Product Release: 1304

We are pleased to introduce another range of enhancements in the latest version of the advanced Cloud based accounting and business system from Aqilla.

Account Reconciliation Report

The report has been enhanced to include information from the downloaded bank statements when using Automatic Bank Reconciliation. In addition to the existing sections displaying the Reconciled and Un-reconciled Transactions, an additional section displays any transactions up to the report cut-off date that have not been reconciled from the downloaded statements from your bank.

A new section at the end of the report now shows summary information of:

  • Calculated Ledger Balance = the sum of all reconciled transactions plus un-reconciled transactions in the account held in Aqilla up to the report cut-off date.
  • Calculated Balance at Bank = the sum of all reconciled transactions plus un-reconciled transactions downloaded from your bank account up to the report cut-off date.
  • Difference = the difference between the two totals above.

Account Enquiry and Ledger Enquiry

An additional selection criterion (Posted Timestamp) has been made available to select what transactions have been posted between a range of date and times. For example, it is now possible to select transactions that were posted in a given week or between specified times of day.

Excel Add-in

An update to the Excel Add-in provides improved performance when working with large numbers of formulae in Excel 2010 or 2013. In addition it is easier to define date selections when using the Account Enquiry and Ledger Enquiry functions - dates can be entered now as any one of 30/04/13, 30/4/2013, 30 Apr 2013, etc.

Month or year end doesn’t have to be slow or difficult. Here is a best practice guide to the busiest times of the accounting and finance year with 5 tips to facilitate a quicker and more efficient period end.