What's New - Version 7.0.16

1. Multi Factor Authentication (MFA) for User Login

• Heightened Level of Security for your valuable financial data is here now!
• Make User Login secure with Additional “OTP via Email”
  • Activation of MFA will require User to enter OTP received on their pre-authenticated Email ID (already entered in User Maintenance)
• Set up MFA via System – Configuration – Multi Factor Authentication (MFA) for
  • OTP Timeout (1 to 5 Minutes)
  • OTP Length (5 to 9)
  • OTP Attempts (Maximum = 3)
• “Disable MFA” via Server Admin Utility temporarily for selected Users

2. CXO Control Tower – Detailed General Ledger

• Multi Year
• Grouping and Filtering Options
• Drill Down to Transaction Card

3. CXO Control Tower – Inventory Reports

• New Columns
  • Warehouse Code
  • Warehouse Description
  • Batch Number

4. CXO Control Tower – Projects

• Print Project Card (or save as PDF) with comprehensive details of Milestones, Completions and Attachments

5. Standard Cost (BOM) vs Actual Cost Variance Report

• New : Standard Cost (BOM) vs Actual Cost Variance Report
  • Displays Variance between Standard Cost (as per BOM) vs Actual Cost

6. CXO Control Tower – Approvals Pending

• New : Issue Return

7. Report Scheduler – New Reports Added

• Month Wise Sale Summary
• Invoice Due Date Wise with Vendor Groups
• Stock Valuation – Warehouse Wise – On Product Group
• Stock Ledger – Warehouse Wise – On Product Group

8. Fixed Assets Reports

• “Additional Product Description” is displayed as entered by User

9. Miscellaneous – Post Dated Cheques – PDC List

• New Options
  • PDC Issued – Returned
  • PDC Received – Returned
  • Combined – Returned (optional)

10. Debit Note Entry & Credit Note Entry

• Now allows entry of Negative Amount (-) at Line Level
  (Net Amount of Debit Note or Credit Note Must be Equal To or Greater Than 0.01)

• Customer Debit Note
• Customer Credit Note
• Vendor Debit Note
• Vendor Credit Note

11. Ichiban Payroll Guru – Leave Adjustment Entry

• All Leave Adjustment Entries now visible for easy tracking

12. Ichiban Payroll Guru – Leave Current Entry

• All Current Leave Entries now visible for easy tracking

13. Ichiban Payroll Guru – Hold & Release Salary

• New Tab in Employee Master:  Hold &Release Salary
  • Enter “Hold Salary Date” to block Salary from being processed
  • Enter “Release Salary Date” will allow Salary to be processed

14. Ichiban Payroll Guru – Employee Master 

• Save Amounts under Heads of Pay (HOP) under Employee Master
  • Master Pay Items / Heads of Pay (HOP)

15. Compliance Monitor Guru – Import Template

• New Column : First Submission Date

16. Attachments from Sale Invoice to Customer Receipt

• Attachments in Sale Invoice are automatically carried forward to connected Customer Receipts

17. Stock Status Report

• New Parameter = Display Last Level Sub Group (SG) Only
  • Possible to collapse SG1 and SG1.1 and show only Group and SG1.1.1 and Product Code

18. Audit Trail

• Select Multiple Documents in “Number Wise”

19. User ID Visible in Every Screen

• User ID displayed in Bottom Status Bar in every screen

20. Bill of Materials (BOM) Entry

• Additional Fields in “Other Costs”
  • Quantity
  • UOM
  • Rate

21. Finished Goods Received Entry

• Additional Fields in “Other Costs”
  • Quantity
  • UOM
  • Rate

22. Purchase Data Dump

• New Column : Bank Transaction Reference Number / UTR in
  • Vendor Ledger Data Dump
  • Receipts Register Data Dump – Purchase
  • Payments Register Data Dump – Purchase

23. Purchase Data Dump (Summary)

• New Columns
  • Vendor Invoice Number
  • Vendor Invoice Date
  • D/O (GRN) Number
  • D/O (GRN) Date
  • Purchase Order Number
  • Purchase Order Date

24. Vendor Payment Register Data Dump

• New Columns
  • Vendor’s Bank Account Number
  • Vendor’s Bank Name
  • Vendor’s Bank IFSC Code
  • Vendor’s Bank Address Line 1
  • Vendor’s Bank Address Line 2
  • Vendor’s Bank Address Line 3
  • Beneficiary Bank Account Name
  • Beneficiary Account Number

25. Customer Master – New Facility
– Applicable for India Only

• When GST State Code =“96 – Others”
  • Postal Code in Billing Address & Shipping Address of the Customers will auto-filled as“999999” (non-editable) to comply with GST E-Invoice Validation

26. TDS/eTDS – Form 26Q
– Applicable for India Only

• File Validation Utility (FVU) Upgraded to NSDL Version 8.5

27. Ichiban Payroll Guru – Payroll Settings – Pay Structure
– Applicable for India Only

• Labour Welfare Fund
  • Maximum Limit for Employee Contribution Revised to INR 31.00 wef 01.01.2023 for State = Haryana

28. Document Designer and Report Writer – Million Format
– Applicable for India Only

• New Property : Show Amount In Million Format
  • Default Amount is in Lakhs &Crores Format

29. Fixed Asset  – Depreciation Calculation Method
– Applicable for India Only

• New Depreciation Calculation Method incorporated as per The Companies Act, 2013
  • Straight Line (Schedule – II)

30. GST Codes
– Applicable for Singapore Only

• Mark GST Code as Active or Dormant
  • Increase data entry speed and reduce data entry errors by marking old GST Codes as Dormant

31. InvoiceNow (PEPPOL) – New Facility
– Applicable for Singapore Only

• InvoiceNow (PEPPOL) Upload With Attachment for
  • Purchase Order
  • Sale Invoice
• InvoiceNow (PEPPOL) Import With Attachment for
  • Sale Order
  • Purchase Invoice

32. Company Master
– Applicable for Malaysia Only

• New Field : EPF Registration Number

33. GST/SST Codes
– Applicable for Malaysia Only

• Mark GST/SST Code as Active or Dormant
  • Increase data entry speed and reduce data entry errors by marking old GST/SST Codes as Dormant

34. Ichiban Payroll Guru – Payroll Settings – New Heads of Pay (HOP)
– Applicable for Malaysia Only

• New Pay Items/Heads of Pay (HOP)
• HRDF Levy

35. Ichiban Payroll Guru – Borang A (EPF-6)
– Applicable for Malaysia Only

• New Statutory Report : Borang A (EPF-6)
• Generate in CSV Format (as per KWSP|EPF specifications)

36. New Nepal VAT Reports
– Applicable for Nepal Only

• Following New VAT Reports added as per IRD Format
  • VAT Sale Return Register
  • VAT Purchase Return Register

37. Updated Nepal VAT Reports (as per Revised IRD Formats)
– Applicable for Nepal Only

• Following VAT Reports updated as per Revised IRD Format
  • VAT Annexure 10
  • VAT Sale Register
  • VAT Purchase Register
  • One Lakh Above Transaction Report

38. Nepal VAT Reports – New Export Option
– Applicable for Nepal Only

• Export VAT Reports directly to Excel (as per IRD Format) for direct upload to IRD Portal
  • VAT Sale Register
  • VAT Purchase Register

• • One Lakh Above Transaction Report

39. Purchase Return – Remarks
– Applicable for Nepal Only

• New Fields in Remarks
  • Import Return Value (NPR)
  • Import Return VAT Amount (NPR)
  • PP Number

40. Document Designer and Report Writer – Million Format
– Applicable for Nepal Only

• New Property : Show Amount In Million Format
  • Default Amount is in Lakhs & Crores Format

41. Company Master – New Fields
– Applicable for Nepal Only

• New Field = Offline Sync
  • To enable syncing with IRD Server via Scheduler, Offline Sync should be Yes