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EH Lim
May 5, 20212 min read
Manage non-profit organisation's programs with the Job feature
You can use the job feature in MoneyWorks accounting system to track the projects and programs for the non-profit organisation.
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EH Lim
Feb 26, 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
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EH Lim
Feb 2, 20211 min read
Cancel Transaction
Posting is a fraud control feature in MoneyWorks to prevent editing once the account has finalised. You cannot modify once posted...
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EH Lim
Sep 29, 20201 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.
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EH Lim
Sep 24, 20201 min read
Work with lists
MoneyWorks accounting system uses lists to present the information. Simple and easy.
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EH Lim
Sep 18, 20202 min read
Shall I set up the inter-company receivable as an account receivable type?
Renamed the accounts receivable to trade debtors (or trade receivable) if you prefer to separate trade from non-trade...
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EH Lim
Sep 2, 20202 min read
POS receipt
MoneyWorks is not a POS, but that doesn't stop the user from using the receipt feature, occasionally, recording cash sales transaction.
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EH Lim
Sep 1, 20201 min read
Offset a foreign currency credit note with a local currency invoice
If both invoice and credit note is in a different currency, then have to consider using a contra account to clear them instead.
101 views0 comments
EH Lim
Aug 26, 20202 min read
Journals
The computerised accounting system has eliminated most of the tedious double-entry work.
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EH Lim
Aug 20, 20202 min read
Sequential number
Sequential number (a.k.a reference number or document number) is a number on each accounting transaction. It has to be unique.
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EH Lim
Aug 18, 20201 min read
Importing quotes and orders into MoneyWorks
The data has to be in rows and columns (like CSV), usually exported from a quotation or a CRM system, to import into an accounting system.
77 views0 comments
EH Lim
Aug 14, 20202 min read
Go Digital
Coronavirus pandemic has sent a shockwave to small businesses. It changes how we used to work.
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EH Lim
Aug 12, 20201 min read
MoneyWorks 8.2.3 update
Cognito has released MoneyWorks update version 8.2.3.
There are features improved and bug fixes in this update. Check out the full change h
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EH Lim
Aug 4, 20202 min read
Lock the period
You lock the crossover period to prevent data wrongly entered or removed after you have migrated to MoneyWorks.
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EH Lim
Jul 30, 20202 min read
Start a MoneyWorks trial
Venture into a new piece of software is not going to be easy for you or your team. Different businesses, or even those in the same industry,
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EH Lim
Jul 22, 20201 min read
Output to Clipboard
Output to Numbers and Excel are available in MoneyWorks. However, you may use the clipboard method if you are using Google Sheet.
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EH Lim
Jul 14, 20202 min read
Import customer and supplier list
The name table is part of the accounting software, stores the customer and supplier, which then used in generating orders and invoices.
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EH Lim
Jul 8, 20202 min read
Exchange Rate
Currency revaluation process converts the balances in the foreign currency-denominated account to the reporting currency.
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EH Lim
Jun 30, 20201 min read
Change password
Password is a 'key' allowing you to access to a place, or in our case is the database. Password is confidential and should not be shared.
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EH Lim
Jun 23, 20201 min read
Company Logo
Email official document in PDF instead of the traditional print, stamp, sign, and mail method is a norm as work from home is widely adopted.
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