Sep 19, 20163 min read
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Bank Reconciliation
Bank Reconciliation is a process of matching the transactions and balances in the ledger against the Bank Statement and ensure...
EH Lim
Sep 6, 20161 min read
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Only base currency accounts are allowed
You get an error message of "Only base currency accounts are allowed" when you tried to record a payment transaction from a bank account...
EH Lim
Sep 2, 20161 min read
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Composite Tax
The three Tax Types available in MoneyWorks are G.S.T. or V.A.T., Sales Tax and Composite Tax. Different country has a different tax...
EH Lim
Aug 31, 20162 min read
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Relookup Item Price when transaction recurs
The recurring transaction helps automate the data entry. For example, you may have monthly recurring general journals such as...
EH Lim
Aug 23, 20161 min read
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Moving your MoneyWorks to a new Computer
When changing a new hardware, you are required to install MoneyWorks on the new computer and activate it. Then, move the company file(s)...
EH Lim
Aug 18, 20161 min read
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Server is busy
Error message: Server is busy Another user (username) is performing an exclusive database operation (Add Transaction). Click OK to retry...
EH Lim
Aug 16, 20161 min read
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Register your MoneyWorks accounting software
You should. It is important that you register your copy of MoneyWorks accounting software. Besides claiming ownership of the licence...
EH Lim
Aug 12, 20161 min read
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Product
What is a product? In MoneyWorks, a product is an item which you buy from the seller and resell it to your customer. If you stock it, it...
EH Lim
Aug 11, 20161 min read
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Backup
BACKUP! BACKUP! How many users backup their databases daily? Backup is an important task, which user should do it daily, but often been...
EH Lim
Aug 2, 20161 min read
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Same customer with multiple currencies
In a multiple currencies environment, every name (customer or supplier) has tagged a currency. For example, if you trade with the...
EH Lim
Aug 1, 20162 min read
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Unrecoverable Error: Network Receive Error (-1)
The MoneyWorks Datacentre Console has to install in a Server (or a Workstation which act as a Sever) and host the MoneyWorks company...
EH Lim
Jul 22, 20161 min read
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Word Wrap
The default invoice template from the MoneyWorks accounting software is set to have a bottom alignment for the Price (unit price) and the...
EH Lim
Jul 20, 20161 min read
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