Manager Updates
Manager Getting Started
Manager Updates
Manager is being continuously updated to keep getting better than ever.
Notable Updates
Setting Up Starting Balances
Journal Entries
Manager has updated the accounts that can be used with journal entries and improved the method for entering most starting balances. The new approach is to simply create transactions using journal entries to establish starting balances for most of your accounts. This new approach to Starting Balances has opened Journal Entries to all GL accounts including Bank & Cash Accounts and Accumulated Depreciation accounts. If you make sure your starting balance journal entry is dated before the date range of the report, then the amount will show as a starting balance.
Settings - Starting Balances
Manager has added a "tab" in the Settings Section that also allows you to enter Starting Balances. Journal Entries can also be used.
Inventory
Inventory Revaluations are used to update your inventory value that appears in your Balance Sheet. Inventory Revaluations are entered using the Inventory Revaluation Tab in Settings or Selecting Inventory Revaluations when Inventory Items are displayed using the Inventory Items Tab or clicking on the Inventory Value in the Summary Form or Balance Sheet Form.
The Inventory System added Additional Inventory Fields and Controls for those needing to better manage their inventory.
Added new field to Inventory Items form. You now have three options for calculating costs:
You can choose from 3 options:
- First in, first out
- Weighted average cost
- Zero cost
This allows to have different inventory valuation methods for different items.
But most importantly, when clicking Recalculate button under Inventory Items tab, you no longer have to think what inventory valuation method to choose.
Instead, Manager will calculate unit costs based on valuation method selected on inventory item level.
Sales Invoice Form added a check box for Goods Delivered.
Purchase Invoice Form added a check box for Goods Received.
New Instructions