Release Notes: Version 5.5.3 - New Features & Enhancements

Administrator Module

Financial Budgeting

Activity Reallocation Category to Category

This enhancement allows an Input value in one Category to update an Input (or a Global Assumption) in a different Category.


Main > Global Assumption > Global Assumption

Reallocation column has been added to the Global Assumption screen to indicate which Global Assumption can be selected for Reallocation.



Financial > Activity > Input

Reallocation column has been added to the Input screen to indicate which Input can be setup as Activity Reallocation.

Reallocation menu section has been added under Financial > Activity.

The Destination can be set as an Input or a Global Assumption.


Only Activity type is available as a Source for Activity Reallocation at the moment.


Select required destination parameters on the destination tab for the Input type Reallocation:


Only one selection is available on the same screen for the Global Assumption type reallocation:


Activity Reallocation Imports

The following imports have been added for Activity Reallocation:


Activity Reallocation Reports

The following reports have been added for Activity Reallocation:



Financial Reporting

Budgeted Item Reconciliation - Itemised

This enhancement adds the new functionality to the Financial Reporting Enterprise module to allow users to link Journals to items budgeted for in the Financial Budgeting Enterprise module’s Itemised Budget Type.

If the Company has been licensed for both the Financial Budgeting Enterprise module (module 21) and the Financial Reporting Enterprise module (module 22) then the below Import and Export will become available.




Client Module

Dashboard – Charts

Switch BC applied to charts

If switch BC “Allow capture of balance sheet closing balances” is selected in admin for Financial Budgeting or Financial Reporting module – it will be also applied to charts when the balance sheet accounts are selected.

Switch BC selected on admin:


Switch BC not selected:


 Financial Budgeting

Activity Reallocation Category to Category

This enhancement allows an Input value in one Category to update an Input (or a Global Assumption) in a different Category.

In the below example, the source inputs “Subsistence” and “Car Hire” in “Activity – Travel” category are reallocated to the “Entertainment” Input under “Entertainment” category.

An expander is displayed next to the Destination Input.

When the user expands this row, the Source Input and Cost Centre details are displayed.

Destination input will be greyed out and not available for capture.


Financial Reporting

Budgeted Item Reconciliation - Itemised

This enhancement adds the new functionality to the Financial Reporting Enterprise module to allow users to link Journals to items budgeted for in the Financial Budgeting Enterprise module’s Itemised Budget Type.

Viewing the Journals for an Itemised account:


 On the ‘Values’ tab, select the hyperlink on a Journal Value:



The user can link multiple budgeted Items to 1 Journal (by ticking multiple Items against the same Journal) and also can link 1 budgeted Item to multiple Journals (by ticking the same budgeted Item against more than 1 Journal).

This means that a budgeted Item will not be removed from the grid if it has already been linked to other Journals in the Financial Reporting module.


In the ‘Linked Journal ID’ column, if a Budgeted Item has been linked to a Journal, the Journal ID will be displayed against the Budgeted Item.

If more than 1 Journal has been linked to the same Budgeted Item, a comma separated list of Journal ID’s will be displayed.

If no Journal has been linked to a Budgeted Item, the field will be blank.

The following reports were added to the Financial reporting – Cost Centre and Summary Views.




 

 

 

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