Software: MoneyWorks accounting software The default payment term of the debtor is set in the Name profile of the debtor (under Pricing & Terms tab | Debtor Control section | Terms field). Assuming you have set the payment term of the debtor as “Within Days” and “30” days following (that is 30 days payment terms). […]

Software: MoneyWorks accounting software When purchasing a motor vehicle, often we made a down payment (deposit) and arrange the balances with a car loan. Assuming you purchase a motor vehicle at S$80,000.00 (S$85,600.00 with GST) and you paid S$10,000.00 as a down payment and take a loan for the remaining amount. Use the Purchase Invoice […]

MoneyWorks version 7 … Coming soon! The initial release will be for Datacentre users only. The user will be informed of the upgrade, new serial numbers and the download links. The Datacentre upgrade is covered under the software maintenance program. For Gold, Express and Cashbook user please contact us for the upgrade detail.

Software: MoneyWorks accounting software Assuming your base currency is in Singapore Dollar (SGD) and you have some invoices in US Dollar (USD), the Gross column of the Sales Invoice list will show as the USD amount instead of SGD. To view the Gross value of the transaction in a base currency (SGD), you can add […]

Software: MoneyWorks accounting software You should do your regular backup. Backup is important as in the event when your data file damaged you can restore it back from your backup. When backing up your MoneyWorks data file, you have an option to just back up your data file or together with your “Custom Plugins” folder. […]

Software: MoneyWorks accounting software WIKIPEDIA: A bad debt is an amount owed to a business or individual that is written off by the creditor as a loss (and classified as an expense) because the debt cannot be collected and all reasonable efforts to collect it have been exhausted. Assuming you have an outstanding Sales Invoice […]