Offset a foreign currency credit note with a local currency invoice

if both invoice and credit note is in a different currency, then have to consider using a contra account to clear them instead.

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Journals

The computerised accounting system has eliminated most of the tedious double-entry work.

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Sequential number

You can manually change the document number on the go when creating an invoice if the software administrator has set the sequential number preference as changeable.

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Importing quotes and orders into MoneyWorks

The data has to be in rows and columns (like a CVS format), usually exported from a quotation or a CRM system, to import into an accounting system.

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Go Digital

Coronavirus pandemic has sent a shockwave to small businesses. It changes how we used to work.

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MoneyWorks 8.2.3 update

Cognito has released MoneyWorks update version 8.2.3.

There are features improved and bug fixes in this update. Check out the full change history at Cognito website.

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