Software: QuickBooks accounting software Assuming your financial year (fiscal year)  is from Jan to Dec and you paid an insurance premium of $1,200.00 in the month of Aug 2013 for 6 month period from Aug 2013 to Jan 2014. You can use a write cheque function in QuickBooks to record this payment transaction. In the […]

Software: Intuit QuickBooks 2013 One of the great features in Intuit QuickBooks 2013 is the sub-window at the right side of the Create Invoice transaction, which shows the customer transaction summary. Once the customer is being selected from the Customer:Job field, the customer transaction summary for this customer will be automatically generated. The Customer Transaction […]

Software: MoneyWorks accounting software Assuming your base currency is in Singapore Dollar (SGD) and you have some invoices in US Dollar (USD), the Gross column of the Sales Invoice list will show as the USD amount instead of SGD. To view the Gross value of the transaction in a base currency (SGD), you can add […]

Software: MoneyWorks accounting software You should do your regular backup. Backup is important as in the event when your data file damaged you can restore it back from your backup. When backing up your MoneyWorks data file, you have an option to just back up your data file or together with your “Custom Plugins” folder. […]

Software: QuickBooks accounting software When exporting list reports (such as General Ledger report), by default, there will be a space between the column (blank column). You may want these “space” between the column to be removed when exporting your report into Excel so to submit it to your HQ or to use it with your […]

Software: MoneyWorks accounting software WIKIPEDIA: A bad debt is an amount owed to a business or individual that is written off by the creditor as a loss (and classified as an expense) because the debt cannot be collected and all reasonable efforts to collect it have been exhausted. Assuming you have an outstanding Sales Invoice […]