MoneyWorks Gold is the integrated Accounting system for small (and not so small) business. MoneyWorks is designed to:
· Keep a record of all your business transactions: Using the enquiry and reporting facilities, this will give you better control of your business than is possible with a manual system;
· Keep track of your GST and/or Sales Tax commitments: Every time a transaction is entered into MoneyWorks these are automatically accounted for. This is much more cost efficient and accurate than using manual methods;
· Be easy to use: You don't have to be a computer guru or accountant to use MoneyWorks. It operates in a simple and intuitive fashion, and provides all the power and functionality that a small business could require.
Using MoneyWorks you will:
· Spend less time administering your accounts and more on making your business work;
· Have better information to help manage your business;
· Reduce your accountant's fees--instead of providing them with your cheque books and bank statements, you can just print a few reports from MoneyWorks (or provide a complete set of your accounts electronically).
Give MoneyWorks Gold a try to see how useful it can be for managing your business!
MoneyWorks was designed from the ground up to provide the best possible support for GST/VAT-type taxes, plus it also supports North-American-style sales taxes. Enter amounts as GST/VAT inclusive or exclusive—MoneyWorks does the rest.
Default GST/VAT is based on general ledger code used, so you never need to worry about charging GST/VAT on wages or other exempt/free items. Complete handling of GST/VAT on both invoice/accrual [note: not MoneyWorks Cashbook] and payments/cash basis. GST/VAT handling is based on 'transaction tagging', so you never need worry that a transaction has been omitted or double-counted. Detailed reporting provides complete audit trail. Tax code override for individual customers or suppliers (useful for offshore transactions). Country-specific guides for form filling supplied for New Zealand (GST Return guide), Australia (BAS Guide), Singapore (IRAS), Nepal (VAT Guide), UK (VAT Guide). In other countries simply use the figures provided on the general GST/VAT and/or sales tax reports.
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