IRIS Financials Version 7.0.2290 — November 2024
The following updates were made to IRIS Financials during November 2024:
Install IRIS Financials Version 7.0.2290
Use IRIS Autoupdater to install the ALL_IRIS Financials_Build 2290_CLIENT General Release.abp and ALL_IRIS Financials_Build 2290_SERVER General Release.abp packages.
New Features
Confirmation of Payee
For customer and supplier accounts, you can now validate the authenticity of the bank details provided using Confirmation of Payee checks.
For more information, go to Confirmation of Payee Release Notes.
Remove Hold Menu Option on Detail Enquiry
For documents with Held or H status, an option to Remove Hold has been added to the menu when right-clicking the detail line.
Cross Reference Criteria Options for Enquiries
To allow activity of one supplier for a specific cost centre to be displayed when using enquiries, Cross Reference Ledger (X Ledger) and Cross Reference Account (X Account) options have been added to the Nominals and Accounts criteria tab.
Manual Bank Reconciliation Suggest Matches
To save time when using Manual Bank Reconciliation, IRIS Financials can now suggest matches for bank statement and cashbook transactions.
When doing manual reconciliation, either select a transaction from the Bank Statement side, then SUGGEST STATEMENT MATCHES, or from the Cashbook side, then select SUGGEST CASHBOOK MATCHES.
IRIS Financials highlights all transactions it thinks could be a matches based on date and value. Items you do not want to match can be cleared, then the correct items can be matched.
Fixes and Updates
- Matching issues resolved when using REFRESH AND RETAIN with Match one to one for multiple pages during Manual Bank Reconciliation.
- Ledger List values are now displayed correctly when Separate Nominals is selected in the criteria.
- Resolved the issues that display an error about the application needing to restart when running a Ledger List.
- When using the Separate Nominals option for a Ledger List, if the nominal does not have a Budget, a value is no longer displayed.
- Changes made to the Account or Nominal in Budget Details now save and display updates correctly.
- Accounts and Nominals now only display in Budget Details if the user has been assigned to a role or group with Security settings for them.
- Bank reconciliation has been split into separate items in the Banks menu for automatic and manual reconciliation, and the order of the menu items has changed:
For automatic reconciliation, select Automatic Bank Reconciliation.
An option to go to the manual reconciliation screen is displayed at the end of the automatic reconciliation wizard.
- For manual reconciliation, select Manual Bank Reconciliation.
- Period States are being automatically applied to all periods if not already assigned. For more information about Period States, go to IRIS Financials Version 7.0.2103 — October 2023.
- If using Media Exporter, the Payment Run State now updates to Done correctly.
- Error no longer displays when a criteria Value is not selected for Automatic Allocation.
- Disputed items are no longer included when Automatic Allocation is used to allocate documents and an error is no longer displayed.
- Users who do not have permission to edit an Account, Ledger, or Nominal now have a padlock icon displayed against the relevant item in the Maintenance window list.
- For Enquiries, the layout for displaying expanded and collapsed grouped values has been improved in the exported document, and a total displays at the bottom when items are expanded.
- User Field columns on the Detail Enquiry now have standard filtering options.
Removed Features
For the changes to split the options to automatically or manually complete bank reconciliation into separate menu options, the following features have been removed:
- For automatic reconciliation, on the Bank Reconciliation wizard the Auto Reconciliation option has been removed.
- For Manual Bank Reconciliation, the RETAIN AND REFRESH option has been removed as it is now done automatically.