Pinnacle Release 16.16

Transcription

1 Deployment: 22 September 2016 Contact for any queries regarding these release notes 2016 Pinewood Technologies SA (Pty) Ltd. 1 of 6

2 Contents Accounts... 3 Purchase Ledger Coding Permissions... 3 Purchase Ledger Post Invoice VAT Breakdown Pinewood Technologies SA (Pty) Ltd. 2 of 6

3 Accounts Purchase Ledger Coding Permissions Overview Ability to set all codes, a range or multiple ranges in purchase ledger parameters. Summary In Accounts > Purchase Ledger > Ledger Parameters Changes have been made to purchase ledger parameters. This change is related to the previous release on invoice coding and will assist with the set up. We have made an additional change to purchase ledger parameters and added an additional coding permissions tab: Accounts > Purchase Ledger > Ledger Parameters This is similar to the purchase ordering permissions screen, and within the type dropdown, a user can select either a group or an individual user by searching surname. It is now possible to change the range of nominal codes that this user has access to. Users can be given access to all nominals codes by ticking the all box. Purchase ordering permissions cannot be set within purchase ledger, these remain within the Purchase Ordering Module Pinewood Technologies SA (Pty) Ltd. 3 of 6

4 Purchase Ledger Post Invoice VAT Breakdown Overview Ability to split the VAT value on a purchase ledger Invoice by multiple criteria, by tax type, goods or services. Summary In Accounts > Purchase Ledger > Post Invoice This change relates to the VAT when posting an invoice in the purchase ledger, you are now able to breakdown the VAT of an invoice or posting into different tax types as well as to categorise each amount of tax that is related to goods or whether it relates to purchases of services. There is an additional button next to tax value: 2016 Pinewood Technologies SA (Pty) Ltd. 4 of 6

5 On clicking the magnifying glass, you will be presented with the purchase VAT split by rate screen: Within this screen, the user is now able to split the VAT into different tax type, goods and services. By default, the amount calculated will default to standard tax type, goods and a resale Item. You can key in the value related to each portion, change the net value; this will automatically calculate the VAT. Once amended, click Add. If a posting needs to be removed user can click on the red cross to remove the posting Pinewood Technologies SA (Pty) Ltd. 5 of 6

6 The remaining VAT will default for user to either amend or leave as is, you can then accept and the values on post invoice screen will update to match what user added. To view the postings made to the different tax types, export the VAT analysis report. In Accounts > Nominal Ledger > Reporting > VAT Analysis Export the report onto excel, filter by account, user able to view separate postings made for each item by tax type, goods / services as well as whether the item is a resale item or not. NOTE: This is only visible if the parameters for VAT Reporting by tax type are turned on at enterprise level - Accounts Nominal Ledger > Ledger Parameters > Company Structure 2016 Pinewood Technologies SA (Pty) Ltd. 6 of 6