May the Year of the Snake bring endless opportunities, growth, prosperity, and good health. Gong Xi Fa Cai

May you enjoy this day surrounded by friends, family, and love!

Happy Lunar New Year! 恭祝大家 新年快乐 万事如意

Although the accounting system does not compute payroll, you still have to update the monthly payroll to the ledger

The Customs (or the forwarder may pay on your half) will impose the GST on the imported goods when goods arrived in Singapore.

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

The invoice reference number is auto-generated if you are using a computerised accounting system.

A contra, in MoneyWorks accounting system, is to knock off the credit note of the same customer or supplier with their invoice.

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