A Filter is like a ‘template’ with the search criteria set, activate the filter from MoneyWorks accounting software each time you need to use it instead of re-entering the search condition again.

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.

It is common for small business accounting software not includes a fixed assets module; a module which allows the user to tracks and calculates depreciation of an individual asset automatically.

You get an ‘Out of Stock’ warning message when the stock on hand of a product is lower than the quantity you try to sell.

You can import names such as Supplier and Customer into MoneyWorks accounting software instead of entering it manually when migrating from other accounting software.