The new Opera 3 (2.42) release contains enhancements to help with Late Payment Reporting, more reports that can be exported to Excel, legislative updates to the Payroll, further functionality in CRM and BOM Processing, and more. Changes are as follows:
Late Payment Reporting:
Purchase Payments: Invoice Payment Summary Report: To further help with reporting invoice payment trends, a report has been added to the Purchase Ledger that gives the required information in both number count and percentage terms that can be entered onto the relevant HMRC website for Late Payment Reporting. In addition, the report gives useful information on the number of invoices and credits raised in the period, whether they are fully paid etc. The report can also be sequenced by type.
Purchase Processing — Held invoices: The Held Invoices form now has a “Last Payment” field that can be edited for part‐paid Invoices. This is to cater for invoices that have incorrect dates stored in the Last Payment field. This could happen where an invoice that was paid over two or more payments has an allocation record removed via the Rectify allocations routine.
Purchase Processing — Account View: The Last Payment date has been added to the grid in the Account View and is also available on the Excel version of the report.
Customer Receipt Summary: A new report called ‘Customer Receipt Summary’ has been added to the Sales Ledger. It gives a summary of how long it’s taking over a specified period of time to receive full payment for billed invoices. The report can be sequenced by Account, Region, Territory and Type. Opera 3 users who use Credit Management can also sequence the report by Credit Management Group. The report is also available for Credit Management users from the Accounts and Transactions tabs.
Sales Processing: Account View: The Last Receipt date has been added to the grid in the Account View and is also available on the Excel version of the report.
Further Reports available in Excel: In order to assist Opera 3 users with the required Creditors Days calculation for the past 6 months, the details on the Creditors Analysis form that is loaded from Monitor Companies can now be exported to Excel. The Debtor Analysis equivalent is also available in Excel and the reports can also be exported at individual Customer or Supplier level.
Sales Transactions Fields: The new Last Receipt field is now available on the Sales Transactions fields in Reporter.
VAT and EC VAT: VAT relief on bad debts: The VAT Processing form now has an additional checkbox called ‘Bad Debt Relief’. The checkbox is only available for Home Sales and Home Purchase codes and when the checkbox is ticked on, Box 4 is ticked.
VAT Relief on Bad Debts must be processed through the VAT Return Adjustment form and the codes are not available in general Opera processing.
Service Items supplied by non‐registered EC suppliers subject to ‘Reverse‐Charge’: As per HMRC Notice 741A, supplies purchased from businesses that are not registered for VAT purposes in the country of supply should be treated as reverse charge items. This means that a VAT Rate percentage must be stored against codes with a Country Type of either Registered or Unregistered and VAT Transaction Type of “Unregistered EC Supplier”, resulting in Box 1 being available for selection.
BOM Processing: A new checkbox has been added to the BOM Processing form called ‘Dormant’ that can be selected to make an Assembly dormant if it has no Quantities or outstanding Works Orders present.
Payroll: Withdrawal of the Employer Alignment Submission (RTI): HMRC are withdrawing (retiring) the payroll RTI Employer Alignment Submission (EAS) from their online filing service. The EAS has effectively been redundant since RTI was first introduced back in 2013/14 and was only used in the first year of RTI. Consequently, the EAS has been removed from:
- The Payroll RTI Submissions menu
- The Payroll (RTI) ‘Submission Information’ form
End of the Automatic Enrolment Transitional Period: The transitional period for pension schemes with Defined Benefits (DB) ends on 30 September 2017. After that date, any employers who previously applied the transitional period will need to take action to ensure they comply with automatic enrolment law. Automatic enrolment processing has been amended to detect and warn if the employer is still (incorrectly) trying to use the transitional period after 30 September 2017.
Allow Unique Filename for NEST Pension Files: A new option at Payroll Pension Scheme level now gives NEST export files a unique filename when they are created. This will help users who, for example, forget to submit the current pay period’s file to NEST and then inadvertently overwrite/lose that file when they create the file for the next pay period; the new option will ensure that the file for the next period will have a different name to that used for the previous period, so
that files from previous pay periods will be available in case they’re needed again.
CRM: Sales Pipeline Management (SPM): The SPM Reorganise function: The SPM Reorganise function now allows the user to remove old and completed Activities and History records. Historic completed Helpdesk Calls and Sales Opportunities will also be tidied as part of the SPM Reorganise function. This will also enhance performance within CRM.
Obsolete Site Addresses: Obsolete Site Addresses can now be deleted.