What’s New section

It has been a long time since we had updated the What’s New section. There were many changes to the program since then. Our users from Paris has been asking for the VAT (value added tax) to be added to the invoices. So, we have set up a separate function for the transaction tax. The transaction tax includes the commonly used VAT (as in most European countries), GST (as in Singapore) and Sales Tax (as in USA and Japan). The tax rate is date sensitive. That means it can calculate the correct tax amount based on invoice date. The final tax will then be printed on invoice. All taxes accrued will be grouped automatically under a Tax Payable account.