Latest Updates: app.precoro.com on September 19, app.precoro.us on October 3.

TABLE OF CONTENTS

• New Open PO Report

• Added the Ability to Set Vacation Mode for Company Admins

• More Personalization for a Supplier Custom Form

• Partly Received PO Status Update

• New Infocard in the User Management

• User Interface Improvements

  • Marketplace Integration Management Page

  • Unit Management and Payment Terms Pages Update

• Integration Improvements

  • Set Up Grainger PunchOut Catalog

• • Upcoming API Changes to the Invoices Endpoint
    
    • OCR Improvements

    • Ability to Edit the Credit Note Tax

New Open PO Report

The new Open PO Report will help you track all open Orders that have not been fully received or paid, enabling better management of financial obligations, accurate expense tracking, and efficient month-end or quarter-end closing processes.

The main functional features of the report include:

• Identifying incomplete Orders — helps identify Purchase Orders that have not yet been finalized.
• Understanding outstanding amounts — provides information about amounts that are still awaiting payment or receipt.
• Better financial flow control — aids in monitoring financial flows and planning for future expenditures.
• Streamlining month-end or quarter-end processes — ensures accurate tracking of all expenses that need to be accounted for, making the month-end or quarter-end closing processes much more efficient.

The report will display POs in the following statuses: Approved, In Revision, Pending, and Matching.

The report covers all PO types: Standard POs, Blanket POs, and Custom POs.

All amounts and calculations in the report are presented in both the document and the company currencies.

Added the Ability to Set Vacation Mode for Company Admins

Now, the company Administrators will have access to set the Vacation Mode for users, this will help with quick resolution of document management if a user went on vacation and did not manage their replacement.

In the User Edit mode, the Configuration Role holders will be able to see and manage the Vacation Mode functionality by assigning Substitutes and Backup Approvers.

Additionally, if a user has already set up the Vacation Mode in Profile Settings, it will be displayed in User Management as well — changes are synchronized.

More Personalization for a Supplier Custom Form

We have added even more personalization settings to the Supplier Custom Form so now you can manage all the OCR and Supplier Default Options that your users will see when adding or requesting new Suppliers.

All those fields can be managed in the Supplier Custom Form editing mode, where you can add or remove them from the form, thus making it easier for your users to fill them out:

Partly Received PO Status Update

Now, when confirming the Purchase Order with non-receivable items (like Shipping and Tax types), the document will not obtain the Partly Received status.

For the document to have the Partly Received status, it must contain items that can received.

The Purchase Order autocomplete will take place if all the regular items are received (except for the non-receivable ones), invoiced, and paid (all items have to be paid, including the non-receivable ones).

The Purchase Order manual completion will take place when all the received items are paid, wherein the amount of receipt may be less than the amount in the invoices.

The following statuses in PO are now possible as well:

• Completed, Not Received, Paid — when in PO, there were only non-receivable items, and the Order was paid in full.
• Completed, Received, Paid — when in PO, there were possible to receive items (and they all were fully received), as well as non-receivable ones could also be included, and the document was paid in full.

New Infocard in the User Management

We want to make the admin’s life easier and let them know that there are users with incomplete settings and unsent invites to join Precoro. Those users can be easily found by the new Not Finalised Invitations infocard on the User Management page.

When clicking the infocard, you will see the list of users who did not receive invitations to join Precoro as their profiles were not finalized. You can fix that by checking their access and resending the Invite.

User Interface Improvements