MoneyWorks Gold has all the features of MoneyWorks Express plus cost centre accounting, multi-currency, job costing, advanced inventory management and much more
– all in one place and fully integrated.
Not sure how to start?
MoneyWorks got you covered.
A step-by-step guide helps navigate MoneyWorks, from setting up opening balances to daily accounting transactions.
The powerful sub-ledger capabilities of MoneyWorks Gold allow for departmental/cost-centre accounting and budgeting. A department might be a branch, salesperson, vehicle (for fleet management), curriculum area (for schools), project, building (property management), etc.
The example shows the courses (English Enrichment and Speech & Drama) of the Enrichment Centre set up as Classification (first level), and the classes (Beginner, intermediate, and advanced) of each course are as a department (second level).
A department group (Classes) host all the departments and tags the group to the appropriate GL account that you wish to track the department (e.g. Sales income, wages, stationery, material cost, etc.)
Then, select the appropriate department when using the GL account in the transaction (e.g. Sales or Purchase Invoices).
Support up to 31 Characters, sufficient for most businesses.
MoneyWorks Golds inventory feature support:
Send and receive in foreign currency. Auto currency revaluation once enters a new exchange rate into the MoneyWorks Gold.
Generate quotes and convert them into a Sales Order upon confirmation. Multiple ways of processing a Purchase Order: Pay a deposit for the order, Receive a prepayment invoice for goods, Receive goods with an invoice, Receive goods before/after the invoice, etc.
Generate and finalise the GST. Connect to the Singapore IRAS GST (Goods and Services Tax) portal via the IRAS Connect feature to submit your GST returns digitally from MoneyWorks accounting software.
Need to work as a team?
Get MoneyWorks Datacentre (client-server-based) or MoneyWorks Now (Cloud-based) for your accounting team.
Both can support up to 99 users concurrently access.