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moneyworks
MYOB / ABSS Activation Issue
MYOB / ABSS Activation Issue has been an ongoing pain for our users since we blog about it in Aug 2020. Please refer to the previous article on the process of activation. We had been receiving calls from MYOB users, and getting more frequently. So we shall take this chance to address some issues. If you are MYOB / ABSS…
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…
How Covid-19 has impacted the digitalisation of businesses
How Covid-19 has impacted the digitalisation of businesses As we all know, Covid-19 has impacted businesses badly and most business are trying to stay afloat desperately by accelerating the pace of digitalisation in response to the pandemic. However, according to a study done by ASME and Microsoft, more than half of Singapore SMEs have reported delays in their digitalisation process…
Comparison of Accounting Softwares
Number of Companies ABSS– allows you to create up to 5 companies in your initial purchase of the license. Moneyworks- allows you to keep as many accounts as you want on one computer, with no additional fees or license required. Xero– allows only 1 company per subscription. If you are an SME in Singapore that needs more than 1 company…
Moneyworks: 5 main features to help you manage your finances easily
Moneyworks: 5 main features to help you manage your finances easily <strong>1. Flowchart Interface </strong> The flowchart interface is designed to help you visualise a business’s typical work process. In addition, the buttons on the flowchart are all interactive (i.e you can click on them), thus making your accounting process more convenient and efficient. 2. Search through any transactions easily If…
Grants to Help SME Go Digital
Grants to help SME go digital! If you are a small business owner who is looking for ways to go digital during covid-19 but isn't sure how due to a tight budget. Don't worry, read on to find out more about these government grants that can help your business to grow and go digital!</p> <h2>1. Productivity Solutions Grant (PSG) Get…
InvoiceNow with Moneyworks
InvoiceNow with Moneyworks. Get Paid Faster. On 23rd September 2020, the InfoComm Media Development Authority (“IMDA”) announced the launch of InvoiceNow to help businesses improve efficiency, reduce cost, receive payment faster and reduce our impact on the environment by using less paper invoices. InvoiceNow and PayNow Corporate both make use of the Unique Entity Number (“UEN”) to help businesses send…
Choosing the right accounting software
How to Choose the Right Accounting Software As a business owner, it is essential that you have the right accounting software that helps you to accomplish your daily accounting tasks – keeping track of payments and expenses, sending invoices to customers and reconciling transactions- and also help to give insight into your business’s financial status. If you still aren’t convinced…
Reasons to use accounting software
5 Reasons Why Businesses Should Use Accounting Software As a business owner, it is easy for you to get caught up in your daily operations and if you are still using a manual accounting system, you are wasting your time and you should consider looking into accounting software to help you manage your finances. But first, what is an accounting…
