System Manager

Now the System Manager have the ability to enter taxes on entries in Bank Reconciliation, ability to download statement in OFX 2.0 format, and support for reversing both the payment/receipt and the invoice when reversing/returning a cheque.

General Ledger

• Account Rollup now available in GL.
• New revaluation methods is applied to meet the International Foreign Exchange Reporting Standard for GAAP for exchange gain/losses.
• Allow multiple users to enter entries in the same batch.

Accounts Payable

• Accounts Payable now has the ability to enter advanced credits similar with the feature that already available in Accounts Receivable.
• Now support for reversing both the payment and the invoice when reversing a miscellaneous payment.
• Ability to specify GL accounts in distribution sets instead of distribution codes.
• Ability to specify job information (contract, project, category, and resource) on recurring payables, also the recurring payables has been enhanced with: track posted vs unposted invoices, support generating 'n times', support one-off generation of invoice
  Add default detail tax class to Vendors, Vendor Groups.
• Add Sage FAS integration in Invoice Entry/Posting.
• Some reports enhancement in Aged/Overdue Payables and Aged Cash Requirements reports, Vendor Transactions report, and Aged Retainage report.

Accounts Receivable

• Now support for reversing both the payment and the invoice when reversing a miscellaneous payment.
• Ability to specify by customer whether the customer allows backordered quantities.
• Ability to specify job information (contract, project, category, and resource) on recurring charges.
• Add default detail tax class to Customers, Customer Groups, Ship-To Locations
• Some reports enhancement in Aged Trial Balance report, Customer Transactions report, and Aged Retainage report.