About MoneyWorks
MoneyWorks is an accounting and ERP product line from Cognito Software for Mac, Windows, and cloud use. It’s known for desktop-grade accounting that can scale into deeper inventory and job/project tracking depending on edition, while keeping performance and reporting flexible. Because it supports on-prem installs and networked deployments, MoneyWorks often appeals to organizations that want stronger control over their data while still supporting multi-user workflows. Key capabilities: • General ledger and bookkeeping Invoicing, purchasing, and AP/AR workflows Inventory and job/project costing (edition dependent) Reporting and query tools Mac/Windows support with optional cloud deployment Best for: businesses that prefer reliable accounting on desktop with optional ERP depth.
MoneyWorks is a highly flexible and user-friendly accounting software developed by Cognito Software, designed to cater to both small and large enterprises. It combines essential accounting features with powerful business management tools, offering cross-platform compatibility on Mac, PC, and the cloud. The software supports various financial and operational needs while ensuring data security, flexibility, and easy access. The native application runs directly on Mac or Windows computers, ensuring better performance than web-based tools. MoneyWorks allows users to tailor their list views by adding fields or custom calculations, making it adaptable to specific business requirements. With access logging features, the software ensures security by tracking account access and user activity. Among its standout features is multi-currency support, which facilitates transactions and reports in multiple currencies, making it ideal for international businesses. The software covers comprehensive accounting functions such as Cashbook, General Ledger, Accounts Receivable, Accounts Payable, and Budgeting, all seamlessly integrated to ensure financial accuracy. MoneyWorks also includes inventory management, allowing batch/serial number tracking across multiple locations, making it suitable for businesses that manage large inventories.
Pros & Cons
- +Extremely flexible and customizable
- +Powerful reporting and analysis tools
- +Multi-company and multi-currency support
- +High-performance and scalability for larger businesses
- +Integration with third-party platforms
- −Advanced customization may require technical knowledge
- −Bank feeds are limited to specific regions (NZ & Aus)
- −May require more setup effort than basic accounting tool
Features
Key features
- Multi-Currency Support
- Facilitates transactions and reports in multiple currencies, suitable for international businesses handling foreign currency exchanges.
- Comprehensive Accounting
- Covers all accounting functions such as Cashbook, General Ledger, Accounts Receivable, Accounts Payable, and Budgeting, which are seamlessly integrated to ensure financial accuracy.
- Inventory Management
- Allows batch/serial number tracking across multiple locations, supporting businesses that manage stock and require detailed inventory oversight.
- GST/VAT/HST & Sales Tax Tracking
- Manages and tracks taxes, ensuring compliance with tax regulations in multiple countries, including New Zealand, Australia, the UK, and Singapore.
- Extensive Reporting Options
- Provides ready-made reports for financial, sales, and inventory data. It also allows businesses to create custom reports to match their specific needs.
- Cloud or Self-Hosted Options
- Businesses can choose between cloud-based deployment for remote access or self-hosted servers for maximum control and performance.
- Security & Privileges
- Protect sensitive data through security levels and user privilege assignments, ensuring that only authorized personnel can access critical information.
- Customization & Automation
- Built-in scripting language allows extensive customization, including automated processes, business rules, and user interface control adjustments.
- Integration with eCommerce & Other Business Systems
- Connects with popular eCommerce platforms like Shopify, WooCommerce, and BigCommerce, along with customizable integration options for other systems.
- Unlimited Multi-Company Support
Additional features
- Fully integrated Cashbook
- General Ledger
- Accounts Receivable
- Accounts Payable
- Budgeting
- Fixed Assets
- Quoting & Order Tracking
- Job Costing and Billing
- Multi-location Inventory
- Batch/Serial Number Tracking
- Bills of Material
- Multi-Currency
- Financial Reports (Profit & Loss, Balance Sheet, Cash Flow, etc.)
- General Ledger Reports
- Sales and Purchasing Reports
- Stock and Inventory Reports
- Dashboards & Executive Summaries
- GST/VAT/HST & Sales Tax Tracking and Reporting
- BAS Reporting in Australia
- Bank Statement Imports (QIF, CSV, OFX, QBO)
- High-performance server support for up to 100 users
- Self-hosted or Cloud options
- Mac 64-bit Intel/Apple Silicon native support
- Windows Server 64-bit and 32-bit support
- Custom Report Writer
- Flexible Output (Invoices, Purchase Orders, etc.)
- REST API for web-based automation
- Applescript and Visual Basic support for desktop automation
Pricing
Countries & Languages
Interface languages
Billing currencies
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About MoneyWorks
MoneyWorks is an accounting and ERP product line from Cognito Software for Mac, Windows, and cloud use. It’s known for desktop-grade accounting that can scale into deeper inventory and job/project tracking depending on edition, while keeping performance and reporting flexible. Because it supports on-prem installs and networked deployments, MoneyWorks often appeals to organizations that want stronger control over their data while still supporting multi-user workflows. Key capabilities: • General ledger and bookkeeping Invoicing, purchasing, and AP/AR workflows Inventory and job/project costing (edition dependent) Reporting and query tools Mac/Windows support with optional cloud deployment Best for: businesses that prefer reliable accounting on desktop with optional ERP depth.
MoneyWorks Details
MoneyWorks's In-App Market Place
Does MoneyWorks have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
4
Mini Apps
Invoice Automation App: Direct entry of supplier invoices.
eCommerce Integration Apps: Shopify
WooCommerce
BigCommerce.
Pricing Options
Accepted Payment Currencies
AUD ($), CAD ($), EUR (€), GBP (£), USD ($)
Pros & Cons
- Extremely flexible and customizable
- Powerful reporting and analysis tools
- Multi-company and multi-currency support
- High-performance and scalability for larger businesses
- Integration with third-party platforms
- Advanced customization may require technical knowledge
- Bank feeds are limited to specific regions (NZ & Aus)
- May require more setup effort than basic accounting tool
MoneyWorks's Support Options
Email Address
info@cognito.co.nzContact
+64 9 486 0282)MoneyWorks's Alternatives
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