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03/15/2023 v2023.04
We are listening! Items with this label are a result of your suggestions in uInnovate. Please continue to share and support those ideas that help your business.
Country Selection in Parameters: Germany and Italy have been added as options in the country selection within parameters.
Purchase Order Suspense Detail: A new report has been created for those of you that use your purchase order suspense accounts. It will create a list of all received but not posted purchase order items for easy reconciliation. This saves time from having to go filter all of these items in the purchase order grid. I bet we made some bunny out there really happy.
Ad-hoc Pricing: We have hidden a new way to price line items called ‘Ad-hoc’ pricing in your Easter baskets. When the user changes a price on the line item, a third section has been added for an ad-hoc special rate. When this price is set, it will persist for the lifetime of the contract. It will carry over to the next invoice if the contract is continuation billed. It will not change when the line is modified. If the contract is cloned, it will follow the ‘yes’ or ‘no’ answer to the prompt about recomputing prices. A change in quantity will use the derived each price of the ad hoc price to update the price. Discounts can be set against ad hoc prices. Additionally, security in the transaction section of security allows the user to turn this ability on/off on a company, group, or employee level. Now if you’ll excuse me, I’m off to eat my weight in deviled eggs.
Turn Off Subrental Prompt: For some users, they would like to allow overbooks, but do not want to be bothered with the subrental prompt because they settle their inventory shortages in another way (purchasing, transfers, etc). Now, the “Do you want to submit a subrental request?” prompt can be turned off in the Transaction section of the browser configurations. Should users need it, they will still be able to create a subrental by adding a quantity to the subrent pending column and right clicking on the line item.
Translated Report Names: The report names for the Customer Inactive Report and Customer Income by Zip will now translate. It’s not much, but it’s honest work.
WebPay URL Contract Format: The new webpay URL field from parameters was not working with web pay links in contracts. Now it is. *confetti*
‘Debit Memo’ Contract Label: Credit contracts can be created in the system for both positive and negative amounts. While the phrase ‘Credit Memo’ will still be used on credit contracts for a negative value, ‘Debit Memo’ will be used in place of it for credit contracts of a positive value. This helps prevent confusion when the credit invoice is sent to a customer.
Memory Lane Monday: This is a fun corner where we republish release notes from previous sprints you may have forgotten about.
Customer Rewards: Are you a member of a frequent flyer program? Does it affect your habits? Our sales guys all belong to different airline’s programs. What we see is that our sales guys will spend a great deal of energy (and extra cost) to make sure they fly with that airline. Many consumer studies will show similar results. If you give a person a “treat” for a desired action, they will continue to do that action. Pavlov proved this with dogs and the same applies to people. There are many customer reward programs from airlines, to Starbucks, to grocery stores and they all have the same intention of getting customers to buy more of their products. To encourage your customers to rent more from you, we have created a Customer Rewards system. You define the percentage of each type of income that you want to reward the customer with. For example, you might want to give 1% rewards on rental and .5% rewards on sales and nothing for asset sales. As the customer rents from you, the rewards will automatically accrue in their account. These rewards can then be used on future rentals. You also define the expiration date on rewards. For example, you can set them to expire after 6 months thus encouraging your customers to come back within 6 months to get the benefit. The accruing of the rewards and the expiring of unused rewards are automatically handled by the system. If the customer has any rewards available, the counter person will be given the option of applying the rewards to the current contract. Please contact sales to have the module enabled .
Recapitalization: Yeah it is a big word, but it simply means that you can add value to an existing item and then separately capitalize the increase. This can happen when you replace the engine in your Cat D11. You would continue to depreciate the unit based on the original purchase date and price, but in addition you would depreciate the engine from today and maybe with a different deprecation method. Now you can handle this seamlessly through your system. You can manually add the recapture line in the Item record under Purchase Details or you can write an IRO for the unit. When you close the IRO and the repairs are over $1,000, you will be asked if you want to recapitalize the repairs. If you answer Yes, the repair cost and date will automatically be added to the purchase details. If you want to change the depreciation method or years, you would modify the item and select the Purchase Detail to enter specific values.