You should. It is important that you register your copy of MoneyWorks accounting software. Besides claiming ownership of the licence...

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...

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BACKUP! BACKUP! How many users backup their databases daily? Backup is an important task, which user should do it daily, but often been...

In a multiple currencies environment, every name (customer or supplier) has tagged a currency. For example, if you trade with the...

The MoneyWorks Datacentre Console has to install in a Server (or a Workstation which act as a Sever) and host the MoneyWorks company...

The default invoice template from the MoneyWorks accounting software is set to have a bottom alignment for the Price (unit price) and the...

A supplier may request a deposit or an advance payment when you place an order if you do not have a credit payment term arranged. The...

In the MoneyWorks general ledger, a foreign currency account is represented as two separate amounts: the value in the foreign currency,...

The year is broken into periods. You normally have 12 periods in your financial year, each one corresponding to a calendar month. However...

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The double entry accounting consists of a debit and a credit entry. The Bookkeeper has to pass the journals and updates the ledger, which...

A Sales Discount (or Cash Discount) is a discount given at the point of payment. It encourages prompt payment and helps in cash flow...

What is a Pro Forma Invoice? A Pro Forma Invoice is not a "real invoice". It is a document states the goods or services, which you yet...

Often, the retailer creates a bundle to encourage sales, especially toward the end of the school holiday, The Great Singapore Sales or...

A department is basically a further level of breakdown in an account (in accounting parlance, a department is a subledger). Departments...

The MoneyWorks Datacentre 7.3.7 update has released. Please view the change history from the Cognito website. #Updates...

We discussed how to use the "Quantity Price Break" in our earlier post, showing you how to set up the item with up to five levels of...

A large Portable Document Format (PDF) size of a Sales Invoice or Purchase Order form could be due to the embedded images such as the...

Open the payment transaction, click the Print icon and follow by the OK button, to print a payment voucher. The payment voucher is using...