October, 2023

Release updates for G-Accon for Xero/QuickBooks

SECTIONS IN THIS ARTICLE

KPI Dashboard package for Xero and QuickBooks G-Accon users
Changes and Enhancements released for G-Accon for Xero
Changes and Enhancements released for G-Accon for QuickBooks
Watch latest videos in G-Accon Integration channel

#How to download and use KPI Dashboard package for Xero and QuickBooks G-Accon users.

KPI Dashboards, a comprehensive set of cloud templates designed to provide a high-level view of your business’s key financial metrics.

How to use KPI Dashboards

Users interested in KPI dashboards can download the package using the following link:

for Xero users:
KPI Dashboards package V1

for QuickBooks users:
KPI Dashboards package V1
KPI Dashboards package V2
KPI Dashboards package V3
KPI Dashboards package V4
KPI Dashboards package V5
Make a copy of the ‘view-only’ file to get started

Customization

Pre-designed templates with default styles, fonts, and layouts, but customization is easy to meet client-specific expectations
The initial data within the demo file is placeholder data; replace it with your actual client data.
Load templates from the G-Accon Cloud template library.
There are eight main reports to customize with your specific data.
You can also adjust dates for all reports through the ‘Dates’ tab.
It’s crucial not to modify the ‘Total data’ tab, as it contains essential formulas and queries.
Users can further add and modify reports based on specific client needs, be it Aged AC/AP, Account Transactions, Budget, Trial Balances or other reports.

Automation

Utilize the G-Accon for QuickBooks/Xero Auto-refresh feature to schedule automatic updates of the dashboard.
The refresh frequency can be set as per preference (e.g., daily at 9 a.m.).

Presentation

Reports like Profit and Loss, Balance Sheet, and Statement of Cash Flows can be edited for presentation to clients.
Reports’ look and feel, like font, color, and style, can be easily tailored to individual liking.

#Released Changes and Enhancements for G-Accon for Xero

Custom Accounting Reports.

The October 2023 release of G-Accon for Xero includes several new and enhanced Custom Accounting Reports:

Aged Payables Detail by Contact Groups: This report allows users to view detailed information about aged payables categorized by contact groups. It helps in better understanding and managing payables related to different contact groups or suppliers.

Aged Payables Detail in the Customer Currency: This report provides information on aged payables in the customer’s currency, which is particularly useful for businesses dealing with international transactions and multiple currencies.

Aged Receivables Detail in the Customer Currency: Similar to the aged payables report, this report displays aged receivables in the customer’s currency, facilitating better management of receivables in a multi-currency context.

Aged Receivables Detail by Contact Groups: This report provides a breakdown of outstanding receivables based on the groups or categories to which your customers or clients belong. It helps you better understand who owes you money and in what categories, making it easier to manage and prioritize collections efforts and maintain healthy cash flow. This report is valuable for businesses that want to segment their accounts receivable data to improve their receivables management.

Budget Variance by Tracking Category: This report allows for a comparison of budgeted amounts and actual expenses, categorized by tracking categories. It helps in tracking budget adherence and identifying areas where there are variances.

Budget vs Actuals by Tracking Category: This report provides a more detailed breakdown of budgeted amounts versus actual expenditures, segmented by tracking categories. It supports in-depth analysis of budget performance for different aspects of the business.

These reports and features enhance the reporting and analysis capabilities of G-Accon for Xero providing users with a comprehensive toolkit for managing and understanding their financial data.

List of reports:

Budget Variance by Tracking Category
Budget vs Actual by Tracking Category
Aged Payables Detail By Contact Groups
Aged Payables Detail in the Customer Currency
Aged Payables Summary By Contact Groups
Aged Payables Summary in the Customer Currency
Aged Payables Summary By Contact Groups
Aged Payables Summary in the Customer Currency
Aged Receivables Detail By Contact Groups
Aged Receivables Detail in the Customer Currency
Aged Receivables Summary
Aged Receivables Summary By Contact Groups
Aged Receivables Summary in the Customer Currency

#Released Changes and Enhancements for G-Accon for QuickBooks

1. Business Overview Reports.

Business Overview Reports are pre-designed templates featuring default styles, fonts, and layouts, but they are easily customizable by G-Accon users to meet their specific needs.

List of reports:

2. Custom Accounting Reports.

These enhancements in G-Accon for QuickBooks contribute to a more comprehensive and informative financial reporting and analysis experience, empowering users to make data-driven decisions and improve their financial management processes.

Profit And Loss By Classes Comparison: Users can now easily generate Profit and Loss reports with a comparison feature, allowing for a side-by-side analysis of different classes or categories. This enhances financial analysis and decision-making by providing a clear view of the performance of various segments.

Historical View Reports: Historical view reports have been introduced, enabling users to track and compare financial data over time. This feature allows for a more comprehensive understanding of financial trends, helping businesses make informed decisions based on historical performance.

Detailed Sales Reports: Users can access more detailed sales reports, providing a granular view of sales data. This feature offers insights into sales trends, customer behavior, and product performance, assisting businesses in optimizing their sales strategies and operations.

List of reports: