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Moneysoft Ltd - Money Manager

Moneysoft Ltd - Money Manager

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I have been approached by someone whose father has just died. The father used Money Manager by Moneysoft to keep the accounting records of the business. His son (who is a FCA)is now looking for someone who can show him the basics of using this program. Can anyone help?
Laurence Golend

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By AnonymousUser
20th Jan 2004 08:44

Good Product & Easy to use
I am not an accountant, but have used this product for 8 years in my small business.

The product is very easy to use and can be self taught by using the test companies set up and using the F1 key.

A very good basic accounts package.
Best of Luck
David
Best Option Finance.
Best Option Wills.

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By AnonymousUser
20th Jan 2004 13:50

It's a cash book...
My dad uses it for his self employed decorating business - it is effectively a cash book (with all sorts of analysis features) rather than a double entry accounts system that an accountant would expect to see. It is fairly easy to use, but I never got on with it - guess I just like my debits and credits!

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By Abacjm
23rd Jan 2004 02:09

Moneysoft Money Manager Part 1
Dear Laurence
Money manager is simplicity itelf to use. If the records are already set up on a computer, just click on the icon to start the prog. I dont know whcih version you have - it started off in DOS Mode way back and the latest version is Money Manager 2000. Do you have the Final Accounts 2000 as well. If so that will produce your P&L, B/S and FA Schedule as well as a draft SA P&L including P/U adjustments previously set up. You can right click on any of these reports and copy 'mn past to Excel if you want to doodle with the Reports further.
Double clicking on any entry in the Reports in Final Accounts allow you to drill down to the actual figures making up the totals, You can also attach the file to an e-mail if you want to send it direct to your accountant, who must have the prog on his computer, of course!
If the father had the prog he will also have the Manual that came with it, which is written for the non-accountant and to the accountant is simpler than a walk in the park.

I have used Money manager since it came out way back in the mists of time and for simplicity ease of use, amendability and correction of errors, I cannot fault it.
If you have a particular problem, email me at [email protected] and I will do my best to sort it out for you.
If you want to download the latest version or the Final Accounts package, check out their web-site, http://www.moneysoft.co.uk and you will also get the help manuals, if you are buying the prog.

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By Abacjm
23rd Jan 2004 02:09

Money Manager Part 2
There is of course an on-screen help menu by pressing F1 and other help available by right clicking your mouse. You acn also set up various screen headings to either show Icon'n Text, Text only or Icons only.
The prog works on the basis of Accounts for wher the money came from and went to and Classes for what it was spent on.
eg. If you purchased a new Computer on Credit from Mesh Computers, you would post the invoice in a single line to the Mesh P/L Account and the Class code for F/A Computer(or whatever you call your technology Asset)
Hit Carriage Return button to select a new line, enter day of month, invoice no, enter Creditors Control Letter - usually p, enter sub-Ac (ie Mesh) enter Asset Code eg. c1, Hit square bracket ] immediately to left of Carriage Return key - that enters the full name of Mesh Computers, if you have set it up in the P/L, enter the full amount of the invoice, select your VAT code (S for Standard) L for Lower, 0 for Exempt or X for non-Vat and that is it.
Your FA has been updated, your P/L has been updated, your Input Vat has been updated and your Creditors Control has been updated. If you pay by cheque it is a simple transfer from Bank A/c to Creditors Control using the same as above, except instead of entering Creditors Control, you would enter b for Bank, select sub Acc (Mesh) and instead of class code use the transfer code x0. Once you enter the amount of the cheque, the prog autocompletes the double entry and the debt has been paid - allin two lines of user entry.
PS. there will also be a SAMPLE business listed in the prog, so that you can try out things on a dummy Co, if you are unsure. But all entries are editable and each month remains open until closed by the user. You can still re-open them later if you want.

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