Contract renewal duration

The table that shows the renewal term for financial contracts has been expanded. When adding a contract, you can now not only choose a renewal period of 1 to 5 years, but also a term of up to 10 years or of 1, 3, 6 or 9 months. This allows you to manage shorter and longer contracts properly and gives you more flexibility in the renewal period.

Reviewers of blocked obligations and substitutes

The destination Reviewers of blocked obligations and substitutes has been added to the workflow for reviewing and approving purchase invoices. When an obligation reviewer is absent, tasks from the workflow now pass to the replacement if you add the new destination to the workflow.

Period closing

We have some nice optimisations for the period closing!

• Create future period
  From now on, you can prepare a Period closing line for the next period before the previous period is closed. For example, you can create all lines for the whole year at once so that (script) tasks can start on time.

• Blocking period table optional
  In the period closing schedule, Period blocking after closing was selected by default. This automatically closed the period table when the period closing line was closed. From now on, you can choose whether to automatically block the period table after closing or not.
• More information visible on InSite
  In the properties of the script task, three fields have been added on the General tab: Period closing, Financial year period closing and Period closing period description. You will now therefore see more information about which period closing is involved and for which period when you complete the script task.
• Scheduled task
  You can now use the Generate script tasks scheduled task to ensure Profit automatically creates the period closing line. This prevents delays in the process and ensures tasks and audits are started at the right time.  

• Create annual tasks
  You can now create year tasks that are automatically created based on the reference date in the selected period. In the period closing schedule, you can now specify in which period the task is to be performed in the script lines for an annual task. If you select Per year in the Cycle field, the Period field will be displayed below it. You can automate tasks that you perform annually in a specific period for the purpose of, for example, the year-end closure in this way. 

Purchasing contact type

The new Purchasing contact type field has been added to the purchasing contact properties. This field is linked to the custom Purchasing contact type table, which you can maintain yourself. You can now group your purchasing contacts as you wish. You can use this, for example, when assessing suppliers.

The Purchasing contact type field has also been added to the Financial contracts, Obligations and Purchase invoice workflow data groups so that you can better authorise data linked to purchasing contacts.