Although the accounting system does not compute payroll, you still have to record the monthly payroll via a general journal or payment transaction to update the ledger.
Read MoreA 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.
Read MoreBesides bug fixes and improvements, Cognito added a new Profit and Loss by Date Range report into the MoneyWorks accounting system.
Read MoreWhether you like to have a glance at the payment status of an invoice, find the related payment on the fly, or a historical payment listing, MoneyWorks has the features available that meet your accounting needs.
Read MoreInsert line item anywhere in the MoneyWorks accounting software’s transaction/order by press down the Shift key and clicking on the Add Line button.
Read MoreIt does not delete when you cancel a transaction; instead, it creates a reverse entry to correct it and forms an audit trail for the accountant.
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