Software: MoneyWorks accounting software Operate a small pharmacy is not easy as tracking of the medical drug can be a big mess to some small business owner. To get a complex medical supply tracking system can be costly to some small business owner. The business could be small, but the operation could be complex; and […]

Software: MoneyWorks (version 7) accounting software Aged Receivables/Payables: Speed improvement and fixed omit-zero-balances for retrospective case Fixed a crash when the statement importing window is left empty Fixed an accounts setup crash with the Malaysia locale on Cashbook More  

Software: MoneyWorks accounting software You can only create a journal transaction in base currency. If you want to record a bank service charge in foreign currency, you may consider to use a Payment transaction instead of a journal transaction. In the Payment transaction, select the foreign currency bank account in the “Bank” field, and select […]

Software: Intuit QuickBooks 2014 To create a new company file go to the File menu and select New Company. In the QuickBooks Setup wizard, you have an option of selecting “Express Start” or “Detailed Start”; I usually prefer to use the “Detailed Start” as it allows me to select the file location. For Singapore user, […]

Software: Intuit QuickBooks 2014 For non-multiple currencies company file, QuickBooks will follow the currency symbol set in the Regional Option of the computer; and the currency symbol will be placed before the Subtotal, Tax Total and the Total fields of the template when it is printed. When multiple currencies feature has turned on, the currency […]

 Software: Intuit QuickBooks 2014 Assuming your base currency is in Singapore dollar (SGD), when you create a sales invoice for your foreign currency customer (USD) for the amount of USD 1,000.00 with 7% rated GST (this customer is based in Singapore) at the exchange rate of 1.3000; the double entry for this transaction in Singapore […]