Release Notes: Version 5.8.3 - New Features & Enhancements

Administrator Module

Financial Budgeting

Budget Type Recalc - Cost Centre Multi Select

Admin Users can now select multiple Cost Centres in the Cost Centre Selector, so that the recalc for a few Cost Centres can be run at one time.

Unticking “Recalc all Cost Centres” switch - multiple cost centres can be selected from the “Recalc for Cost Centre” drop down at the same time.

This functionality is now available for the following budget types:

•             Activity,

•             Allocation,

•             Remuneration,

•             Capex,

•             Itemised.


 

Previously this was only available on Member Remuneration.  

Member Category Status - Fiscal Set Specific

Financial > Member Remuneration > Category > Category Attribute tab

Member Category Status (Active/ Inactive) is now fiscal set specific and not company specific anymore.

So that when the Status is changed in one fiscal set, it only affects the status in that fiscal set.

The users will not be able to add, change or transfer employees to the inactive categories in that fiscal set. This includes bulk transfers.

 



Financial > Member Remuneration > Category > Category Status Access tab

Also, if a Category that has no Member Statuses assigned to it, then the users will not be able to add, change or transfer employees under such categories. This includes bulk transfers.


Member Status for “Category Status Access” tab is setup under Financial > Member Remuneration > Member Status.

Balance sheet and cash flow rules - Export added

Export button has been added to the Balance sheet and cash flow rules screen.


Project Budget Type - Admin Definable Codes

The admin user can now define codes for the Project items instead of the system defined codes.

The user can also edit the codes so that the previously assigned system codes could be amended.

The following Project items have been included:

•  Category


•  State


•  Type


•  Layout Profile - Columns


•  Layout Profile - Drop Down Options


Security - User Imports – Deny option added

The following Security - User Imports were updated to include the Access column, so that the user access can also be removed via the imports.

• User Company,

• User Layout Profile,

• User Asset Class.



Client Module

Financial Budgeting

Budget Uplift Feature

For Standard and Fixed budget types, the Budget Uplift Feature allows for a user to uplift an account with a specific percentage based on:

•  Source fiscal set specified – which can be Budget/Forecast Comparative 1 or 2. If the Source Fiscal Set is different to the Target Fiscal Set, then the ‘Uplift’ task will increase or decrease the selected Cost Centre Account values in the ‘Target Fiscal Set’ by the percentages specified, based on the values in the ‘Source Fiscal Set’. Capture "0" for no increase or decrease to the Source fiscal set values

•  The Current budget on the fiscal set. This will allow budget cuts (for example -5%) or increases on existing budgets.

Right-click on the Standard or Fixed account and select the “Uplift” option:


 For Manual spread factor the % can be set per month:


For any other Spread factor only Total % is available for capture:

Delay Depreciation Start Date

This enhancement allows for a delay in the start of the depreciation calculation.

When adding a new asset on Client, a new option “Start Depreciating Asset In” has been added to the right click menu.

 


If the asset is budgeted to be bought in July but only to start using in e.g. 2 months’ time, and thus only want to start depreciating the asset in September, then the user can select the below option.



In that way the Acquired Asset depreciation will only start calculating from September. 


Financial Budgeting and Reporting

Client Export - Selections Tab

Selecting Export Page button on client screens – the export file now has a “Dropdown Selections” tab that lists all selections from the header on top of the screen.

This is currently available only for Financial Budgeting and Financial Reporting modules and Budget type capture views. 


 

 

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