The Financial Post

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:

• What’s New
• What’s Next
• Stay in the Know

What’s New

We recently released several new features in Financial Edge NXT web view!

Increase or decrease total budget. Under General ledger, Budgets, you can now increase or decrease amounts for an entire account, project, or grant budget (the ability to update based on periods will be available in a future release).

To update amounts, select Increase or Decrease (respectively) from a budget's action bar. These options offer flexibility and allow for a more efficient budgeting process as changes arise. For example, you may find it helpful to copy and update a budget scenario, then compare it to the original. For more information, see Budgets.

Invoice History. Under Reporting, you can now add and run the Invoice History report in web view. The Invoice History report lists invoices and their balances according to the application of payments, credit memos, and adjustments over a specified date range. For more information, see Invoice History report.

1099 Activity. Under Reporting, you can now add and run the 1099 Activity report in web view. The 1099 activity report lists payments made against invoices with assigned 1099 boxes. The info is summarized by individual box and vendor over a specified time. For more information, see 1099 Activity report.

Projected Depreciation Report. Under Reporting in Fixed Assets, you can now add and run the Projected Depreciation report in web view. The Projected depreciation report projects deprecation for future years for selected assets. For more information, see Projected Depreciation Report.

Check printing. To improve the check printing process, you now export checks to PDF and print checks directly from the PDF. Previously, you selected Print directly from the Print checks page and Pre-payment report.

You can still print checks, you just have to export to PDF first. No other print settings have changed, so you can still access Format check settings to validate the content and alignment, or change the print date. When it is exported and saved, the printer will print as it is in the PDF. For more information see, Check printing.

Permissions. You can now manage all user security from web view. We're releasing permissions updates in waves. Some of you already see these changes, and some will see these updates in an upcoming wave.

Payables Business Rules. You can now manage Payables business rules in web view. We're releasing these updates in waves. Some of you already see these changes, and some will see these updates in an upcoming wave.

What’s Next

We are currently working on several features and enhancements for Financial Edge NXT web view. Here are some of the updates you will see in upcoming releases:

Fixed Assets Business Rules — You will soon manage Fixed Assets business rules in web view. Business rules help you customize standard procedures and requirements.

Export account code details — From General ledger, Settings, you'll export account code details.

Treasury — We’re introducing updates to Treasury's deposits and Miscellaneous (Misc.) Payments in Financial Edge NXT in the coming weeks. Misc. Payments replaces Cash Receipts in the database view, so you'll no longer have access to those records there. Bank accounts, credit card accounts, and Treasury reports are not impacted by these changes and customers with Accounts Receivable are not part of this release.

Bank Feed (Yodlee) — We are upgrading our Yodlee/Fastlink APIs in Financial Edge NXT to improve performance and offer better user experience. This upgrade also supports open banking.

Attachments — For security purposes, we are updating how attachments are downloaded in database view and WebPurchasing.

We will now scan all attachments with anti-virus scanning to improve your security experience. Attachments will be accessed via a shortcut link (URL extension) that will open to a Financial Edge NXT landing page, allowing you to access and download the file.

Receivables – Receivables will be offered as a read-only Preview. We'll monitor your feedback and make improvements as we prepare for general availability.

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.
• Product Update Briefings (PUB). Check out the most recent Financial Edge NXT PUB from BBCON in October, now on demand, to hear from our product management team directly on the latest and upcoming development for Financial Edge NXT!

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