Vendor/Ledger Reconciliation Report - Improvement to include Opening Balance
Current report only cater for transaction posted for date range in report selection and opening balance will not include in the report. The current report look like transaction movement report in details or summary instead of reconciliation. As a good reconciliation report to GL, it should be ab...
Make 1099 functionality available for non-US legal entities with US vendors that require 1099 tax reports
There seems to be a large gap in functionality when it comes to 1099s. Customers and partners can often times have non-US legal entities with US vendors. In this scenario, there is no way to enable the 1099 functionality as it depends on the country of the entity, regardless of vendor address. Th...
Functionality to allocate charges after adding taxes in PO
Currently sysytem is calculating charges on base amount i.e. qty*unit price. There should be a feature to calculate charges on base amount including tax amount.
Vendor account statement – information about whether vendor invoice is approved or not
When you reconcile vendor account transactions with vendor account statements received from vendors, information on the vendor account statement about which invoices have NOT been approved will be valuable. Therefore, on the report “Accounts payable > Inquiries & reports > Vend...
Tax direction validation on vendor invoice approval journal should be fixed
When trying to post cost invoice in invoice approval journal where are two project type of lines (credit and debit) and two different sales tax codes used (VAT25,5 and VAT0). Only the amount of VAT will be paid for the vendor. Posting will end up in error:...
Project Budget should be committed including taxes at the time of PO confirmation based on the project line property.
When a Project PO is created, it includes the tax amount. However, upon confirming the PO, only the net amount is committed to the project budget, and the tax amount is not. The total amount, including tax, is updated in the consumed budget once the invoice is posted based on the proje...
Import eInvoice Germany (xRechnung) - Import destination should also be possible in the invoice journal in addition to the pending vendor invoices
Import eInvoice Germany (xRechnung) - Import destination should also be possible in the invoice journal in addition to the pending vendor invoices
pending vendor invoices:
(disadvantages/problems)
- Only invoices with inventory reference ca...
STATUS DETAILSNew
The detailed vendor invoice form with Vendor invoice header, Lines, and Lines details is unavailable when posting from Pending vendor invoices to Open vendor invoices.
The detailed vendor invoice form with Vendor invoice header, Lines, and Lines details should be available when posting from Pending vendor invoices to Open vendor invoices. It prevents the users from checking the historical data of the information on the line details.
Optimize by minimize transactions when processing Royalty claims
Currently logic processing royalty claims
- Original accrual reversed with the orginal accrual date, causing financial periods to be reopen for which monthly reporting have been completed and settled, which is not optimal
- P&L transactions created again with vendor invoice, whe...
STATUS DETAILSNew
Approving broker claims with multiple lines when Tax Calculation Service is enabled
Broker claims- functionality is not supported by Tax Calculation Service for multiple lines in Broker claims approval. One broker may have several customers with different tax handling, or several lines per customer. Broker claims can only be approved on line basis when Tax Calculation Service...