Latest from Financials

Simplified Workflow Rules Configuration

• Use this feature to create workflow rules for Payables Invoice Approvals and GL Journal approval using spreadsheets

• Prevent Invoice Payments When There Are Insufficient Funds

  • Budgetary control validation has been added to payment processing requests. You can now set it that Payables Invoices are only paid when there is available funds in the cash control budget.

• Payment Approval Based on Payment Process Request Total Amount

  • Define approval rules based on the total amount in a payment process request.

• Expenses – Allocation Line-Level Split with Multiple Selections

  • It’s now possible to allocate certain percentages/amounts to a project or expense account at line level when creating an expense report.

• Expenses – Prepaid Expense Entry

  • Employees can enter prepaid expenses in expense reports. This is where a company has paid travel expenses directly to a vendor before or after an employee entered an expense report. This allows organisations to accurately allocate these expenses.

• Receivables – Portal Upload as a Delivery Method for Customer Transactions

  • Now when issuing a transaction to a customer there is the ability to choose ‘portal’ as the preferred delivery method. This supports transactions being uploaded to a supplier portal or external system.