Release Notes: Version 5.5.4 - New Features & Enhancements
Administrator Module
Financial Budgeting
Capture Currency - Standard budget type
Capture Currency functionality was added for the Standard budget type accounts.
The Capture Currency selected will become the initial currency displayed against the account when the ‘Capture Currency’ view is selected in Client.
Main > Currency > Exchange Rate
Admin users can indicate which currencies are
applicable to Standard Budget Type by selecting the appropriate switch.
When the user runs the Exchange rate recalc, the system will the Capture Currency unchanged, and recalculate all other currencies based on the exchange rate.
Imports – Financial - Cost Centre Account Value
When the Admin user import Standard budget type accounts using this import template, the specified currency will be recorded in the database as the “Capture Currency”:
Member Position – Layout Profile Column
Member Layout Profile column has been added to
the system to display the Position/s occupied by a Member in the last period of
a fiscal set.
Selecting “Add” under Profiles > Layout
Profile > Layout Profile > Columns > Type > Member:
Member Formatting
This enhancement allows the admin user to
define the following formatting for a Member Category at a Member Component
level: Border, Font, Font Style, Font Colour, Background Colour, Indent
Character and Symbol and a Blank row below.
Select + Formatting for the Formatting section to expand.
“Category Component Currency” import and Fast
Track Import – “Category/Component Currency” were updated accordingly to
include the formatting columns.
See end result in the Client section.
Financial Reporting
Budgeted Asset Reconciliation
This enhancement adds the new functionality to
the Financial Reporting Enterprise module to allow users to link Journals to
assets budgeted for in the Financial Budgeting Enterprise module’s Capex 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.
This development provides generic R&A
export templates which are void of any particular formatting or ERP-specific
layout.
These templates can then be used by clients
immediately to export R&A data from IDU, which then can be formatted to
match client’s ERP import requirements.
Under Financial > Reporting > Recodes
and Accruals ‘Default’ option is now available in ‘Export File Format’ dropdown
box:
Selecting the “Default” option – on Requested and Processed tabs the export file will be available in the following format:
Client Module
Financial Budgeting
Capture Currency - Standard budget type
Currency column and a Currency toggle
button were added to the screen to allow
capturing account values in different currencies.
By default, the Cost Centre / Company currency
screen will be loaded (unless switch ‘CA – Default to Capture Currency in Budget
Type Capture View’ selected in Admin) which will display the currency values
for the currency selected in the dropdown in the header i.e., either cost
centre or company currency.
These currency values represent the values posted to the cost centre and account selected and are converted from the capture currency, based on the setup currency conversion.
When selecting the Capture Currency button the screen will display each account with the Currency values in which the account was captured, which may result in different accounts displaying values in different currencies.
Member Position – Layout Profile Column
Member Layout Profile column has been added to
the system to display the Position/s occupied by a Member in the last period of
a fiscal set.
If column ‘P01 - Position (Last Fiscal Period
Position/s)’ has been included in the Member Layout Profile, then it will be
used to display the Position/s assigned to each member, in the last fiscal
period of each fiscal set:
Budget Type Capture View
Member Layout Profile View
If more than 1 position is assigned to a
Member in the last fiscal period, then a comma separated list of Positions
assigned to the Member will be displayed:
Member Formatting
Formatting is now available for Member
Components as setup in admin module:
Financial Reporting
Budgeted Asset Reconciliation
This enhancement adds the new functionality to
the Financial Reporting Enterprise module to allow users to link Journals to
assets budgeted for in the Financial Budgeting Enterprise module’s Capex Budget
Type.
Viewing the Journals for an Asset Posting
Fixed account linked to a Value Entry Asset Class/es:
On the ‘Values’ tab, select the hyperlink on a Journal Value:
The user can link multiple budgeted assets to 1 Journal (by ticking multiple Assets against the same Journal) and also can link 1 budgeted asset to multiple Journals (by ticking the same budgeted asset against more than 1 Journal).
This means that a budgeted asset 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.
