The Financial Post

Hello and welcome to The Financial Post for December 2022!

On the first Thursday of every month, we bring you the latest Blackbaud Financial Edge NXT® news on everything from current projects and initiatives to release information and much more!

If you haven’t had a chance to read last month’s edition of The Financial Post, you can check it out here.

In This Issue

This month's post features these topics:

• End-of-Year Resources
• What’s Next
• Customer Success Webinars
• Stay in the Know

End-of-Year Resources

As you prepare for end-of-year processing and reporting, we wanted to share a few helpful resources.

• Tax Resources in the Community. The Tax Season Resource page is a great place to ask questions and take part in discussions with your peers.
• Account Payable FAQs. Accounts Payable (AP) gives you the option to prepare your 1099s and then eFile though Aatrix. Here are the most frequently asked questions (FAQs).
• Producing 1099s (Video). This video walks through producing 1099s in the Financial Edge.
• General Ledger FAQs. Here are the most frequently asked questions (FAQs) related to General Ledger end-of-year processing.
• Customer Success Webinars. And don’t forget our webinars this month covering 1099 preparations and processing. For more information, including sign-up details, check out the Customer Success Webinars section below.

What’s Next

In upcoming releases of Financial Edge NXT, we will continue to improve and enhance existing functionality, as well as provide new features. We are currently working on several features for Financial Edge NXT web view.

Interfund sets – You will soon be able to add interfund sets in Financial Edge NXT web view! Interfund entry sets are used to transfer activity between accounts in different funds and ensure distributions balance.

Treasury — We’re introducing updates to Treasury's deposits and Miscellaneous (Misc.) Payments in Financial Edge NXT in the coming weeks. Misc. Payments replace Cash Receipts in the database view, so you'll no longer have access to them. Bank accounts, credit card accounts, and Treasury reports are not impacted by these changes.

To learn more about the changes, view the tutorial. If you want to participate in the EAP, click here to complete the survey.

New Insights — For more flexibility to consume and share data, in Analysis, Dashboard builder, you'll soon be able to design custom dashboards using out-of-the-box insights for Treasury and Statistical units.

Receivables – Receivables is currently in our Customer Technology Preview (CTP). We are monitoring your feedback and making enhancements as we prepare for general availability.

Permissions—Manage all user security from web view.

Customer Success Webinars

You are invited to attend the Financial Edge NXT enablement webinars we have scheduled for December!

The Blackbaud Customer Success Team is offering a series of webinars to help you focus on preparing for tax season and closing out your calendar year in Blackbaud Financial Edge NXT®.

During these webinars we’ll:

• Review 1099 activity while considering vendor adjustments as well as reporting on 1099 vendor activity. Register for Tax Season – Part 1: 1099 Preparations.
• Walk step-by-step through 1099 processing in Aatrix and explore filing options in Tax Season – Part 2: 1099 Processing.
• Take the guess work out of what steps to take in preparing for end-of-year closing in Best Practices for Reducing Audit Risk at Year-End.

If you’re unable to attend, you can still register and view the on-demand session at a later time. To learn more, click here.

Stay in the Know

Thirsty for more Financial Edge NXT knowledge? Here are some of the best ways to learn more about what's coming:

• Community Announcements. The Community is a great way to stay informed. Subscribe to Financial Edge NXT Community Announcements by clicking on the "Subscribe" link at the top of this blog. You can then select how often you want to receive update notifications.
• Release Updates. Check out What's Recent, What's New, and What's Next to get all the details on prior, current, and future releases. To help keep you up to date on the most recent developments, What's New automatically opens when you log in to the web view.
• In-Product Help. Help documentation throughout Financial Edge NXT is context sensitive. So, no matter where you are in the solution, you can click the bright green question mark at the top right of your screen to get help for that feature.

We hope you'll stop by to check out next month's issue!