Latest Updates: app.precoro.com on July 22, app.precoro.us on August 1.

TABLE OF CONTENTS

• Optimized the Tolerance Limit Setting in the Supplier Profile
• Updating Default Options When Changing Suppliers

• Budget List Redesign

• Enhancing the Attachment Functionality

• 3-Way Match: Functionality Update

• Integration Updates

  • Updated Creation Process For Non-Integrated Taxes In Xero And QuickBooks

Optimized the Tolerance Limit Setting in the Supplier Profile

We have recently updated you on the Tolerance Limit merging with the Tolerance Rate. We have now prepared another optimization for a more comfortable TL setting directly in the Supplier profile.

We have added a new Tolerance Limit tab in the Supplier profile. Here, you can set the condition, select the limit type, and enter the needed amount, just as in the configurations in the Basic Settings.

Please note the new Limit Type field, where you can select either:

• The percentage of the amount “%”;
• The main company currency (e.g., USD) — in that case, the matching will be triggered if the document amount increases by the amount specified in the condition (applies to the Receipt matching as well).

Additionally, we have added the Tolerance Limit analytics to:

• Supplier Management Filters

• Display in the Supplier Management List

• Accounted TL in Reports

• Displaying TL changes in the Supplier Revision History

Updating Default Options When Changing Suppliers

We have added a new functionality to help you quickly update the Default options in documents when changing the Supplier. It will work in the following way:

• The default options selected in the previous Supplier will be automatically changed to the new options present in the newly added Supplier.
• If the new Supplier has no values in the options, the old values (from the previous Supplier) will be kept.

• If the new Supplier’s options differ in Item/Document Custom Fields, you might need to check and change the budget. If only the ICF were changed, the budget would be automatically selected, but you still might want to check the changes. Also, if the default ICF is not in the budget, then we will leave the previous choice. If the field does not comply with the budget, it will be highlighted in red so you will know to take a closer look at it.

Budget List Redesign

We have improved the Budget management page, and the updates include:

• Redesigned user interface.
• Color-coded display of budget expenditures.
• A new View by Budget Line feature on the filter panel that will allow you to open all budget lines on the page.

Enhancing the Attachment Functionality

Uploading files to Precoro becomes even easier with the new tip and a highlighted box where you can drag and drop the needed attachments. The improved attachments layout is available for all the Precoro documents:

3-Way Match: Functionality Update

Now, in the 3-Way Match functionality, the Payment Terms in the Invoice document will determine the functionality’s activation. So, if the Invoice has the Payment Terms set to Postpayment (i.e., the percent in the selected Postpayment Term is greater than 0), then the 3-Way Match will be activated.

Integration Updates

Updated Creation Process For Non-Integrated Taxes In Xero And QuickBooks

We have updated the Tax creation workflow so you can send documents to the integrated systems without issues. From now on, you will not be able to add new Taxes to Precoro from the Tax Management page. Rather, you can import them from the partnering integrated system Xero or QuickBooks.