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Why Changing Your Financial Period Names Isn't as Simple as It Sounds
You're looking at a January invoice from 2015, but your accounting system now shows it filed under 'October.' The dates are correct, but something seems off.
EH Lim
Jul 33 min read


新年快乐
May the Year of the Snake bring endless opportunities, growth, prosperity, and good health.
Gong Xi Fa Cai
EH Lim
Jan 241 min read


Happy Easter!
May you enjoy this day surrounded by friends, family, and love!
EH Lim
Mar 30, 20240 min read


新年快乐
Happy Lunar New Year!
恭祝大家
新年快乐
万事如意
EH Lim
Feb 5, 20241 min read


How to record a payroll entry?
Although the accounting system does not compute payroll, you still have to update the monthly payroll to the ledger
EH Lim
Apr 8, 20223 min read


GST on imported goods
The Customs (or the forwarder may pay on your half) will impose the GST on the imported goods when goods arrived in Singapore.
EH Lim
Mar 30, 20211 min read


Error correction
It does not delete when you cancel a transaction; instead, it creates a reverse entry to correct it and forms an audit trail for the account
EH Lim
Feb 26, 20211 min read


New year, new sequence number!
The invoice reference number is auto-generated if you are using a computerised accounting system.
EH Lim
Jan 11, 20211 min read


How to use the contra feature in MoneyWorks accounting system?
A contra, in MoneyWorks accounting system, is to knock off the credit note of the same customer or supplier with their invoice.
EH Lim
Sep 29, 20201 min read


Work with lists
MoneyWorks accounting system uses lists to present the information. Simple and easy.
EH Lim
Sep 24, 20201 min read
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