Journal Entry

  • G/L > Journal Entry +: We have included the option to add a digital asset for manual journal entries. If you would like to add an attachment to a journal entry, simply go to the journal entry manually created and click on the clip icon on the top right corner. A window will pop-up where you can choose and upload the file:
  • G/L > Journal Entry +: a new functionality has been added to create recurring manual Journal Entries - JEs that will need to be created multiple times at equal intervals. Check our GL Guide for additional information.

Reports

  • G/L > Reports > P&L > Annual: New options to subtotal by GL Pool or Summary Accounts have been added to this report. Xls format has been enhanced to print in additional columns GL Pool and/or Summary Accounts linked to the GL Accounts (if any).
  • G/L > Reports > P&L > Annual: P&L can also be printed now per quarters/year, as opposed to current per month/year.
  • G/L > Reports > Mgmt Income Stms > All Formats: All of the selection list boxes are modified to list all the active values first. The inactive values are moved to the bottom of the list boxes with an asterisk (*) to denote each value is inactive.
  • G/L > Reports > Mgmt Income Stms > All Formats: All formats are enhanced with 3 options to "Exclude...Overhead, Other Income or Other Expenses". When any of these options are selected, the report will exclude any Mgmt Income Stmt related transactions for the selected account types. This includes billings, write-offs, or direct labor (time) for items associated with each selected account type. These reports will still always exclude any job charges from internal jobs or other non-job related transactions.
  • G/L > Reports > Mgmt Income Stms > All Formats: If office is selected from dropdown, an additional optional checkbox ‘Use Office Overhead calculation’ will allow you to allocate overhead based on the selected office.
  • G/L > Reports > Mgmt Income Stms > Summary (Landscape): An option is added to print the Job Label 1 format by GL Acct. Also all the list boxes are changed to show the active values first, followed by the starred inactive values.
  • GL > Reports > Mgmt Inc Stmts > Summary (Landscape): For agency databases with multiple companies, an option is added to consolidate any of the Summary (Landscape) formats for two or more companies. When consolidating companies with different currencies, the posting currency for each company is shown with the ability to override the defaulted exchange rates. This report will automatically consolidate as the posting currency for the company selected at the top of the reporting selection window.
  • G/L > Reports > Transaction Journal: Additional options have been added to this report. Now specific GL account number or Account types can be selected when generating the report.
  • G/L > Reports > Tax: This report offers now option to not include invoices with no tax, or zero dollar invoices.

GL Setup

  • G/L > Setup > GL Accounts: We have added a control where the location of a GL account cannot be changed if that GL account has been used somewhere in the system. This will maintain data integrity within different companies in the same database. For the same purpose of data integrity, a control has been added so that GL accounts that have been used in the system cannot be edited to change their account type or their source currency.

GL Admin

  • G/L > Admin > Revaluation: An enhancement to the Revaluation functionality has been added, allowing now to select specific accounts to be used when running this process -as opposed to selecting ALL - and providing option to select either the pre-defined FX account or a different FX.