MoneyWorks accounting system has a powerful report writer built-in which allow the user to create a custom report or use the analysis function (from the File menu) to analyse the sales, purchases or job profitability. For example, you may tag ‘xmas18’ (for Christmas 2018) to a transaction user field, and then create an analysis report to measure the product sold or profitability of this year’s Christmas promotion. Or you may analyse sales from an advertisement, trade show, or a government grant (such as PIC, SMEs Go Digital, etc.)

It’s essential for the job or project-based businesses to measure job profitability. It gives the business owner a breakdown of the job-related income, expenditures, and a bottom line of whether the job is making money.

The recurring transaction is a transaction having the same accounting information which records into the accounting system on a periodical basis. Prepayment, accrual, depreciation, maintenance service, or rental invoices are examples of a recurring transaction. The accountant has to record the transaction manually when due or uses a recurring feature in the accounting software to automate the process.

You may use the inventory module in MoneyWorks accounting software to track the movement of the loan equipment.

A barcode helps to ease the operation and omit error when entering a sales or purchase invoice into MoneyWorks accounting system.

MoneyWorks demonstration version is valid for 45 days (or 99 opens, whichever comes first). The 45 days or 99 opens applied to the new company file created. Once expired, you can create a new company file without the need to uninstall the software, which is good for the school to train their student on computerised accounting.