Have a good understanding of the job profitability, know where your money goes, what type of job is losing money, which sector to grow is an important factor for a business to survive.

A salesperson is a representative of a company selling goods and services to the other parties (the client). Often, we measure the productivity of the salesperson by the revenue they bring into the company.

Software: MoneyWorks #accounting software We discussed how to use the “Quantity Price Break” in our earlier post, showing you how to set up the item with up to five levels of price break for each product. Besides the standard quantity price break, you can have the quantity price breaks on additional units only. You can […]

Software: MoneyWorks #accounting software Open the payment transaction, click the Print icon and follow by the OK button, to print a payment voucher. The payment voucher is using the Cheque/Remittance Advice form designer to create, which has a *.remt extension. The cheque specific fields such as payment reference number, payment date, and payee can be […]

Software: MoneyWorks #accounting software In our previous post, we discussed how to record a trade discount given to a customer in the MoneyWorks Sales Invoice transaction. We recorded the discount percentage in the Discount field and the Extension (which is the detail line total) will calculate based on the Unit Price less the discount given […]

Software: MoneyWorks #accounting software A Trade Discount is a discount given at the point of purchase. It reduces the list price as to encourage bulk purchase. In MoneyWorks, the Discount field is next to the Unit of Measure (UOM) field of a Sales Invoice. You enter a discount percentage in the Discount field whenever you […]