The reconciliation of accounts of type cash on hand is now a mandatory requirement when preparing:
- ASIC Form 5602
- ASIC Form 5603
- AFSA Form 2, and
- the Business Activity Statement,
A red warning will be given where previously an amber warning was given.
When deleting an unreconciled transaction the system gives an amber warning if the transaction is dated prior to an existing reconcilation. The system now reports the date of the most recent reconciliation in the warning message.
When the option to create an accrual is ticked at the end of the BAS wizard, instead of posting the rounded down GST amount to the GST paid/received account, the system now posts the whole amount to the GST paid received account and the rounded fraction to a new GST rounding costs of realisation account. This means that the GST control account will balance to zero.
The BAS document ID has been added to the BAS Summary output report.
The creditor import spreadsheet now contains a field for importing a memo to the creditor.
There is now a default tick box in the account properties for unsecured creditors. Only one unsecured account can be the default and this account will be selected as the default option when adding or importing creditors.
The summary invoice output for pre-appointment debtor invoices will now display the contents of any memo that is entered into the asset record.
If an external document management system is integrated with insolvency, you now have the ability to scan existing documents under management for upload to the external system. This functionality is accessed via job settings. There is a scan button next to the "Enable external DMS" checkbox in job settings.
Email signatures can now be added to emails generated by the application.
The system control for date selection has been updated to provide a higher contrast between the text and background colour. Changes made in Windows 10 had made it harder to read certain aspects of the control.
The ability to enter non-super salary sacrifice has been added to the pay wages function. A wages expense account can be flagged as Salary Sacrifice (other) to enable this functionality.
Superannuation - the SGC calculation is now calculated on taxable wages plus any salary sacrificed amounts. For further information click here.
When using the pay wages functionality tax relating to study or training loans is automatically calculated and added to the tax withheld from the employee's wages.
When wages are paid to employees, each payment transaction will now report in the receipts and payments detail listing (eg F5602 Detailed R&P) as the net amount paid to the employee rather than the previous situation where the gross wages were reported as a payment with the withholding amounts reporting as a negative payment. This change was made so that wages payments report consistently with employee dividend payments. This change will only apply to new payments entered after the version is upgraded. There is also the ability to flag an existing payment as an employee wages payment on the advanced toolbar of the payment screen if required.
Also added to the advanced toolbar of payments is 'Is dividend/wages reissue'. If you did a reversal of a wages transaction manually, then you could flag it as such and it will report the transaction net of withholdings the same as the flag Is employee wages payment does for a normal payment.
When a trading employee is converted to a priority creditor, the employee will default to being FEG eligible if they are not a director of the company.
A practice filter has been added into the Documents awaiting lodgement section of the homepage.
The appointment metrics home page view has been amended to remove a superfluous column.
Make supplier payment - receive debtor payment
When receiving or making a payment using this function, the invoices list can now be sorted by date or invoice number or amount to make it easier to locate invoices for selection.
Receipt Entry - Asset Capture.
A separate security action Receipts - Add cash at bank/on hand has been added. This action will be granted by default to all users who currently have the Receipts - Add permission. This has been added to prevent the need for users to have the receipts - add permission when capturing cash at bank and cash on hand assets.
New replace fields:
[RF_APPOINTEE_MYSELF_OURSELF] (returns myself/ourself) and [RF_APPOINTEE_MYSELF_OURSELVES] (returns myself/ourselves).
[RF_LAST_AAR_EAR_LODGED_DATE] returns the date of the last annual or end of administration return.
The EXT codes all relate to external appointee information (if entered).
Data Fields added to job reports and practice reports
Receipts and Payments Request (A4) reports - The job short name has been added to the data source (DataField : shortname)
Creditors Address Listing Report - The creditor portal code has been added to the data source (DataField: PortalCode)
The Job Detail Listing Report - Now includes the document management path for each job. (DataField: JobDocumentFolder)
The Debtor Contribution Summary and Detail reports - Now contains datasources for the CAP start and end dates. (DataFields: CAPStartDate CAPEndDate)
"Active job listing by anniversary month" has been added to the practice reports.
Additional recipients have been added into the creditor address listing report
The fees approved versus fees incurred report can now be run from within a job. Previously it could only be run from the practice.
Single Touch Payroll
Three new STP submission options have been added to the existing submit and and full year final submit:
- Current year update. This option permits you to submit an update of existing YTD data. This option should be chosen where existing payroll data has been amended and you want to submit the updated data to the ATO.
- Previous year update. This option permits you to submit an update of a prior financial year's data. This option should be chosen where existing payroll data for a prior year has been amended and you want to submit the updated data to the ATO.
- Zero submit. This option should be used where you have submitted STP data using an incorrect CAC. Before changing the CAC in the system, do a zero submit with the existing CAC. This will submit all employee data with zero values for the current CAC. You can then change the CAC in corporate information and do a new full year (non-final) submit using the correct CAC.
Validation added to STP submit - the date of payment must be in the same financial year as the end date of the payroll period
Resubmit STP as New
Our Digital Service Provider MYOB has added a new submission parameter which accepts the ABN of the business to which the payroll submission applies. MYOB has advised us that this should resolve the issue some clients have been experiencing when lodging STP as an intermediary, especially in R&M cases.
When a submission has been returned from the ATO with an error there is an option to resubmit the existing submission. In rare cases, after resubmitting, the ATO has returned an error indicating that they could not locate the existing submission. STP now has an option to submit the existing submission as a new submission.
Employee STP Payment Summary Listing
The Employee STP Payment Summary Listing report can now be run from within an employee wages batch. When run from that location, the report will only report on payments within the batch.
STP Flag as do not submit
If a STP batch is in an error state, you now have the option to flag the batch as do not submit via a popup menu click on the STP batch register.
STP Message ID
The message ID of the STP submission is now displayed in the inputs section of the STP form. This number may be requested by product support in the event of an issue with the submission.