Can I upgrade the older Reckon QuickBooks, Reckon Accounts, or QuickBooks Asia to the latest version?

Yes, you can upgrade your Reckon QuickBooks accounting software, but you may have to get a Reckon Accounts consultant to step by step migrate your company file to the newer version if yours is too far behind.

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Change of GST rate in QuickBooks Desktop from 7% to 8%

GST 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.

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MoneyWorks Now v8.2.1 update

Cognito has released MoneyWorks Now update version 8.2.1. This update mainly fixed general bugs found in the previous version (change history is available at Cognito website).

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Product Code and Supplier’s Code

Software: MoneyWorks accounting software Product code is a unique number (or alphanumeric) use to identify an item. The unique product code for reselling a product can be different from ordering from the supplier, the supplier code. For example, you own a retail shop selling Television. You sell various brands and models which purchase from multiple […]

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Multiple Branches

Software: MoneyWorks accounting software You may have customers that have multiple branches which require you to invoice and deliver goods to the outlets but send a consolidated statement to the HQ at the month-end. First, have the debtor setup with same company name but a different delivery to address in MoneyWorks accounting system. Then, add […]

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Auto reverse journal

The recurring feature helps reduce the tedious accounting task such as recurrent rent, payroll, depreciation, accruals, invoices for subscription and school fee; or use it as a reversal entry for prepayment or work-in-progress (WIP), etc.

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