Fixed Assets account

When purchasing an asset in foreign currency, you need not convert manually into a home currency value before recording it into the MoneyWorks accounting software.

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Posting transactions in MoneyWorks accounting software

Software: MoneyWorks #accounting software When a transaction posted, it updates the relevant accounts such as receivable and payable, stock on hand and prevents others from modifying the accounting entry. A posted invoice will show in the “Payment on Invoices” list of a Receipts or Payment transaction, which allows the user to knock off against the […]

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How does the auto backup work in MoneyWorks accounting software?

Sofware: MoneyWorks #accounting software MoneyWorks Datacentre does auto backup the company file (data file). The backup and archive path are both set in the MoneyWorks Datacentre Console. The backup and archive path, by default, are set to point to local drive. You need to set the MoneyWorks Datacentre as a user who has the privileges […]

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