100.x.27.0

New Release for BC27

Table of Contents

Version 100.x.27.0 New features Improvements HotFixes 100.1.27.0 – 100.4.27.0 BugFix 100.5.27.0 BugFix 100.6.27.0 BugFix 100.7.27.0-100.8.27.0

Version 100.x.27.0

New features

  • A step-by-step guide for streamlined SOFT4Lessee installation. Find out more. 
  • Purchase Invoice functionality. If an invoice is marked for leases, the system now checks the amounts in purchase lines. There is also an option to generate invoices based on leases for the selected period. Find out more.
  • GL Preview / Intermediate Journal step. Users can configure whether all postings always go through the journal, or if they should be asked each time. After posting the journal, all relevant lease flags are updated. This works for activating leases, monthly posting, expirations, and terminations. Find out more.
  • Two new reports — Lease Liability and Right-of-Use. These reports are generated per lease and use an Excel layout, giving you flexibility to modify the format to your preferences. Find out more: Liability, RoU.
  • Interest calculations. You can now choose the formula used for interest calculation: “APR/12” or “Power(1 + APR, 1/12) – 1”. Find out more.
  • Calculate Interest Rate. When provided with repayment details and lease liability at commencement, SOFT4Lessee now calculates the APR for you. Find out more.
  • Approval workflows for lease modifications. When approval workflows are enabled, and the user has an assigned approver, any changes must be approved first. All changes to leases are logged as approval entry comments.

Improvements

  • Batch update. Batch processing now skips lines that have already been reviewed if no changes were made to them. This significantly speeds up uploads for large files. If fixes were made in the Batch window, re-uploading the file resets the batch.
  • Currency selection update. The system now picks only the currency factor. Previously, the issue was caused by the Currency FX “Fix Exch. Rate Amount Type” field being treated as “Both”.
  • Migration and Additional amounts. When importing leases, the system now checks that no additional RoU amounts are included, since these amounts are already part of the historical RoU asset cost. This reduces unwanted posting differences.

HotFixes 100.1.27.0 – 100.4.27.0

  • 100.1 - fix for Purchase Lines generation and report adjustments.
  • 100.2 - Fix for Purch Line Variance calculation and check for Vendor (required to check for PI generation) + fix for visibility issues because of permissions.
  • 100.3 - Broken Approval workflows due to event permissions.
  • 100.4 - General Journal not clearing up after being posted.

BugFix 100.5.27.0

  • New company Base package available via Lease Setup.
  • Workflows automatically created (not enabled) for Lease Modifications approvals.
  • Fixes for opening General Journal after S4L Posting operations.
  • Fixes for PI Lines opening not from PI.

BugFix 100.6.27.0

  • Lease No. in Fixed Asset List
  • Blocks for assigning different Fixed Asset No. to lease. Protects from having multiple FA assigned to lease but only 1 being depreciated.
  • Updates to FA Depreciation book calculations  - fixed bug with overwriting of Dates on Fixed Asset.
  • Recalculate bug if no Index is selected.
  • Batches - not applying correct Curr FX.
  • Fix for Batches - Get leases were broken.
  • Create Invoices - skip leases without Vendor.
  • Visibility updates for Schedules depending if lease is foreign currency or not.
  • Batch template - now pulls in your Lease Categories into the template.

BugFix 100.7.27.0-100.8.27.0

  • Update to Monthly posting - issue with multiple months for Lease not being posted in General Journal.
  • Mass Termination actions available from Lease Agreement List.
  • Fix for Payment schedule incorrect LCY amounts being shown.
  • Checks for Migration balances being filled and Fixed Asset amounts being taken.
  • Report fixes regarding some calculations.
  • Fixed Asset depreciation Start/End date calculation adjustments. More in line with Lease.
  • Sublease Currency check fix.
  • InherentPermissions for Event Subscribers - ability to run Journals without S4L Permissions.
  • Bugfix where activating lease via Journal would sometimes mark first month's payment as already posted.
  • Lease Schedules not updating Status when activated from Journal.
  • If posting to journal has issues - now it shows error count.
  • Lease now transfers its dimensions to Fixed Asset upon signing.
  • After extending expired lease - Next Payment Date updates accordingly to next month's due date.