Software: MoneyWorks accounting software You should do your regular backup. Backup is important as in the event when your data file damaged you can restore it back from your backup. When backing up your MoneyWorks data file, you have an option to just back up your data file or together with your “Custom Plugins” folder. […]

Software: QuickBooks accounting software When exporting list reports (such as General Ledger report), by default, there will be a space between the column (blank column). You may want these “space” between the column to be removed when exporting your report into Excel so to submit it to your HQ or to use it with your […]

Software: MoneyWorks accounting software WIKIPEDIA: A bad debt is an amount owed to a business or individual that is written off by the creditor as a loss (and classified as an expense) because the debt cannot be collected and all reasonable efforts to collect it have been exhausted. Assuming you have an outstanding Sales Invoice […]

Software: QuickBooks accounting software In the List report, such as General Ledger report, you may see some transactions labelled as -SPLIT- under the Split column. What does “Split” mean? Split means that there are more than one GL accounts associated with the transaction. For example, a cheque transaction for Rent expense account with GST associated […]

Software: QuickBooks accounting software To view those paid sales invoices by Rep (Salesperson), you can use the Sales by Rep Detail report with a little modification to show the Paid column. From the Sales by Rep Detail report, click the Customize Report button, and check the Paid field from the Columns section of the Display […]

Software: QuickBooks accounting software Some User may like to have both Trade Debtors and Other Debtors accounts in the Balance Sheet report rather than having an Accounts Receivable account that capturing both types of debtor account. To manage both Trade and Other Debtors, you can add a new Accounts Receivable type of account and name […]