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...

When printing a report or form on Windows, MoneyWorks remembers the printer that it was output to, and will default to the printer the...

If adding the Transaction.PaymentMethod field (Payment Method) directly to an “Official Receipt” or “Payment Voucher” form (*.invc), you...

MoneyWorks version 7 supports Unicode. It allows user to record information and prepare invoices/reports in almost any language, includes...

Refer to MoneyWorks v7 User Guide, Page 201, “GST, VAT, Sales Tax & Tax Codes”. The GST report can be printed from the Reports menu | GST...

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...

The “Find Selected” function allows user to filter a group of records, which was randomly selected from a transaction list. Highlight...

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

Before you turn on the multiple currency feature in MoneyWorks, you should BACKUP the company file. You cannot change or remove the...

Cognito has created a multi-location plug-in for MoneyWorks. Multi-location plug-in can be downloaded from Cognito Website. The...

GST (Goods and Services Tax) is not an expense nor an income. The tax amount received (Output tax) from the supply of goods and services...

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...

MoneyWorks accounting software version 7.2 update is now available. Please view the change history here. #accountingsoftware #news...

Malaysia will be implementing GST by April 2015, here are some useful GST information from the Royal Malaysian Customs Department: About...

Assuming when cross over to MoneyWorks accounting software as at 31 December 2014, you created a stock item, P101, but forgotten to add...