SYSPRO 8 Highlights
The following provides a summary of the newly-developed features and functionality available in SYSPRO 8.
SYSPRO 8 serves to boost user experience and promote improved business behavior. It achieves this through enhanced intuitiveness, simplicity and engaging innovations.
SYSPRO Avanti is SYSPRO's web-based user interface developed in HTML5. It lets you access SYSPRO using a web browser, on any device, on any platform, from any location, at any time. It's available to anyone who has installed SYSPRO 8 (whether on-premise, in the cloud or both) using a concurrent single license. This lets customers choose the user interface best suited to the specific task at hand.
Enables you to work where and when you want
Access and experience the same SYSPRO solution on all devices 24/7 no matter your location - whether in the office, on the shop floor or on the move, you can choose the device that best suits the task at hand.
SYSPRO Avanti, with its consistent user interface, uniquely gives you the same SYSPRO ERP experience through a browser on any device, without having to learn a different operating system.
Quick and easy access
If you're in manufacturing or distribution; whether you're upsizing, setting up a new company or expanding your multinational organization to new territories, SYSPRO's web interface gives you quick and easy access to SYSPRO through a browser.
Flexibility and choice
Select the best user interface for the role, or specific task at hand.
Engaging user experience
SYSPRO's web interface is easy to use, intuitive and responsive, providing you with a simplified, engaging and rewarding experience.
Personalize your workspace
The SYSPRO Avanti web interface lets you personalize and design your workspace without the need for development skills.
Web Views are self-contained HTML5 pages that can include Fields, Charts, Cards and Tiles.
They provide a complete picture on a single screen and have been designed to display the most important information in a manner that is intuitive and simple to use.
You can design and customize your own Web Views using the Visual Designer program. Once deployed, these Web Views can be viewed by pressing F11 in the program for which one was created.
SYSPRO ships template Web Views with the product, which are located in the \Base\Samples folder of your SYSPRO installation.
SYSPRO's Setup Options program provides a central area from which implementers are able to quickly configure SYSPRO modules as well as make information easily available to support staff - significantly speeding up the process to resolve issues.
Things you can do in this program include:
- Configure setup options.
- Search for and maintain setup options across all modules.
- View and compare company options.
- Import and export configurations.
- Monitor changes to setup options.
Microsoft Office 365 lets you access the latest versions of Word, Excel, PowerPoint, Outlook, OneNote and more, wherever you go and across all your devices.
With Office 365 integrated into SYSPRO, there is no need for a separate desktop installation of Office 365.
You can integrate or combine SYSPRO data into an Office 365 document directly from Office 365.
Toast notifications are notification windows that display information briefly on the screen to alert you of a condition, before disappearing automatically without requiring any operator input.
Toast notifications with only a single button are presented as auto-expiring messages.
Task dialogs are notification windows that display information which requires you to respond before continuing.
You can customize these dialogs to simplify processes and improve throughput - particularly on transactional screens.
Customizations range from removing buttons and changing the default action button, to preventing the dialog from being displayed at all.
The Predictive Search facility in SYSPRO automatically shows suggestions of search results as you type text into any key field in the product (e.g. stock code, customer, supplier, etc). The search uses a web service (configured within the System Setup program) to interrogate the database and return values based on a pre-defined configuration.
Search Configuration allows for the configuration of searches in the Predictive Search.
- You can configure the Predictive Search to filter on key fields, rows and order by, to return records while typing.
- Predictive searching helps you effortlessly get to the information you need by filtering the top records in the database based on what you have typed.
The Avanti Flow Graph Designer lets you add flow graphs to programs as well as create custom flow graphs to streamline your daily activities. A flow graph typically contains programs, reports and tiles that form part of a business process that you can navigate by selecting the flow graph entities.
Workspaces are customizable dashboards in SYSPRO Avanti that supply user roles with everything they need to perform their tasks efficiently and effectively.
They are essentially web views for roles and can contain anything that can be designed in the Visual Designer (e.g. Business Insights, Program Tiles, Charts, Flow Graphs, Cards, Grids, Forms, and any customized panes associated with the role itself).
A workspace is a way of grouping tasks or processes together in a way that is meaningful or relevant for an individuals role (i.e. similar to a Favorites menu, except that it is defined at a role level).
- Users have access to a single, customizable and personalized workspace within SYSPRO.
- A single dashboard provides a view of the activities, actions and events most relevant to the user.
SYSPRO 8 architecture focuses on Microsoft SQL Server, providing enhanced performance, greater scalability, improved security and increased system availability.
The SQL Health Dashboard provides SYSPRO Administrators and SQL Database Administrators a one-stop-shop for viewing and managing the system for high availability.
The dashboard displays information on both the system and company databases to assist in identifying potential problems, as well as enabling the repair of certain issues found within the databases.
The SQL Health dashboard provides the following functionality:
- Single view of all your SYSPRO databases
- Repair capability on certain issues found (e.g. creation of missing tables/columns)
- Insights providing at-a-glance values and drill-down capabilities
The login screen for SYSPRO 8 has been improved:
- Simplified visual appearance of login dialog
- Incorporating Forgot password functionality
This lets you reset your SYSPRO passwords without the assistance of a system administrator. Typically, you are locked out of the system when you exceed the pre-defined number of login attempts allowed.
Password change email notification
Login exceeded email notification
Operator self-service reducing requirements for administrative resources
Notification and logging for traceability
Forgot password using new system-wide email settings
Enhancements around hotfixes that now enable:
- Administrator can see and zoom into relevant hotfixes.
- Mandatory or customer-specific hotfixes are shown.
SYSPRO 8 Custom Help now allows developers to ship help content for their own apps using custom packages.
The software upgrade technology has been simplified and standardized for SYSPRO 8, allowing you to upgrade when it suits you.
Enhancements are made available as periodic releases several times a year, on top of which you can install hotfixes and security or other issues as they are identified and resolved.
- You can now plan to install a release with the features you require and have the stability of only installing hotfixes as required.
- This removes many of the issues with the monthly porting processes used in prior versions.
SYSPRO 8 leverages Microsoft SQL Server's capabilities to provide enhanced performance, improved scalability, more robust security and increased system availability. Less planned downtime means more time to get the business benefits of SYSPRO 8.
- Reduced file system usage and improved security.
- Initial support for SQL as a Service.
- Our drive for simplification has also made the system easier to set up and administer, reducing requirements for valuable and scarce resources.
- Our benchmarks show up to 30% improvement in performance and scalability.
Balance functions in certain modules were either tied together with month-ends, which are de-coupled, or form part of a 'day-end, week-end or month-end' function. Moving the checking of imbalances to the SQL Health Check Service removes the need to run the balance function in the module.
In addition, if an imbalance is identified, the out-of-balance correction function can be run to specifically target only the issues encountered.
- This is a SQL-only facility. By targeting SQL, we can vastly reduce the current time taken to perform this function - in some instances from hours and minutes to seconds - thus greatly improving system availability.
- Improved memory handling and scalability with 64-bit architecture.
You have the choice of using SQL on-premise, or connecting to SQL Azure. With SQL Azure (a cloud-based managed database) there is no need to buy an on-premise SQL Server.
- Cloud maximizes capacity and utilization, minimizes cost and improves IT flexibility and responsiveness.
- Consumption and cost are based on database usage - you only pay for what you use.
- SQL Azure is scalable and elastic, addressing your business growth.
The Health Check Service innovation is designed to reduce scheduled downtime to a bare minimum, improving your core business process availability.
Ensuring the health of your database is paramount. With SQL Health Check, you are able to ensure that all tables, columns, indexes, keys etc. are as they should be and, if required, to add missing data.
- Reducing scheduled downtime.
- Balancing and correction optimization.
- Ensuring the integrity of your database.
Insights & Reporting
Insight and reporting tools increase decision-making capabilities with greater visibility into operational performance.
Measure and improve performance across an entire operation and empower your workforce to meet goals and targets aligned with critical business drivers.
Business Insights are essentially SQL scripts that are exposed as Tiles in a SYSPRO web view. These tiles are context-driven and enable you to act instantly on events, facilitating both informed business decisions and sound business behavior.
They are an individual employee performance management tool for all levels of engagement, providing an intuitive, real-time view of performance against KPIs, goals and targets.
Key performance indicators (KPIs) on tiles can be used to highlight values that approach or exceed pre-determined objectives or thresholds. This lets you proactively keep an eye on approaching targets. These targets could be a certain value, company-wide goal or a specific agreed target for a person or a role within the organization.
Tiles can be added to the main SYSPRO menu to surface company information (e.g. the total backorders for the company) or they can be added to specific programs and provide the key field as a context (e.g. the total backorders for a customer).
Additionally, when you click on a Business Insight tile, you can drill down to more detailed information displayed in a list view that derives its context from the specific tile measurement parameters.
You can also create administration insights (e.g. failed transactions, users logged in, etc).
Accelerate turnaround time and drive throughput by streamlining the actions and activities that occur between one task and the next.
Increase decision-making capability with increased visibility into operational performance of the company by individual and department across the entire operation to determine where you are successful and where you need to improve.
Measure and improve performance by assigning standard, or tailoring specific, key performance indicators and metrics designed with the ability to immediately action work-to-lists - converting KPIs into meaningful improvement.
Empower the workforce to meet goals and targets by assigning insights in an intuitive, self-explanatory, easy-to-use interface, aligned with critical business drivers and work-to-lists to be actioned
Maximizes collaboration by providing document generation and distribution to external and integrated systems, reducing the need for duplication. Documents or reports can be quickly and efficiently requested and transferred to the external system via a published API.
- Developers and external applications can now call on SYSPRO to run and distribute reports and documents directly in the external application, reducing the duplication of reports and documentation between applications.
SYSPRO delivers long-term business value, ensuring the viability of your business infrastructure. Future-proof your ERP investment by leveraging emerging disruptive technologies and the latest innovations.
Collaboration is improved through Social ERP and Analysis using predictive analytics and Data sentiment.
Harmony is a collaborative, user-friendly social platform at the core of ERP that gives users a familiar interface through which to interact with the SYSPRO ecosystem and conduct their daily business.
As with social media, Harmony users can follow, post and collaborate within the organization network using real-time information from the SYSPRO database. Using the data generated from these interactions, the system intelligently pushes pertinent information to the user using familiar interfaces.
This provides a more personalized working platform for users, allowing them to create their own profile, follow and track key data, take action and provide and share insights relevant to both internal and external stakeholders, all from a single view.
Data Sentiment enables a complete spectrum picture of customer opinion about your services or products for informed and strategic decision making. Visual ques (the equivalent of emoticons) help alert users by attaching sentiment to specific items.
Key notes attached to these items are detected to reveal the tone in terms of the state of an event, customer or component which tracks potential future issues regarding customer service and happiness before they arise.
Predictive analytics are used to reveal trends that provide actionable insight. Vast quantities of structured and unstructured data are aggregated and processed to reflect trends and offer recommendations on actions to be taken.
- SYSPRO Harmony provides a familiar, easy-to-use and simple social media-type user interface that fosters collaboration, improves user experience and engagement and encourages system usage across the entire organization.
- Harness the power of machine learning on your data to provide you with general sentiment analysis on your transactions
- Trending provides you with a view of data that you may not have identified. As with social media, popular trending information can be quite useful in understanding which entities are trending in the data. Harmony provides the same concept to surface trends based on your data.
Artificial Intelligence means customers deal with an intelligent and human-like chatbot that answers queries quickly.
Chatbots which answer and even predict customer queries automate customer service to free up resources in the business.
The (AI) web robot resides within the SYPRO ERP ecosystem and streamlines business functions through natural conversations with the BOT.
Artificial Intelligence and Machine Learning reveal trends that provide actionable insights.
Machine Learning processes the emerging mass of data and aggregates it to reflect trends and suggest actions to be taken.
Machine Learning harnesses big data with predictive analytics.
The rules-based engine works with the data mining service and lets you create complex triggers as well as perform actions without using SQL triggers.
The collaboration and integration of Machine Learning, big data and predictive analytics instantly surfaces developments to present the big picture business benefits across the board.
SYSPRO's mobile application lets you stay in touch with your business from any location using any mobile device.
Enhanced SYSPRO Espresso capabilities allows complete control over the planning and management of all facets of your business.
The Espresso Xpress Cart provides manufacturers and distributors with an efficient, fast and simple-to-use mobile sales ordering app.
It extends the sales order experience directly to customers.
The Espresso Application Builder program includes a script editor that lets you add scripting to an Espresso component.
This allows you to build additional business logic into Espresso.
The Espresso Customer Workbench includes various customer components that lets you view customer data and add or update transactions within one application without having to leave the current application.
When maintaining a sales order in SYSPRO Espresso, the SYSPRO Espresso Sales Order Document Printing application lets you generate invoices, delivery notes and order acknowledgments.
The Espresso SFDC (Shop Floor Data Collection) Workbench provides a mobile solution for capturing all production-related transactions directly from the shop floor.
It enables access to all job-related transactions and work-to-lists available to the shop floor via mobile devices.
Operators are directed to their work-to-lists, have insight into job specifications and are presented with a single point-of-entry for recording all their production progress.
With the ability to input manufacturing transactions from a mobile device directly into SYSPRO, Espresso SFDC enables accurate, paperless and up-to-the-minute tracking and monitoring of your manufacturing operation process.
A shop floor data collection system closes the loop by recording the actual transactions associated with production against the production plan. This provides visibility, control, monitoring and administration of immediate variance management.
- Reduce errors caused by manual data capture
- Eliminate shop floor paper
- Improve material accuracy and tracking
- Provide current production visibility for better decision-making support
A new function has been added to Espresso that enables you to use any device with a camera (e.g. smart phone) to scan barcodes in Espresso.
Now you can scan barcodes on all fields in Espresso where the scanning icon is displayed.
SYSPRO Espresso lets users change their own password when logging in, reducing workload on system administrators.
This facility is available from the login screen, similarly to conventional SYSPRO.
Anticipating marketplace disruptors, SYSPRO ensures governance and improved business efficiencies.
Ongoing improvement and continuous innovation provides industry-built capabilities that evolve with your needs.
Job nesting combines several small jobs to form one larger nested job process. It provides the ability to view and select combinations of work orders that can be batched together in larger processes (i.e. you can nest multiple jobs utilizing the same raw material or components).
This results in:
- Reduction of waste
- Optimized use of raw material
- Optimized use of resources
- Reduction in operational costs
- Improved efficiencies
- Group jobs requiring the same raw material (such as sheets) to a nested job. Optimize the raw material and labor usage against the nested job.
- Record actual raw material and labor usage against the nested job as well as results of the nest.
- Disburse material, labor and scrap against the original jobs on completion.
Manufacturing Operations Management is a Manufacturing Execution System (MES) that helps reduce loss by improving delivery, lowering production costs and optimizing the use of resources by providing the complete process of scheduling, planning, publishing, collecting, analyzing and improving resource usage.
SYSPRO's Manufacturing Operations Management solution helps manufacturers:
- Measure performance to drive toward world-class standards of operation for overall equipment effectiveness (OEE), total effective equipment performance (TEEP) and overall labor effectiveness (OLE).
- Increase productivity and lower costs by minimizing loss within the business.
- Optimize operational efficiencies through better workflow of core manufacturing activities: schedule, publish, collect, track, analyze and improve.
- Connect machines and other devices to digitize the factory (Industry 4.0) and gain competitive advantage.
- Deliver to customers faster.
- Control labor and machine costs.
- Reduce downtime and bottlenecks.
- Measure and improve product quality.
- Increase productivity and output.
- Reduce cost to compete.
Allows for rapid answers regarding when a manufactured item will be capable to promise by overlaying the requirement directly over the planned manufacturing schedule.
Visibility, control and monitoring of immediate variance management are boosted and optimized.
Makes use of the latest technologies to provide intuitive mobile and browser-based UIs via Smartphones, PDAs, Tablets, Bar code scanners and PCs. Extensive online views make it easy for you and your team to gain visibility over any stage of the process, from any device.
Incorporates an advanced, finite capacity-based planning and scheduling (APS) system, allowing you to quickly and accurately schedule while minimizing downtime.
- Visual Planning Board - define your resources and their available capacity via the shifts that they operate. Create, optimize and share your production schedules online. Publish job lists to your resources for easy data collection.
- Dashboard - balance equipment utilization and order fulfillment to maximize factory output. View your most/least utilized resources, top orders by value and popular products by volume.
- Production Plan - view the agreed production plan. List and/or print shop packets. Review progress, including hours reported, quantities produced and issues logged to expedite and/or provide delivery information.
- Equipment Plan - review the impact of the production plan on your equipment. Drill down into each equipment card to view loading detail and expected daily output.
- Production Status - review open jobs to check their status. Use progress bars to gain visibility of hours booked, materials issued and overall progress at a glance. Drill down to view specific job details, including attached documents and production issues.
- Job Lists - view job and material lists by resource groups for today or this week designed for use with mobile and/or tablet devices.
- Production History - view activity history in relation to both open and closed jobs.
Incorporates shop floor data collection (SFDC) from your employees and equipment with options to automatically connect your machines in order to read data without manual inputs.
- Workbench - collect data in real time both on and off the shop floor from your employees or equipment using a stopwatch style of recording for accuracy. Data recorded here is used to support the calculations of overall labor effectiveness (OLE) and overall equipment effectiveness (OEE).
- Connect equipment - digitize your factory by collecting data from your machines and other devices automatically.
- Dashboard - high-level view of your orders, products, employees and equipment. Select specific employees and equipment to view status and performance for a selected time period.
- Employee status - at-a-glance live view of your employees… their current status, what they are working on, and how they are performing during their shift. Drill down into each employee card for a detailed view. Use status indicators to access their workbench to help with clocking and other management issues.
- Equipment status - at-a-glance live view of your equipment… the current status, what jobs they are running, and how they are performing during the shift. Drill down into each equipment card for a detailed view. Use status indicators to access the equipment workbench for management purposes.
- Job status - review open jobs to check their status. Use progress bars to gain visibility of hours booked, materials issued and overall progress at a glance. Drill down to view specific job details, including attached documents and productions issues.
Transaction review - review (edit, delete, add) and/or approve all transactions generated via the workbench or entered from timesheets. Automate the scheduled posting of approved transactions to SYSPRO for financial analysis. Manual 'sync now' option also available. Export to payroll systems (optional).
- Equipment performance - detailed analysis of an individual equipment performance with supporting detail, including audit trails and a record of the issues encountered.
- Employee performance - detailed analysis of an individual employee performance with supporting detail, including audit trails, daily clocked-hours reconciliation and a record of the issues encountered.
Management reports - analytics associated with employee availability (uptime/downtime) for management purposes. Includes daily clock-hours reconciliation and option to create custom management reports using pivot tables.
Allows you to connect machines measuring equipment and other devices. You can automatically connect with machines to read data without manual inputs.
Gain real time visibility of:
- Start/stop and downtime.
- Job assignment.
- Operation status (e.g. operation completed).
- Machine status (e.g. warming up; idle; running; down).
- Parts count (total, good and bad).
- Component count (total, good and bad).
- Performance issues (e.g. slow running; equipment wear; component jam).
- Custom values (e.g. temperature; pressure; spindle speed).
Provides out-of-the-box factory performance and loss analytics to allow your organization to drive to world-class standards for overall labor effectiveness (OLE), overall equipment effectiveness (OEE) and total effective equipment performance (TEEP).
Utilizes Six Big Loss analysis to identify, classify and quantify your loss, enabling you to determine counter measures to reduce them.
- Loss Management - dashboard realization of loss across your manufacturing operations with every loss identified, classified (Six Big Loss) and quantified to allow for countermeasures to be applied and continuous improvements to be made.
- Dashboard - factory-level analytics of your equipment showing both OEE and TEEP key performance indicators. Drill down to supporting metrics and measurement of Loading, Availability, Performance and Quality.
- Employee Analysis - detailed analysis of your employee performance. Filter by individual employees or analyze performance for a specific group of employees. Further analyze by date or diversion.
- Equipment Analysis - detailed analysis of your equipment performance. Filter by individual equipment or analyze performance for a specific group of equipment. Further analyze by date or diversion.
- Product Analysis - output and quality analysis for your products by employee and/or equipment.
- Loading - detailed analysis of the loading position of your resources with comparisons to last month and/or quarter to understand trends.
- Availability - detailed analysis of the availability of your employees or equipment with comparisons to last month and/or quarter to understand trends.
- Performance - detailed analysis of the performance of your employees or equipment with comparisons to last month and/or quarter to understand trends.
- Quality - detailed analysis of the quality output from your employees or equipment with comparisons to last month and/or quarter to understand trends.
Helps to drive Lean Six Sigma continuous improvement initiatives with management alerts, issue logging and workflow, online documents and more.
- Management Alerts - receive performance management alerts to improve efficiencies and prevent issues becoming problems.
- Messaging - send and view messages to and from the shop floor.
- Issue Workflow - view, assign and resolve custom and/or performance-related production issues.
- Paperless Shop - manage and maintain static attachments or online forms related to jobs, operations, employees, equipment. Add hyperlinks to videos and/or document management systems where audit trail or document versioning control is required.
- Anytime, Anywhere - access mission-critical information whenever and wherever you need it via tablet and/or mobile devices.
- Safe and Secure - sign-in authentication with full organizational control to restrict information that can be viewed by workgroup or individual.
- Quality Assured - the solution has been formed around IEC62264, the globally recognized standard for manufacturing operations management - providing the tools and analytics essential for effective manufacturing operations management to help you compete in today's market.
The Sales Order Release function lets you release large quantities of sales orders from suspense.
Anticipating marketplace disruptors, SYSPRO ensures governance and improved business efficiencies.
Ongoing improvement and continuous innovation provides industry-built capabilities that evolve with your needs.
SYSPRO's Preferred Supplier feature lets you configure and manage sourcing policies for your stock codes.
A sourcing policy determines who is the preferred supplier of a stock item and helps a company stay competitive by ensuring that purchasing agreements and policies are upheld when creating requisitions and purchase orders.
By implementing procurement policies, organizations can leverage whole-company spending potential in establishing long-term preferential agreements with suppliers. These policies could be to reduce risk associated with satisfying material demand, preferential negotiated rates, or demand planning optimization.
A purchasing strategy benefits buyers and suppliers - suppliers have guaranteed sales, while buyers can negotiate favorable terms.
- Improved value-to-price relationship (i.e. achieve cost reductions while maintaining or improving quality and service).
- Understanding of category buying and management processes to identify improvement opportunities.
- Examination of supplier relationships across the entire organization.
- Leveraging the entire spend of the organization.
- Developing and implementing multi-year contracts with standardized terms and conditions across the organization.
- Sharing best practices across the organization.
With an ever-increased focus on warehouse management, the improved bin to serial linkage feature in SYSPRO 8 enables you to accurately determine where serials reside in a warehouse from the perspective of bins.
Not being able to link serials to bins in previous versions of the product created problems in the stock allocation, depletion, balancing and stock take procedures. The improved linkage now provides efficient traceability of stock serial tracking across warehousing functions.
You can now find and use serials in a more timely manner, as any stock movement can be traced at bin level for serialized stock codes.
Also, when receipting, issuing or selling serialized items, you can now view the specific bin location of the serial.
An improved method of tracking serials linked to bins provides for better visibility into serialized stock items in specific warehouses.
This is an extension of the multi-bin functionality currently available, providing picking routines to improve order book fulfillment and the management of the pick processes themselves.
- Order picking provides for the tracking and locations of items at all times to have better visibility of stock.
- Improved fulfillment times for sales functions.
- Create picks that suit your business based on your requirements for batch picks, wave picks, or order picks.
- Standardized receiving, put-away, and picking processes.
- Batching of transactions based on locality for improved efficiency of location visits.
- Reduced cycle times for larger orders using coordinated team picking.
- Work-to-lists providing clear visibility into resource demands by discipline, locality and date/time-based requirements.
SYSPRO optimizes financial business operations ensuring the on-going development of relevant functionality and governance for the improvement of business efficiencies.
Dunning Credit Management reduces risk and aids collections by providing the credit department with management, control and reporting tools.
- Reduce risk and improve collections.
- Manage the communication with your customers with regards to collection of accounts receivable.
- Record when letters and reminders have been issued to your customers.
To optimize month-end and year-end processing, the Balance functions in the following modules have been created as separate business objects and are no longer automatically included in the month-end or year-end processing:
- Accounts Payable
- Accounts Receivable
- General Ledger
- Cash Book
- Asset Register
- Purchase Order
- Work in Progress
Previously, the balance function was always automatically performed in conjunction with the month/year end routines.
- Improve productivity with faster month-ends
A payment cycle can be completed without first needing to print a check remittance.
You can select the following printing options within the Accounts Payable module:
- Print checks and remittance advices combined on pre-printed stationery
- Print checks and remittance advices separately on different stationery and/or printers
- Print only remittance advices
Print nothing at all (useful for electronic payments as remittance advices are often not sent when paying via EFTs)
This functional enhancement provides for better visibility, control and management of variances associated with purchase price variances and exchange rates in the purchasing cycle and sales cycle.
- Better visibility of exchange rate variances allows for better control over variances during your purchasing and sales cycle.
Supplementary Information: A tax reporting business object has been developed that produces a generic tax activity report in XML. This extract can be used in the creation of statutory tax reports.
- An export facility Tax Submission Query for your input/output tax submissions.
- You now can create your own tax reports using this feature.
- Functionality now exists to extract tax data (Sales Invoices, Purchase Invoices and Cash Book, etc.) based on your defined filters and date selections.
- A generic extract template is available that allows you to develop your own reports or import into other systems.
All programs in the Accounts Receivable and Accounts Payable modules handle withholding tax and tax on settlement discount concurrently depending on the configuration settings.
The AP payment cycle process has not been effected by this change.
The following programs were enhanced to ensure that both types of taxes can be used at the same time:
- AR Payments and Adjustments
- AR Payments and Adjustments business object
- AR Bank Deposit Slip
- AR Payments Distribution Query
- Payment Cycle Maintenance
- AP Manual Check Entry
- AP Release Invoices to Pay by Review
We also updated the Re-establish Invoice pane to accommodate this change.
A new business object (ARSQAG) allows you to query customers' invoice details and age them according to the invoice terms code defined using the invoice ageing methods available for current period, previous period 1 or previous period 2.
The invoices can also be aged using the supplied aged date, the aged buckets held against the customer, or you can elect to ignore ageing.
Available invoice selections include zero current period invoices and zero retained invoices.
It also caters for credit control options such as credit status, highest invoice due, average number of days to pay and available discount due.