Tag Archives: MoneyWorks Malaysia

MoneyWorks updates 9.1

Cognito has released the MoneyWorks updates version 9.1

This update resolved some of the issues and added a few new features, such as a date picker allowing the user to pick the date from a pop-up calendar and supporting batch/serial number tracking when building a product.

Build assembly item

Visit the Cognito website to view the change history.

Profit and Loss by Date Range

Cognito has released the MoneyWorks 9.0.4 updates.

Besides bug fixes and improvements, Cognito added a new Profit and Loss by Date Range report.

Why needs a Profit and Loss by Date Range?

By Date Range means you can print the report within the specific date range instead of the usual financial period, such as from 1st to 15th January, instead of period January which will be from 1st to 31st January.

Profit and Loss by Date Range report
Profit and Loss by Date Range print wizard

This report also come in handy when printing the profits and losses of the closed period. MoneyWorks period list shows up to a maximum of 90 periods. Although those transactions beyond the 90-period range are still in the database, you cannot print them since you cannot select the period from the report wizard’s period dropdown field. With the Profit and Loss by Date Range, you can set the date range and print (e.g. from 1st January 2013 to 31st December 2013).

Profit and Loss by date range Report

Visit the Cognito website to find out more about the change history for v9.0.4.

The Salesperson

Software: MoneyWorks accounting software

A salesperson is a representative of a company selling goods and services to the other parties (the client). Often, we measure the productivity of the salesperson by the revenue they bring into the company.

You can use the Salesperson field in MoneyWorks to record the name of the salesperson in charge. Then, use an analysis report to analyse the revenue by each salesperson.

You can learn more about analysis report from the page G-345 of MoneyWorks v7 User Guide.

Below sample is using the source file from Transaction and break down the report into Salesperson, Customer name, and product code (you can change or remove any of the breakdowns which you think is not relevant).

moneyworks-analysis-report

This analysis report shows the quantity, net sales, cost, margin, and margin percentage (you can add or remove any irrelevant columns). Besides, you can also arrange the report in a list, report, or table format.

Analysis report provides a powerful way of extracting information for business decision making. You can create a report which breaks down the product sold by customer, the cost (or income) by a job, the Customer purchases by period, and etc.

The User Guide provides a step-by-step guide to creating an analysis report, try it out!