Software: Reckon Accounts (formerly known as Reckon QuickBooks) The GST that has set in the Reckon QuickBooks 2007/08 or earlier version will migrate to the Reckon QuickBooks 2009/10 or latest version. However, if you tried creating a new company file in Reckon Accounts, the default GST items and code have localised to Australia. Unlike the […]

Software: #QuickBooks #accounting software It’s same, but different. Although, Intuit QuickBooks and Reckon QuickBooks (has renamed to Reckon Accounts) have a similar user-friendly navigator, the features and reports could be different. Those users who have switched from Reckon QuickBooks to Intuit QuickBooks may realize that the checkbox for “Use Undeposited Fund as a default deposited […]

Software: Reckon Accounts Reckon Australia has just launched their new desktop accounting software – Reckon Accounts 2016. Reckon Accounts, formerly known as Reckon QuickBooks, was popular in South East Asia countries like Singapore, Hong Kong and Malaysia, until a few years back when they formally ended their business relationship with Intuit, the owner/developer of Quickbooks. […]

Software: Intuit QuickBooks accounting software QuickBooks allows you to consolidate multiple Sales Orders into one Invoice. Sales Order is used to track the orders from customers, backorders, and some users may also have used the Sales Order to track the consignment goods to customers. When the customer name is being picked up in the invoice, […]

Software: Intuit QuickBooks accounting software GST Output is a liability not an income. Hence, you can’t show a Profit and Loss report with the GST amount being added to the Income account. However, you can print a Daily Sales Summary report with a Net, Tax, and Gross amount of each invoice. From the Daily Sales […]

Software: Intuit QuickBooks Desktop accounting software GST (Goods and Services Tax) is a liability not an income account, hence when you print the Sales by Customer Summary report it prints only the sales amount (excludes GST), which is correct. You may consider using the Sales by Customer Detail report instead of the Sales by Customer […]