MoneyWorks allows the user to open up to 90 opened financial periods. Once the maximum number of periods has reached, the user has to close some of the older periods to open up a new period.

Lock your valuables in safe.
Lock your sensitive document in the drawer.
Lock your house away from the unwanted visitor.
Lock your accounts to prevent data fall into the wrong period.

Software: MoneyWorks #accounting software The year is broken into periods. You normally have 12 periods in your financial year, each one corresponding to a calendar month. However MoneyWorks lets you have anywhere from two to fifteen periods. — MoneyWorks version 7 User Guide page 10, Period. A Financial Year normally has 12 financial periods and […]

Software: MoneyWorks accounting software Assuming your financial year is from January to December; and you wanted to start recording your account into MoneyWorks from year 2012. In the setting up new company wizard, Period setting, Set “Financial Year” to “Jan-Dec” and select “2012” in the “Start in” field. In the Period management window, you will […]