Also with this release, financial accountants will be able to create custom transaction types. Rather than using generic journal entries to generate the accounting representation of your business events, create your own transaction types that are more specific and contextual to understanding the relevance of the business event.
Whether seeking a vendor to provide direct materials or a supplier for office supplies and outsourced services, users will be able to create and send RFQs to multiple vendors, and then analyze the responses to obtain the best terms and pricing for purchases on specific items. Once a vendor is selected for an RFQ item, the system will automatically create purchase contracts using the terms and pricing provided in the RFQ.
Previously created templates are fully compatible with the new editor. The enhancements to the template editor make advanced printing functionality easy to use and can boost your productivity when customizing new or existing layouts. You no longer require scripting skills to create the ultimate look for your printed record. This feature is now generally available.