Moneyworks Head Office Billing
Moneyworks Head Office Billing allows users to have bill to head office but delivering address to branch locations. Who will need to use this? Customers with multi-branches or outlets (retail chain stores like NTUC, KFC, MacDonalds) Renovation sub-contractors whose fulfilment is not direct customers What does Head Office billing concept solves? Bill to Head Office, delivery to Head Office or
PSG and SFEC Grant
PSG and SFEC Grant has been around for a few years helping SMEs quietly. Have you benefitted from the combine effect of both grants?Most of us knows PSG (Productivity Solutions Grant) and many of our customers has adopted Moneyworks Accounting Solutions under PSG enjoying from claiming 80%, down to 70% and now currently at 50% of the qualifying cost. However,
Moneyworks – Price Inclusive or Exclusive GST
Moneyworks – Price Inclusive or Exclusive GST in invoicing will allow some customers to deal with retail sales. Some customers especially retail customers would need all price quotes or invoice inclusive of GST. Here is our solutions to such arrangements using multiple price level. 1. Setup the products with price level in Selling Info tab of your item, tick Multiple
Moneyworks POS
MoneyWorks POS (Point of Sale) has been launched in late March 2023. Here is how mwPOS looks like: Simple, functional integrated Point of Sale. A full screen POS incorporating PLU buttons, baarcode scanning, customer loyalty, split payments, parked transactions and more. Being a full MoneyWorks component, each sale will automatically update inventory, cost of sales, and other ledgers. The MoneyWorks
Multi-Branches Centres
Multi-Branches Centres and Outlets management can be challenging if company is also managing departmental and project at the same time. Moneyworks allows departmental, classification and projects that handles most of the complex businesses. However, each department can only tag to a classification and projects are used for job allocation and reporting. With such a scenario, we will have to customise
Margin Report – Moneyworks
Sales margin report for each customer can serve several purposes, including: Understanding customer profitability: By analyzing sales margin reports for each customer, businesses can gain insights into the profitability of individual customers. This information can help businesses make informed decisions about which customers to focus on and how to allocate resources to maximize profitability. Identifying opportunities for growth: Sales margin
Productivity Solutions Grant (PSG) Support Drops to 50%
https://www.enterprisesg.gov.sg/financial-assistance/grants/for-local-companies/productivity-solutions-grant The Productivity Solutions Grant (PSG) is a government initiative aimed at helping small and medium-sized enterprises (SMEs) in Singapore to adopt technology solutions and equipment that can enhance productivity and reduce business costs. However, the PSG support rate has recently dropped from 70% to 50%, and this has raised concerns among SMEs about the impact on their business operations.
InvoiceNOW Transactional Bonus (PEPPOL E-Invoice)
InvoiceNOW Transactional Bonus (PEPPOL E-Invoice) Dear Customers, We are pleased to share that IMDA has introduced the $200 InvoiceNow Transaction Bonus (ITB) to reward businesses on InvoiceNow for sending 10 or more invoices on the network.With InvoiceNow, you will be able to send and receive e-invoices directly into Moneyworks, saving you time from manual entry of invoice data and thus
Better Data Driven Business
The Better Data Driven Business (BDDB) programme helps SMEs gain deeper consumer insights and scale up their businesses through responsible use of data. It aims to support two types of SMEs, those that are starting to learn to use data to generate insights, and those that seek to apply and share data for more complex purposes. Read more at: Upscaling
ECommerce + Accounting
Ecommerce + Accounting is the greatest combination for many online businesses. Many online business today struggle with administrative work which is very unnecessary. Both Ecommerce shopping cart and accounting solution issues invoices or receipts to customers who buy online (ecommerce) while offline (accounting). Yet they would need to key the ecommerce transaction into accounting solution for accounting purposes. We now
Moneyworks – Back to Back Order
Moneyworks – back to back order function is available on Sales Order. This is a handy function if you are not keeping stocks. In Moneyworks, you will need to specify your usual supplier for the items (though you may still change the supplier after the purchase orders have been created. Below is the sales order created for 4 items: After
Moneyworks Automated Invoicing
Moneyworks Automated Invoicing – Have you wondered why you receive invoice before your subscription expiry? In business-to-business operations, we often need to invoice our customers in regular intervals like monthly rental, annual domain subscription, annual maintenance just to name some. These are very normal activities, and yet it took up our time like having a separate excel to track the
Compelling reasons of choosing MoneyWorks over ABSS (or MYOB)
Compelling reasons of choosing MoneyWorks over ABSS (or MYOB) I have blogged about the comparison between MYOB and Moneyworks in the middle of last year. You may read about it here. This time, I will go full swing on my stand to move my passion from MYOB (now known as ABSS) to MoneyWorks. I have been selling MYOB since 1997
Consignment and Reserve Stock
Consignment and reserve stock inventory has been asked many times by quite a number of customers especially those who are wholesaler providing consignment goods to retail stores. On recent enquiry, the customer is considering the warehouse management for consignment goods and customer’s reservation. Here is their requirement: 1. Want to use the software as inventory management only 2. Consignment goods
CTO-as-a-Service
CTO-as-a-Service (Chief Technology Officer-as-a-Service) is a one-stop platform that provides you with quick access to resources and expertise to go digital. Click on the image link to access This is an initiative by IMDA to assist SME goDigital. Go embark on your Digital journey with government grants and support now! Moneyworks is one of the pre-approved solution and we are
Stocktake with Mobile
https://amcpro.asia/wp-content/uploads/2022/06/backup.mp4 Stocktake with mobile devices speeds up your stocktaking processes with more accuracy then to print out a list of stock items and count it manually. However, it is difficult to make things simple. Most of the application out there does require preparation of stock item list or they are simply too complex to start. We look for stocktake mobile
Moneyworks PSG 2022
Moneyworks PSG 2022 – We are pleased to announce the renewal of our Pre-Approved Package for Moneyworks starting from 2nd June 2022. For those who have received the quote and have yet to apply for the PSG grant, kindly get a fresh quote from us. There are some minor changes to the packages and quotation description. For those who are
Moneyworks Products Comparison
Moneyworks Products Comparison – We have a comprehensive range of Moneyworks Solutions for your considerations. All MoneyWorks products share the same user interface and use the same database file format. You can easily upgrade at any time. You can create as many company data files as you want—there are no additional fees or activations for creating new data files. Focus
Hosting Moneyworks Datacentre
Hosting Moneyworks Datacentre can be on-premise or oncloud. Moneyworks Datacentre is a multi-user accounting software that runs on the background of a Windows Operating System or Mac Operating System. It gives us a lot of flexibility and at the same time security. Hosting Moneyworks Datacentre on-premise means you can install Moneyworks Datacentre on a PC or Mac machine in your
GST Form F5 e-Submission via IRAS Connect
GST Form F5 e-Submission via IRAS Connect is almost ready! We have successfully submitted our GST F5 via Moneyworks IRAS Connect without issue. Thanks to our Moneyworks developer Cognito Software Ltd for the effort to help us connect directly to IRAS online for submission. Now we can submit our GST form F5 without manually entering the e-submission form, one step
