Release History
finPOWER Connect 1.04.01
FIX: Licence; Allows one more Account to be added than licensed for
The finPOWER Connect Licence allowed one more Account to be added than licensed for.
NEW: Advanced External Parties Add-On; Disbursement and Commission components now released
The Advanced External Parties Add-On, with Disbursement and Commission components, has now been officially released.
FIX: Evaluation Licence; changed Maximum Number of Open Accounts limit
An Evaluation Licence was only allowing 10 "Open" Accounts to exist. This restriction has been relaxed, and depends on the Add-Ons licensed for.
FIX: Credit Enquiry; Australian VedaXML Credit Enquiry may fail with a "M101: OCCUPATION CANNOT BE ENTERED FOR CONSUMER ENQUIRIES" message
The Australian VedaXML Credit Enquiry function may fail with a "M101: OCCUPATION CANNOT BE ENTERED FOR CONSUMER ENQUIRIES" message.
FIX: Withdrawals; Payment method fee now calculates as a straight percentage, not as a grossed up fee
When processing a Withdrawal via the Account Withdrawal form there is a option to charge a Withdrawal fee and a fee associated with the Payment Method.
NEW: Direct Debits; Fee transaction now correctly sets Transaction Reference and Notes
The Fee transaction created for a Direct Debit was hard-coded to set the Reference to blank and Notes to "Fee".
NEW: Disbursements; when creating an Account Transaction its Notes can now be set to the Disbursement's Notes
When creating an Account Transaction from a Disbursement the Transaction's Notes can now, optionally, be set to the Disbursement's Notes.
FIX: Credit Enquiry; minor changes to User Interface
Credit Enquiry; minor changes to the User Interface have been made as follows:
NEW: Information Lists; AccountRegion list for Australia now defaults the States and Territories of Australia
The Information List "AccountRegion" for Australia now defaults the States and Territories of Australia, ie "AAT,ACT,NSW,NT,QLD,SA,TAS,VIC,WA".
NEW: Comparison Rate (BETA); added new facility to calculate and display a Comparison Rate for Fixed Term Loans
This new functionality is primarily designed for the Australian National Consumer Credit Protection (NCCP) Act Comparison Rate requirements.
NEW: Account Type form; Interest page split into Interest and Interest Options pages
The Interest page on the Account Type form has been split into two pages, the Interest and Interest Options page.
NEW: Loan Contract document; Full Name and Signature Name updated
The Loan Contract document has been updated as follows:
NEW: Logs grids; Log Severity Icon column now displays a tooltip
The "Log Severity Icon" column on Logs grids now displays a tooltip, e.g., "Log Severity: High".
NEW: Workflows Add-On; Released
The Workflows Add-On has now been officially released.
FIX: Account Calculations; Additional "blank" overriding payments may not be included in Schedule
Under certain scenarios "Additional" overriding payments that are "blank" may not be included in the Schedule, or may be for a value other than the Regular Payment.
NEW: Identification Types can now be exported and imported
Identification Types can now be exported and imported either via the Identification Types form of from the File, Import/ Export Information wizards.
NEW: Account Calculation Payments; added additional Business Layer functions to assist scripting
Additional Business Layer functions have been added to finAccountCalcPayments to assist scripting calculations.
FIX: Account Payments; logic for "This will OVERPAY the Account and place the Account in CREDIT" message updated
The logic for the message "This will OVERPAY the Account and place the Account in CREDIT" in the Account Payment wizard has been updated.
FIX: Account Calculation; scripts that manipulate the AccountCalc.Payments object might produce unexpected results
Scripts that change the AccountCalc.Payments object in the Account Calculation "CalculatePaymentPre" and "CalculateTermPre" events might produce unexpected results.
NEW: Client Types; added Client Class Description column to Search form
A new column "Client Class Description" has been added to the Client Type Search form.
FIX: Account Processes; may fail with an error "No record was updated. This record may have been deleted or edited by another user."
If a script is linked to an element, for standard transaction calculations, Account Processes and Account Closes may fail with a message about the record being updated by another user.
FIX: Business Layer; some functions in finBatchTransaction and finBatchBankTransactionItem were not rounding values passed in
Some functions in the finPOWER Connect Business Layer object finBatchTransaction and finBatchBankTransactionItem did not round monetary values passed in.
NEW: Account Transaction Audit information; if used for other than system generated Interest transactions can cause warning traces to be generated
If the Account Transaction Audit information is used for other than system generated Interest transactions it can cause warning traces to be generated when displaying the summary page in the Account form, Transaction page.
NEW: Account Type, Facility fee; added option to charge per day
The Facility fee for Accounts now has an option to charge per day.
NEW: Script Editor updated to version 4.0.0289
The Script Editor has been updated to use the ActiPro Syntax Editor version 4.0.0289.
FIX: Security Register Add-On; Security Type form; Class was not updating when Base Type is changed
The Security Class list now updates when the Base Type is changed. This was working until recently when the VIN checkbox was added to this form.
FIX: User Interface; validating Date Cycle controls not working as expected
Date cycle controls may cause unpredictable results, as the change event only fires immediately if an item is selected from the dropdown list. When focus moves on to another control, eg by pressing <tab>, the correct actions occur, but some minor issues h...
FIX: New Account wizard; fails to open an Account when using Precomputed Interest and no Interest is charged
The New Account and Accept/ Decline wizards fail to open an Account when using Precomputed Interest and no Interest is charged.
NEW: Optimised XML saved with regards Account calculations
finPOWER Connect saves a lot of information regarding an Account. This includes a full opening schedule and interest audit trail when creating a new Account. This means the original Account can be reviewed in detail.
FIX: Accounts; Overriding Payments do not save "Additional" payments where the value is left blank
When entering a new Account, overriding payments may be entered. A "blank" value indicates to use the regular payment amount. This can be used on both Regular and Additional overriding payments
FIX: Client Contact Addresses and Contact Methods Notes are not restricted to 255 characters
The Notes property on Client Contact Addresses and Client Contact Methods was not restricted to 255 characters in the business layer. Setting it to a value longer than this caused a database error.
NEW: Business Layer; object FromXML functions updated to check version
In the finPOWER Connect Business Layer, most objects that expose a "FromXML" function have been updated so that the FromXML function validates the version of the XML.
NEW: Account Interest Calculations; new option to round Interest up, down or to the nearest cent
Accounts have a new option to round Interest, including Default and Other Interest, Up or Down. Previously all Interest was Rounded to the nearest currency value.
NEW: Web Interface Add-On; Application Shortcuts can now launch the Web Interface and assume the identity of the current User
A new type of 'Web Interface' Application Shortcut has been implemented. These shortcuts can be used in Summary Page Scripts or created by right-clicking on the Task Pane.
NEW: Fixed Term Loans; new option to align first Interest date to the first Payment date
Fixed Term Loans have a new option to align the first Interest date to the first Payment date. This makes it easier to handle loans where the first payment date is non-standard and Interest is aligned to Payments.
NEW: Account Calculation; added extra "User" fields to Interest audit information
Extra "User" fields have been added to the Account Calculation Interest audit information. This allows better auditing when a custom script is used to calculate Interest.
FIX: Users & Responsibilities; changes to the Commission Account details
To prevent confusion with Disbursement commissions, under Admin, Users & Responsibilities, Responsibilities page, the following changes have been made.
FIX: Interest Calculations; Base value that Interest is calculated on is now adjusted for negative Non-Interest bearing balance (and negative Interest balance if Principal Only)
Where the Non-Interest bearing Principal or Fee balance is negative, or Interest is not charged on Interest (ie Principal Only) and the Interest balance is negative the Interest calculated is overstated.
NEW: Account Warnings; now include a Review Date warning
If an Account's Review date is today or has already passed an Account warning is now added.
FIX: Activate Accounting Ledgers wizard; drilldown to Account now moves to "Accounting Ledgers" page
When drilling down from the Activate Accounting Ledgers wizard to the Account form, the "Accounting Ledgers" page is now selected.
NEW: Admin libraries can now be imported and exported
The following Admin libraries can now be exported and imported either from their form or using the File, Import/ Export Information menu options:
FIX: Reporting; Security Statement Details report; User Defined section shows incorrectly
When there is no Parameter Set defined under Global Settings, Securities, User Defined, the User Defined section of the Security Statement Details report may display incorrectly.