Software: QuickBooks Desktop accounting software A template is a preset document; a document with your company logo, fields and align according to your business requirement. You can customise template such as invoice, credit note, sales order, etc. from the template wizard under the Lists menu of the QuickBooks accounting system. Besides adding new, duplicate from […]

Software: QuickBooks Desktop Accounting Software You can email documents in PDF such as Invoice, Purchase Order, Statement, etc. directly from QuickBooks Desktop accounting software via the email client such as Microsoft Outlook with a neatly constructed email message, the email template. The email templates are under the Send Forms preferences (under Edit menu > Preferences […]

Software: QuickBooks Desktop Advance payment is a payment made to the supplier before goods received. It debits the advance to the supplier account, which is an Other Current Asset and credits the accounts payable. It gets complicated when including the landing cost in the product average cost; often, the landing cost has excluded from the […]

Software: MoneyWorks accounting software Product code is a unique number (or alphanumeric) use to identify an item. The unique product code for reselling a product can be different from ordering from the supplier, the supplier code. For example, you own a retail shop selling Television. You sell various brands and models which purchase from multiple […]

Software: MoneyWorks accounting software You have an option of recording the invoice, payment or receipt transaction either via by account or by item tab. What’s the difference? You use the ‘By Account’ tab to record transactions which charge directly to the GL (general ledger) such as rent, repayment of the loan, purchase of assets, etc.; […]

Software: MoneyWorks accounting software You may have customers that have multiple branches which require you to invoice and deliver goods to the outlets but send a consolidated statement to the HQ at the month-end. First, have the debtor setup with same company name but a different delivery to address in MoneyWorks accounting system. Then, add […]