This release again contains many features that are designed to enable you to complete your work more effectively:
- In-app assistance
- Cash enhancements
- SWIFT message format update
- UI upgrade
- Data prep enhancements
- Bug fixes
You will begin to see product updates, assistance and how-to style guides within the app, designed to provide the help you need when you need it. We have also redesigned the Help menu so that you can access the knowledge you want more easily.
See workflow history for transactions that are matched and broken apart
Cash reconciliations often have a high degree of compliance and audit oversight and therefore being able to demonstrate and review the full history of transactions is important. If an exception has workflow actions applied and is subsequently matched or rolled-up, and then broken apart, users can now see the full workflow history prior to being matched.
Detailed audit log after splitting a transaction
Being able to split transactions in cash is a useful feature to support closing out partially settled transactions (leaving only the remaining as exceptions) and also breaking down manually entered adjustments into individual transactions. It is now possible to trace back a split transaction to the original transaction and also see the full audit history of the original transaction further helping users and auditors understand the full history of actions that have taken place of individual financial transactions.
Status for deleted submission
When all the statements from a submission get deleted, the submission will have a status of deleted on the submissions page. This will be displayed in a similar way to a deleted statement on the statements page.
SWIFT message format update
We are now processing more information from MT535 messages to expose more data for your reconciliation needs:
- Sender: added new field that will have the LTAddress when it is present in Block 1 of the SWIFT message, or value null if it isn't.
- Financial Instrument Attributes
- Iterative dates: added nine new fields, one for each qualifier in the optional field 98A.
- Interest rate: added one new field for qualifier INTR in the optional field 92A.
- Narrative field: added two new fields to capture field 70E.
- SubBalance information:
- added more B and C options of field 93a as new fields.
For MT536, corresponding to the SWIFT November 2020 release, 2 new optional qualifiers for field 98A have been added to the format in Duco.
Your existing process using these formats will have these fields added automatically after the release, so that you can choose to use them in your matching configurations.
The upgrade of the Submission log screen in the Administration module is now available with usability enhancements. You can now find the log entry you are interested in by using column filters.
New features available in Data Prep
You can now submit files automatically through SFTP to your Data prep processes. Just like how you do it for reconciliation processes, you can now set up Submission routing to configure how files submitted through SFTP to Duco should be used in your Data prep processes.
Passing cash statement balances for reconciliation
In the last release, you can already normalise your cash transaction data in your Data prep process, to be used in your cash reconciliation process. Now you can also use rules to extract statement balances from your data file and pass them to the cash reconciliation process.
We have added another option for you to generate a snapshot for your data prep process automatically, at a cut off time. You can set up a time trigger for say every week day 7am, which will then take a snapshot of all submitted and pending data and pass them to the reconciliation processes that use it as a data input.
You can add multiple time triggers, on top of completion and submission triggers, to have maximum control in how you want your data to be processed.
You can now use NRL rules to filter out records from individual inputs that you do not want to be processed in your data prep process.
|Wrong count on the All bucket
when some items are not reported
|When at least one of the options on results control (but not all) are switched off: duplicated on the left side, duplicated on the right side, filtered on the right side, filtered on the left side, the records count in the all bucket is incorrect.
|Cash account 'Ungroup accounts' button tooltip shows wrong
|When accounts that have transactions are selected, the tooltip currently says: "select one or more accounts to ungroup".
Instead it should inform that: "You cannot ungroup accounts that have transactions".