Here’s wishing you and your family a happy and prosperous new year!
Read MoreBesides the GST rate changed from 7 to 8% as of Jan 2023, the new MoneyWorks 9.1.1 release also incorporated the new requirement for GST reporting (please refer to the Singapore GST Changes and MoneyWorks). You may refer to Cognito’s document or a blog post from Solarsys on changing GST rates in MoneyWorks. MoneyWorks 9.1.1 […]
Read MoreGST Rate Change
Although you are not getting an auto-update on the new 8% GST rate, no worries; changing the GST rate in QuickBooks Desktop is not too complicated.
Read MoreCognito has released the MoneyWorks updates version 9.1
This update resolved some of the issues and added a few new features, such as a date picker allowing the user to pick the date from a pop-up calendar and supporting batch/serial number tracking when building a product…
Read MoreThe non-GST registered overseas supplier will not be billing you GST for the goods imported, but you have to pay the GST directly to the Custom or the forwarder if they paid on your behalf.
Read More