[NZ] May Product Update

NEW FEATURES & IMPROVEMENTS

MYOB Integration - Debtors and Creditors (Receivables and Payables)

We are excited to announce that our MYOB integration has been enhanced to now include debtors and creditors data which will prepopulate into the respective F05 Trade Debtors and H05 Trade Creditors workpapers. This will save you time and reduce the risk of manual input errors as you go about reconciling your clients' debtors and creditors from MYOB files.

What's next: We are actively investigating the possibility of importing payroll information from MYOB files into our workpapers. Stay tuned for future updates!

Link your Active Ledger Financial Report to your Active Workpaper Binder

This new feature allows users to link their financial reports to their binder for two key actions: previewing reports directly in Ledger or filing them as PDFs, either as new records or updated document versions, ensuring efficiency and flexibility in report management. To utilise this functionality, click to 'Add Record' button anywhere in the General Tab of your binder to add a Ledger financial report to this binder.

Note: Only binders connected to a Ledger dataset will allow this functionality.

New Features and Improvements

Monthly Depreciation Journals

You asked, we listened! The Assets module now supports automated monthly depreciation journals. Simply toggle the setting on to generate monthly journals, which can be reviewed and pushed back to your source system—saving you time and ensuring consistent processing. To learn more click here and here.

Split Account Creation to Streamline Journaling

To reduce duplication and avoid bloated source accounts, users can now create a split account within the Ledger platform. To do this, create a new account and select the Source Account to link this split account to using the drop down. This improvement helps maintain cleaner source data while supporting more detailed and flexible journal entries. Keep your chart lean and your workflow efficient.

Tip: To create a split account linked to an existing Source Account, add an asterisk (*) after the account number when raising journals. The split account will be associated with the Source Account preceding the asterisk.

Set Custom Watermarks at the Firm Level

Firms can now apply a custom watermark across all reports for added consistency and branding. Simply navigate to the Admin Centre to set your preferred watermark at a firm level, giving all generated reports the option to include a firm-verified identifier.

Improvements to the Standard Chart of Accounts

Users can now link disclosures to a standard header in the chart of accounts when working in the Admin Centre:

Users are now able to view all custom headers when working in a Page Layout in the Admin Centre

Improvements to Consolidation Mappings

When working on Consolidated datasets, if the 'Source Accounts' box is ticked on, users will now be able to see the source account icon an account comes from, along with the preview of values at this level:

Improvements to Reporting Fields

Updated the following field: {{DefaultFinancialStatementsComprise}} to be customisable and case sensitive when used in Reporting.

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New Features and Improvements

In-App Access to Release Notes

Release notes are now accessible directly within Active Platform via the Profile dropdown menu:

Active Sync Desktop Sync Status

Sync status visibility added for Active Sync Desktop, allowing users to easily track the connection status from the Integrations page