What's new in MYOB EXO Business Version 8.1

Performance Improvements

This release includes a number of enhancements that improve the performance of the EXO Business system:

  • Business flow menus now load faster, improving the start up time of EXO Business applications.
  • Overall faster opening of various transactions screens, particularly for larger databases.
  • Further improvements to the Stock Transactions tab have been made, significantly increasing the speed of operations on this tab.
  • Improvements have been made when refreshing the stock requirement statistics for Forecast Based Purchase Orders, which drastically increases the speed of this operation on a large database, the time taken is 0.005% of the previous performance time.
  • Improvements have been made to the routines that return stock levels; this is particularly noticeable in Sales Order entry.
  • Serial numbers in Sales Orders are handled more efficiently, improving performance when processing Sales Orders, inserting Sales Order lines and using the Supply tab.

Other features include enhancements to the following areas (click to read more):

Posting to GL

With versions prior to version 8.1.0.0, when doing a New GL Post Run, only one GL Batch was created for all ledgers ticked. The process now creates a batch for each ledger (Debtors, Creditors and Stock) and displays credit/debit totals for each batch. The extraction is grouped by ledger source, which means that the top section of the Post to GL screen may show multiple batches, depending upon how many ledgers are selected.

Tax Rounding

A new method of invoice tax calculation has been added to improve rounding on GST. This method only applies where the tax rate is consistent across all lines of an invoice and none of the lines have been overridden. In this case, tax is calculated on an Invoice or Sales Order transaction based on the subtotal. If any line on the invoice has a varied tax rate, or any line is recorded as TAX_OVERRIDDEN='Y' then the tax total on the invoice will be the sum of the GST on each line as it has been in previous versions.

Sales Orders

In previous versions, when Extra Fields were added to Sales Order lines, they displayed in the periscope for each Sales Order line. Extra Fields can now be added to the Sales Order grid as columns to enable an Extra Field to be displayed as a column, set its Dialog Type property to 'Grid Column'. Back orders can also now be displayed as a column on the main screen.

Variable Cost Stock Items

A new Variable Cost property is available for Stock items. Tick this option to signify that the Stock item is a Variable Cost Item This is an item where the cost price varies for each instance, to the point that the average cost is misrepresentative, e.g. freight by weight. If this option is ticked, the invoice line cost for the item is calculated as a percentage of the selling price on the invoice line. The percentage used is the expected GP% on the product group for this item.

Forecast Based Purchase Orders

In addition to performance enhancements (see page 12), a new Copy/Paste tab is available on the Forecast Based Purchasing screen.

New Options on Debtor Statements

New options are available on the Debtor Statements window. Including adding in custom SQL filters etc., to refine which debtors you want to print statements for etc.

And many other additional changes

Exo Business Core, Exo Business ExoConfig, and most other modules have all had various updates made to them.

To upgrade to this latest version please contact us. To view the full MYOB release notes, please click here.