New Features & Changes – ACCPAC Advantage Series 5.1 (from 5.0)
System Manager
System Manager no longer ships with 1 user. You will receive 1 additional LanPak licence.
A Simple Object Access Protocol (SOAP) Interface.
New options for subledgers to determine their integration with the General Ledger.
Enhanced Finder options in all modules.
Import and export in XML and ODBC format.
New General Ledger options for Bank Services, including
Fiscal year and period for reversing payments and cheques.
Post bank entries at any time, to maintain bank accounts and General Ledger balances.
Tax authority changes.
Optional Fields is a separate product.
Multicurrency is a separate product (including for Enterprise Edition).
Longer fields to accommodate international customers.
Reports print collated and double sided.
Enhanced performance.
Accounts Payable
Improved payment entry.
Improved tax entry.
Suppress the default distribution for invoices and recurring charges.
Delivery method for vendors (mail, email, email of secondary contact). Used when sending documents from Purchase Orders.
Print and view posted batches.
Save personal settings for reports.
Print Zero Balance vendors on the Aged Payables report.
Multiple users may print cheques from different batches.
Accounts Receivable
Additional fields for contact information.
Delivery method for customers (mail, email, email of secondary contact). Used when sending documents from Accounts Receivable and Order Entry.
Save standard email messages, to be used when emailing Customer Statements.
Default Receipt Type by customer.
Allow Partial Shipments (Yes/No). Used in Order Entry / Invoicing.
Enhanced options for Invoice and Receipt processing (e.g. Invoice Batch type.).
Allows receipts with a zero total to clean up customer accounts.
Enhanced printing options:
Reprinting statements.
Printing statements that include members of National Accounts.
Save personal settings for reports.
Print and view posted batches.
Visual Basic Macro for Cash Flow Projection.
General Ledger
Print and view posted batches.
Create General Ledger accounts based on characteristics of existing accounts.
Set the posting period for auto-reversing entries.
Changes in the Financial Reporter:
FR options to carry forward opening balances for budgets and quantity data.
Save reports in Excel format.
Visual Basic Macros:
BUDGET.XLS – manipulate and update budget data.
SALES.RPT – PowerPoint presentation on sales figures from the General Ledger.
GIFI.XLS – export information required for T2 corporate income tax software.
Inventory Control
Additional printing options on the Item Valuation report.
Specify non-stock items on Bills of Material.
Order Entry
Supports the Allow Partial Payments option from Accounts Receivable. Note: This feature will stop invoicing of a partially shipped order, if the customer default is set to No, for "Allow Partial Shipments".
Option to set "Post Orders to Non-Existent Customers" to On or Off.
Support to send invoices by email.
Multiple email messages to accompany sending invoices by email.
User may specify the General Ledger account for non-stocking items, with use of a non-stocking clearing account.
Default expiration date for Quotes.
Purchase Orders
Send purchase orders to vendor’s delivery addresses or to the current print address.
Support to send purchase orders by email.
Multiple email messages to accompany sending invoices by email.
New web-enabled purchase orders data entry forms.
Improved transaction entry, for example fewer tabs.
Streamlined additional cost processing in receipt entry.
Visual Basic Macros:
Employees complete a form to request approval of items for purchase. Form emailed for approval, and creates a Requisition.
Employee selects a Requisition requiring approval, and an email is sent for the manager’s approval.
Managers approve a Requisition, and the macro creates the Purchase order.
Integration for Project / Job Costing
There are changes in the following core modules for integration:
Accounts Payable
Enter job related invoices, credit notes, and debit notes.
Adjust job related documents
Enter job related vendor payments
Apply partial payments to job related invoices
Accounts Receivable
Enter job-related invoices, credit notes, and debit notes.
Enter job-related adjustments.
Enter job-related receipts.
Apply partial receipts to job related invoices.
View job related customer activity.
Include job-related information on reports, invoices, and statements.
Inventory Control
Material Usage transactions posted.
Prints job information on the Shipment Posting Journal.
A specific data entry method (Time Card Entry) for users to enter time cards, licenced by the number of users required.