We wish all a happy holiday.

Happy Birthday Singapore! #OneNationTogether

Cognito has released version 8.0.6 update for MoneyWorks accounting software.

Cognito has released MoneyWorks v8.0.5 update. Besides bug fixed, the Product Inventory tab displays quantities by location and “Show Value” option has added to the Stock by Location report.

It fixed the issues of running an Analysis report on the server for opening in Excel, accountant export format, etc…

The Accounts Payable is part of the Current Liabilities, which is a ‘Control’ accounts capturing all the bills and payments related to Vendors, whereas the Vendor Balance Detail Report is like a sub-ledger, sum up the transactions by each vendor.