CATS 2412 - Release Notes
June 2024.
This release incorporates a brand new report type: the Invoice Interest Report which makes calculating late fee charges a snap. It also includes several quality of life improvements.
[NEW]Invoice Interest Report
A new report is available to calculate interest for late payments that
incorporates partial payments and interest roll-up receivables. Interest
rates can be set across the whole company or for individual
counter-parties. The Invoice Interest report is also incorporated into
the past-due notification tool.
Invoice Surcharges
Surcharges are a new type of entry that can be added to invoices. When
added to an invoice, the surcharge applies to the inventory elements
above it on the item list.
Automatic “Carry” Invoice Items
With the addition of surcharges, comes the ability for CATS to
automatically calculate the carrying costs and add that entry to the
sale invoice.
Contract Flags attached to Grade/Descriptions
Individual grade/description codes can now be set to prompt for Contract
Flags during contract creation. In addition, grade/description codes can
have flags associated with them so that they will automatically attach
to the specified contract.
Past Due Notification Overhaul
The past-due notification service now incorporates the new invoice
interest reporting tool to generate more accurate and comprehensive
notifications. Provides spreadsheet summary of all notices sent.
Location Screen Label Customization
Companies can configure the traffic location screen to change the
default labels for the Customs Release date, Warehouse release date,
House B/L, Stuffing, and Feeder Vessels.
New Location Fields
A new free-entry field for Booking Number and a coded field for B/L Type
have been added to the location screen.
Inactivate Approval Terms
Users can now set Approval terms as “Inactive” to remove them from the
selection list.
Default Credit Limit as Zero
A new system setting changes how CATS treats a zero credit-limit. Rather
than disabling the credit limit checks, with this new setting enabled a
credit limit of zero will be treated as zero credit.
Discharge Port on Shipping Instruction
CATS will now pull the discharge port from the attached location screen
and display that information on Shipping Instruction and Shipping Advice
documents.
Option for a Credit Limit of Zero
A new system setting makes CATS use a zero credit limit for companies
that have no credit limit set.