Cognito has released MoneyWorks v8.0.5 update. Besides bug fixed, the Product Inventory tab displays quantities by location and “Show Value” option has added to the Stock by Location report.

It fixed the issues of running an Analysis report on the server for opening in Excel, accountant export format, etc…

The Accounts Payable is part of the Current Liabilities, which is a ‘Control’ accounts capturing all the bills and payments related to Vendors, whereas the Vendor Balance Detail Report is like a sub-ledger, sum up the transactions by each vendor.

The Custom Plug-ins folder in MoneyWorks accounting software stores all customised forms, reports, script, import MAP, etc.; whereas the default reports and forms are in the Standard Plug-ins folder.

Software: MoneyWorks #accounting software MoneyWorks update v7.3.8 is now available. This update is about bug fixes and improvements, click here to view the change history.  

Software: #QuickBooks Desktop #accounting software A Credit Note (an Adjustment Note) is a sales form given by the seller to the buyer to correct the mistake made in the Sales Invoice or goods returned. From the Customers menu of the QuickBooks accounting software select Create Credit Memo/Refunds to add a new Credit Note. Assuming a […]