You get an error of ‘Receipt amount exceeds amounts allocated to invoices’ when try applying an overpayment to a foreign currency invoice. You have to use dummy invoices to transit the additional amount received between the Overpayment Received and the Accounts Receivable account.

You may park the fund received temporarily in a clearing account (the transit account) so to proceed with the bank reconciliation and month-end closing while waiting for clarification or locating the missing invoice.

The expense claim sync from MoneyWorks Mobile to MoneyWorks accounting system once submitted.

By default, the CostPrice field is not in the item list. To have it in the item list, you need to add it from the Customise List View (under the Edit menu)…

Cognito has released a minor update (bug fix) version 8.1.4r1.

MoneyWorks accounting system: Use credit note method to receive advances (deposit) from a foreign currency customer.