Cloud-based accounting system

EH Lim

Mar 30, 20211 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

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

EH Lim

Jan 11, 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 4, 20211 min read

Happy new year!

New year, new start, new plan. It is time to set a budget for 2021; project growth and monitor the spending for a better year...

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.

EH Lim

Sep 24, 20201 min read

Work with lists

MoneyWorks accounting system uses lists to present the information. Simple and easy.