Software: MoneyWorks accounting software What are the transactions involved in receiving foreign currency amount of an invoice into a base currency bank account? Assuming we have a Sales invoice of USD 10, 000.00 at an exchange rate of SGD1 : USD0.8. Then, we received this amount, USD 10,000.00 and banked into our SGD bank account […]

Software: MoneyWorks accounting software One of the Key components in IRAS Audit File IAF (Singapore) report is your Company detail, which consist of both GST and UEN number During setting up of company file you can input both GST (VAT#) and UEN (Co. Reg #) number in the setup wizard. However, if you had forgotten […]