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moneyworks gold

Moneyworks Head Office Billing

admin2022
Moneyworks
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…
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Moneyworks – Price Inclusive or Exclusive GST

admin2022
Blogs, Moneyworks
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…
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Multi-Branches Centres

admin2022
Blogs, Moneyworks
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…
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Margin Report – Moneyworks

admin2022
Blogs, 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…
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Better Data Driven Business

Better Data Driven Business

admin2022
Moneyworks
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

admin2022
Blogs, Moneyworks
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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Born Digital Proof of Concept

Born Digital Proof of Concept

admin2022
Blogs
Born Digital Proof of Concept was lunched in July 2022 by IMDA for a short window period (Jul 2022 to Oct 2022). Be part of the BORN DIGITAL Proof of Concept in 3 easy steps to receive $100! What is this grant about?  To enable newly registered business to be digital from birth, adopt and be familiar with a core set…
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MYOB ABSS Singapore GST

admin2022
Blogs
MYOB ABSS – Singapore GST changes in 2023 and 2024 from current 7% to 8% on 1/1/2023 and from 8% to 9% on 1/1/2024. As the clock is ticking towards year end, there are more and more people asking what to do for the coming GST changes in 1st January 2023 to let the system start adopting 8%. Refer to…
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Moneyworks – Back to Back Order

admin2022
Moneyworks
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

admin2022
Blogs, Moneyworks
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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