This may mirror the practices used in larger-scale accounting, but we think it ads unnecessary complexity for small business.īank accounts can be reconciled with the corresponding MoneyWorks accounts. While time can be treated like a product (for example, three hours at $100 per hour), and job costing is included, there doesn’t seem to be an automated way to collect the time that people spend on specific jobs.īy default, some transactions (such as orders) entered don’t take effect until explicitly posted, but others (such as receipts) do – and once posted they cannot be changed. These list can be set up in advance an added to on the fly.Ĭash receipt and invoices are handled separately, which can reduce the effort required, and invoices and other documents can be e-mailed as an alternative to printing. ![]() Tab normally moves to the next field, and we would strongly prefer a popup menu. MoneyWorks Gold – MoneyWorks has a clean, generally Aqua-like design but when entering data pressing the Tab key reveals a list of values for that item in a separate window. Small business people often do their bookkeeping at night or on weekends, so check if support is available when you may need it. Some people like the certainty of a pre-paid support plan that includes any updates, while others prefer to pay as they go. If the business has installed a mix of Macs and Pcs, cross-platform support could be a benefit, but we double it would be a deciding factor.īe prepared to pay for technical support for your accounting software, but note that vendor may draw a distinction between calls around the initial installation and configuration of the package, and help with ongoing use (such as questions like “how do I generate a BAS”). If you are a not so small business, you might need multi-user capabilities so that one person can operate the program from the sales counter while another processes the payroll or accounts payable in the back office. If you do, it should be possible to turn a quotation into an order without re-entering all the data. Some business need to provide formal quotations to potential customers, other don’t. You only need payroll facilities if you have employees. If all your customers pay cash on the spot, you don’t need to generate statements or aged debtor’s reports. ![]() Consequently, you may or may not need inventory management, bills of materials or time recording. You may buy and sell physical products, convert raw materials and components into finished goods, provide services, or some combination of these. Record information and prepare invoices/reports in almost any language.Not everyone needs the same set of features from an accounting package. Import/export & interoperabilityĮnsure interoperability with the other systems your business relies on. Keep accounts for as many entities as you need. Budgetingįull budgeting for better control and decision making. Sticky notesĪll the better to remember you by. MoneyWorks provides the best possible support for sales tax. Item pricingĮnter sales and purchases using account coding or item lookup with quantities and discounts. Store customer and supplier names, addresses, phone numbers, email & web addresses. Flexible reportingĪ library of over seventy standard reports. Powerful on-screen enquiriesĮasily view balances and trends for accounts, customer or item sales. Maintains details of your accounts for over 7 years. Record payments and receipts and automatically track the GST. On-screen sales graphs plus in-depth customised analysis by almost any criteria Features common to all MoneyWorks productsĪll MoneyWorks product are built on a powerful, framework that includes the following: Cashbook Accounts payableįull payments history, as well as automatic notification when creditor invoices overdue. ![]() Custom forms designerĬreate eye-catching invoices, statements, PO's, mailing labels & remittance forms. Monitor amounts owing and get notfications of overdues. With all the features of MoneyWorks Cashbook, plus receivables and payables, MoneyWorks Express is the ideal accounting solution for the smaller business that aims to grow.
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