Payment Terms

Software: MoneyWorks accounting software The payment term of the debtor is set in the “Pricing & Terms” tab of the Name profile. You can select either “Next Month” or “Within Days” from the Terms drop down list at the Debtor Control section. Next, enter the number of days in the field box provided next to […]

Read More

The Credit Card

Software: MoneyWorks accounting software You bought a Computer, $1,800.00 before GST, for the company from a retail store with your credit card. How are you going to record this amount owing to you and the fixed asset in your MoneyWorks accounting software? The Credit Card account. You need to add a new Bank account type […]

Read More

Edit GST amount in Sales Invoice

Software: MoneyWorks accounting software There are two methods of computing the GST amount. GST can be computed in either Line Item method or a Subtotal method. Line Item method is to compute the GST amount on every line item and sum up the GST amount at the end of the Sales Invoice in the Total […]

Read More

FileMaker Go: a fast way to make MoneyWorks Mobile apps

Software: MoneyWorks accounting software FileMaker Go Need an end-to-end turnkey solution on FileMaker? FileMaker Pro, with its direct integration into MoneyWorks at the desktop level, has for many years been a popular way for developing and creating customised front-ends for MoneyWorks. Now FileMaker Go, the mobile version (for iPad and iPhone) offers a quick solution […]

Read More

Year End Closing

Software: MoneyWorks accounting software To-Do list for Year-End-Closing: Accrual Prepayment Depreciation Provision Stock take Stock Adjustment Stock Reports (MUST PRINT) Bank Reconciliation Home Currency Adjustment Financial Reporting Backup Lock your period To some accountant closing the book can be a tedious accounting process and to request your sales team to stop issuing sales invoices while […]

Read More

MoneyWorks Datacentre 6.1.3 Update

The MoneyWorks 6.1.3 Datacentre update is now available as part of your software maintenance. To install the update, having ensured that no-one is using MoneyWorks, start the MoneyWorks Datacentre Console application on your Datacentre server and click the Check Now button (which is on the Update tab). For a complete list of changes, please view […]

Read More