Before I take you through the changes in this month’s software update, you may be interested to know that due to popular demand we are bringing back our monthly webinars in 2018. The format of these webinars will change slightly however, and will become an opportunity for you to ask questions in a live Q&A session on a monthly basis.
The webinar presenters will also change from time to time. Rather than just me presenting the webinars, there will be other members of our team sharing their knowledge with you.
We will continue to demonstrate the changes in each month’s software update, but we encourage you to use these webinars as an opportunity to ask questions about anything to do with your use of Twinfield. Full details are available by searching for ‘webinar’ and selecting ‘Twinfield webinar schedule’ within the Twinfield knowledgebase.
What’s in the February software update?
In our first software update for 2018 we have four changes that I wanted to document for you. These are:
- New Audit Trail listing
- New report: VAT overdue invoices
- Neo sales invoices VAT in base currency
- New VAT list screen
The new Audit Trail is a list view that initially enables you to list all changes to supplier bank accounts. This will be enhanced in the future to enable reporting on other changes within Twinfield.
To run the Audit Trail, click the new ‘Audit Trail’ icon on the Reports screen:
In this release the listing will display all supplier bank account changes made within the last 12 months. This can be filtered in many ways:
We will advise when more functionality is added to this new screen.
New report: VAT overdue invoices
Due to a change in Dutch VAT legislation a new report has been added to the VAT category which may be of interest to other users as well.
The new report enables you to report on the VAT content of outstanding sales and purchase invoices as follows:
- Select the new VAT Overdue Invoices report from the VAT reports menu
- Enter selection criteria:
- The result will be a list of both sales and purchase invoices which meet the specified criteria, grouped by VAT code:
This report is available to all users in Level 1, 2, 3, and 4 roles.
Neo sales invoices VAT in base currency
If you process a sales invoice in a foreign currency and the invoice includes VAT, the VAT Summary section now displays the VAT exclusive and VAT amounts in both base currency and transaction currency as required by European law.
New VAT list screen
As a part of our ongoing work to update our list screens we have now updated the VAT rates screen to bring it into line with other screens. Please see example below:
The above is all I wanted to cover this month. Don’t forget our monthly webinars which start on the 23rd February. Search for ‘webinar’ within the Twinfield knowledgebase for full details and links to register.
Product Manager for Twinfield and Basecone in the UK and Ireland