February, 2024

Partial tax enhancements

  • New criteria for Partial tax setup: Cost Centre, Department, Fund, Product.
  • Partial Tax Bands - a new optional posting attribute that recoverable rates can be defined for that will allow selection during document entry.

AP Automation enhancements:

  • More supplier defaults:
    • Default legal entity
    • Default responsible resource
    • Combine line items
  • Support to regenerate Registered documents (to re-evaluate when APA rules are changed)
  • Extract the invoice total for a parity check with all the extracted lines
  • Support for locking Inbox to block processing
  • Tax adjustment capability on Registered documents
  • Abandon/unlock Inbox / Registered documents

Purchase documents

  • A new Ignore Prepayment setting for Suppliers has been introduced to prevent automatic prepayment calculations on purchase document entries, overriding the account rule that would normally apply a prepayment.

Fixed Assets enhancements

Bank feeds:

  • Added code strategy to work around transaction duplication on certain situations
  • Disabled re-connect button for Yodlee

Other changes:

  • Product Margin Calculation: new environment setting: Margin basis: Purchase / Sale
  • Supplier multi amend: new fields added.
  • Fund: copy support
  • Exchange rates: increased max exchange rates for a pair to 5000
  • Vat Returns: support for account default rules
  • Match Required now ignores Tax Adjustment lines
  • Filter to search for unsent sale invoices

Bug fixes

  • Data Entry Control: several fixes relating to race conditions and other features interactions.
  • Budgets: fixes incorrect actuals on budgets with multiple account structure edits
  • Restart step created duplicate pending authorisation tasks
  • Mobile: fix approval buttons on detail authorisation
  • Attribute correction: support for custom attributes
  • Payment / receipts: fixed invalid payment method displayed
  • Enquiry refresh resets parameters to default values
  • Enquiry export to Excel:
    • totals and status columns not exported correctly in some enquiries.
    • fix column shifting with multiple column grouping bands
  • cancelling print preview did not discard the jobs
  • image attachments of certain aspect ratio have the preview cropped
  • overflowing text handling in enquiries
  • AP Automation: invoice matching incorrect legal entity and supplier when PO matched
  • Asset depreciation book corrections: annual reducing balance, reducing balance first year apportionment calculation

Enquiries:

  • Prompt Payment analysis: additional parameters, enhanced presentation
  • Deferred Income analysis renamed to Deferred Income schedule
  • Prepayments renamed to Prepayment invoices
  • Prepayment analysis renamed to Prepayment schedule
  • Purchase Order line analysis: additional columns and filters
  • New: Budget reforecast
  • New: Sale product pricing

Reports:

  • Remittances now support intercompany payments

Interfaces:

  • HSBC CSV (Multi account)
  • ALDIS Sales import
  • Santander bulk payments

Environment settings:

  • Document types: Asset Sale document type: Default document type for disposal of Asset
  • Products: Margin basis: By default, the margin will be Purchase which is calculated as follows: (sale price - purchase price) / purchase price. If you wish for it to be sales basis, please choose Sale.
  • New: General: Partial tax bands

Forms:

  • Document Type setup: "Allow penny difference" / "Allow reversal" on Purchases / Sales.

  • Manual Journal: Ability to compress the header and enable more detail to be shown.

  • Payments filter: new: Is not sent

  • Purchase Orders filter: new: Is not sent

Tax:

  • Domestic Reverse Charge support for Northern Ireland tax authority

User roles:

  • New: Asset Amend

Note

Get in touch to find out more about the features in this release or how to get even more out of the system.