Advantages of batch number tracking

In any type of organization, especially those that manufacture or assemble parts and products, it isimportant to be able to perform traceability exercises of its product from input to output and vice versa.In order to do this, a process called Batch Number Tracking is used. What is Batch Number Tracking? Batch number tracking is a process that enables the organization to trace and access information abouta specific product from procurement of materials up to deliveryRead more about Advantages of batch number tracking[…]

14 Jun

Poonam Posted in Accounting No comments

Get Ready for a New Financial Year

Every small and medium enterprise (SMEs) have a different Financial Year (for example,Jan – Dec, Apr-Mar, July – Jun). In the last quarter of every year, most SMEs will bepreparing to close their books for the current financial year as they start the new year. Thisis a good time to look back at the year that was, review the company’s performance, andset improvements for the next financial year. Around this time, the business should beRead more about Get Ready for a New Financial Year[…]

03 Jun

admin Posted in Blog No comments

What is an e-invoice?

When we hear of e-invoice, we may think of PDF invoices sent via email to customers. This is a common misconception because PDF invoices are an electronic version of the document. E-invoicing is way more than just a digital copy of an invoice. What is e-invoice? An E-invoice or Electronic invoice is a type of invoice created in a structured format for automation of process in between the same or different accounting software or enterpriseRead more about What is an e-invoice?[…]

18 Oct

admin Posted in Blog No comments

How To Protect (Encrypt) Excel, Word or PowerPoint Document

If you have sensitive information on Microsoft Word or other Office apps, you might want to consider password protecting your documents. For instance, you might have to store a Word document containing sensitive information like personal data including NRIC or passport number, personal email or even residential address. In this case, you probably should encrypt the file and share the password only with those who need to access the document. Follow this guide as weRead more about How To Protect (Encrypt) Excel, Word or PowerPoint Document[…]

27 May

admin Posted in Accounting No comments

How to install e-Invoicing Module in Moneyworks

1. Download e-Invoicing module 2. Open Your Moneyworks Program & Company File 3. Run the downloaded e-Invoicing Module by double-click the file. Click Yes when you see Install script? 4. Fill up E-Invoicing Setting:a) E-Invoice ID = Your company UEN numberb) Your Currency = SGD (default)c) Default Item = Choose 1 item from Existing Item List (Press TAB to get the list)d) Default Supplier = Choose 1 Supplier from existing Supplier List (Press TAB toRead more about How to install e-Invoicing Module in Moneyworks[…]