MoneyWorks

MoneyWorks is an accounting software designed to provide small and medium-sized businesses with financial management tools. According to the vendor, it offers features such as cashbook, general ledger, accounts receivable and payable, budgeting, fixed assets, and inventory management. The product is said to be suitable for companies of various sizes and caters to industries including retail, professional services, manufacturing, wholesale and distribution, and non-profit organizations.

Key Features

Cashbook: According to the vendor, MoneyWorks provides a fully integrated cashbook that includes features such as general ledger, accounts receivable, accounts payable, budgeting, and fixed assets. It is designed for cash-based organizations, including clubs and societies.

Express: The vendor states that MoneyWorks Express offers invoicing and statement capabilities in addition to the features of the Cashbook. It is positioned as a solution for smaller businesses that require invoicing functionalities.

Gold: MoneyWorks Gold includes all the features of Express and adds functionalities such as cost center accounting, multi-currency support, job costing, and inventory management. According to the vendor, it is suitable for small to medium-sized businesses and is a multi-user desktop software.

Datacentre: MoneyWorks Datacentre is an enterprise-level solution that includes all the features of Gold with enhanced capabilities. It is designed for larger businesses with complex accounting needs and provides a scalable solution for multi-user environments, according to the vendor.

Quoting & Order tracking: MoneyWorks allows users to create and track quotes and orders, streamlining the sales process and improving customer service. According to the vendor, quotes can be easily converted into invoices.

Job costing and billing: According to the vendor, MoneyWorks enables businesses to track costs and revenue associated with specific jobs or projects. Users can allocate expenses and revenue to specific jobs for accurate job costing and generate job-related invoices to track profitability.

Inventory management: MoneyWorks offers inventory management features that enable businesses to manage stock levels and track inventory movements. It allows for tracking stock across multiple locations and warehouses, as well as batch/serial number tracking for better inventory control, according to the vendor.

Multi-Currency: According to the vendor, MoneyWorks allows businesses to conduct transactions in multiple currencies. It enables users to set exchange rates, perform foreign currency transactions, and track gains and losses from currency fluctuations.

Extensive range of reports: MoneyWorks provides an extensive range of reports including financial reports such as Profit & Loss, Balance Sheet, and Cash Flow. It also offers general ledger, sales, purchasing, stock, and inventory reports. Users can create custom reports to meet their specific business needs, according to the vendor.