Should I use a credit note or cancel the transactions?

A credit note (a.k.a. Adjustment Note) is a document, usually for returns of goods or adjustments to past invoices. Whereas the cancel transaction process in MoneyWorks is for reversing a wrong entry.

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Multiple locations plug-in for MoneyWorks accounting software

You can transfer and track the stock of each store with the Multiple Locations plug-in for MoneyWorks accounting software…

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Financial year-end

MoneyWorks accounting software — Backup and lock the period once you have completed the financial year-end closing to prevent other users from recording transaction into the wrong period.

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Contra QuickBooks’ Credit Memo with Sales Invoices

Use the “Create Credit Memo/Refund” feature in QuickBooks accounting software to record the return of goods/services from a customer…

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Fixed Assets account

When purchasing an asset in foreign currency, you need not convert manually into a home currency value before recording it into the MoneyWorks accounting software.

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Define Fields in QuickBooks Desktop accounting software

Define Fields in QuickBooks Desktop accounting software

QuickBooks allows the user to define up to 7 Custom Fields in Name and 5 in the item.

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