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EH Lim
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Am a trainer for QuickBooks and MoneyWorks accounting software.
Am a trainer for QuickBooks and MoneyWorks accounting software.

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You get an error if you try running an older version of MoneyWorks on a new macOS Mojave, you should upgrade the software before upgrading the operating system.
Alternatively, you may switch to MoneyWorks Now, a cloud-based accounting system which always…
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You can create either inventory or non-inventory parts in MoneyWorks accounting system. The cost of sales of an inventory item realised when the product sold, whereas the non-inventory item realised upon purchase.
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You can change the company address or delivery address in MoneyWorks accounting system when you have moved to a new location, or update the company logo when there is a change.
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Non-Current Liabilities are financial obligations which the repayment is not within the fiscal year. It includes long-term loan, deferred tax liabilities, the bond payable, etc. (Please check with your accountant on the account classification).…
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MoneyWorks accounting system leaves an audit trail in the ledger, showing both the wrong and cancelled sales invoice contra against each other; this prevents intentional manipulation of financial data.
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You can consider using QuickBooks Sales Receipt as an internal maintenance service note for equipment rental or chartered vehicle businesses.
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New feature on QuickBooks Desktop 2019 accounting software: Invoice Tracker, Convert to Cheque, Transfer Credits, ...
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The foreign currency transaction in QuickBooks desktop accounting system will pick up the exchange rate from the currency table; however, you can change the exchange rate to match the GST in Singapore dollar which shows on the foreign currency bill.
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You get an error of 'Receipt amount exceeds amounts allocated to invoices' when try applying an overpayment to a foreign currency invoice. You have to use dummy invoices to transit the additional amount received between the Overpayment Received and the…
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You may park the fund received temporarily in a clearing account (the transit account) so to proceed with the bank reconciliation and month-end closing while waiting for clarification or locating the missing invoice.
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