Software: MoneyWorks accounting software MoneyWorks is accounting software. It does not have a built in Fixed Asset module, which tracks the purchase and allocation of asset, neither it has a depreciation calculator that tracks the monthly or yearly depreciation of its useful life. The workaround method that you may consider using to track the purchases […]

Software: MoneyWorks accounting software The payment term of the debtor is set in the “Pricing & Terms” tab of the Name profile. You can select either “Next Month” or “Within Days” from the Terms drop down list at the Debtor Control section. Next, enter the number of days in the field box provided next to […]

Software: Reckon QuickBooks accounting software In the QuickBooks Financial Report such as Profit & Loss or Balance Sheet report, you will see an “Accrual Basis” printed on the top left corner. Some user may like to remove it. To remove the “Accrual Basis” label from your report header simply clicks the Modify Report button, which […]

Software: MoneyWorks accounting software The MoneyWorks accounting software doesn’t have a Payroll module built in. To record the Salary payment to your staff you may consider using the Payment transaction. Assuming you have an employee with a salary of $2,000.00, the CPF employee is at 20% and CPF employer is at 17%. On top of […]

Software: MoneyWorks accounting software There are two methods of computing the GST amount. GST can be computed in either Line Item method or a Subtotal method. Line Item method is to compute the GST amount on every line item and sum up the GST amount at the end of the Sales Invoice in the Total […]

Software: MoneyWorks accounting software FileMaker Go Need an end-to-end turnkey solution on FileMaker? FileMaker Pro, with its direct integration into MoneyWorks at the desktop level, has for many years been a popular way for developing and creating customised front-ends for MoneyWorks. Now FileMaker Go, the mobile version (for iPad and iPhone) offers a quick solution […]