Account & Inventory Reconciliation – Version 3.3.0 released

Release 3.3.0

In July 2022, AIR received a major update packed with new features to save time, further reduce accounting errors, and identify incorrect transactions more quickly. Here are the key improvements:

Fully Compatible with 64-bit

AIR now integrates seamlessly with the latest 64-bit JD Edwards versions and tools releases. What does 64-bit mean?
It refers to a more advanced way software and computers handle data. A 64-bit system processes data faster, manages larger amounts of information simultaneously, and is compatible with the latest technologies. This means AIR now allows you to use your ERP system more efficiently.

Additional sequence fields

• Nine extra sequence fields have been added, bringing the total to 44, enabling faster and more precise automatic transaction matching.

New calculation options

• Set a tolerance percentage to simplify matching transactions based on amounts or quantities.
• Limit tolerance amounts with a maximum to maintain control.
• Use default tolerance amounts for specific accounts to streamline automated processes.
• Adjust tolerance amounts manually during reconciliation to quickly resolve exceptions.

Enhanced auditing and logging

• Track who reconciled which transactions, and approve them through a straightforward process.
• Choose your logging preferences: per transaction, per session, or exceptions only.
• Leverage the new investigation feature to quickly identify outstanding actions, organized by account or responsible user.

Inventory Integrity for weighted average cost

• Validate inventory values more accurately when using weighted average costs, with new cost-level support.

Do you wish to upgrade your Account & Inventory Reconciliation to version 3.3.0 and make full use of these new features, please contact us at support@www.cadran.nl.