What's New - Version 7.0.1

Release Date : 07 Feb 2022

1. Reimagine Customer Service

Go to Customer Card direct from CXO Control Tower with immediate visibility of

Month Wise Sales with Drill Down
Balance Outstanding
Detailed Customer Profile
Customer Group
Attachments (Credit Reports, Annual Accounts etc)
Phone Calls, Emails, Meetings & Tasks
Customer Complaint Status with Tracking
Contacts with Mobile Numbers and Email Addresses
Multi – Year Customer Ledger with Drill Down to Transactions
Email & WhatsApp direct from the Transactions
Opportunities and Activities
Salesman Follow up Details
Print or Save Customer Card

2. Reinvent Inventory Management

Go to Inventory (SKU) Card direct from CXO Control Tower with immediate visibility of

Stock in Hand with Lot Wise Details
Outstanding Sale Orders / Drill Down to SOs
Outstanding Purchase Orders / Drill Down to POs
Outstanding Manufacturing Order / Drill Down to MOs
All Stock Out Transactions / Drill Down to Sale D/Os, Sale Invoices, Purchase Returns
Opening Stock with Lot Wise Details
Purchase Price History / Drill Down to Purchase Invoices
Transfers to Factory / Drill Down to Issues and Issue Returns
Internal Consumption / Drill Down to Consumption Vouchers
Finished Goods Produced / Drill Down to FG Received Vouchers
Automatic Cost of Goods (COGS) / Sale Invoice Wise
Month Wise Purchases by Quantity & Amount / Drill Down to Purchase Invoices
Month Wise Sales by Quantity & Amount / Drill Down to Sale Invoices
Product Profile with Attribute & UDF Visibility
Attachments (Technical Specifications, Test Certificates etc)
Product Photo
Print or Save Stock Card

3.	Online Approval via WhatsApp
	Receive Documents in PDF via WhatsApp and simply Click on “Approve” Contra Voucher, GL Payment Voucher, GL Receipt Voucher, Journal Voucher Proforma Invoice / Quotation, Sale D/O, Customer Receipt, Customer Payment, Customer Debit Note & Customer Credit Note Purchase Order, Purchase D/O (GRN), Purchase Invoice, Vendor Payment, Vendor Receipt, Vendor Debit Note & Vendor Credit Note
	Here are the many benefits Approve documents on the go, direct from your mobile Automatic Push Notifications via WhatsApp Customizable WhatsApp Cover Notes No need to check emails View Documents exactly as Customer / Vendor will receive them Buttons Available : Approve / Keep Pending / Cancel & Reject
	Immediate Action Required Sign up for the FACT ERP.NG WhatsApp Value Added Service today!

4.	Send Documents via WhatsApp Direct from CXO Control Tower
	Send WhatsApp directly from FACT ERP.NG (create customized WhatsApp Cover Notes) Contra Voucher, GL Payment Voucher, GL Receipt Voucher & Journal Voucher Purchase D/O (GRN) & Purchase Invoice

5.	Send WhatsApp directly from Transactions via Web Cockpit
	Instantly WhatsApp direct from Web Cockpit (choose the Cover Note) Contra Voucher, GL Bank Payment, GL Bank Receipt & Journal Voucher Proforma Invoice, Sale D/O, Sale Invoice, Customer Receipt, Customer Payment, Customer Debit Note & Customer Credit Note Purchase Order, Purchase D/O (GRN), Purchase Invoice, Vendor Payment, Vendor Receipt, Vendor Debit Note & Vendor Credit Note

6.	Online Approvals from Web Cockpit
	Approve direct from Web Cockpit (Options: Approve, Keep Pending, Cancel/Reject) Contra Voucher, GL Bank Payment, GL Bank Receipt & Journal Voucher Proforma Invoice, Sale Order, Sale D/O, Sale Invoice, Sale Return, Customer Receipt, Customer Payment, Customer Debit Note, Customer Credit Note & Customer Party Journal Purchase Indent / Requisition, Purchase Order, Purchase D/O (GRN), Purchase Invoice, Purchase Return, Vendor Payment, Vendor Receipt, Vendor Debit Note, Vendor Credit Note & Vendor Party Journal Production Issue, Finished Goods Received, Stock Adjustment & Stock Transfer

7.	Multi Year Sales Invoices Direct from CXO Control Tower
	See Multi Year Invoices (with Drill Down) direct from Sale Invoice Purchase Invoice

8.	Goods-in-Transit Control in Stock Transfer
	New Option to Track Goods-in-Transit via New “Transit Warehouse” in Stock Transfer Activate Transit Warehouse via System Controls Select Transit Warehouse in Stock Transfer Instantly view full details of all Goods in Transit

9.	Document Class in Web Cockpit
	Now visible in Employee Card Contra Voucher & Dishonoured Cheque Proforma Invoice, Sale Order, Sale D/O, Sale Invoice, Sale Return, Customer Payment, Customer Receipt, Customer Debit Note & Customer Credit Note Purchase Indent / Requisition, Purchase Inward Quotation, Purchase Order, Purchase D/O (GRN), Purchase Invoice, Purchase Return, Vendor Payment, Vendor Receipt, Vendor Debit Note & Vendor Credit Note Manufacturing Order, Production Issue, Production Issue Return, Consumption Issue & Finished Goods Received

10.	Product Additional Description in Web Cockpit
	Now visible in Proforma Invoice, Sale Order, Sale D/O, Sale Invoice & Sale Return Purchase Indent / Requisition, Purchase Inward Quotation, Purchase Order, Purchase D/O (GRN), Purchase Invoice & Purchase Return

11.	Yet More Visibility in Purchase Order Card in Web Cockpit
	Now visible in Purchase Order for easier linking Purchase Indent Number Purchase Indent Date

12.	Auto Journal (Posting Details) in Web Cockpit
	Now visible in Sale Invoice & Sale Return Purchase Invoice & Purchase Return Consumption Issue

13.	General Ledger Card in Web Cockpit
	Now visible when you click on any General Ledger Code General Ledger Card

14.	Batch Wise Stock Ledger with Search in Web Cockpit
	Batch Wise Stock Ledger much easier to use with Search Batch Number

15.	More Power in Proforma Invoice / Quotation in Web Cockpit
	New Columns make Proforma Invoice / Quotation very powerful Customer Code Customer Name Maker Valid Upto

16.	More Power in Online Approvals for Sales in Web Cockpit
	Much easier to locate Sales transactions and Approve them with Customer Code Customer Name Maker
	Available in Sale Order, Sale D/O, Sale Invoice, Customer Receipt/Payment, Customer Party Journal, Customer Debit Note, Customer Credit Note, Disposal (Sale) of Assets, Sale Return, Stock Transfer

17.	More Power in Online Approvals for Purchases in Web Cockpit
	Much easier to locate Purchase transactions and Approve them with Vendor Code Vendor Name Maker
	Available in Purchase Indent / Requisition, Purchase Order, Purchase Invoice, Purchase D/O (GRN), Vendor Party Journal, Vendor Payment, Vendor Receipt, Purchase Return, Vendor Debit Note, Vendor Credit Note, Acquisition (Purchase) of Fixed Assets

18.	More Power in Online Approvals for Contra Voucher in Web Cockpit
	Much easier to locate Contra Vouchers and Approve them with Maker

19.	Online Approvals Direct from Documents in Web Cockpit
	“Approve”, “Keep Pending” and “Cancel / Reject” Buttons make it possible to Approve direct from the Documents Proforma Invoice / Quotation, Sale Order, Sale D/O, Sale Invoice, Customer Receipt, Customer Payment, Customer Debit Note & Customer Credit Note Purchase Indent / Requisition, Purchase Order, Purchase D/O (GRN), Purchase Invoice, Purchase Return, Vendor Payment, Vendor Receipt, Vendor Debit Note & Vendor Credit Note Inventory Issue, Finished Goods Received Stock Adjustment & Stock Transfer Contra Voucher, GL Payment Voucher, GL Receipt Voucher & Journal Voucher

20.	Refreshed Compliance Guru
	Compliance Notification / Calendar View has been refreshed

21.	Important Info in Log In Screen
	New Columns make it easier to log into the correct company Country of Installation Company Initials

22.	Purchase D/O (GRN) is easier to use
	Improved Messages and Enhancements Captions in Remarks Box are easier to understand Improved Tooltip Messages

23.	Purchase Invoice is easier to use
	Improved Messages and Enhancements Captions in Remarks Box are easier to understand Improved Tooltip Messages Enter Internal Notes via Remarks Box

24.	Dishonoured Cheques sports Full Remarks
	Improved Messages and Enhancements View Full Remarks and Narration Foreign Currency is easier to understand

25.	Opening Purchase & Sale Invoices are easier to use
	Improved Messages and Enhancements Improved Tooltip Messages Easier Navigation

26.	NG Talk is easier to use
	Improved Messages and Enhancements Bigger Screen, New Columns and Refreshed Interface

27.	ST Form Entry & Reports Removed
	Home Screen has been decluttered ST Form Entry & Reports have been retired

28.	Journal Voucher – Delete a Line Leaves No Room for Error
	Decision Box shows full details of the Line being deleted Reduces Errors and Saves Time

29.	Stock Transfer is More Secure
	If User does not have User Access Rights to “View Rate”, Amount will not be visible

30.	Current Leave Entry Import in Ichiban Payroll Guru
	Huge Time Saver Single Click Download of Import Template (Excel File) Import “Current Leaves” directly from Excel

31.	Stock Taking handles Batch Number as well
	Now possible to do Physical Stock Take with Batch Numbers with facility to Add New Batch Number Delete Existing Batch Number (if there are no transactions)

32.	Refreshed & Cleaner Interface
	Enjoy the pastel colour coordinated screens, highlighted to make navigation yet easier on the eye Forex Bank Revaluation Forex Cash / Bank Revaluation Report (Unrealised) Global Search Inventory Warehousing – Entry – Inventory Issues – Wastage

33.	Customer Group & Customer Subgroup in Sales Data Dump
	New Fields Added in “Show Summary Report” in Sales Data Dump Customer Group Customer Subgroup

34.	Vendor Group & Vendor Subgroup in Purchase Data Dump
	New Fields Added in “Show Summary Report” in Purchase Data Dump Vendor Group Vendor Subgroup

35.	More Powerful Finished Goods Register Received Report
	New Field Added Rate (Total Manufactured Cost/Quantity)

36.	Multiple Banks in Forex Currency Exposure
	Generate for Multiple Foreign Currency Banks View each Bank in a separate Tab for great visibility

37.	Undo Forex Bank Revaluation
	Now possible to Undo Forex Bank Revaluation Useful if you need to add or modify a Forex Bank transaction after Revaluation has been run

38.	Blazing Speed Reports
	General Ledger Checklist, Summary, Cheques List, Net Position & Post Dated Cheques Petty Cash, Cash / Bank Book, Journal Book & Cash Payment & Receipt General Ledger Month Wise, Auto Journal Posting Details, Detail with Foreign Currency, Month Wise (Prepayment) and Maximum Debit & Credit Balances Trial Balance By Document Class Code Profit & Loss Account & Balance Sheet Complete, Advanced, Schedules, Date to Date (Complete & Schedules) & Quarter Wise Job Costing TDS & TCS TDS Pending Register, TDS Deduction / Collection Summary & Details, TDS Computation, TDS Paid Register & TDS Payable Register TCS Collection from Customers & TCS Paid to Vendors Accounts Receivable Sale Order Position Price History Special Registers Sales Profitability Customer Debit Note Register & Customer Credit Note Register Currency Exposure – AR / AP Documents Consignments Sales & Expenses Project Profitability Top Customers By Sale Value Accounts Payable Purchase Order Position Price History Procurement Purchase Order Register Special Registers Vendor Debit Note Register & Vendor Credit Note Register Top Vendors By Purchase Value Inventory Bill of Materials (BOM) Register Issues Register & Issue Return Register Finished Goods Received Register & Finished Goods Returned Register Consumption Issues Register Manufacturing Order Register, Pending Order Status & Order Schedule Raw Material Consumption & Raw Material Reconciliation Serial Number Query, Serial Number Status Query & Reorder Status Stock Ageing & Stock Status Overstocked Status – Product / Product Group / Product Sub Group Wise Stock Adjustment & Stock Transfer Stock Status with Outstanding Orders Material In / Out by Cost Center Warehouse Stocks (Doc Class Filter Wise) Stock Status – Avg – Cost & Sale Price Daily Closing Stock Summary Warehouse Stock Status Batch Wise Expiry Date Manufacturing Manufacturing WIP Report Manufacturing Order – Variance Statement Raw Material Consumption & Raw Material Reconciliation Serial Number Query & Reorder Status Stock Ageing & Stock Status Stock Status with Outstanding Orders Stock Status – Avg – Cost & Sale Price Warehouse Stock Status Batch Wise Expiry Date Data Dump Reports General Ledger, GL Receipts & GL Payments Sales & Purchase Sales Order & Purchase Order Inventory Data Dump Customer Ledger & Vendor Ledger Customer Ageing & Vendor Ageing Sales Receipts & Sales Payments Purchases Payments & Purchases Receipts Statutory Sale Invoice Terms Breakup & Sale Return Terms Breakup Purchase Invoice Terms Breakup & Purchase Return Terms Breakup

39.	New Tables in Report Writer – Inventory Warehousing Manufacturing Order
	Following Tables now available Global Level UDF Line Level UDF
	Use the above in Inventory Warehousing – Manufacturing Order Order Register Pending Order Status Report Order Schedule Report

40.	Family Wealth Guru Portfolio in CXO Control Tower
	New “Portfolio” Tile for Family Wealth Guru Users adds great bird’s eye view Total Cost of Asset Classes Total Market Value of Asset Classes Profit IRR

41.	Only Part – A Generation in E – Way Bill
	Generate only with PART – A information

42.	Open D/O Visibility in Year Ending
	New Popups show All Open D/O Numbers & Dates for Open Sale Delivery Orders Open Purchase Delivery Orders (GRNs)

43.	GL Mapping Controls Enhanced via System Controls
	Not possible to change or remove following General Ledger Mapping by mistake once Forex Bank Revaluation has been run Unrealised Forex Gain / Loss Account (Forex Banks)
	Not possible to map the same General Ledger Code for the following Realised Forex Gain / Loss Account (AR, AP & Forex Banks) Unrealised Forex Gain / Loss Account (Forex Banks)

44.	Stock Transfer Order Register now Reports Stock Transfer Details
	New Option in Parameters Include Transfer Details
	When above is selected, following Columns related to Stock Transfer linked with the respective Stock Transfer Order will be displayed Stock Transfer Number Stock Transfer Date Stock Transfer Quantity Stock Transfer Amount Balance Order Quantity Balance Order Amount

45.	More Visibility in Maker Checker Template
	Maker Checker Template is much easier to use with the following enhancements Flashing Green “Active” makes it easy to identify the Currently Active Template List of Templates displays following New Columns Status (Active / Dormant) Module Names

46.	Incremental Search Activated for Faster Data Entry
	FACT’s Intelligent Incremental Search now possible in Inventory Warehousing Bill of Materials (BOM) Trial Kitty Cum Issues Manufacturing Orders Issues Issue Returns Wastage Consumption Issues Stock Transfer Order Stock Transfer

47.	New Field Added in Purchase Data Dump Report
	Master Purchase Invoice Number (For Landed Costing)

48.	Default Idle Time Out in User Maintenance
	Idle Timeout Security of 10 Minutes increases security Default Idle Timeout will be set to 10 Minutes (if the current Timeout = zero) You may edit suitably

49.	Multi Company Added in Purchase Data Dump Report
	• “Multi Company Report” Option Added

50.	New 12 Ageing Column Vendor Statement of Account
	Generate with up to 12 Columns of Ageing Intervals

51.	ESI Threshold Calculation Added in Ichiban Payroll Guru -Applicable for India Only
	New Criteria for Allowance Type HOP Employee State Insurance (ESI) Threshold Calculation

52.	Vendor Invoice Date Wise Added in FORM MSME-1 -Applicable for India Only
	New Option in Parameters considers Vendor Invoice Date for calculating Due Date Vendor Invoice Date Wise
	When selected, New Column displayed in Transaction Details Tab Vendor Invoice Date

53.	Direct JSON File Generation from Form GSTR-1 -Applicable for India Only
	Generate JSON File directly with the following New Option Generate GSTR-1 (XLSX and JSON File) for Upload to GST Portal

54.	GST Form 5 – Refreshed & Cleaner Interface -Applicable for Singapore only
	Enjoy the pastel colour coordinated screens, highlighted to make navigation yet easier on the eye GST Form 5 GST Form 5 – Group Filing

55.	IBG – DBS Bank (Universal File Format) -Applicable for Singapore only
	New Format Added New IBG Bank = DBS Bank (Universal File Format)

56.	Revised CPF Contribution Rates Updated in Ichiban Payroll Guru -Applicable for Singapore Only
	Revised Contribution Rates for CPF have been incorporated Applicable from 1 January 2022

57.	Labour Welfare Fund Added in Ichiban Payroll Guru -Applicable for India Only
	“Labour Welfare Fund” added for following states Punjab Haryana