A preview of Ordway's December 2022 release is now available in your Sandbox environment. Please read these release notes and familiarize yourselves with new features in Sandbox over the next week.
Your production environment is expected to be updated with the latest release on December 10th.
Table of Contents
- Release Schedule
- Feature Enhancements
Release Schedule
Feature Enhancements
Finance
Unrealized Gains/Losses
When invoices are posted but not yet paid at the end of the month, Ordway will revalue the open invoice by calculating and posting an unrealized gain or loss resulting from changes in the exchange rate from the time of invoice creation to the end of the month.
Financial Period Close Wizard
This Wizard provides additional visibility into the Financial Period close process and includes the creation of foreign exchange adjustments depending on the features enabled in Finance Setup. Read more about the Financial Period Close Wizard.
Fiscal Quarter
The Fiscal Quarter can now be defined in Financial Periods and leveraged in reporting by grouping or viewing data by quarter. Access Financial Periods via Menu > Finance > Financial Periods.
GL Import/Export
Products, Customers, and the Chart of Accounts can now be mapped to your GL in bulk through an export from your integration’s settings in Ordway. The export file provides a list of all active records in both Ordway and your GL to more seamlessly sync these records using their internal IDs from your GL. Read more about this new import feature.
Commerce
Customer Portal
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Introduction of Invoice number and usage level custom fields for Usage. This gives better visibility to end users on the usage-to-invoice relationship.
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Dynamic column addition and removal in the UI to enhance the experience and de-clutter the view on the Usages tab.
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Filtering options to better analyze the Usage.
Exact-Pay
- Enabled support for ACH Payments on Exact-Pay.
Platform
Timezone Consistency in Logs
Consistency in timezone for logs pertaining to Background Jobs, API Calls, Webhooks, Avalara Integration, and Audit Trails. Logs will now show the deviation from UTC timezone in parentheses.
Prior to December Release:
December Release:
Manage Entities
Organizations now have a Company Type field to help distinguish various company account types. Access this via Menu > Setup > Organization Structure > Manage Entities.
Note: Non CSP users can view the data, but CSP access is required to manage the Company Type field.
Removed Cyclic Recursion Validation
Users can now search and filter on Billing Schedule Lines for Workflows. This will improve Workflow functionality from working out all the billing schedule lines and only work on the filtered values.
Summary Notification Email for API Failures
Note: This update applies when the API Error Daily Email setting is enabled via Menu > Setup > General Settings.
The daily summary notification email of failed APIs has been updated. Previously, the list included only a portion of the logs from the day. With this release, the notification includes all logs for the previous day. The notification now also only includes failure status 400 and above.
Formula Fields
New Unique formula function available to filter a set of records or collection of entities. This option is available via Menu > Setup > Customize.
Example: When looping through BSLs, use the Unique formula function to repeatedly avoid calls for the same entity.
Integrations
Salesforce
Note: Salesforce Managed Package releases will now align with Ordway releases starting in November.
Minor Package Release v3.11.x
- Improved error messaging for data quality issues.
- Improved Tier Price Calculation.
Help Center Documentation
Check out these new & updated articles since 11/02/22!
New
- Regenerate Invoice PDF on Invoice Reversal
- Generate Separate Invoice for a Subscription
- Turn off Taxes in Quickbooks
- GL Import / Export
- Close or Reopen a Financial Period
Updated
- Manage Payment Gateways - added Exact-Pay as a Payment Gateway. Also added best practice to 5 applicable Payment Gateway articles: Set the Ordway base Currency to match the currency selected in Payment Gateway(s).
- Create New Subscription - clarified the Generate Sep Invoice toggle requirement in order to update Summary Information.
- Failed Payment Retry Rules - updated for clarity.
- Plan Charge Types: One-Time, Recurring, & Usage Based - Added Refund Units on cancel - Credit Invoiced Billing Schedule Line(s) on Cancellation. & Remove Lines on cancel - Delete un-invoiced Billing Schedule Line(s) on Cancellation.
- Manage Credits - edits based on clarity & linked articles.
- Manage Refunds - edits based on clarity & linked articles.
- Updated all current (8) New Experience articles - Best practice added to use Chrome.
- Updated 5 related Log articles to reflect Time Zone clarification.
- Verify ACH Account - updated with Bank Verification Template precondition.
- Billing Cycle Day: Align with First Billing Start Date - Clarified that the Billing Start Date will change. Manage Custom Fields - clarified that spaces are not permitted.
- Manage Custom Fields - Clarified that spaces are not permitted.
- Finance Setup - edits based on clarity.
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Import Requirements: Usage - updated to clarify fields that can be helpful for Subscriptions with multiple lines.
- Walkthrough: Import Usage - removed Subscription Line ID as a required field and added note to clarify fields that can be helpful for Subs with multiple lines.
- Payment Related Email Templates - edited for clarity.
- Payment Emails - updated for clarity and linked to related templates article.
- Manage Financial Periods - updated with Fiscal Quarter selection option.
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