February, 2026

Budgeting

The all-new Budgeting module features a guided, wizard-based setup process that makes configuration faster and easier than ever. It includes enhanced data import capabilities, seamless integration with Excel functions for more flexible reporting, and real-time budget checking directly on purchase orders to help you stay in control of spending. This powerful upgrade delivers a smoother, smarter, and more efficient budgeting experience from start to finish.

AI help

Our new AI Help feature is now available to streamline your support experience. It allows you to browse relevant support articles and ask questions directly, helping you find accurate answers faster and more easily. By combining intelligent search with interactive guidance, AI Help is designed to save time and improve efficiency whenever you need assistance.

The AI help button is conveniently located in the bottom right corner of the screen.

GoCardless Direct Debit Mandate import

We’re excited to announce a new enhancement that connects iplicit directly with GoCardless, allowing existing Direct Debit mandates to be retrieved automatically and linked to your iplicit customer records. This makes adopting Direct Debits faster and simpler, without the need to set up new mandates. With this enhancement, you can:

  • Import all active Direct Debit mandates from your GoCardless account without having to use export files.

  • Match and link mandates directly to the correct iplicit customer records.

  • Ignore any mandates that are not required to be linked to iplicit customer records.

  • Ensure imported mandates are correctly linked and ready for payment collection.

Cin7 integration enhancements

Stock valuation import

A new interface has been added to allow stock valuation data to be imported from Cin7 directly into iplicit, streamlining the process and reducing manual entry.

  • Support for custom file mapping ensures that incoming Cin7 data aligns accurately with iplicit’s data structure, enabling consistent and reliable reporting.

  • A robust, fully validated import workflow now manages the transfer of stock valuation data, including error handling and confirmation steps to maintain data integrity throughout the process.

Data Import & Export Enhancements

A significant number of improvements to importing, exporting and updating data in iplicit have been made to facilitate efficient and accurate data take-on and maintenance.

Product

  • Full import/export support.

    • Purchase products
    • Sales products
    • Expense products
    • Stock products
    • Timesheet products
    • Product groups

  • Allows for record updates and new record creation.

Chart of Accounts

  • Full import/export support.
  • Allows for record updates and new record creation.

Chart of Account Groups

  • Full import/export support.
  • Allows for record updates and new record creation.

Bank Account

  • Full import/export support.

    • Bank accounts
    • Bank account payment methods
    • Bank account allowed transfers

  • Allows for record updates and new record creation.

Bank Statement Import

  • Added support for amount columns that include extra characters (e.g., currency codes/symbols like GBP). These characters are automatically removed during import to ensure accurate processing without manual cleanup.

Asset imports

  • Performance and stability improvements.
  • Minor fixes to asset status and case-sensitivity handling.

Budget export

  • Analysis values now shown by default when budget forecasts are exported to Excel.

Customer and Supplier

  • Improved validation when importing blank fields.
  • Minor fix on country code validations.
  • Invalid characters are now filtered out when exporting to prevent errors.
  • Notes can now be imported against all contact account records.

Document

  • EUR currency symbol now correctly imported in description fields.

Fund

  • Permissions corrected for the Fund Export/import user role.

Dynamic account structure

  • Descriptions now exported correctly.

Custom data

  • Improved handling of date and integer data types during import.

Other enhancements

  • We have enhanced standard financial analytics — P&L, Trial Balance, Balance Sheet and Budget vs Actual — by freezing row headers, making it easier to navigate large enquiries and view wide horizontal pivot tables without losing track of key information.

  • The APA Registered Documents screen now includes a Legal Entity column, allowing documents to be filtered by Legal Entity for easier management and review.

  • Added a new option to the Project Committed TB enquiry to display outstanding GRNs.

  • User role Assets: Read Only has been renamed Asset Settings: Read Only for improved clarity.

  • The correction unpost function has been removed from revaluation documents and replaced with a reverse function to ensure linked documents stay in sync.

  • Improved handling and user feedback for multi-currency Bank Transfers.

  • Improved and updated links to help documentation.

Support and other improvements

  • Sales & Purchase
    • Period field added to the default tab of Sales and Purchase Orders.
    • Contact account is now available as a source option for Purchase Order communications.
    • Delivery instructions now correctly populate from the address tab when creating a Sales Dispatch.
    • Fixed validation of billing/delivery addresses during document entry.
    • Intercompany details are now created correctly for recurring intercompany sale & purchase invoices.

  • Assets
    • Purchase invoices can now be unposted if the related asset has been uncapitalised.
    • Assets created via auto-capitalisation now correctly pull through Fund and Fund Type attribute values.
    • Account default settings for asset write-offs are now restricted to balance sheet accounts.
    • Updated tooltips on new asset creation.

  • Payments & receipts

    • Bank account drop-down list in Bulk payments now shown in correct order.

    • Improved naming of document types used in intercompany bulk payments and receipts.

    • Recent set of Direct Debit Instructions now shows the latest 50 created/edited.

    • Minor bug when processing payment with charges from the bank reconciliation screen.

    • Bulk amendments to payment dates now correctly update all relevant records.

    • Improved update timing for GoCardless Direct Debit status after activation.

    • Resolved UI colouring inconsistencies in receipt allocation.

    • Improved presentation and validation of the header amount in bulk receipts and refunds.


  • Accounts payable automation
    • Changing the legal entity on a registered document now correctly defaults the period to that of the selected entity.
    • Improved resolution of invoice dates.
    • Prepayment defaults now applied consistently.

  • FX
    • Rounding error resolved for FX realised amounts when converting Japanese Yen to GBP.
    • Fixed issue preventing FX realised automation from completing successfully in some scenarios.
    • FX revaluation process now uses the financial year group parameter correctly.

  • VAT & Tax
    • VAT returns now correctly post into the next open period when auto-correction is enabled on the document type.
    • Tax registration end dates are now correctly respected in VAT returns.
    • Fixed resolution of tax band when importing Cashbook deposits journals.
    • Added support for “many-to-one” Purchase-to-Sale tax code mappings in automations.
    • Partial Tax calculations now respect Tax Group effective and end dates.

  • Mobile App
    • Department selection now matches desktop behaviour, is mandatory only when configured, and the help text has been clarified.
    • Locked departments, and other posting attributes are no longer displayed in selection lists.
    • Push notifications for expense approvals now correctly show the name of the expense owner, rather than the person who submitted it.

  • Other items
    • Linked reversal documents now include the “Delete” option when the source document is abandoned.
    • Manual journals created by the Multi-Co automation can no longer be reversed manually.
    • Improved searching in dynamic accounts structures.
    • Fixed incorrect interco validation warnings on Multi-Co journals.
    • Abandoned cashbook transfers can now be deleted.
    • Locked grace periods now respect “Show Closed/Hide Closed” settings in the credit control screen.
    • Fixed an issue where multiple print jobs were queued when the preview button was clicked repeatedly.
    • Child project amounts now displayed correctly in the project tree.
    • Removed duplicate ‘Legacy ref’ column from the Departments finder.
    • Corrected spelling in the Document Series header.
    • Validation on billing schedules now correctly ignores the Date To field for specific date profiles.
    • Locked Custom Data Access Control values are no longer displayed to users for selection on document entry.
    • Currency marked as a required field on Bank Accounts.
    • Automated interco Purchase invoices now support domestic reverse charge.
    • Improved error messaging and user feedback on Financial Year deletion.
    • Shortcut icon to tasks removed from main menu.
    • Rejected workflow item notifications now appear in-app without requiring email setup.

  • Enquiries
    • Deferred Income Schedule enquiry now excludes reversed documents.
    • The Period Date To field in the Aged Debt enquiry is now marked as a required parameter.
    • Period filters in Budget enquiries now correctly restrict data to the selected period.
    • The Date From filter now applies correctly to the cashflow forecast.
    • Incorrect edit button has been removed from author enquiries.

  • Reports
    • Fixed an issue that prevented some receipt showing on the Customer Trading History report.
    • Improved performance on Profit & Loss and Balance Sheet reports.
    • Improved performance on Customer Statement: UK1 report.
    • Formatting issue resolved on addresses in report footers.

Tax authority updates

  • Romania: Support for EC Sales.
  • Jersey: Support for UK Tax Return with full rate coverage.
  • Zambia: New tax authority with full rate coverage.
  • Mauritius: New tax authority with full rate coverage.
  • Canada Nova Scotia: New HST Tax Rate at 14%.
  • Dubai (GB):
    • Support for Reverse Charge, ROW categories.
    • Support for Output services reversal, ROW categorises.
    • Support for Output goods reversal, PVA categories.

Interfaces

New or updated Bank Interfaces

  • HSBC Bulk Payment File.
  • Regions CSV Statement Import (No Sweep Activity).
  • Accountis Bulk CSV Bank Import.
  • Al Ahli International Batch Payment Export.
  • Handelsbanken UK BACS Bulk Payment Export.
  • HSBC MiVision Credit Card Statement Import.
  • AIB SEPA pain.008.001.08 Bulk Payments and Receipts.
  • Bank of Ireland pain.008.001.08 SEPA Bulk Payments.
  • HSBC UK FPS pain.001.001.03.

API Enhancements

Please refer to the API changelog for a full list of changes.

Coming Soon

AI Detect beta

We are excited to introduce our new AI Detect feature in iplicit, designed to transform manual accounting tasks into intelligent, automated workflows. This powerful feature improves invoice accuracy, speeds up processing, and strengthens fraud detection, helping your finance team work smarter, not harder.

The system automatically reviews purchase invoices and flags potential issues. It identifies duplicate invoices, highlights first-time supplier transactions, and detects invoices entered outside normal business hours. These checks help prevent errors, uncover unusual activity, and give you greater confidence in your accounts.

This feature will be made available to early adopters before the wider general release.