The latest release of Aqilla streamlines financial processes with automated currency rates and enhanced depreciation management.

We are excited to announce the release of new features designed to automate and enhance your financial management processes, now available on our newly launched Help Site. These features aim to simplify key tasks and improve accuracy for finance teams.Automated Currency Rates IntegrationNo need to manually update your currency rates.

Our system now supports automatic daily updates of currency rates, ensuring that your financial reports and transactions always reflect the most up-to-date exchange rates. This automation reduces errors and saves time, allowing your team to focus on more strategic activities.Periodic Depreciation for AssetsAfter engaging with our customers, we have enhanced our depreciation features to focus on automated periodic depreciation.

The system now automatically calculates depreciation for your assets at regular intervals, based on your selected depreciation method. In addition, users can directly post depreciation journal entries with ease, ensuring your financial records remain accurate and up-to-date.

You can also enquire on assets or depreciation documents to view detailed asset history, including acquisition costs, depreciation schedules, and past transactions – all from a single, user-friendly interface.