Monday, January 4, 2010

New Features in 2010 Updates (Part One)

The Updates currently being implemented with our customers pack quite a punch.  Many of the users going through the update process have asked what to expect.  Here are a bunch of the features in the new releases.

These advancements have been made to all programs.
1. Session Tracking - When you log in, your transactions will be tagged with a session number.  This makes balancing across days a breeze.
2. Advanced Terminal Balancing Reports - Summary and Detail versions with advanced logic for credits, writeoffs, reversals and more.
3. Improved Accounting Interface - Easy balance and export AR and Payments.  The improvement is in your control to mark items as balanced prior to release by session.  You can even insert the Effective date of the transaction in the export file if you prefer.
4. Overall form layout.  Almost all items are in the same place for your comfort and new fields and cosmetic touches have made your ease of use improve.
5. Adjustments - The preadjustment process has been improved to offer the user even more control, notes per adjustment and expanded calculation methods.
6. Payment Reversals - This process has been refinded to expand notes, reprintable copies and more. It can even apply or remove a credit from an account if reversed.
7. Tran Codes with greater AR control.  Each segment (base amount, penalty, interest, etc.) can be assigned individual gl account numbers for absolute user control.
8. Timer - Expanded to 3 hours for your convenience and it resets with movement of the mouse in the program.
8. Inline Monthly Penalty and Interest - This is a major feature that many users will want to use.  Currently if you want monthly penalty or interest you have to spawn a transaction.  Now with a couple of clicks you can set up a tran code to generate a monthly penalty and / or interest charge and have it displayed in the penalty and interest columns of that charge.  This means that effect dating will work and makes it easy to add or remove the amounts.


There are many more advancements that we will include in the next article.

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