Software: Intuit QuickBooks #accounting software Some retailer or wholesaler may convert the existing inventory into a demo equipment for the showroom or as a loan set for testing. Your accountant may classify a demo equipment as a fixed asset aka non-current asset if the expenditure qualifies (Please check with your accountant if you have doubt […]

Software: MoneyWorks #accounting software A large Portable Document Format (PDF) size of a Sales Invoice or Purchase Order form could be due to the embedded images such as the logo or promotional banner. You may do a simple test by removing the images from the form before printing to a PDF format, consider changing the […]

Software: MoneyWorks #accounting software Open the payment transaction, click the Print icon and follow by the OK button, to print a payment voucher. The payment voucher is using the Cheque/Remittance Advice form designer to create, which has a *.remt extension. The cheque specific fields such as payment reference number, payment date, and payee can be […]

Software: MoneyWorks #accounting software Quantity Price Breaks The A and B price levels can also have up to five different price levels dependent upon the quantity purchased. This is activated by turning on the Quantity Price Breaks option. — MoneyWorks v7 User Guide page G-239 If your company has a volume discount policy for bulk […]

Software: #QuickBooks #accounting software A cooperative advertising is a sharing of advertising cost between you, the reseller, and the supplier (either the manufacturer or the wholesaler). Some businesses may call this as a marketing fund. Record the bill from the advertising company with the Advertising and Promotion expense account. You have to select the supplier […]

Sofware: MoneyWorks #accounting software MoneyWorks Datacentre does auto backup the company file (data file). The backup and archive path are both set in the MoneyWorks Datacentre Console. The backup and archive path, by default, are set to point to local drive. You need to set the MoneyWorks Datacentre as a user who has the privileges […]