What's New?

BankLink Practice

September 2010

System Options - Interfaces tab

Added the option to ignore zero amount transactions when the transactions are extracted to a data file ready to be imported into your main accounting system by enabling the Include zero amount, narration only, entries when extracting data checkbox

Finding a transaction

You can find an entry in the Code Entries Screen using the Find field to search all columns, the current Code Entries Screen is filtered to display transactions that match the search value and hides all other transactions
You can use the Clear button to remove all values from the Find field which refreshes the Code Entries Screen Grid to display all transactions

GST Transitional Return

Following the government’s Budget 2010 announcement, the GST Rate will increase from 12.5% to 15% from 1 October 2010
If a customers’ GST return period does not end on 30 September 2010, they will need to complete a transitional return for the first period on, or after, 1 October 2010
For GST Returns which have a taxable period that spans the date of the rate change, a GST Transitional Return will be displayed in BankLink Practice
On any GST Return that includes September 2010, you see a link to the GST105 which is the IRD’s GST rate change adjustment calculation sheet. Follow the instructions provided by the IRD to determine whether you need to complete the GST105, and if so, where to add the information on your GST Return

May 2010

Data

Added daily data download frequency for those financial institutions that are able to supply different frequencies of data

Bank Account Maintenance Screen

New Frequency column that shows how often the account data is available to be downloaded
- Monthly
- Weekly
- Daily
- Change pending flag for accounts where a frequency change request has been sent
New request field to change the frequency of the selected bank account/s
This request is then emailed to BankLink Client Services for processing
Link to a list of Financial Institutions that provide Daily Data on the BankLink website
Option to be notified when Daily Data transactions are available for download

Retrieving and Processing Data

The System|Start New Month field has been renamed to System|Start New period to reflect the greater options

Third Party Authority Forms

New data download frequency period options on the Third Party Authority Form in the software and pdf versions
Option in Bulk Authority Form Import to specify data download frequency periods

March 2010

Clients page

New Accounts link indicating how many new accounts have been downloaded
Unattached Accounts link showing the number of unattached accounts - click the link to go to the Setup New Accounts window where you can attach the accounts to client files

System Bank Accounts

New layout showing more account detail
Client Code and Client Name columns showing which client file a bank account is attached to
Charge column to show whether or not charges are exported to your practice management system
Secure Code column to show which accounts belong to which BankLink Books Secure client
Institution column
Inactive column identifies bank accounts no longer receiving data from The BankLink Service
Direct link to the Setup New Accounts window
Link to email BankLink Client Services a delete request
Filter the bank account list to those you're working on
Search available on bank account number, bank account name, client code or client file name
Choose which columns to display and in what order
Sort on any column - in ascending or descending order
Print the current view

Import Third Party Authority Forms

Import an Excel file containing multiple clients' details to pre-fill authority forms, saving time if:

Your practice is new to BankLink
A new institution comes on board
A practice merge or split occurs
An additional partner needs to add their clients on

Emails

Full colour palette to set branding colours for fonts and backgrounds
Date and Time added to the merge fields
Extra toolbar options

Custom Documents

Create custom documents
Add a custom document as a Favourite report
Include with Scheduled Reporting for all or individual clients

Reports

Coding Optimisation Report showing how transactions are coded within client files
List Payees - produce in name or number order, rule a line between payees

Report Header/Footer changes

Add a header to the first page only
Make the first page header different to the remaining pages
Add a footer to the last page only
Make the last page footer different to the previous pages

Coding

Use Find and Replace to recode transactions

Chart Mapping

Convert a client file from one chart of accounts to another

BankLink Books

Choose whether Books clients can edit memorisations

Interfaces

MYOB Accounting - new General Journal export option

BankLink PayablesPlus

BankLink PayablesPlus is an easy to use creditor’s solution for your small business clients who are already signed up to The BankLink Service. It makes it easy for them to track incoming invoices and credit notes, speeding up the payment process to allow them more time to run and build their business.

With BankLink PayablesPlus your clients can:

Manage Suppliers

Setup, maintain and view suppliers information such as default contact information, GST default setup and payment method.

Manage Invoices

Enter supplier invoices into one centralised point for easy management. Details include Code (if applicable), Description and amount options include discounts, GST (Net or Gross). These invoices can then be easily accessed via the default Suppliers window and the Invoices window.

Manage Payments

Payments can be entered and managed within the software – including how and when the payment was actually made, and whether it was by a part or full payment and whether a credit was included in the payment. The software will advise if the payment exceeded the invoice amount. Payments can also be voided.

Manage Credit Notes

Credit Notes can be entered and managed within the software linking to the Supplier

Create Reports

Reports can be run for

Paid and Unpaid Invoices
Those Invoices due in x days
Detailed and Summarised Payments list
Supplier and Account specific reports
Available Supplier Credit notes
Detailed and Summarised Aging Reports

Mulitple Company Setup

Maintain more than one businesses Payments at a time

Link to their Accountant

Use the clients Chart codes from BankLink Practice to code Payments to the right client ledger for the Accountant

Notes

Notes can be attached to the various forms within the software to add descriptive comment

"We have found BankLink to be outstanding in listening to us about refinements to the product and in their ongoing commitment to customer support." Julie Stevenson STRATAGEM
New Plymouth

InvoicePlus

Are your clients using InvoicePlus yet? If they are, you'll be pleased to hear that the latest release contains lots of the features you've requested (see the link to the What's New document below), so they'll be keen to update their software. If not, have a look at our What's New document - there's sure to be something there that could benefit them.

Here are a few of the most requested features:

Add a logo or image file for use on documents
Use document Styles to change the look of invoices, quotes, receipts, credit notes and statements
Produce ad-hoc statements for customers

There's lots more, so make sure you look at the What's New document today!