{"id":1894,"date":"2011-06-03T11:42:36","date_gmt":"2011-06-03T06:12:36","guid":{"rendered":"http:\/\/apartmentadda.com\/blog\/?p=1894"},"modified":"2011-06-03T11:42:36","modified_gmt":"2011-06-03T06:12:36","slug":"major-upgrades-to-income-tracker","status":"publish","type":"post","link":"https:\/\/adda.io\/blog\/2011\/06\/major-upgrades-to-income-tracker\/","title":{"rendered":"Major upgrades to Income Tracker"},"content":{"rendered":"<p>Dear ADDA Treasurers,<\/p>\n<p>Santa has made a surprise visit to your ADDA in the middle of the year. Your Income Tracker been upgraded with lot many goodies.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-1895\" title=\"1159640_santa_claus\" src=\"https:\/\/adda.io\/blog\/wp-content\/uploads\/2011\/06\/1159640_santa_claus.jpg\" alt=\"\" width=\"219\" height=\"218\" \/><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_81 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69dbadccda063\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69dbadccda063\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/adda.io\/blog\/2011\/06\/major-upgrades-to-income-tracker\/#Auto_Invoicing_for_all_Income_Heads\" >Auto Invoicing for all Income Heads<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/adda.io\/blog\/2011\/06\/major-upgrades-to-income-tracker\/#Automatic_Late_Payment_Interest\" >Automatic Late Payment Interest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/adda.io\/blog\/2011\/06\/major-upgrades-to-income-tracker\/#Invoice_as_a_Document\" >Invoice as a Document<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/adda.io\/blog\/2011\/06\/major-upgrades-to-income-tracker\/#Performance_Upgrades\" >Performance Upgrades<\/a><\/li><\/ul><\/nav><\/div>\n<h3><span class=\"ez-toc-section\" id=\"Auto_Invoicing_for_all_Income_Heads\"><\/span><strong>Auto Invoicing for all Income Heads<br \/>\n<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Earlier Automatic Invoicing was possible only for Maintenance Fee Income Account. Now Automatic Invoicing is possible for any Income Account. You can create Auto Invoicing rules for Corpus Fund, Sinking Fund, Repair Fund, Property Tax etc. All Income Heads will get posted in a single Invoice, at the beginning of the Invoicing Period of your ADDA, automatically.<\/p>\n<p>As before, Automatic Invoicing is for Periodic Member Invoices only, and is not possible for Non-Member Income (e.g., Income from Jewellery Exhibition, Event Stalls etc.)<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Automatic_Late_Payment_Interest\"><\/span><strong>Automatic Late Payment Interest<\/strong><strong><br \/>\n<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>This is the one goodie EVERY treasurer craves. Every Society wants to apply fair Penalty on Late Payments, but because of the complexities of calculating it Manually, most of the time the Penalties are either written off, or calculated on a flat basis (e.g., Rs. 100 per month of non-payment, irrespective of Due Amount. Or, Interested calculated on a monthly basis &#8211; which means the Member who pays with 1 day delay pays the same penalty as the Member who pays with 29 days delay). Now you can set up Automatic Penalty calculation which calculates based on a Interest Rate per Annum, calculated on a DAILY basis. Which means, the Member who pays with 1 day&#8217;s delay pays less penalty than the\u00a0 Member who pays with 2 days&#8217; delay. Fair, Transparent, Timely Collection.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Invoice_as_a_Document\"><\/span><strong>Invoice as a Document<br \/>\n<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The Invoice is now available as a Document, with Invoice Number et al.\u00a0 You can customize the Header and the Footer per your requirements. Here is a screen shot of how the new Invoice looks like (Isn&#8217;t it beautiful!).<\/p>\n<div id=\"attachment_1906\" style=\"width: 310px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/adda.io\/blog\/wp-content\/uploads\/2011\/06\/New-Invoice1.png\" data-rel=\"penci-gallery-image-content\" ><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1906\" class=\"size-medium wp-image-1906\" title=\"New Invoice\" src=\"https:\/\/adda.io\/blog\/wp-content\/uploads\/2011\/06\/New-Invoice1-300x237.png\" alt=\"\" width=\"300\" height=\"237\" \/><\/a><p id=\"caption-attachment-1906\" class=\"wp-caption-text\">Society Invoice<\/p><\/div>\n<h3><span class=\"ez-toc-section\" id=\"Performance_Upgrades\"><\/span><strong>Performance Upgrades<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>You would have already noticed it the past few days &#8211; we have doubled our server capacity and also optimized all our Applications . Check out your Trial Balance page &#8211; even before the progress bar starts the Trial Balance would have loaded.<\/p>\n<p><span style=\"color: #ff0000;\"><strong>IMPORTANT<\/strong>:<\/span> We request existing ADDA Treasurers to sign up for a \u00a0Brief Up session to tour the new features and Q&amp;A, so migrating to the new Invoice\/Penalty Rules will be easier. Please sign up here : <a href=\"https:\/\/adda.io\/home\/contactUsPage-webinar.php\">https:\/\/adda.io\/home\/contactUsPage-webinar.php<\/a>.<\/p>\n<p>Cheers!<br \/>\nADDA Team<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dear ADDA Treasurers, Santa has made a surprise visit to your ADDA in the middle of the year. Your Income Tracker been upgraded with lot many goodies. Auto Invoicing for&hellip;<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[3],"tags":[323,324,325],"class_list":["post-1894","post","type-post","status-publish","format-standard","hentry","category-product-updates","tag-demand-note","tag-society-bill","tag-society-invoice"],"_links":{"self":[{"href":"https:\/\/adda.io\/blog\/wp-json\/wp\/v2\/posts\/1894","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/adda.io\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/adda.io\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/adda.io\/blog\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/adda.io\/blog\/wp-json\/wp\/v2\/comments?post=1894"}],"version-history":[{"count":0,"href":"https:\/\/adda.io\/blog\/wp-json\/wp\/v2\/posts\/1894\/revisions"}],"wp:attachment":[{"href":"https:\/\/adda.io\/blog\/wp-json\/wp\/v2\/media?parent=1894"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/adda.io\/blog\/wp-json\/wp\/v2\/categories?post=1894"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/adda.io\/blog\/wp-json\/wp\/v2\/tags?post=1894"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}