Software: QuickBooks accounting software (Reckon version) Why the GST information shown in the Description column of the Sales Invoice? Can I remove it? This problem is due to the Tax Total field is not set to print on the Sales Invoice. You may edit your invoice template, click the Additional Customisation button, go to the […]

Software: MoneyWorks accounting software MoneyWorks is accounting software. It does not have a built in Fixed Asset module, which tracks the purchase and allocation of asset, neither it has a depreciation calculator that tracks the monthly or yearly depreciation of its useful life. The workaround method that you may consider using to track the purchases […]

Software: MoneyWorks accounting software The payment term of the debtor is set in the “Pricing & Terms” tab of the Name profile. You can select either “Next Month” or “Within Days” from the Terms drop down list at the Debtor Control section. Next, enter the number of days in the field box provided next to […]

Software: Reckon QuickBooks accounting software In the QuickBooks Financial Report such as Profit & Loss or Balance Sheet report, you will see an “Accrual Basis” printed on the top left corner. Some user may like to remove it. To remove the “Accrual Basis” label from your report header simply clicks the Modify Report button, which […]

Software: MoneyWorks accounting software You bought a Computer, $1,800.00 before GST, for the company from a retail store with your credit card. How are you going to record this amount owing to you and the fixed asset in your MoneyWorks accounting software? The Credit Card account. You need to add a new Bank account type […]

Software: MoneyWorks accounting software The MoneyWorks accounting software doesn’t have a Payroll module built in. To record the Salary payment to your staff you may consider using the Payment transaction. Assuming you have an employee with a salary of $2,000.00, the CPF employee is at 20% and CPF employer is at 17%. On top of […]