Blog | Moneyworks Accounting Software - Singapore

Prompt Payment Discount (Sales Discount)

EH Lim

Jun 28, 20161 min read

Prompt Payment Discount (Sales Discount)

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

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EH Lim

Jun 20, 20161 min read

Pro Forma Invoice (Proforma Invoice)

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...

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EH Lim

Jun 17, 20161 min read

Use an assembly item to bundle products

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

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EH Lim

Jun 13, 20162 min read

Departmental Profit and Loss Report

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

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EH Lim

Jun 10, 20161 min read

MoneyWorks accounting software version 7.3.7 update

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

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Quantity price breaks on additional units only

EH Lim

Jun 7, 20162 min read

Quantity price breaks on additional units only

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...

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EH Lim

Jun 1, 20161 min read

What causes a large PDF file size?

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...

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How to print a payment voucher from MoneyWorks accounting software?

EH Lim

May 30, 20161 min read

How to print a payment voucher from MoneyWorks accounting software?

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

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Set up the quantity price break for the product items in MoneyWorks accounting software

EH Lim

May 27, 20161 min read

Set up the quantity price break for the product items in MoneyWorks accounting software

Quantity Price Breaks The A and B price levels can also have up to five different price levels dependent upon the quantity purchased....

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How does the auto backup work in MoneyWorks accounting software?

EH Lim

May 23, 20162 min read

How does the auto backup work in MoneyWorks accounting software?

MoneyWorks Datacentre does auto backup the company file (data file). The backup and archive path are both set in the MoneyWorks...

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How to insert the discounted amount into an invoice template of the MoneyWorks accounting software?

EH Lim

May 20, 20162 min read

How to insert the discounted amount into an invoice template of the MoneyWorks accounting software?

In our previous post, we discussed how to record a trade discount given to a customer in the MoneyWorks Sales Invoice transaction. We...

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How to record a trade discount on MoneyWorks accounting software?

EH Lim

May 19, 20161 min read

How to record a trade discount on MoneyWorks accounting software?

A Trade Discount is a discount given at the point of purchase. It reduces the list price as to encourage bulk purchase. In MoneyWorks,...

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Reclassifying a foreign currency account after revaluation of currency have done in MoneyWorks accou

EH Lim

May 16, 20162 min read

Reclassifying a foreign currency account after revaluation of currency have done in MoneyWorks accou

You recorded a foreign currency Term Deposit of US$100,000.00 with a period exchange rate of 0.72USD:1SGD. When the exchange rate has...

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EH Lim

May 10, 20161 min read

Daylite CRM integrated with the MoneyWorks accounting software

Daylite CRM runs on a Mac operating systems. It integrates with the MoneyWorks accounting software via a connector. Daylite CRM helps...

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The Aged Receivable report in MoneyWorks accounting software

EH Lim

May 5, 20161 min read

The Aged Receivable report in MoneyWorks accounting software

The aged receivables report (not Cashbook) provides a summary of outstanding sales invoices by age of invoice. The report can base the...

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How to use the Account Enquiries in MoneyWorks accounting software?

EH Lim

May 3, 20161 min read

How to use the Account Enquiries in MoneyWorks accounting software?

Enquiries can be made about the balances in an account or a range of accounts—or the transactions in unpurged periods for an account. —...

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How to use the Related function in MoneyWorks accounting software?

EH Lim

Apr 28, 20162 min read

How to use the Related function in MoneyWorks accounting software?

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

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EH Lim

Apr 18, 20162 min read

Invoice Reference Number

The default Sales Invoice template, such as the Product Invoice 1, in MoneyWorks prints the Sales Invoice reference number after the Tax...

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EH Lim

Apr 14, 20161 min read

MoneyWorks updates v7.3.6r1

Cognito has released has released a new update -- v7.3.6r1 The Change History is available at Cognito website. #updates...

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EH Lim

Apr 12, 20161 min read

Moving your MoneyWorks to a new computer

The PIC (Productivity and Innovation Credit Scheme) introduced by the Singapore government helps the SMEs acquire new IT infrastructure...

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