Cognito has released the update 8.1.9 for MoneyWorks accounting software. This update enhanced the performance and bug fixes for the software. Now, the user allows importing one payment for more than 255 invoices, which this was previously limited. The full change history is available at Cognito website. Book a free demo here if you consider switching over to MoneyWorks accounting system. #Updates #MoneyWorksAccountingSingapore

Cognito has released an update patch 8.1.8r2 resolving an incorrect calculation of the discounted price via price levels D, E, and F on the sales transactions. Please visit Cognito website for the change history of version 8.1.8. #Updates #MoneyWorksAccountingSingapore

Cognito has released MoneyWorks accounting software version 8.1.8 update. You require to have MoneyWorks version 8.1.8 if you plan to install macOS Catalina. For Datacentre to work on macOS Catalina, you have to give full disk access to the MoneyWorks Datacentre Console. More information on installing MoneyWorks on macOS Catalina and the change history of version 8.1.8 is available at Cognito website. #Updates #MoneyWorksAccountingSingapore

Product code is a unique number (or alphanumeric) use to identify an item. The unique product code for reselling a product can be different from ordering from the supplier, the supplier code. For example, you own a retail shop selling Television. You sell various brands and models which purchase from multiple manufacturers and distributors. To keep a searchable inventory list, you may create the product code such as: ABrand32LEDTV ABrand43LEDTV ABrand52LEDTV BBrand32LEDTV

You can use the cost of goods sold or an expense account as a dummy account in the account tab of a payment transaction to record the GST pa

The recurring feature helps reduce the tedious accounting task such as recurrent rent, payroll, depreciation, accruals, invoices for subscri

An easy way of tracking the funding is using the job feature in MoneyWorks, create a job code for each funding and tag it to a 'client&#

A stocktake is a physical count of your inventoried items and is necessary on a periodic basis, no matter how careful you are, the actual st

For a non-profit organisation such as charities and schools may use job tagging feature to track project like upgrading facilities or social

Insert an asterisk (*) item as a note to a sales invoice, it could be delivery information for the driver, project information which you wan

By default, MoneyWorks product name and page number print at the report footer when the print page option has selected during printing, such

It may be more appropriate to show the currency name instead of the currency code when converting the invoice total in English. That is, pri

MoneyWorks accounting system has a powerful report writer built-in which allow the user to create a custom report or use the analysis functi

It's essential for the job or project-based businesses to measure job profitability. It gives the business owner a breakdown of the job-

The recurring transaction is a transaction having the same accounting information which records into the accounting system on a periodical b

MoneyWorks is a back-end accounting system which helps to manage your business finance. You can create recurring invoices for those customer

A barcode helps to ease the operation and omit error when entering a sales or purchase invoice into MoneyWorks accounting system.

Rental and loan businesses or services and maintenance businesses usually required to invoice their client in advance. These businesses incl

You get an error if you try running an older version of MoneyWorks accounting software on a new macOS Mojave, you should upgrade the softwar

The cost of sales of an inventory item in MoneyWorks accounting system realised when the product sold, whereas the non-inventory item realis