LATEST UPDATES - Ver 2.7.0

Release Notes
Release Date: 28th June 2021 (Monday)

Introduction The document communicates the compliance updates, major new features and enhancements in this release of the Financio v2.7.0.

Compatibility:
These features have been tested and make available on the following product plan:

1. Compliance Update: Singapore InvoiceNow Feature Enhancement [Premium]
From 20 January 2020, the Singapore government will be on board to receive e-invoices from vendors via the PEPPOL network. This enhancement update is to facilitate e-invoices submission to Singapore Government Agencies.
This feature update includes:

• Supports send/ receive e-invoices from Government Agencies.
• Supports PDF attachments. (Added check box to include PDF attachment in the Invoice and Credit Note modules.)
• Editing is now allowed on Reference Number and Amount, upon receiving Bills and Debit Notes via e-invoice.
• Auto applies Debit Note to Purchases Bill.
• Non-GST users can now register for InvoiceNow.

To learn more about this compliance update, please Click Here.

2. Enhancement: Option To Select Same Bank Account When Recording Transactions [Premium & Trial]
In the Withdrawal and Deposit modules, users can now select the same bank account when recording transactions into the debit and credit columns. This feature will simplify your initial bank reconciliation process.

To learn more about this enhancement, please Click Here.

3. Enhancement: Added Classification Column Onto Import Account Excel Template [Premium & Trial]
We have added the Classification column onto the Import Account excel template. You can now classify your cash flow activities with this newly added field. The classification field gives you a better view of your business financial position when generating a cash flow report.
To learn more about this enhancement, please Click Here.

4. Enhancement 3: Option to Update or Skip an SKU During Bulk Import [Premium & Trial]
This update gives you the option to update or skip an SKU during bulk import of your Products & Services data. This feature surely increases the import process efficiency. To learn more about this enhancement, please Click Here.