Software: MoneyWorks #accounting software The recurring transaction helps automate the data entry. For example, you may have monthly recurring general journals such as depreciation of a fixed asset or prepayment, or a maintenance contract which you invoice the customer on a monthly basis. The transaction will recur, duplicated automatically, when you open the document (the […]

Software: Intuit #QuickBooks desktop #accounting software You have to File Tax Return after the GST cycle. File Tax Return is a QuickBooks internal process, which contra the GST Input and GST Output account and transfer the balances to the Receivable or Payable account. It is not a process of filing tax with the Comptroller of […]

Software: MoneyWorks #accounting software When changing a new hardware, you are required to install MoneyWorks on the new computer and activate it. Then, move the company file(s) and the “Custom plug-ins” folder from the old computer to the new one. The “Custom plug-ins” folder contains your customised reports, script and forms such as invoice, purchase […]

Software: Intuit #QuickBooks Desktop #accounting software You can tag a Sales Rep to a Sales Invoice or a Sales Receipt transaction. The double entry behind the Sales Invoice transaction debits sales revenue and credit accounts receivable account, or credit a bank account if you are using a Sales Receipt instead. If an inventory item sold, […]

Software: MoneyWorks #accounting software Error message: Server is busy Another user (username) is performing an exclusive database operation (Add Transaction). Click OK to retry once they have finished. An issue with the network between the client computer and the server may cause the MoneyWorks client not properly disconnect from the MoneyWorks Datacentre server; hence, cause […]

Software: MoneyWorks #accounting software You should. It is important that you register your copy of MoneyWorks accounting software. Besides claiming ownership of the licence purchased, you receive regular Cognito’s MoneyWorks newsletters and notification of updates and upgrades. As a registered user, you will be informed on any bugs fixed and the tips and tricks in using […]