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Moneyworks Articles

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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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Moneyworks Pricebook

Moneyworks Pricebook is a customised script module which allow users to create individual pricebook for each customer. This pricebook is tag to the individual customer such that all customer now can have individual pricing compared to the 6 tier pricing which can be quite rigid for some business.  Standard Price Level Setting Moneyworks Pricebook works with a custom script to

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Productivity Solutions Grant (PSG)

Productivity Solutions Grant (PSG) subsidies from Up to 80% to 70% from 1st April 2022 SME might be thinking it is only 10% less subsidies starting from 1st April 2022. Let’s see how you should perceive this: Take for example your PSG Package Solution Price: $10,000.00 80% Grant, you claim back from PSG: $8,000.00 Your total outlay cost (or investment): $2,000.00

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Digital Order Form with Moneyworks

Digital order form with Moneyworks starts with a simple idea to digitise the current order process by sales person on the ground. Company printed booklets of sales order form with carbon copy so that sales person when doing house to house canvassing can sign up customer for the sales of water filtration system for homes. After having implemented Moneyworks to

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Budget 2022: GST increase to 8% 2023

Budget 2022: GST increase to 8% 2023 (next year), then 9% from 2024 Budget 2022: GST increase to 8% 2023. The first increase from 7 per cent to 8 per cent will take place on Jan 1, 2023, and the second increase from 8 per cent to 9 per cent will take place on Jan 1, 2024. Refer to CNA article for

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Simply Good Accounting Software

Simply Good Accounting Software as used by Moneyworks to describe the solution. Moneyworks is build to be simply good accounting software with the following reasons:   Cross platform compatible with both Mac OS or Windows OS. You are free to choose to buy a Apple machine or another Windows machine or both concurrently.  Document image can be stored on each

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Rental Business

Added New Column “Start D”, “End D” and “Days” Rental Business can consider customisation of 3 new columns in Moneyworks Debtor Invoice windows screen.  As seen above, we have created a new script concept to help users calculate the number of days to bill customer on rental of facilities, products and equipment. “Start D” refers to start date of the

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Backup for MYOB / Moneyworks

Moneyworks MYOB / ABSS Backup for MYOB / Moneyworks accounting software has often been a topic for a start but often with no action taken thereafter. Every other month, we hear of customer getting ransomware (especially multi-user of MYOB / ABSS), or harddisk damaged (for MYOB / ABSS Single users). These customers do their backup in the same machine harddisk

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Moneyworks Automation

Moneyworks Automation that will bring you to the next level of digitisation. In going digitisation and automation, it is not just about the software features and functions that you want. It is how you make your operations smoother, faster, easier and more accurate.  Here are some of the featured special automations achievable by Moneyworks through automation script: Payment – Bank

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Moneyworks PAYNOW

Moneyworks PAYNOW is the latest initiative to simplified payment collection from your customers. Customer no longer need to key in your UEN or PAYNOW code. Making it a breeze for customers to pay you likely going to make your receipt process faster and enjoy better cashflow moving forward. What is the difference between a standard QR Code issued by the

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