Software: MoneyWorks #accounting software The recurring transaction helps automate the data entry. For example, you may have monthly recurring general journals such as depreciation of a fixed asset or prepayment, or a maintenance contract which you invoice the customer on a monthly basis. The transaction will recur, duplicated automatically, when you open the document (the […]

Software: MoneyWorks accounting software During month-end closing, accountant has to prepare lots of journal entry such as accrual, prepayment, work-in-progress, deferred income, depreciation and etc. To improve your efficiency, you may consider automating some of the entries. Monthly depreciation journal is one of the entries that you can consider to automate it. Example: if you […]