When crossing over to a new accounting software, often you will crossover after you have closed up the existing book. That is, to start...

In our earlier post, we discussed about how to record the outstanding sales invoices. Besides the outstanding sales invoices you are...

A new GST Form 5, v1.0.9, was included in the MoneyWorks accounting software update (v7.1.7). The new GST Form 5 includes the realized...

MoneyWorks accounting software version 7.1.8 update is now available. Please view the change history here. #news #accountingsoftware...

In our earlier post, we discussed about how to record the outstanding sales invoices. If you have a Debtor’s Credit Note outstanding as...

When crossing over from the existing accounting software to MoneyWorks accounting software, you need to record all the outstanding sales...

When print the GST report, by default, the "Show Transactions" checkbox in the print setting preferences has already been checked. This...

When printing the GST report for the last quarter, which exchange rate will the MoneyWorks accounting software be used? Transaction...

When record a purchase invoice with the stock item A1001, the Stock On Hand account is debited and the Accounts Payable account is being...

Wishes all a happy holiday! #greeting #accountingsoftware #accountingsoftwaresingapore

MoneyWorks accounting software version 7.1.7 update is now available. Please view the change history here. #accountingsoftware...

Which exchange rate should I be using? Daily exchange rate or monthly exchange rate? From the IRAS e-tax Guide “GST: Exchange Rates for...

Note: due to changes in the network protocol, MoneyWorks Gold 7.1.6 will not log in to an older server. Be sure to update servers first....

When you have multiple bank accounts and like to set a default bank account at the payment or the receipt transaction, you may do so by...

Assume your client confirmed a project with you and agree to pay a nonrefundable deposit of $10,000. The deposit will be used as a part...

Assume that you own 2 companies, CoA and CoB. You have a debtor, DebtorA, owes CoA $1,000 and CoB $2,000. Instead of making payment to...

If you need to have multiple GST codes when collecting deposits from customer or made advance payments to a supplier, then you are...

The MoneyWorks 7.1.5 Datacentre update is now available as part of your annual software maintenance. Amongst other enhancements, this...

How it works? Assume that as of 31 May you had set the exchange rate for 1SGD to 0.8000USD (sing the month end exchange rate). You...

Generally, you are required to account for output tax on the goods given to your employees or for temporary use by employees except when...