We would appreciate your feedback on the new features of the AccountingSuite.

Cloud version and demobase were updated. Please download on-premise update packages from your ACS Portal Downloads Tab.

Please do clear cache for all your users after update. It would help in most issues after update.

https://accountingsuite.io/docs/install-updates-and-patches/#clearing-cache-after-system-or-platform-updates

Major changes:

• Enhancements in the Payroll module, including hourly- and weekly-based payments, as well as support for sick leave, maternity leave, vacation, and enforcement writs https://accountingsuite.io/docs/payroll-overview/
• Multiple improvement in the Projects & Time module: Job Costing. Master Project – Phases – Jobs hierarchy, Kanban Projects Dashboard, and Project Financial Report improvements https://accountingsuite.io/docs/projects-jobs/
• New report Project Turnovers with Opening balance/Closing balance for partial period of projects https://accountingsuite.io/docs/project-turnovers/
• The list of documents whose tabular sections can be imported using the Data Import Tool has been significantly expanded https://accountingsuite.io/docs/importing-documents/
• Enhancements in the Bank Reconciliation for Outstanding Checks control https://accountingsuite.io/docs/handling-outstanding-checks/

Other modules:

• New Refresh button in the Bank Reconciliation document, that updates balances for an existing reconciliation document.
• Added Check Reference Date and Check Number fields to the General Journal to provide additional tracking opportunities.
• The balancing account for any unbalanced posting is now set to Ask Accounting Professional (set in the Accounting Settings). Previously, the system used the Exchange Gain and Loss account, which could cause confusion.

Bug fixes:

• Fixed calculation issues in Warehouse Transfer documents for items using the FIFO costing method.
• Fixed an issue affecting Inventory Adjustments for items with serial numbers.
• Added the ability to sort transactions by date within the Companies list.

New article in the Knowledge base:

• FTA UAE Certificate https://accountingsuite.io/docs/fta-uae-certificate/
• Corporate Tax Return (UAE) https://accountingsuite.io/docs/corporate-tax-return-uae/
• BIR CAS-Ready Accounting Software for the Philippines https://accountingsuite.io/docs/bir-cas-ready-accounting-software-for-the-philippines/
• E-Invoicing/EIS for Philippines https://accountingsuite.io/docs/e-invoicing-eis-for-philippines/
• E-Invoicing in Thailand https://accountingsuite.io/docs/e-invoicing-in-thailand/
• Handling Outstanding Checks https://accountingsuite.io/docs/handling-outstanding-checks/
• Batch Configuration Upgrade https://accountingsuite.io/docs/batch-configuration-upgrade/

Soon in AccountingSuite:

• WHT Adjustment and Other Tax Adjustment documents
• Print forms in two currencies (original + delault) in columns
• Payroll Phase 3. Deduction (like WHT or Personal income tax) applied at the payroll payment
• Multiple Charactetistics available for Items
• Items with Lot and S\N at the same time
• New Check Encashment document to multi-lines conversion and closing the Outstanding Checks from Bank Account
• Asset. Revaluation & Modernization
• QR Labels for Fixed Assets
• ACS Extension Marketplace
• CRM Event Calendar
• e-Invoicing for Rwanda and UAE

We are pleased to announce new version of AccountingSuite 2.26.7 has been released
What's new
https://accountingsuite.io/release-notes/

We would appreciate your feedback on the new features of the AccountingSuite.

Cloud version and demobase were updated. Please download on-premise update packages from your ACS Portal Downloads Tab.

Please do clear cache for all your users after update. It would help in most issues after update.

https://accountingsuite.io/docs/install-updates-and-patches/#clearing-cache-after-system-or-platform-updates

Major changes:

• Period Closing feature: the Use Accelerated Reposting Mode option for sequence restoring to improve the performance of document reposting https://accountingsuite.io/docs/period-closing/#sequence-control
• Period Closing feature: the Ignore Reposting Errors Mode option to skip the failed documents when restoring the sequence and provide an Event Log link for review and correction https://accountingsuite.io/docs/period-closing/#sequence-control

Other modules:

• New option in the documents numbering settings to prohibit repeating numbers https://accountingsuite.io/docs/admin-panel-tools/#document-numbering
• Access Group can be imported/exported from file https://accountingsuite.io/docs/access-groups-and-profiles/#accessgroup-import-export

Bug fixes:

• Corrected incorrect batch costs that occurred when multiple documents with batch write-offs were posted on the same day
• Resolved a problem with the posting sequence of purchase and sales documents created on the same day in incorrect time order
• Fixed an issue where an Inventory Adjustment with multiple line items resulted in negative stock
• New clear message displaying the number of the non-posting G/L account effected by the entry
• Fixed an issue where a credit memo used the Exchange Loss account for the posting difference.
• Fixed a bug with recurring documents created by schedule.
• Updated the General Journal Voucher print form to start with the Debit lines and then the Credit lines.
• Added text representation for currency units in plural form for 21, 31 and others with 1.

New article in the Knowledge base:

• COGS calculation https://accountingsuite.io/docs/cost-of-goods-sold-calculation/

Soon in AccountingSuite:

• Payroll. Hourly/Weekly based payment
• Payroll. Sick Leave / Maternity Leave / Vacation / Write of execution
• DIT. Import Transactions for all documents for import historical data
• Job Costing. Master Project - Phases - Jobs hierarchy, Kanban Projects Dashboard, and Project Financial Report improvements
• WHT Adjustment and Other Tax Adjustment documents

We would appreciate your feedback on the new features of the AccountingSuite.

Cloud version and demobase were updated. Please download on-premise update packages from your ACS Portal Downloads Tab.

Please do clear cache for all your users after update. It would help in most issues after update.

https://accountingsuite.io/docs/install-updates-and-patches/#clearing-cache-after-system-or-platform-updates

Major changes:

• New Department dimension for G/L, reports and Record Level Security (RLS) like Class was https://accountingsuite.io/docs/departments/
• Data Import Tool for Sales Order, Sales Invoice, Purchase Order, Bill https://accountingsuite.io/docs/importing-documents/
• Outstanding checks support with Check/Ref Number and Date in all payment documents. Bank reconciliation can shift the date for outstanding checks https://accountingsuite.io/docs/bank-reconciliations/

Other modules:

• Dedicated G/L accounts can be configured for withholding tax (WHT) rates, including cases where the tax is charged at the time of payment. The dimension Tax rate will be filled in for upon payment method in the one common WHT account to separate the WHT https://accountingsuite.io/docs/tax-settings/#taxglaccounts
• Default Inventory costing method can be set in the Inventory Settings for all new Items https://accountingsuite.io/docs/inventory-settings/
• Class filled from the Bank account card for payment documents if it is empty after User.Person.Class filling
• Warehouse transfer doc can be generated from Bill, Item Receipt and other preceding documents https://accountingsuite.io/docs/warehouse-transfers/
• In the Budget vs Actual report, leaving the Class field blank means no class filter is applied. Figures will include transactions assigned to any class as well as those with no Class https://accountingsuite.io/docs/budget-vs-actual/
• The Budget vs Actual report will work with new Department dimension
• Information in the Error Message text when default posting G/L account not filled in, what the missing account is

Bug fixes:

• Sales report showed empty values in the chart
• WHT register includes actual tax base
• WHT report includes Apply Customer / Vendor credits documents
• Incorrect calculation of Beginning balances in the General Ledger report fix
• Resolved issues affecting data uploads to Data Import Tool, where data could fail to load or column mappings were configured incorrectly

Soon in AccountingSuite:

• Payroll. Hourly/Weekly based payment
• Payroll. Sick Leave / Maternity Leave / Vacation / Write of execution
• DIT. Import Transactions for all documents for import historical data
• Common Check ref num settings for documents to prohibit repeating numbers
• Job Costing. Master Project – Phases – Jobs hierarchy, Kanban Projects Dashboard, and Project Financial Report improvements
• WHT Adjustment and Other Tax Adjustment documents

New articles in the Knowledge base:

• Accounting by Department, Classes, Projects comparison https://accountingsuite.io/docs/accounting-by-dept-class-project/
• How to Settle Mutual Debts Customer and Vendor https://accountingsuite.io/docs/how-to-settle-mutual-debts-customer-and-vendor/