The Find Related command allows to locate records in other lists that are related in some way to the currently highlighted records. It is...

The Bank, Accounts Receivable, and Accounts Payable account can be set with a foreign currency. Instead of creating the foreign currency...

A Validity Date of Quote helps protect the buyer and seller; the price quoted is being locked within an “x” number of days from the quote...

Most of the Chinese owned company gives "Ang Bao" (red packet) to staffs during Chinese New Year, especially on the first day they resume...

You can claim GST relief on your bad debts if you meet the conditions and requirements under the GST (General) Regulations. You can do a...

MoneyWorks is a double-entry accounting systems. When you record a transaction into MoneyWorks, it updates the relevant accounts...

Set up the transaction field with a Validation list helps to keep the field as a mandatory and maintain consistency in data entry. The...

Statement of Cash Flows report uses the Category3 field of the Balance Sheet account to separate the report into Operating (OP),...

The Innovation & Capability Voucher (ICV) is a simple to apply, easy-to-use voucher value at S$5,000, to encourage SMEs to develop their...

In financial accounting, a cash flow statement, also known as statement of cash flows, is a financial statement that shows how changes in...

The MoneyWorks standard forms and reports are kept in the Standard Plug-ins folder, whereas those customised forms and reports are kept...

Some of the MoneyWorks users, who are using the older Window Operating Systems, may realise that after updating to version 7.3, the...

In our previous post, we discussed about the aged receivable. A transaction needs to be posted before it updates the general ledger. So,...

The transactions, which are recorded in MoneyWorks needs to be posted before it updates the general ledger (GL). Therefore, the aged...

The GST paid on behalf of your customer to the Custom for the goods imported (usually happened in logistic business) are not your...

The “Date” show on your Window Desktop (lower right corner of the desktop) is formatted as DD/MMM/YYYY (example: 12 June, 2015), but the...

MoneyWorks allows user to do a batch process of multiple orders to invoices. That is, if you have multiple Sales Order and would like to...

Overpayment: When payment received from a debtor is greater than the amount owed. Assume you have an outstanding Sales Invoice of...

Software: MoneyWorks version 7 accounting software When creating a Product item in MoneyWorks accounting software, you have an option of...

Software: MoneyWorks v7 accounting software After verified the tax code (GST code) and tax rate (GST rate) are correct, you need to...