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New reports added that exclude zero amounts. These include the
trial balances, debtor and creditor age analysis reports.
From the reports drop down menu select button, select the report that
indicates excluding 0 (excl 0).
Additional non zero reports will be added on request.
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Rounding basis in SQL now uses "Bankers Rounding". For an
explanation of this method of rounding visit
www.orionsoftware.com or the
corresponding newsletter.
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Journals can now be processed to the Sales Taxes control
account but are limited to only consisting of Sales Tax GL accounts. This has
been introduced to allow for the setting-off of sales tax amounts to a control
account (normally on a monthly basis) to group the total sales tax amount
owing/owed in a single GL account.
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Cashbook transactions can now be posted to the Sales Taxes
control account. This facilitates point 3 and is used to process the actual
sales tax amount paid or refunded.
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Journals can be posted to GL accounts that control Sales
Taxes. This is useful when adjustments need to be made to a Sales Tax account.
This is controlled by the "Sales Taxes" setting in the properties for GL
transactions. If this setting = Ignore, then the journal will be allowed; if
setting = "Warn", a warning box warns you that the journal will appear as an
adjustment on the sales tax summary, and if setting = "Stop", the transaction
will not be allowed.
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The View Sales Tax Summary option now has an Adjustments tab
that will display any adjustments posted as per point 5 above. This ensures
that the Sales Tax Summary report always balances to the Sales Tax
transactions and that a full audit trail is maintained.
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The Administrator module now has an option under Tools called
"Merge retained income" that is used to merge multiple retained income
accounts that might have resulted through an initial take on or by a data
conversion process. This transaction will automatically contra the Retained
Income account set in the properties and a nominated account. Note that this
transaction can be posted to prior fiscal periods and can be deleted, but not
edited (for security reasons).
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Another addition to the Administrator module; A new option to
upgrade data-sets has been added in the Tools menu called "Upgrade..."
This option will allow you to select all or multiple data sets to upgrade
after completing a web update, as opposed to opening each data set manually to
initiate the upgrade.
