Software: MoneyWorks accounting software 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 date printed on the MoneyWorks report shown as MM/DD/YY (example: 7/14/15). MoneyWorks follows the date format set on the computer. The difference between the desktop and the reporting […]

Software: MoneyWorks Accounting software The “Find Selected” function allows user to filter a group of records, which was randomly selected from a transaction list. Highlight those wanted transactions, then use the “Find Selected” function from the “Select” menu to shortlist the highlighted records. Next, click on the column header of the preferred field (such as […]

Software: MoneyWorks accounting software 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 is a current liability, which you need to pay to the government at the end of the GST cycle. Whereas the tax paid (Input) during the purchase of goods and services […]

Malaysia will be implementing GST by April 2015, here are some useful GST information from the Royal Malaysian Customs Department: About GST Why GST? How does GST work? GST Impact Shoppers Guide   #MalaysiaGST  

Software: MoneyWorks accounting software If you have been using the MoneyWorks accounting software before the localisation of “Malaysia GST”, you can change the setting from the “Document Preferences”. From the “Edit” menu, select the “Document Preferences”, then change the “Localisation” setting at the “Locale/Currency” tab. After localisation had changed to [Malaysia G.S.T.], both the “GST-03 Guide (Malaysia)” and “GST […]