Daxko Help Center

Purchase Orders in Daxko Accounting Training Site and Dual E-Signatures

Daxko Accounting, Release Notification, Uncategorized

Purchase Orders (Training Site Only for Early Adopters)

In this release for Daxko Accounting we are VERY excited to introduce you to new Purchase Order functionality. These long awaited features will be released first in the training site to only a few clients. During this time in the training site, the Product and User Experience team will gather valuable feedback in preperation for future releases and to assess the timing of a release in the live site. Information related to enablement in your live site will be announced at a later date.

Current Purchase Order functionality includes

  • User permissions for creators (buyers) and approvers
  • Vendor record integration
  • “Bill To” default area
  • General Ledger Expense Account search
  • Document Storage Integration
  • Automatically calculated line item cost
  • GL restricted Approver list view
  • Approver overrides
  • E-Signature for up to 2 approvers

 

Dual E-Signatures for Check Printing

An enhancement to our previously release of E-Signatures for check printing is available to all clients with this feature enabled. Users can now apply up to two signatures on checks for printing. If you are interested in using this functionality, it is available to you at no cost. Simply contact our great support team support@daxko.com and let them know this is something you are interested in. User guide for E-Signatures found here.

Daxko Accounting: Draft Payment Bulk Import File

Daxko Accounting, Release Notification

For vendors that are being paid outside of Daxko Accounting via ACH or other electronic terms, our Draft Import File process will make clearing those payments quick and simple.

This release in Daxko Accounting includes the ability to Import a file to bulk post Draft Payments as paid! Our goal with this enhancement was to take a tedious task and help automate it to save you time in paying Vendors.

These new features include all the same importing processes that you are familiar with (drag and drop, queue processing, queue notifications, review steps, and event logging). We also understand that since this is automating an existing feature, we have applied this new permission to any user that already has “All AP Functions” selected.

View the full user guide here to get started today!

Daxko Accounting – E-Signatures and Grant Management Updates

Daxko Accounting, Release Notification, Uncategorized

In Daxko Accounting release 22.3 we are happy to include new features to improve the logistics of your Accounting practices. Our increased focus on reducing inefficiencies and enhancing the product to match the digital experience you expect is reflected in this latest release.

The main focus of this release is the addition of E-Signatures and enabling Grant Management in your live site.

 

E-Signature

Using E-Signatures in Daxko Accounting allows you to electronically apply a user’s signature to checks for printing. A user with the correct permissions will be able to create an electronic signature and then assign permissions to other users to apply this signature to checks. Get started with the user guide here. Starting Thursday 6/23, reach out to support@daxko.com to see if your check template is supported and if you wish to have this feature enabled on your live site at no extra cost.

Grant Management Updates 

Grant Management Features are now available in your live site! See previous blog post for user guide and details here. We are excited to go down this road with you for your Grant Management lifecycle.

Daxko Accounting Release: Grant Management

Daxko Accounting, Release Notification

Have you been using Excel spreadsheets to manage funds utilized towards awarded grant dollars? Are you tired of creating workarounds in order to track and report on expenses for grant funded programs? Do you need a technology solution built specifically for your grant management needs?

We are excited to deliver you features for a new Grant Management module in Daxko Accounting! These features have been tailored specifically for your non-profit grant management needs and were built with feedback and guidance from our users!

Within Grant Management in Daxko Accounting, you will be able to:

  • Scheduled status reminders
  • Grant record overview page
  • Document storage within grant records
  • Automated grant folder in document storage dashboard
  • Recording and management of notes
  • Link GL accounts to grant record
  • Link transactions to grant funds
  • Dashboard graphs for utilized funds

This first iteration will be available in your training site Monday May 23rd. Soon we will announce the launch of the module in your live site. Learn how to use the module here. 

We will also be announcing a Project Thrive session within the next few weeks where we will showcase these features and talk more about how to better manage your grant funds. https://www.daxko.com/project-thrive

See a preview of these exciting new features below!

Dashboard Graphics for Fund Utilization

Specific Tracking Fields

Dashboards for Each Grant Record

Daxko Accounting 2021 Tax Forms Update and Quick Edit of Vendor Status

Daxko Accounting, Release Notification

Our first release of the year for Daxko Accounting (22.1) includes the necessary updates to IRS Forms 1099-MISC, 1099-NEC, and 1096. These forms will be available for you to print on Wednesday 1/12/22. We also included a new feature that will allow you to quickly edit vendor status and a design update to the chart of accounts page. We are excited for a big year for Daxko Accounting, stay tuned for more to come!

Quick Edit of Vendor Status

To update a vendor status, instead of navigating all the way into edit mode on a selected Vendor, their Active/Inactive status can be updated from the full vendor list. Simply click on the Active or Inactive text in the “Status” column and select the status! This was a commonly requested feature and we hope that it saves you valuable time.

The page will display a success message when status is successfully changed.

Design Update to Chart of Accounts

To provide a similar experience that you will now find while managing vendors, we made design updates to the chart of accounts “Update Accounts” page. This page gives you the same functionality as before but with a easier to use experience.

Benchmark Reports in Daxko Accounting

Daxko Accounting, Release Notification

This release in Daxko Accounting includes new Benchmark Reports requested by users that will allow your association to keep metrics on a few key areas of your business. This enhancement in Daxko Accounting also brings a new feature for creating account tags. These tags will be used exclusively with Benchmark Reports for now. These tags will allow you to easily set up a template for other users in your association to pull Benchmark Reports.

What are Benchmark Reports?

The current Benchmark Reports available in Daxko Accounting are Productivity, Efficiency, and Liquidity Report. The reports can be configured however you see fit, however the explanations below will describe how the reports are intended to be used.

  • Productivity Report – This report will calculate selected Expenses over selected Revenue for the previous period
  • Efficiency Report – This report is intended to provide a benchmark metric for efficiency of programs compared to total operating Expenses
  • Liquidity Report – This report will indicate the levels of cash available and can indicate the health of the association.

What are Account Tags?

Account Tags is a way of making your account selection from Chart of Accounts that will be used to run your Benchmark Reports.

Get started using Benchmark Reports today! Full user guide here.

Reporting Enhancements in Daxko Accounting!

Daxko Accounting, Release Notification, Uncategorized

You have long asked for enhancements to reports in Daxko Accounting. We are happy to deliver some new features within our canned reports that allow you to better manage your business and report on your financials!

Daxko Accounting Release 21.4 includes the below enhancements for your reporting needs. This is only Phase 1, more enhancements are on their way!

  • Open and All Invoices Report – Addition of GL Account as filter and addition to report results
  • Open and All Invoices Report – Ability to Hide Columns
  • All Invoices Report – Sorting and Totaling Options
  • Open Invoices Report – Addition of Post Date as filter
  • Selection of 3 month period for Statement of Activities and Annual Budget Comparison Report
  • Font and Header Options!

Provided below are a few previews of these enhancements. More information will be displayed within Daxko Accounting to learn how to use these new enhancements.

Font and Header Options

3 Month Comparisons

These changes will be in your live site Wednesday May 26th!

Custom Document Folders in Daxko Accounting and More!

Daxko Accounting, Release Notification

Document Storage Enhancement

Daxko Accounting release 21.3 contains the latest iteration for Document Storage. Custom Folders give the user the ability to create and manage their own folders within the Daxko Accounting Document Center Dashboard. Custom Folders is a feature of clients with a Document Storage contract and is not available under the free tier.

Your association still has free access to Document Storage in Daxko Accounting which includes the Document Storage Dashboard for up to 99 uploads/month with NO contract. To allow uploads of more than 99/month and to enable the Custom Folders please contact sales@daxko.com

View User Guide here.

Reporting Updates

This release also contained updates to non-financial reports in Daxko Accounting. These updates will allow you to more efficiently find the invoice records that you are looking for.

  • In AP > View/Update Invoices
    • Search by GL Account
    • Search filter for “Has Documents Attached”
    • Search as of Post Date or Post Date Range

Other additions and Changes in Release 21.3

  • Bulk restore option in Document Storage Archived Folders
  • Event Log Records for Deleted Folders
  • Addition of “Bahamas” as an international Vendor option
  • Improved error response in date selectors
  • Addition of Attachments Column in Vendor Search
  • Various bug fixes and reliability improvements

New Document Storage Dashboard in Daxko Accounting

Daxko Accounting, Release Notification

Daxko Accounting release 21.2 available 2.17.2021 in your live site includes new features that help your Accounting department move one step closer to paperless!

Our newest addition to Document Storage is a Document Center Dashboard that provides full functionality for you to manage, download, archive, and delete documents in a central location. Your association still has free access to Document Storage in Daxko Accounting for up to 99 uploads/month with NO contract. To allow uploads of more than 99/month please contact sales@daxko.com

What is the Document Center Dashboard and Where Can I Find It?

The Document Center Dashboard becomes your association’s central hub for managing documents in Daxko Accounting. Whether you have uploaded documents to Invoices, Manual Journal Entries, or Vendor Records, your attachments will be easily accessible to you.

The Document Dashboard is accessible through the system menu in Daxko Accounting.

All files uploaded in AR, AP, General Ledger, and Vendor Records will be accessible to you.

What can I do with the Document Center Dashboard?

View full user guide here!

  • Preview and download files
  • Archive and delete files
  • Bulk and single actions
  • Link to document sources
  • Filter documents uploaded by date
  • Search files

Other items in release 21.2

  • Various reliability improvements
  • Event Log Entries for Document Storage

Document Storage in Vendor Records and new 1099 Forms

Daxko Accounting, Release Notification

Included in Daxko Accounting 21.1 we have included revised tax forms and updates to Document Storage, and removal of Flash Player for printing.

Updates to tax forms include the new 1099-NEC tax form, updates to the 1099-MISC, and 1096 tax forms. Learn more about these IRS tax forms here.

We introduce the ability to attach documents to a vendor record. This exciting new addition to Document Storage will allow your association to keep a tighter record on insurance certificates, W-9’s, and any other important pieces of record for your vendors. Make your audits a breeze with storing these records within Daxko Accounting.

We certainly don’t want you to supplement your home office with file cabinets and having messy dining room tables littered with invoices and Purchase Orders! Keep all those records safe by saving them to your desktop and giving them a new home in Daxko Accounting. Storing these files has never been easier by using our drag and drop functionality.

The following areas are available in Daxko Accounting for Document Storage as of Friday, January 15, 2021. Click here to learn more about document storage and your free tier!

  • AP Invoices
  • AP Vendor Records
  • AR Invoices
  • GL Manual Journal Entries

See the Document Storage User Guide for more information.

Coming Soon! A Document Storage “hub” that will allow you to mass export, archive, delete and manage all your files!