A stocktake is a physical count of your inventoried items and is necessary on a periodic basis, no matter how careful you are, the actual stock on hand may differ from the record in MoneyWorks accounting software.

MoneyWorks accounting software — Backup and lock the period once you have completed the financial year-end closing to prevent other users from recording transaction into the wrong period.

Software: MoneyWorks accounting software Stocktaking (or inventory checking) is a process of verifying the stock (inventory) physically. It’s a process to check the quantity and verify the condition of the stock you have on-hand. Before doing the regular stocktaking in MoneyWorks, you should post all the stock related transactions and make a backup of your […]