Why my Sales Order turn into Receipts rather than Sales Invoice?

Software: MoneyWorks version 6 When processing Sales Order, user has two choices; you can either process it as a Sales Invoice or a Cash Sales transaction. If you are processing the Sales Order as a Cash Sales, in the Process Order window, select ‘Cash Sales’ radio button. You need to select your bank account so […]

Read More

How to update MoneyWorks Datacentre?

Software: MoneyWorks Datacentre To update MoneyWorks Datacentre, first you need to ensure all user logs out of the MoneyWorks. Then, launch your Datacentre Console from your Server. Go to the Updates tab of the Datacentre Console; click the Check Now button to check for the latest update. If there is any update available, Datacentre Console […]

Read More

Reports for MoneyWorks Multilocation plugin

Software: MoneyWorks Gold / DataCentre with Multilocation plugin   When using Multilocation (Multi-warehouse), there are two reports, which users like to have. They are the Stocktake list and Stock Valuation report. User needs Stocktake list for their stock-taking and Stock Valuation report for their audit. From the Reports menu | select Stock Report | and […]

Read More

Multilocation: Transferring stock for the first time

Software: MoneyWorks Gold / DataCentre with Multilocation plugin   When using MoneyWorks with Multilocation Plugin, you need to create a dummy creditor, “STOCKXFER” (Or a name that you dedicated for stock transfer). You use a Purchase Invoice to transfer stock from HQ to Branches (or from one branch to another). In the Purchase Invoice, enter […]

Read More

Multilocation Plugin Consideration

Software: MoneyWorks Gold / DataCentre with Multilocation plugin   To use multilocation plugin, first you must create a dummy creditor name say “STOCKXFER” (or any other name you prefer) to use as a creditor purely for transfer of stock. Since there isn’t any tax involved in this internal transfer of stock, you should set the […]

Read More

Install MoneyWorks Multilocation Plugin

Software: MoneyWorks Gold / DataCentre with Multilocation plugin   Multi-location is an add-on solution (a plugin) provided by Cognito. This plugin allows user to handle their inventory in more than one location. The benefits of this plugin are: Individual stock counts and valuations by location: Provides a simple mechanism for handling different warehouses or consignment […]

Read More