Stocktaking

December is the last month of the year.
It’s a time to celebrate with your loved one.
It’s a time to regroup after being disrupted by the COVID pandemic for two years.
It’s time to have a resolution for the new year.
It’s time to close your book if your company’s fiscal year-end is in sync with the calendar year-end.
It’s time for a stocktake if you are closing the book.

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Why can’t I open a new period?

MoneyWorks allows the user to open up to 90 opened financial periods. Once the maximum number of periods has reached, the user has to close some of the older periods to open up a new period.

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Profit and Loss by Date Range

Besides bug fixes and improvements, Cognito added a new Profit and Loss by Date Range report into the MoneyWorks accounting system.

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Product costing

Product costing gets complicated when involving landing costs.

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MoneyWorks Datacentre version 9.0.3 update

Cognito has released MoneyWorks Datacentre 9.0.3 update. Besides bug fixes and performance improvement, the import bank statement feature now supports the CSV format. The complete change history of v9.0.3 is available on the Cognito website.

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Nope, I had already paid!

Whether you like to have a glance at the payment status of an invoice, find the related payment on the fly, or a historical payment listing, MoneyWorks has the features available that meet your accounting needs.

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