Nama ERP Release Notes - January 2019

Release Information

Release Date: January 2019
Release Number: 201901

Additions

Inventory

• Inventory Count Voucher: Added the option "Start New Year Inventory Count with Updated Balances" on the document header.
• Item File: Added the field "New Year Storage Strategy" with advanced options.
• Added the report "New Year Inventory Plan" based on prior-year data.
• Stock Receipt Voucher: Added the option "Automatically Apply New Year Prices".
• Added the option "Review Inventory Policies Annually" in the distribution management settings.

Sales

• Sales Invoice: Added the field "New Year Sales Targets" on the document header.
• Quotations: Added the offer "New Year Welcome Offers" to attract customers.
• Sales Order: Added the option "Link Orders to the Annual Sales Plan".
• Added the report "Growth Forecast for the New Year" based on historical trends.
• Sales Invoice: Added the ability to apply updated New Year prices.

Purchasing

• Purchase Invoice: Added the field "Annual Purchasing Plan" on the document header.
• Purchase Order: Added the option "Review Vendor Agreements for the New Year".
• Added the report "New Year Purchasing Needs Analysis" by seasonality.
• Purchase Invoice: Added the ability to apply updated payment terms.

Accounting

• Receipt Voucher: Added the option "Apply New Collection Policies" on the document header.
• Payment Voucher: Added the field "New Year Expense Budget" with tracking.
• Added the report "New Year Financial Plan and Budget" with forecasts.
• Journal Voucher: Added the ability to start an updated chart of accounts for the new year.

Service Center

• Job Order: Added the field "New Year Service Development Plan".
• Added the report "New Year Customer Service Strategy" with specific targets.
• Job Order: Added the ability to update maintenance contracts for the new year.
• Added the dashboard "New Year Target Performance Indicators".

Human Resources

• Payroll Voucher: Added the ability to apply annual raises for the new year.
• Added the field "New Year Professional Development Goals" to the employee file.
• Leave Voucher: Added the option "Renew Leave Balance for the New Year".
• Added the report "New Year HR and Recruitment Plan".

Manufacturing

• Production Order: Added the field "New Year Production Targets" on the document header.
• Production Execution Document: Added the ability to apply updated quality standards.
• Added the report "New Year Technical Development Plan" for equipment and processes.
• Production Order: Added the ability to update production capacity plans.

Banks

• Letter of Guarantee: Added the field "Review Credit Limits for the New Year".
• Added the report "New Year Banking and Credit Plan" with forecasts.
• Cheques: Added the ability to start new chequebooks for the updated year.
• Bank Reconciliation Memo: Added the ability to start new year reconciliations.

Point of Sale

• Added the ability to apply New Year prices across all points of sale.
• Added the option "New Year Welcome Offers" with a set duration.
• Added the ability to update loyalty programs and reward points.
• Added the report "New Year Point of Sale Development Plan".

Real Estate

• Sales Contract: Added the field "Update Property Prices for the New Year".
• Added the report "New Year Real Estate Investment Plan" with forecasts.
• Collect Document: Added the ability to apply updated collection policies.

Settings

• Added the option "Fully Configure the System for the New Fiscal Year" in Global Config.
• Scheduled Task: Added the ability to schedule operational start-of-year tasks.
• Added the "New Year Data and Settings Migration" system, automatically.
• Improved the backup system to support the start of the new year.
• Added the option "Update All New Year Policies and Procedures".

Fixes

Inventory

• Inventory Count Voucher: Fixed an issue where, when starting the new year inventory count, some data from the previous year was not carried over.
• Item File: Fixed an issue where the storage strategy was not applied equally to all item categories.
• Inventory Plan Report: Fixed an issue where seasonal forecasts were not accurate enough.
• Apply New Year Prices: Fixed an issue where it did not work with items in different currencies.

Sales

• Sales Invoice: Fixed an issue where New Year sales targets were not distributed across periods realistically.
• New Year Offers: Fixed an issue where they were not applied to customers with confirmed price contracts.
• Link Orders to the Sales Plan: Fixed an issue where it did not work with urgent or exceptional orders.
• Growth Forecast Report: Fixed an issue where it did not account for expected economic changes.

Purchasing

• Annual Purchasing Plan: Fixed an issue where it was not fully integrated with production and sales plans.
• Vendor Agreements Review: Fixed an issue where it did not cover all sub-clauses and terms.
• Purchasing Needs Report: Fixed an issue where it did not account for expected price fluctuations.
• Updated Payment Terms: Fixed an issue where they were not applied to long-term contracts.

Accounting

• New Collection Policies: Fixed an issue where they were not applied to overdue debts from the previous year.
• Expense Budget: Fixed an issue where tracking did not work with unexpected expenses.
• Financial Plan Report: Fixed an issue where forecasts did not account for expected inflation impact.
• Updated Chart of Accounts: Fixed an issue where some accounts did not carry over with correct balances.

Service Center

• Service Development Plan: Fixed an issue where it did not account for expected technical developments in the field.
• Customer Service Strategy: Fixed an issue where the specified targets were not measurable in some cases.
• Maintenance Contracts Update: Fixed an issue where it did not include updates to spare part prices.
• Target Performance Indicators: Fixed an issue where they were not realistic compared to available capabilities.

Human Resources

• Apply Annual Raises: Fixed an issue where it did not account for employee performance in the last quarter of the previous year.
• Professional Development Goals: Fixed an issue where they were not aligned with the company's strategic plans.
• Renew Leave Balance: Fixed an issue where it did not apply different policies by job type.
• HR Plan: Fixed an issue where it did not cover recruitment needs for new projects.

Manufacturing

• New Year Production Targets: Fixed an issue where they did not account for current production capacity constraints.
• Updated Quality Standards: Fixed an issue where they were not applied equally across all production lines.
• Technical Development Plan: Fixed an issue where it did not include the expected costs of updates.
• Production Capacity Plans Update: Fixed an issue where it did not account for scheduled periodic maintenance dates.

Banks

• Credit Limits Review: Fixed an issue where it did not include updated guarantees and insurance.
• Banking Plan: Fixed an issue where forecasts did not account for expected exchange rate fluctuations.
• New Chequebooks: Fixed an issue where they encountered problems connecting with banking systems.
• New Year Reconciliations: Fixed an issue where they did not start with the correct balances from the previous year.

Point of Sale

• Apply New Year Prices: Fixed an issue where it did not work with items on special offers.
• New Year Welcome Offers: Fixed an issue where the specified duration was not applied correctly.
• Loyalty Program Update: Fixed an issue where it encountered problems carrying over customer points from the previous year.
• Point of Sale Development Plan: Fixed an issue where it did not cover expected operating costs.

Real Estate

• Property Prices Update: Fixed an issue where it did not account for local market fluctuations.
• Real Estate Investment Plan: Fixed an issue where forecasts did not cover regulatory and legal risks.
• Updated Collection Policies: Fixed an issue where they were not applied to contracts with exceptional terms.

General Improvements

• Improved system performance for handling new year data efficiently.
• Updated the user interface to reflect the new updates and developments.
• Added more planning and analysis tools for the new year.
• Improved the security system to protect data during the year transition.
• Developed helper tools to ensure a smooth transfer of data and operations.