How to record JSS (Job Support Scheme) payout?

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 […]

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How to import a product list?

Software: MonwyWorks accounting software When migrating from one accounting software to another, you have an option of manually entering the product into the new system or import the list if you have lots of products. Before import, do some housekeeping by removing those unwanted or duplicated products from the old system. The import file (spreadsheet) […]

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Page numbering

Software: MoneyWorks accounting software The Page is a page numbering field in MoneyWorks form designer which you can insert into the form (template) such as invoice or purchase order. Page numbering is a sequential number applied on a document (or book). Add a calculation box into the template, then add the page field into the […]

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Receive deposit for orders

Software: MoneyWorks accounting software A Sales Order (a.k.a. Sales Confirmation Order) issued from the seller to the buyer upon receiving the purchase order. It shows the products and services, the payment terms and delivery detail, etc.; which also sometimes use it to collect a deposit from the buyer. To use the sales order for collecting […]

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Accruals and prepayment

Accrual is a provision made at the end of the financial year (or month-end closing) for the work done but not yet invoiced. The audit fee is an accrued expense which a provision has to make for the current year audit work, although the invoice will only receive on the following year. You can use […]

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QuickBook and MoneywWorks technical support during COVID-19 Circuit Breaker period

During COVID-19 Circuit Breaker period, from 7 April till 4 May 2020 (inclusive), our team will follow government safe distancing measure working from home. Please fill up the contact us form if you have an enquiry or require technical support during this period; we will contact you as soon as possible. Stay safe and healthy. […]

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