|
Ajera and PORTFOLIO 5.10
Packed with New Features and Improvements!
The Ajera and PORTFOLIO 5.10 release is one of our most feature-rich releases ever. New features include:
- Recurring vendor invoices
- Recurring journal entries
- Auto-reversing journal entries
- Allocated accounts
- Expense commitments
- In-house expense logs
In addition, we have made improvements to many of the features you use the most–with 5.10, your daily workflow just got a lot smoother.
Recurring Vendor Invoices
With this new feature, you can avoid entering the same information repeatedly for vendor invoices you pay on a regular basis, such as every month. You can even choose to pay the invoice automatically.
Recurring Journal Entries
You can avoid entering the same information repeatedly for journal entries you make on a regular basis, as well. For example, you may set up a recurring journal entry for professional liability insurance.
Auto-reversing Journal Entries
Auto-reversing journal entries make it easier than ever to match expenses with revenues. Each auto-reversing journal entry consists of an entry and a reversing entry; Ajera or PORTFOLIO makes the entry and reverses it out on the dates that you specify.
Allocated Accounts
Let allocated accounts do the math for you! Allocated accounts automatically distribute overhead expenses among your firm’s departments when you use them in vendor invoices, journal entries, recurring entries, or the bank register. Any Expense or Other Income account can be an allocated account; all you have to do is specify the percentage each department is responsible for.
Expense Commitments
PORTFOLIO only. Expense commitments allow you to monitor and control expenses, both reimbursable and consultant, at each phase of a project. PORTFOLIO also verifies vendor invoices to the commitment cost budget and generates warning notices to ensure you are not overbilled and that your projects stay within budget.
In-house Expense Logs
Get your in-house expenses in order with expense logs. An expense log is a convenient way to group and enter similar expenses, such as photocopies or vehicle mileage. Give each log a detailed description, and you’ll have no problem finding expenses later.
For Information
For more details about 5.10, go to www.axiumae.com/solutioncenter/updates.
To view online lessons of the new features, go to the Axium Solution Center and select Training > Online E-Learning Lessons.
|
