Sales pitch and marketing gimmick aside, is there really such a thing as the best accounting software? Short answer: no. There’s no single “best” — only a system that’s better suited to your business than the alternatives. This article will help you figure out which one that is.

MoneyWorks version 9.1.3 Cognito has released the 9.1.3 update for MoneyWorks accounting software. Important notice: macOS Sierra users MoneyWorks v9.1.3 drops support for macOS Sierra (10.12).You MUST update your macOS before updating MoneyWorks if you are still running macOS Sierra. MoneyWorks 9.1.3 will NOT install on macOS Sierra. Please refer to the MoneyWorks system requirement […]

Besides the GST rate changed from 7 to 8% as of Jan 2023, the new MoneyWorks 9.1.1 release also incorporated the new requirement for GST reporting (please refer to the Singapore GST Changes and MoneyWorks). You may refer to Cognito’s document or a blog post from Solarsys on changing GST rates in MoneyWorks. MoneyWorks 9.1.1 […]

Cognito has released the MoneyWorks updates version 9.1

This update resolved some of the issues and added a few new features, such as a date picker allowing the user to pick the date from a pop-up calendar and supporting batch/serial number tracking when building a product…

Posting is a fraud control feature in MoneyWorks to prevent editing once the account has finalised. You cannot modify the transaction once posted. However, you can use the Cancel Transaction feature (from the Command menu) to correct the error.

The official document (e.g. Invoice, Credit Note, or Purchase Order) reference number must be unique and sequential.