Ability to set a default dividend journal date per schedule in case you want to post your dividends on July 1 to save on interest or the like; Re-calculates all interest accordingly.

This dividend date can also be changed at the point of editing the overall dividend details on the Summary Tab, which update the interest figures + separates the journals posted to Xero.

Information icon on the tabs so you can see at a glance what the purpose of a given loan was for without having to open it up.

We've added a total to the bottom of the Division 7A Loan Summary report for each entity.

Created a new report called the Loan Summary Movement Report so you can track the opening, closing, repayments and interest for a given financial year in one report.

New selection area specifically focussed around

Ability to create software maps utilising actual logos + ability to search (logos will be added over time; Feel free to request).

A new "free draw" mode used for drawing freehand whilst demoing maps to clients.

Updated toolbar at the top to consolidate and add more functionality

Various bug fixes

Ability create a filter based on multiple client criteria.

You can then save the filter for using later.

Filters can be made available for the current user or across the whole practice.

Suitefiles Integration - Update to new API for much improved performance

Dropbox Integration - Update to pickup instances where Dropbox for Business accounts weren't showing up folder lists.

Outlook / Gmail extension - delete icon to remove an assigned email from within Outlook.

Disabled Xero Practice Manager Import button where an import is already in progress.

Fixed error generated on Xero dashboard where there is a long reference or contact name.

Fixed matching issues within the import process for NowInfinity and BGL; Where an ACN is blank, it will also update the ACN field in AccountKit.

Fixed an issue where various menus would go up rather than down in certain circumstances.

When merging clients, previously selected clients are disabled so they can't be selected twice.

Added an ability to export the ATO exceptions list to Excel

Added to client history the event for when a client is archived

Refine the pop-up when linking many clients to a contact at a time.

Added an ability to show when a selected transaction in the inter-entity loan tool has a matching transaction outside the shown date range.

Enabled setting of the default "show on cash basis reports" within practice settings for the Inter-entity loan tool.

Added the "Ledger Balance" for Xero connected equipment finance schedules to the summary page so you can see at a glance how far out of balance schedules are.

Fixed a bug where the annual summary was showing the wrong balance at year 0 in equipment finance where there's a residual balance.

Ability to build a schedule and auto-calculate the minimum repayments and interest

Simple entry of repayments and recalculation as required.

Ability to top up a dividend beyond the minimum repayment and consequent interest re-calculations.

Summary page that shows all schedules and timing of repayments and interest in one view for each company;

Full list page that shows all schedules across the entire company or at a family group level

Output of schedules and reports to excel and PDF;

Ability to link source and loan documents from connected DMS systems.

Where connected to Xero, we'll read the ledger to establish the balance and enable assignment of credits against the calculation schedule including the splitting of credits (such as when you have a net balance journaled into a ledger that you would like to split); After finalising the dividend, you can then post the entries into Xero and confirm that you balance

If there are any changes to be made, it's simple to retweak and repost as required.

There will be bugs, although we hope not many are left at all after a solid closed beta period. If you have any issues, don't sit on them, send us a message with a detailed description to [email protected].

We will put a freeze on features for the moment until we're confident that all is well and we've released it out of beta; As with all tools, we will let the tool sit for a good 6 months before we do another pass over it to add more features;

The next major pass will include any required changes coming with the yet to be legislated changes coming next year.

In preparation for some other upcoming functionality and to distinguish between structure diagram types, we've added the ability to give all diagrams a type; ie.

Ability to add free-form lines to the canvas - they don't have to be connected to shapes and entities; These lines can have points added and the radius changed to make them as long and curvy as you like.

Connector Lines (between entities) can take two forms now -

Fixed a bunch of bugs, such as the view options sometimes stopped working for TFN, ABN, Relationships etc.

Practice Settings - ability to set default type of map upon creation; Some people get worried about what changes may get pushed back to client data inadvertently. By providing this option, you can create a diagram as a proposal by default, so they can be reviewed before being converted to a current diagram

Sandbox has been upgraded to the new visual capabilities, including the inbuilt templates as well. Now even your back of napkin diagrams can look beautiful!

You can now nudge objects by 1px using the keyboard arrow keys; Hold shift and utilise the arrows to nudge by 10px. Perfect for getting those alignments just right.

To assist with getting the visuals where you need them to be, we've given you some new alignment options enabling you to align anything in the diagram to the left, right, top, bottom and middle and in case you can't get spacing right, using the spacing option to move all objects an equal distance apart. Note the shortcuts as well by hoving over the options.

You'll note also that you now have an option to toggle the grid on and off as well as the "snap to grid" option in the event you want absolute freedom as to where you would like objects placed.

For those needing to build extra large diagrams, we've nearly doubled the canvas size. Note that these won't necessarily print nicely on A4, but useful if you're just showing on the screen or want to output a PNG for displaying on a big screen.

We've increased the font size options in case you need really big text on those large diagrams.

When you save the diagram, it will now also create a black and white version, better suited for when printing out to give to your client, should you not have a colour printer.

New text position option - you can now set in the practice settings and per entity the position of the middle divide in the body of the entities. That way you don't end up with a wide gap on the left.

When adding an entity to the diagram, you now have an option to choose from any current pre-existing clients, affiliates or contacts, without them being part of the family group. Useful when you want to add things like unlisted property trusts that are affiliates and not a client or even should you wish to show entities like all the advisors that advise to a family group.

We've implemented a simple undo / redo using the standard ctrl-z, ctrl-y - we will continue to expand on this functionality.

Fixed a bunch of bugs, such as:

Mail register - added a new type for method of delivery "Hand Delivered"

Client detail pages

Inter-Entity Loan

General Use: There's always room for improvement with everyday use, here are some of the other new functionality you will find

New Journal Pop-up; Out with the old and in with the new. The journal pop-up has seen a lot of changes to facilitate the following

Bug fixes: As part of the refinements we've found and crushed a number of bugs along the way

Save draft functionality + auto save; There is nothing more frustrating than losing a bunch of hard work after your browser times out. Now you have the option to save a draft as you proceed, then finalise when you're ready. If you happen to also head into your practice settings, you can enable auto-saving as well; Once you save the initial record as a draft, it will then automatically save everytime you change anything up until the point you finalise the entry.
Find more detail, head to the Correspondence Register Support Article.

Gmail & Office 365 Integration (BETA): You now have the ability to connect your Gmail or Outlook accounts to AccountKit. This enables you to save emails direct to the correspondence register and where you have a DMS system attached, save out the file to the DMS with a link to the file within the Correspondence Register; This is only a first release, so expect more refinements to come.
For more detail, check out these links

New Cashflow Commitments report - now you can get a snapshot of your clients outgoing cashflow across their equipment finance schedules in PDF or Excel format; Useful for doing cashflow forecasting and budgeting. Access via the Actions menu on the EF list page; Signals a whole new way of doing reports in AccountKit. You can expect this format to start to be rolled out to other tools over time.

Fixed a bug where the Summary Movement Report was not picking up the transactions on the end date.

Fixed a bug where a bulk import of schedules wouldn't reflect the practice settings upon import, nor allow for the first payment to be on the contract date.

Inter-Entity Loan

Mail Register

Client history & XPM sync

Other

Introduced a couple of options to track the audit history on any reconciled transactions

Disabled inputs while the reconciliation process is happening. To reconcile an entry / push entries into Xero there's a lot happening, especially when posting between IEL's within a family group. This change stops you from selecting new entries, only to have them continually de-select (which was frustrating). This feels like it's slower, but it's actually faster now.

Added functionality to choose the "sort order" for the Summary Movement Report along with various visual tweaks and improvements.

Fixed bug where the Equipment Finance Summary report wasn't correctly reporting the entries posted.

Fixed bug with the Excel export losing visual settings when more than one schedule is exported at a time.

Implemented some changes to disable input / journals once a client and / or schedule has been archived.

Fixed various visuals associated with the Annual Summary Report PDF.

Client Group & Client Detail Pages

Client Map

Amortisation Scheduler - Various bug fixes and refinements

Professional Development Register

Integration - BGL and NowInfinity - Polish and bug fixes for the Exceptions report.

Integration - SMS - Twillio - Re-wrote the integration to enable firms with prior Twilio subscriptions to enter these details, rather than being forced to setup a new account. This will become the new default for Twilio setups.

Re-write of the client entities to make them super fast + added flexibility with the visuals adding rounded corners and borders. This has had the side benefit of speeding up the load and save times.

All visual elements of the client map have been separated into a new visuals toolbar leaving just the client specific information in the right menu.

Ability to add and customise icons as part of your diagram

A new grouping tool that facilitates grouping clients, shapes and icons together.

Copy format functionality enabling the format of one object to another

Keyboard shortcuts for copy <ctrl-c>, paste <ctrl-v>, toggle copy format <alt-c> and nudge functionality via the arrow keys.

Ability to set the practice defaults for all the visuals of a client map to standardise the look across the practice.

Refined the PDF generation to utilise more of the page for better resolution.

Fixed a series of bugs.

New Integrations button so you can see and click through to related company and superfund information from NowInfinity, BGL CAS360 and SF360.

Optimisations to improve the load time;

Addition of the new tools - Fuel Tax Credits and Amortisation Scheduler.

Fill history of changes made to clients; Enables tracking of who (or which integration) has made a change to a client plus time and date stamp.

Correspondence register - Refinements to the slack integration

Amortisation Scheduler - Various bug fixes and release to Open Beta

Xero Integration - Optimisations and refinements to make the sync process faster and more reliable; In some instances the icon wouldn't turn red if there was an issue, meaning data wasn't syncing. Now the icon correctly reflects the state of the connection, who carried out the connection (as if they leave the practice, or have their permissions changed it can invalidate the authority token) and the full Xero entity name and trading name; You can also now click through to Xero from the client list, client group or client pages.

ATO Reports - Added detailed filtering functionality expanded to family groups

Further Refinements to the NowInfinity and BGL exceptions pages to make them more accurate, faster and easier to use.

Fixes to the Xero Stats on the AK Dashboard which had stopped working at some undefined time?

Nimbus Portals - Release to open beta + fix bugs re. visibility of certain folders.

Various refinements to the Xero Data Sync process.

Enabled "Sort by" function for the Equipment Finance summary report.

Various bug fixes to the Inter-Entity Loan tool.

Practices that are individual heavy - we now exclude individuals from the client count; The Client Count we use to gauge the size of the practice and infrastructure costs and so sets the price brackets.

Choice of Tools - Upon signup you get access to some tools and functionality for a base cost; You do have access to all tools, but some are limited to a set freebie limit after which you can then turn on the tool and start paying for it if you're loving it. This way you're only paying for what you want when you are ready and not paying for stuff you're not using.

Pricing per Region - With a change to the payment gateway over to Stripe, we're able to offer pricing in the native currency of any country. One limitation with this change is that we're no longer able to support direct debit.

Initial closed group release gives basic functionality to create amortisation schedules and where connected to Xero, automate the posting of entries. As a first release though, there features are still extensive:

Much like the other tools, once this has been in the system for a good 6 months, we'll do another pass to add a pile of extra functionality.

Sharepoint support - Added functionality for sharepoint support as part of the broader Microsoft based DMS systems - One Drive for Business etc.

Nimbus Portals support - Open Beta release for Nimbus Portals DMS

Created ability to transfer client data from one Tenant to another - eg. if a practice splits and partners want to take their client data with them.

Refined the behaviour and visuals for Practice Settings -> Integrations area;

Refinements to the NowInfinity and BGL exceptions pages to make them more accurate, faster and easier to use.

Further refinements to the BGL integration including new functionality to see the details of an outstanding document lodgement with click through to the underlying document.

Reworked the main menu and favourites setup to a more logical 3 group structure - Administration, Compliance and Consulting.

SMS functionality via Twillio within the correspondence register was released to the public.

Fuel Tax Credit Calculator released to open beta.

Fixed bugs with file upload for Suitefiles after API changes