Advance Payment to Supplier

Software: MoneyWorks accounting software For those users who use the Purchase Order function in MoneyWorks, can select “Pay Deposit for Order” during process of Purchase Order to pay a deposit (advance payment) to your supplier. As for those users who didn’t use Purchase Order function can consider to use the Payment method to pay a […]

Read More

IRAS IAF Step-By-Step Guide

Software: MoneyWorks accounting software IRAS IAF Step-By-Step Guide for MoneyWorks accounting software.

Read More

What is an Accountant Copy?

Software: MoneyWorks accounting software At Cognito’s web site (http://www.cognito.co.nz/ ) it stated: Free for your Accountant Register your copy of MoneyWorks 6 and we will send your accountant a free copy to use with your accounts, so that they can provide you with the best service possible. What is an Accountant Copy? An Accountant Copy […]

Read More

Landing cost

Software: MoneyWorks accounting software Landing cost are the costs incurred in transporting an item from the place of purchase to your premises. These might be including freight, insurance, duties and more. –          Page G-248 of MoneyWorks User Guide Landing cost item is not a stock item; hence, if you used it in the Purchase Order […]

Read More

Asterisk ( * ) before an item

Software: MoneyWorks accounting software You can create a memo item in MoneyWorks to capture long project descriptions or shipping details. Simply add an asterisk before your item code (example: *Remarks), and you can hide this Asterisk item from printing at the quantity, Item Code, Price, etc. column of your invoice template. Usually, I will create […]

Read More

Rental deposit

Software: MoneyWorks accounting software When you rent an office space for your business, usually, you will be required to pay a rental deposit of 2 or 3 months of the monthly rental. To record this transaction, first you need to create a new Rental Deposit account under the current Assets account type of account. Refundable […]

Read More