The accounting functionality has been enhanced in TRAX, and now features the ability to print cheques out of TRAX for accounting purposes. This improvement enables us to move this critical accounting functionality from a 3rd party plug-in into the TRAX system.
In addition, we have updated the accounting system to provide a fully integrated accounting solution with added features:
- New filters
- Enhancement to accommodate discounts on A/P and recalculation logic
- Changes to accounting configuration to support accounting period match to transaction period
- Ability to write-off small discrepancies during payment entry for Accounts Receivable invoices
- Streamline of the Positive Pay file flow to support the cheque printing function