Release Notes: Version 5.8.4 - New Features & Enhancements

Administrator Module

Financial Budgeting module

Exchange Rate Actual - Spot Rates

A new feature has been introduced to support the use of month-end Spot exchange rates for Balance Sheet currency conversions.

This functionality provides a dedicated interface for recording exchange rates, ensuring accurate conversion of a company's actual financial values based on rates stored in the system. It serves as a configurable placeholder, designed to be utilized by technical consultants as required to meet specific client needs.

An actual year can now be selected from a dropdown menu to capture average or spot exchange rates:


 

Currency - Exchange Rate Actual Import Enhancements

Imports > Main > Currency > Exchange Rate Actual the currency exchange rate import functionality has been amended to include a new column titled "Exchange Rate Type":


Search Functionality added

Search boxes have been added to the following screens:

•             Main > Currency > Exchange Rate Recalculation - Fiscal Set:


•             Security > User - Financial Cost Centre – all four subtabs:


•             Tasks > Recurring Schedules - Fiscal Set:



Itemised - Optional Text Fields

Admin users can now activate itemised optional fields for free text capture, extending functionality beyond the existing Optional Field Parameters.

A new menu option “Optional Fields Text” is now available under Financial > Itemised:

Users can create a field for itemised optional field text capture:

 

A new import has been added to facilitate quick and efficient setup:

  

Percentage Reallocation Groups

This enhancement improves the categorisation and management of reallocation lines for easier maintenance.

A new menu option, “Percentage Reallocation Groups,” is now available under Financial > Percentage Reallocation.

Users can create and manage Percentage Reallocation groups at the company level. 

A new column, “Percentage Reallocation groups”, has been added to Financial > Percentage Reallocation > Percentage Reallocation listing screen:

The Percentage Reallocation screen now includes a “Percentage Reallocation Groups” dropdown, allowing users to select an applicable group.


 

A new import has been added to facilitate quick and efficient setup:


 

As well as a “Percentage Reallocation Group” column in the Percentage Reallocation import.

Integrated Fiscal Set - Save and Edit on Activity

In the previous release adding and editing for Cost Centre and Account Attributes in Integrated Fiscal Sets has been enhanced to apply across all fiscal sets within the setup.

This functionality has now been extended to include the Activity Budget Type.

•  For fiscal sets that are part of an Integrated Fiscal Set, adding and editing on Activity - Input and Global Assumptions in the admin module can now be done across all fiscal sets in the setup simultaneously

•  When selecting ‘Add New’ or ‘Edit’ for any Activity and Global Assumptions within an Integrated Fiscal Set, new Save and Delete buttons will appear in the button bar to support streamlined actions:



“Save Integrated” button has been added to the following screens if base or any future year integrated fiscal sets selected on top of the screen:

Main > Global Assumption > Global Assumption


Financial > Activity > Input

 


Financial > Activity > Category > Attribute tab only

 


 Add Category – a new category can now be cloned across all integrated sets:


Financial > Activity > Activity > Attribute and Category Access tabs only


  

Financial Modelling module

Financial Modelling Fiscal Set - Structure Selection and Sync

The Top-Down Financial Modelling Fiscal Set supports the selection of the account and cost centre structure to use for Top-Down Capture.

This structure selection capability has now been extended to the Assumption Based Fiscal Set.

A new “Default Structures” tab has been added to the Assumption Based Fiscal Sets, allowing admin users to select a default cost centre and account structures.

 

When logging into the client, the default structures will display as selected on admin.


  

Enhancements to Synchronization and Fiscal Set Linking

1. Targeted Synchronization for Default Structures

Synchronization is now restricted to accounts and cost centres within default structures linked to Top-Down and Assumption-Based Fiscal Sets.

• Only these accounts and cost centres will be set to zero before synchronization.

• Accounts within the default account structure will be assigned the Standard budget type.

• All other accounts will retain their original budget types and underlying budget data and values.

2. Expanded Fiscal Set Linking

A single Fiscal Set can now be designated as a destination linked fiscal set across multiple Financial Modelling sets.

•  Previously, each Fiscal Set could only sync from one Financial Modelling set.

• This update enables users to configure multiple Financial Modelling Assumption and Top-Down sets, each updating distinct cost centre and account structures.

3. Improved Budget Type Flexibility

With structure filters in place, users can now utilize normal budget type functionality (e.g., for Activity or Members) within the same destination Fiscal Set, while maintaining control over account-specific updates.


   

Client Module

Financial Budgeting module

Update to “Cost Centre - Account Allocation” Button

Selecting “Cost Centre – Account Allocation” button:

• The “Account Type” dropdown has been replaced with the “Account Structure” dropdown.

• Now, only accounts assigned to the selected account structure will appear in the Grant – Revoke boxes.

 


Itemised - Optional Text Fields

Admin users can now activate itemised optional fields for free text capture, extending functionality beyond the existing Optional Field Parameters.

If setup on admin, up to five Optional Field Parameter dropdown boxes and/or free text capture fields can be added to the Itemised screen on client.

  

Sales Planning and Reporting modules

Client Export - Selections Tab

An enhancement to the Export Page functionality has been added across client screens. With this update, the exported file now includes a dedicated “Dropdown Selections” tab, which conveniently lists all selections made from the header at the top of the screen.

This new feature has been extended to the following modules:

• Sales Planning

• Sales Reporting

Including:

• Budget type capture views

• Drill down.

 


 

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