What's New
Version 6.0.6
Release Date : 15 January 2020
 
1. Cockpit - ATC (Enhanced)
- Sales Air Traffic Control
  • Customers / Vendors / Products / Agents (Salesmen)
    • Select Customer / Product / Agent (Salesmen) : you may generate the report by Top N or by selecting manually
    • Sort on Profitability Column now possible : view by most profitable
    • New Column : Weighted Profit : calculated as Total Profit / Profit for Customer / Product / Agent (Salesman) as the case may be
    • Now displays Document Class Description
    • New Button : Document Class Reset
    • New Column : Carrying Cost : calculated at the notional interest of Stock-in-Hand
  • Zooming now available from Zero Transaction Customers – shows the list of Customers and Customer Wise Outstanding Amounts
  • Zooming now available from Zero Moved Products – shows the list of Products and Product Wise Stock in Hand
  • Zooming now available from Zero Transaction Agents (Salesmen) – shows the list of Agents (Salesmen) with contact details
(Cockpit - Snapshot - ATC - Sales Air Traffic Control)
(Cockpit – Sales – Top N Customers – Summary)
(Cockpit – Sales – Top N Customers – Details)
(Cockpit – Sales – Top N Products – Summary)
(Cockpit – Sales – Top N Products – Details)
(Cockpit – Sales – Top N Agents (Salesmen) – Summary)
(Cockpit – Sales – Top N Agents (Salesmen) – Details)
(Cockpit – Purchase – Top N Vendors – Summary)
(Cockpit – Purchase – Top N Vendors – Details)
(Cockpit – Purchase – Top N Products – Summary)
(Cockpit – Purchase – Top N Products – Details)
2. Cockpit – Snapshot (Enhanced)
– General Ledger/Cash/Bank
  • Segment Wise Reports - Profit & Loss Statement
    • Now shows Summary Totals
(Cockpit – Snapshot – General Ledger/Cash/Bank – Segment Wise Reports – Profit & Loss Statement)
3. Web Cockpit - Outstanding Sale Order (Enhanced)
- Sales
  • New Column : Product Code
(Cockpit)
4. Manufacturing Order – Costing Sheet (New)
  • New Report : Costing Sheet (Manufacturing Order Wise)
    • Shows notional cost of manufacture for each Manufacturing Order (MO)
    • Generate the detailed Cost Breakup irrespective of whether manufacturing has been completed against the MO or not
    • Go to System Controls – Manufacturing Tab and "Activate Actual Cost Calculation Method" first
(Manufacturing – Reports – Manufacturing Order – Costing Sheet)
5. Customer / Vendor Credit Limit (Enhanced)
  • New Option : Credit Period
    • Calculates Due Date on the basis of "Datewise" or "Monthwise"
  • Calculation of Due Date in Invoice entry as follows
    • Datewise : Due date in Invoice is calculated as Invoice Date + Credit Days as set up for the Customer / Vendor
      • Example: If Invoice Date is 05 November 2019 and Credit Period is 30 days, then Due Date will be 05 December 2019
    • Monthwise : Due date is calculated as per Last Day of Month in which Invoice is entered + Credit Days as set up for the Customer / Vendor
      • Example: If Invoice Date is 05 November 2019 and Credit Period is 30 days, then Due Date will be 30 December 2019
(Masters / Customers / Vendors / Customers)
(Masters / Customers / Vendors / Vendors)
6. Entry – Purchase Order (Enhanced)
  • "In Stock" option now shows Warehouse Wise Stocks for selected product
(Accounts Payable - Purchases / Entry / Purchase Order)
7. Add / Delete Attachment directly from the Home Screen (Enhanced)
  • Now possible to Add or Delete "Attachment" directly from Home screen for
    • Sale Invoice
    • Purchase Invoice
(Accounts Receivable - Sales - Entry - Sale Invoice)
(Accounts Payable - Purchases / Entry / Purchase Invoice)
8. Entry – Sale Invoice (Enhanced)
  • When modifying Sale Invoice (where Multiple Sale Orders are tagged) :
    • Product Selection now available
    • Possible to add a New Sale Order
(Accounts Receivable - Sales / Entry / Sale Invoice)
9. Customer Receipt / Payment (Enhanced)
  • Add / Remove Fields now available : allows you to select which fields you wish to see in the Home Screen
(Accounts Receivable - Sales / Entry / Customer Receipt / Payment)
10. Vendor Receipt / Payment (Enhanced)
  • Add / Remove Fields now available : allows you to select which fields you wish to see in the Home Screen
  • New field : "Bank Transaction Reference Number" : helps to keep track of e-payments made via the Bank Portals
(Accounts Payable - Purchases / Entry / Vendor Receipt / Payment)
11. Customer Debit / Credit Note (Enhanced)
  • Add / Remove Fields now available : allows you to select which fields you wish to see in the Home Screen
(Accounts Receivable - Sales / Entry / Customer Debit / Credit Note)
12. Vendor Debit / Credit Note (Enhanced)
  • Add / Remove Fields now available : allows you to select which fields you wish to see in the Home Screen
(Account Payable - Purchase - Entry - Vendor Debit/Credit Note)
13. Document Class - Codes (Enhanced)
  • Copy feature now available
(Masters – Document Class - Codes)
14. Masters - Report Scheduler (Enhanced)
  • Reports available under "User Defined Report" menu now available in Report Scheduler
(Masters – Report Scheduler)
15. Inventory – Bill of Materials (BOM) (Enhanced)
  • Choose the manner in which Bill of Materials (BOM) Cost for Raw Materials will be calculated
  • You may choose from the following options : Stock Valuation (assumes that the Raw Material in available in the warehouse), Product Buy Rate (the Buy Rate which you have entered in the Product Master) or Last Purchase Order (the last rate at which you had purchased the Raw Material)
  • Zooming now possible from "Material Cost Amount" : will display Product Wise Material Cost Breakup
(Inventory Warehousing / Entry / Bill of Materials (BOM))
16. Entry - Inventory Issues (Enhanced)
  • Internal Notes : introduced
(Inventory Warehousing - Entry - Inventory Issues - Issues)
17. Delete General Ledger Code: Detailed Transaction Listing (Enhanced)
  • Now shows Customer Code / Vendor Code / Product Code etc if the General Ledger is tagged / mapped in these : helps to identify what you need to unmap in order to delete the General Ledger Code
(Masters – Chart of Accounts – General Ledger)
18. Delete Purchase Inward Quotation : Detailed Transaction Listing (Enhanced)
  • When deleting a Purchase Inward Quotation (which is tagged in some transactions), the entire list of transactions will be displayed for easier delinking
(Account Payable - Purchases / Entry / Purchase Inward Quotation)
19. Delete Indent/Requisition: Detailed Adjustment Listing (Enhanced)
  • When deleting an Indent/Requisition (which is tagged in some transactions), the entire list of transactions will be displayed for easier delinking
(Account Payable - Purchases / Entry / Indent/Requisition)
20. Delete Bill of Materials (BOM): Detailed Transaction Listing (Enhanced)
  • When deleting a Bill of Materials (BOM) (which is tagged in some transactions), the entire list of transactions will be displayed for easier delinking
(Inventory Warehousing / Entry / Inventory Issues / Bill of Materials)
21. Document Vault with Search (Enhanced)
  • Now Attach Documents etc against each Employees (examples : Passport, NRIC, Educational Certificates, Visa etc)
(Utility - Attachment Repository - Indexing)
(Utility - Attachment Repository - Search)
22. Document Designs - Sale Invoice (Enhanced)
  • New Document Design introduced
    • Sale Invoice – Posting Details in the General Ledger are printed
(Accounts Receivable - Sales - Document Printing - Sale Invoice - Printing)
23. MIS Reports – Ageing Customers Data Dump (Enhanced)
  • New Columns :
    • Document Class Code
    • Document Class Description
(Accounts Receivable - Sales - Reports - MIS Reports - Ageing Customers Data Dump)
(Auditor's Toolbox - Ageing Customers Data Dump)
24. MIS Reports – Ageing Vendors Data Dump (Enhanced)
  • New Columns :
    • Document Class Code
    • Document Class Description
(Accounts Payable - Purchases - Reports - MIS Reports - Ageing Vendors Data Dump)
(Auditor's Toolbox - Ageing Vendors Data Dump)
25. Inventory Warehousing - Reports – Stock Ledger (Enhanced)
  • New Report Parameters introduced in Group Wise Report
    • Multiple UOM
    • UOM selection option
  • UOM Wise Breakup now available for Stock in Hand
(Inventory Warehousing / Reports / Stock Ledger / Group Wise / Detail)
(Inventory Warehousing / Reports / Stock Ledger / Group Wise / Summary)
26. Inventory – Stock Status Query (Enhanced)
  • Add / Remove Fields now available : allows you to select which fields you wish to see
  • New Columns :
    • Reserved Quantity
    • Free Stock
  • Now Zoom to individual transactions from
    • Manufacturing Order (MO)
    • Sale Order
    • Purchase Order
    • Reserved Quantity
(Inventory Warehousing / Reports / MIS Reports / Stock Status Query)
27. MIS Reports – Price History - Sales (Enhanced)
  • Zooming now available on Product Description
(Account Receivable - Sales / Reports / MIS Reports / Price History-Sales)
28. MIS Reports – Price History - Purchases (Enhanced)
  • Zooming now available on Product Description
Accounts Payable - Purchases / Reports / MIS Reports / Price History - Purchases)
29. MIS Reports – Analysis Vendor – Agent Wise (Enhanced)
  • Remarks now available in Default Design
(Accounts Payable - Purchases - Reports - MIS Reports - Analysis - Vendors - Agent Wise)
(Accounts Payable - Purchases - Reports - MIS Reports - Analysis - Vendors - Agent Wise - Consider Transaction)
30. Reports - Depreciation Statement (Enhanced)
  • New Parameter : Include Additional Description
  • New Column : Additional Product Description
(Fixed Assets / Reports / Depreciation Statement)
31. Reports – Purchase Order Data Dump (Enhanced)
  • New Parameter : Include Purchase Order in Separate Row : displays the connected transactions in subsequent rows
(Accounts Payable - Purchases / Reports / Purchase Order Data Dump)
32. Global Search (Enhanced)
  • "No match found" font and font color changed for better visibility
  • New Close (X) button introduced when "No match found"
(Search)
33. Purchase Invoice - Search (Enhanced)
  • Search "Document Class Name" introduced in Purchase Invoice
(Accounts Payable - Purchases / Entry / Purchase Invoice)
34. Inventory – Issue - Search (Enhanced)
  • Search "Cost Center Name" introduced in Inventory Issue
(Inventory Warehousing - Entry - Inventory Issues - Issues)
35. Email Campaign (Enhanced)
  • Preview option now available before sending Email
  • A new "Activity" will get created for the Contact when Email is sent
(Cockpit - ATC - Sales Air Traffic Control)
(Cockpit - Sales - Top N Products - Summary)
(Cockpit - Sales - Top N Agents (Salesmen) - Summary)
(Cockpit - Purchase - Top N Vendors - Summary)
(Cockpit - Purchase - Top N Products - Summary)
(Accounts Receivable - Sales - Entry - Sale Invoice)
36. FACT ERP.NG - Log In (Enhanced)
  • Increased Security : Multiple Logins for same User now checked (if a user is already logged in and another attempt and another login attempt is made for the same user, the logged in user will be logged out automatically for security reasons)
37. CRM - Activities (Enhanced)
  • Send Emails with your Company Logo or any other image
(CRM - Entry - Activities)
38. Export Documentation – Packing Details (Enhanced)
  • Gross Weight and Net Weight repeat feature introduced for faster and accurate entry in Packing Details
(Accounts Receivable - Sales / Entry / Sale Invoice)
39. Refreshed Interface (Enhanced)
Refreshed and Cleaner Interface for following :
  • Masters - Customers / Vendors - Update Customer / Vendor GSTIN
  • General Ledger/Cash/Bank - Reports - TDS Reports - TDS Computation Report
  • Statutory - Reports - GST - GST Exception Report
  • Auditor's Toolbox - GST - GST Exception Report
  • Manufacturing / Reports - Manufacturing / BOM Relationship
40. Entry - Sale Invoice (Enhanced)
- Applicable for India only
  • New Fields now available in 'Add / Remove Fields':
    • Trans Mode (Transport Mode)
    • Transporter ID
    • Transporter Name
    • Distance Level (KM)
    • Transport Document Number
    • Transport Date
    • Vehicle Type
    • Vehicle Number
(Accounts Receivable - Sales / Entry / Sale Invoice)
41. Multi Company Statutory Reports (Enhanced)
- Applicable for India only
  • Introducing Multi Company Reports for following Statutory Reports
    • Form GSTR-3B
    • Form GSTR-1
    • Form GSTR-2
    • Form GSTR-9
  • Merger can be created from Merged Companies – Specify/Edit Combinations
  • Merger should be created with Companies with the same State Code and GSTIN
(Statutory - Reports - GST - Form GSTR-3B)
(Auditor's Toolbox - GST - Form GSTR-3B)
(Statutory - Reports - GST - Form GSTR-1)
(Auditor's Toolbox - GST - Form GSTR-1)
(Statutory - Reports - GST - Form GSTR-2)
(Auditor's Toolbox - GST - Form GSTR-2)
(Statutory - Reports - GST - Form GSTR-9)
(Auditor's Toolbox - GST - Form GSTR-9)
42. GSTR-1 (Enhanced)
- Applicable for India only
  • New Tabs introduced
    • Reconciled with Accounts Receivable
    • Reconciled with General Ledger
    • HSN / SAC not Tagged
    • Unregistered Supply less than INR 2.5 lakhs
(Statutory - Reports - GST - Form GSTR-1)
(Auditor's Toolbox - GST - Form GSTR-1)
43. GSTIN Validation and Updation Tools (New)
- Applicable for India only
  • New module for updating GSTIN for Customers and Vendors
  • GSTIN is validated via online checking with GST Portal
(Masters – Customers / Vendors – GSTIN Validation and Updation Tools)
44. Masters – Customer / Vendor – Inter Bank GIRO (IBG) Tab (Enhanced)
- Applicable for Singapore and Malaysia only
  • New Tab : "Interbank GIRO (IBG) Bank Information" : for easier control
(Masters – Customers / Vendors – Customers)
(Masters – Customers / Vendors – Vendors)
45. Digital Service Tax (DST) (Enhanced)
- Applicable for Malaysia only
  • New Tax Code "DST 6%" available for :
    • Entry - Cash / Bank Voucher
    • Entry - Journal Voucher
    • Entry - Vendor Debit/Credit Note
(General Ledger/Cash/Bank - Entry - Cash / Bank Voucher)
(General Ledger/Cash/Bank - Entry - Journal Voucher)
(Accounts Payable - Purchases - Entry - Vendor Debit/Credit Note)
46. SST-02 Form (Enhanced)
- Applicable for Malaysia only
  • Product details of Sale Invoice documents of before year ending data has been made available
  • Product details under section "11. c) Taxable Services other than from Group H" for Opening Sale Invoices are now considered
  • The company should be CRM enabled and Year Ending process must be completed first
    • Important : map the "Initial" of the Current Year in "Select FACT CRM.NG Installed Company" in the previous year company
(Auditor's Toolbox / SST / SST-02 Form)
(Statutory / Reports / SST / SST-02 Form)
47. GST Form 5 (Enhanced)
- Applicable for Singapore only
  • Refreshed and Cleaner Interface in parameter selection
  • Zooming possible to Customer / Vendor transactions from Breakup Tab
  • Introduced "Box 10: Did you claim for GST you had refunded to tourists"
  • Tax Codes have been assigned for Sale and Purchase separately (Example : Sale - "SRCA-S", Purchase - "SRCA-C", "TXCA") as per current IRAS norms
(Statutory - Reports - GST – GST Form 5)
(Auditor's Toolbox - GST - GST Form 5)

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