Cognito had released MoneyWorks Datacentre 7 last month, and are delighted to announce that MoneyWorks 7 is now available for Gold, Express and Cashbook users. With many significant new capabilities, and extensive work “under the hood”, MoneyWorks 7 is both faster and easier to use. Datacentre users in particular have received a dramatic performance boost. […]

Software: Reckon Accounts 2013 “No Company Open” window not found! QuickBooks user used to have a “No Company Open” window when they launched the QuickBooks program without any company file opened. This “No Company Open” window contains a list of recently opened company files and functions where they can “Create a new company” and “Open […]

Software: MoneyWorks accounting software The default payment term of the debtor is set in the Name profile of the debtor (under Pricing & Terms tab | Debtor Control section | Terms field). Assuming you have set the payment term of the debtor as “Within Days” and “30” days following (that is 30 days payment terms). […]

Software: MoneyWorks accounting software When purchasing a motor vehicle, often we made a down payment (deposit) and arrange the balances with a car loan. Assuming you purchase a motor vehicle at S$80,000.00 (S$85,600.00 with GST) and you paid S$10,000.00 as a down payment and take a loan for the remaining amount. Use the Purchase Invoice […]

MoneyWorks version 7 … Coming soon! The initial release will be for Datacentre users only. The user will be informed of the upgrade, new serial numbers and the download links. The Datacentre upgrade is covered under the software maintenance program. For Gold, Express and Cashbook user please contact us for the upgrade detail.

Software: QuickBooks accounting software Assuming the company is giving an interest free loan of $10,000.00 to “Staff A” and will deduct $500.00 monthly from his salary as a repayment for 20 months. Before recording this transaction into QuickBooks, first you need to setup the Staff Loan account as an Other Current Asset type of account. […]