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.

It 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.

Simple, but yet could be challenging for some. Switching over to new software, often, get overwhelmed by the rich features available; confused and wouldn’t know where to start. Although QuickBooks Online (QBO) is a cloud-based accounting system, suppose to be easy to use, it may still be challenging for some. After entering the company name […]