Software: Intuit QuickBooks accounting software The foreign vendor, which you imported goods from, is not a GST register trader; hence they will not indicate the GST on their bill. However, when the goods arrived Singapore, you are required to pay the GST at the Custom (Sometime the forwarder may pay the GST on behalf of […]

Software: Intuit QuickBooks accounting software To simplify the data entry, by default, QuickBooks is using an Accounts Payable account to track all the Bills received. However, some accountant may prefer to separate the Sundry Creditor from the Trade Creditor when printing the Accounts Payable Ageing report. You can use the Vendor type to segregate the […]

Software: Intuit QuickBooks accounting software You may give your purchaser a sum of money to go overseas to source for new products, make payment and arrange shipment back to your country. Your purchaser is like a “walking” ATM (Automated Teller Machine), help making payment as and when required. You may create this “Purchaser” as a […]

Software: Intuit QuickBooks accounting software If you didn’t set a password during the setup of the QuickBooks company file, you may do so from the Company menu | Set Up Users and Passwords | Change your password. Enter the password in the “New Password” field and re-enter once more at the “Confirm New Password” field. […]

Software: MoneyWorks accounting software When printing reports such as General Ledger, Ledger, or Exchange Rate report you may prefer to have a landscape orientation instead of portrait orientation. The page orientation can be changed in the report setting window. Click the Printer icon in the report setting to get to the page setup window. Then, […]

Software: Intuit QuickBooks accounting software The unpresented Cheques are the cheque issued by you but have not yet appeared in the bank statement as of the crossover date. When recording the opening balance of the bank account as of the crossover date; you may record the bank statement opening balance and the unpresented cheque separately […]