Currency revaluation process converts the balances in the foreign currency-denominated account to the reporting currency, and journal the differences to the exchange account.

Small businesses may not have the luxury for a warehouse automation system, depending on the business requirement, but a batch picking list does help in productivity.

Follow the safe workplace measure, QuickBooks and MoneyWorks accounting software demo will conduct over the web.

Cognito has released MoneyWorks Now update version 8.2.1. This update mainly fixed general bugs found in the previous version (change history is available at Cognito website).

A deposit received is a part payment from the customer to the business for goods and service which not yet fulfilled.

JSS (Job Support Scheme) is a cash grant given by the government to offset part of the local employee wage costs during the outbreak of COVID-19. If you are using MoneyWorks accounting software: There are two income account types (Sales and Income) in MoneyWorks. The Sales account type is a trading income, whereas the Income […]