You can use the ‘pay a deposit for order’ option from the MoneyWorks purchase order to record an advance payment to the supplier.

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.

A 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.

Besides bug fixes and improvements, Cognito added a new Profit and Loss by Date Range report into the MoneyWorks accounting system.

Whether 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.

Insert line item anywhere in the MoneyWorks accounting software’s transaction/order by press down the Shift key and clicking on the Add Line button.