New Features in Version 2016 Release

Peresoft is pleased to announce the release of Cashbook, RecXpress, RecXpress for Bank Services and EFTXpress 2016.

Cashbook

• Speed improvement on Cashbook bank reconciliation date range selection.
• Distribution Set Fixed Percentage Allocation - Specify the percentage of the total amount to allocate to each distribution set line.
• Inactive Bank Option - Option to set the bank as inactive to not print on the bank summary report and prevent batch entries or reconciliation.
• Default Tax Method by Bank - Option to set Default Tax Method by bank to Calculate, Enter or Tax Line.
• Inactive Bank in Bank Reconciliation - Bank reconciliation for inactive bank opens in read-only mode.
• Show All Marked Entries - Option to show all marked entries in bank reconciliation.
• Adjust All Marked Entries - Option to adjust marked entries range in bank reconciliation.
• Reconcile Adjustment Entries During Posting - Option in posting to reconcile adjustment entries.
• Post button in Batch Entry to post the batch from within the batch.
• Entered By field in Batch Entry to indicate the User that entered the batch.
• Data Integrity option to Check Balances Only for a quick check of the Cashbook balances.

RecXpress

• Option for Multiple reconciliation  Option to reconcile a single or multiple bank statement entries to a single or multiple Cashbook entries.
• RecXpress Statement History - History of posted bank statement reconciliations.
• RecXpress History Cashbook Transaction Detail Drill Down - Drill down to detail in Cashbook transaction or history file.
• Match With Error Option - Option to select whether entries should be matched with error or not during bank statement import.
• Reconciliation Match Options - Option to match entries by Reference, Reference|Description, Description, Description|Reference during bank statement import.
• Generate Unapplied Cash AR Receipt entries.
• Finder on Compare Description field in Template Rules  To easily find any rule in the Rules Template.
• Auto Allocate Accounts Payable and Accounts Receivable entries by Document Number, Document Date or Due Date when generating batches.
• RecXpress Options - Option to Post Cashbook RecXpress batches automatically.
• RecXpress Options - Option to set RecXpress Auto Allocate Defaults.
• Entry Date - Enter the date at which the Cashbook entry is generated in the batch.
• Filter on the Cashbook transactions displayed in the RecXpress reconciliation.
• Drill down to the layout of the bank format in the Bank Formats list.

EFTXpress

• Setup payment information for multiple vendor bank accounts per Cashbook Bank Code.
• Additional fields available to select for My Statement Description Setup and Beneficiary Statement Description Setup.
• Drill down to view required fields for a particular bank format.
• EFT Process Date moved from EFT Bank Setup to Batch Control for easy editing.

For a full list of features in Peresoft's 2016 products you can view this powerpoint presentation.