A contra, in MoneyWorks accounting system, is to knock off the credit note of the same customer or supplier with their invoice.

An inventory system helps to monitor stock efficiently. Other than updating the stock on hand, the inventory system takes care of the product costing and value of the inventory when you enter a bill or sales invoice.

MoneyWorks | Desktop & Cloud-based accounting systems for Small Businesses

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 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.