The Briox Asset Registry - Step 2    

We continue adding functionality to our Asset Registry:

• A new Degressive depreciation method:  This will allow you to run both the regular degressive and the residual method of depreciation on your assets (FI).
  
  
• Settings for the Asset registry allow you to:
  • Set a default depreciation start date
  • Create an asset from a supplier invoice
  • View & access journal type information

• Link several supplier invoices to an asset
  • via tools
  • when writing up an asset
    
    
• Improved tracking between assets & journals
• Improved asset history displaying changes in depreciation methods
  
• The asset status is now visible on the asset
• Links to the relevant help centre articles from the top right corner of each page 
  
• Assets can be deleted & voided.
  
  
• Reports for the Asset Registry:
  • Depreciation carried out (per journal)
  • Asset information 

Accruals update continued:

• You now have an option regarding how to calculate your accruals:
  
  • by months (Amount/Months: previously the only option)
  • or by days (Amount/CalendarDays)
    This new option to calculate by days will provide you with an exact calculation removing the need for manual adjustment. Read more here.

• In an effort to further automate work we are automating the workflow when crediting accrued invoices. Read more here.
• More rows are now available in the accruals view for those of you working with numerous cost centres.
• The accrual settings now displays the Journal type used for accruals and links to the page.

Holvi attachments to banking (FI)

Users who have activated the Holvi-Briox bank integration can receive bank statements together with attachments straight into Briox. Read more.

Where: Banking - Process transactions

Small features

• Upon request, we have now enabled the possibility to post payments with an earlier date than the invoice date on both customer and supplier invoices. You simply receive a notification that you are doing this.
• The balance specification report header has dropped the mention "Accounting transactions, not reconciled".

Tips! 

• Tips for a smooth start to 2021: In order for you to get as smooth a start as possible in the new year, we have compiled a checklist of what you need to do in Briox in conjunction with the start of the new year. Go to Checklist »
  
  
• Read more about Automated VAT handling in Briox. 

Note:

As new reports were released in May last year (R20.4), the old Balance Sheet and Profit and Loss reports will be removed in next release.