Blog from June, 2022

^{Target release: June 2022. Note: Target release and scope may be subject to change until further notice.}

Support for JPK_FA Version 4

As of April 1, 2022, a new version of the JPK_FA structure will be implemented. The new version will be supported in this upcoming release.

Direct Sending of JPK_V7

To make it more convenient, you may now be able to send the JPK_V7 files directly from NetSuite to tax authority site. A new button will be added in the JPK_V7 record when the file is ready to be sent.

FIFO Revaluation for Bank Transactions

Foreign currency bank transactions need to be revalued based on FIFO method. A new FIFO revaluation feature will be introduced which will allow you to generate calculated FIFO adjustments.

Important: Previous FIFO reconciliation feature will no longer be supported.