What's New - Version 7.0.14

1.  Reports – Document Class Filter Combination Added

• Document Class Filter Restriction in User Maintenance is no longer a bar for generation of following reports for
  the Non-Restricted Document Class Segments
  • Profit & Loss Account
  • Balance Sheet
  • Trial Balance
  • Cash Flow Statement
  • Credit Note Register
  • Debit Note Register
  •  Adjustments
    • Credit Notes / Debit Notes / Customer & Vendor Advance

 

2. CXO Control Tower  – Profitability follows System Controls

• Profitability follows “Stock Valuation” option selected in System Control – Stock Valuation tab
  • Product Card
  • Salesman (Agent) Card
  • Customer Card
    • Warehouse Wise – Product Wise Stock Valuation
    • Warehouse Wise – Batch Wise Stock Valuation
• Group Totals Added
  • Warehouse Wise
  • Batch Wise

 

3.  Web Cockpit – Sales – Profitability

• New Parameters
  • Customer Code
  • Product Code
  • Warehouse Code
  • Batch Number
• New “Generate” Button
• Group Totals Added
  • Warehouse Wise
  • Batch Wise

 

4. Web Update – Enhanced Security & Speed

• FACT ERP.NG Web Update sports Enhanced Security & Faster Speeds
  • Served via a Dedicated Secured HTTPS Server using latest TLS protocol

 

5. System – Configuration – Password Configuration

• More Powerful with New Controls
  • Password Must Contain At Least <Number> Upper Case Alpha Characters
  • Password Must Contain At Least <Number> Lower Case Alpha Characters
  • Password Must Contain At Least <Number> Numeric Characters

 

6. Digital Signature make Documents look more professional

• New Option “Manage Your Signature” added under System / Preferences
  • Upload Digital Signature (created via stylus pen or scan of hard copy)
  • Use newly created field “User Signature” in all Documents (example : Sale Invoice, Payment Voucher etc)

 

7. Online Approvals for Issue Returns

• “Maker-Checker” Added for Issue Returns

 

8. Ichiban Payroll Guru – Opening Leaves Entry

• Download Template
• Import

 

9. Ichiban Payroll Guru – Leave Adjustment Entry

• Download Template
• Import

 

10. Web Cockpit / Inventory

• Stock Status Report sports the Red Icon against Product Description
• Click on it to view the Default “Additional Product Description”

 

11. CXO Control Tower – Product Card

• New Columns Added in “Closing Stock / Stock in Hand” Report
  • Document Class
  • Document Class Description

 

12. Transporter Master

• Mass Delete

 

13. CXO Control Tower – Vendor Payment Document Relationship Box

• Reconciled Date

 

14. Greater Visibility and Power in Fixed Asset Opening

• View “Additional Description” entered in Product Master
• Add / Edit “Additional Description”

 

15. Purchase Invoice – Bank Details Auto Populated from Vendor Master

• When a new Purchase Invoice is entered, Vendor’s Bank Details are Auto Populated (editable), as filled up in Vendor Master

 

16. Sale Return

• Press F1 to Auto-Populate “Stock-In Rate” based on the Stock Valuation options selected in System Controls – Stock Valuation as follows
  • Product Wise Stock Valuation
  • Warehouse Wise – Product Wise Stock Valuation
  • Warehouse Wise – Batch Wise Stock Valuation

 

17. Company Master – New Columns
– Applicable for India Only

• Employer EPFO Establishment Code
• Employer Employee State Insurance (ESI) Number
• Employer Profession Tax Enrolment / Registration Number
• Employer Labour Welfare Fund Registration Number

 

18. Auto GST Reversal as per Section 16(4) of CGST Act
– Applicable for India Only

• Section 16(4) of CGST Act Compliance Added
  • If any of the following documents is entered where Date is Later than 30 September 2024 and Date of Reference Invoice is Prior to Previous Financial Year, then GST will be Auto Calculated at 0.00%
  • Debit Note – Customer or Vendor
  • Credit Note – Customer or Vendor
  • Sale Return
  • Purchase Return

 

19. Ichiban Payroll Guru – Pay Structure (Profession Tax)
– Applicable for India Only

• “Gujarat” Added for Profession Tax as per The Gujarat State Tax on Professions, Trades, Callings and Employments Act, 1976

 

20. Ichiban Payroll Guru – Pay Structure (LWF)
– Applicable for India Only

• Labour Welfare Fund (LWF) Added
  • Gujarat
  • Delhi
  • West Bengal
  • Chandigarh

 

21. Ichiban Payroll Guru – New Columns in Reports
– Applicable for India Only

• Employer EPFO Establishment Code
• Employer Employee State Insurance (ESI) Number
• Employer Profession Tax Enrolment / Registration Number
• Employer Labour Welfare Fund Registration Number

 

22. Interbank GIRO (IBG) Bank Information in Vendor & Customer Masters
– Applicable for Malaysia Only

• New Column “Beneficiary Account Name” Added in Interbank GIRO (IBG) Bank Information window in
  • Vendor Master
  • Customer Master

 

23. IBG Payee – New Field
– Applicable for Malaysia Only

• New Field “Beneficiary Account Name” added in IBG Payee Bank Details

 

24. New SST Codes Incorporated as per Royal Malaysian Customs Department
– Applicable for Malaysia Only

• Purchase
  • SST Payable 8%
  • SST Service Tax 8%
•  Sale
  • SST Service Tax 8%