Version 6.0.26

1.	Revamped “Forex Cash/Bank Books” with Auto Posting of “Realised Forex Gain/Loss” (Enhanced)
	Bid Adios to manual calculation of Realised Forex Gain/Loss for Forex Cash/Bank Books every year. For all Forex Cash/Bank Books, FACT ERP.NG now calculates and posts “Realised Forex Gain/Loss” automatically now.
	Enjoy the following amazing benefits Enter any of the following transactions for Forex Cash/Bank Account GL Payment/Receipt (Cash/Bank Payment/Receipt) Contra Voucher (transfers from Cash to Bank, Bank to Cash or Bank to Bank) Customer Receipt/Payment Vendor Payment/Receipt If the Exchange Rate entered in the transaction is different from the Running Exchange Rate (Weighted Average), Forex Gain/Loss will be calculated and posted automatically to the GL Code which has been mapped for Auto Posting of Realised Forex Gain/Loss in System Controls If there is a positive balance and you make a deposit (there is no Gain/Loss) and the Weighted Average is automatically calculated. The same thing happens if you a have an overdraft in the account and you make a payment Total Visibility: New “JV” Button in the above transactions will display the Auto Calculated Realised Gain/Loss Amount in pink colour and show the posting of all the amounts / print option also added “Currency Exposure – Banks” Report:Generate to get a 360 degree view of Opening Balance, Payments, Receipts and Closing Balance of every Forex Cash/Bank Book Colour Coded transactions provides much greater readability Drill Down from every transaction to view full details Hand over this report to your auditor and save time at audit / no more questions View Closing Balance and the potential Unrealised Forex Gain/Loss Amount Click on “Notes” buttons for detailed explanations Hover the mouse over any transaction to see the calculation basis instantly Manual “Cash/Bank Vouchers” entered for GL Code mapped against “Realised Forex Gain/Loss” via System Controls now appear highlighted for easier identification and deletion (where desired) “Unrealised Forex Gain/Loss Amounts” which have been Auto Posted from “Forex Bank Revaluation (Permanent), now appear in yellow highlight for great readability and identification Mistakenly entered Exchange Rate = 1.00 is displayed in red and draws your attention for quick correction View Closing Balance, Exchange Rate on Closing Date and the potential Unrealised Forex Gain/Loss Amount “Forex Bank Revaluation” has been totally revamped for great visibility and easy decision making System Controls/P&L and Cash Book has been revamped and displays full information about the GL Codes mapping for Forex Gain/Loss “Forex Cash/Bank Amounts” are now displayed in Purple Colour in transactions for easy identification and reduction of errors “Recalculate Balances” recomputes the Realised Forex Gain/Loss for Forex Cash/Bank Books without touching the transactions up to the last month end when “Forex Bank Revaluation” has been run
	Notes: Call our Implementation Specialists for detailed training on Forex Cash/Bank Accounts Exploit the full power of the features designed to reduce manual work to zero Get trained on Forex Bank Revaluation and the controls you get How to avoid generating Realised Gain/Loss for Forex Cash/Bank Books How to handle Forex Cash/Bank Books when running Year Ending

2.	Drill Down into “Forex Gain/Loss” General Ledgers enhances visibility (Enhanced)
	Drill Down to transaction level for “Realised Forex Gain/Loss” and “Unrealised Forex Gain/Loss” GL Codes(mapped via System Controls) from Trial Balance Profit & Loss Account

3.	All Tiles – CXO Control Tower (Enhanced)
	Right-Click on any “Grouped Field” to Collapse/Expand All and view Totals at “Collapsed Level” Example: Group on Customer Name and Right-Click to select “Collapse All Instantly view Amount Totals for each Customer and for all Customers

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