Release of Version 2.01 (Build 035)
Version 2.01 (Build 035) incorporates major enhancements to Budgets GetReal. It is now available as a FREE update. All users should update to Build 035 immediately.
Special thanks to all the dedicated users who helped us with pre-release testing.
If you have previously updated to Version 2.01 (Builds 032+) this update will be automatically applied for you when next you open Budgets GetReal.
If you have not yet updated to Version 2.01 (Build 032), we suggest you take a backup of your database and update immediately. Follow the instructions within the Operation Monitor section of Budgets GetReal or Click here for instructions on how to update
Build 035 makes minor changes (addition of extra fields) to the database structure introduced with Build 032.
Some of the benefits that Build 035 adds are as follows:
1. Report Filters. Provides cost-effective multi-entity reporting
Filters allow you to dissect your database of transactions, and are applicable to more complicated personal finances and to business situations. Filters are only available if you have licensed the Small Business Edition.
Using Filters allows you to do reports for a wide range of accounts, jobs and combinations of the above as you desire. You also can use filters to do BAS reports for separate financial entities. More about Separate Financial Entities and Using Report Filters.
Multi-entity reporting significantly reduces the cost of owning Budgets GetReal if you have several business or need to report different views of your database. By upgrading to the Business Edition you can maintain and report on an unlimited number of business/financial entities within the one database.
Note that the benefits also apply to anyone required to submit several tax reports e.g. a couple with individual tax returns, or individuals wishing to track multiple investment properties, or individuals required to file Australian and overseas tax returns.
2. Balance Sheet reports
Both standard balance sheet reports (i.e. statement of position at a certain date) and all transactions over a given period (i.e. difference in position between 2 dates) are provided. Balance sheets can use Report Filters and comparison between 2 reports is provided. More about Balance Sheet reports.
3. Budgeting now include specification of Job code.
Budget transactions can now be entered with the source of the transaction specified by both Account and Job code. This means that the Actuals vs Budgets reports now support multiple financial entity reporting.
4. Redefined Operation Monitor reporting
Operation Monitor refined so as to only show a reminder alert when the reminder date has been set, the reminder date is earlier than todays date and the reminder has not been cancelled. Previous versions displayed if a reminder date was not entered.
5. Statement reconciliation
Adds a separate Statement report to the Transaction Register. This report provides a view of all imported and manually entered transactions in similar format to that which you would expect in printed statement format from your bank. Transactions are in date order with calculated balances shown in running format. More about Statement Reconciliation.
6. Statement locking
You can lock all transactions from further import, manual entry or modification by setting a Lock Before Date in the Statement register. This is of particular use in preventing change to these transactions once they have been reconciled against your printed statements. More about Statement locking.
7. Free-Trial extended to Business Pack
Business Pack was not previously accessible for the free-trial versions. Now does and is subject to the same limits on the number of transactions that can be entered as for the Personal version (200 transaction limit). This permits the activation of Biz Codes for the free-trial.
8. Maintained Import Configurations
A number of financial institutions (Australia at this stage) have been implemented as maintained configurations.
If a maintained configuration is available, the latest template for the relevant institution will automatically be downloaded and updated if required. You only need to follow the prompts from the Import File window. You should not need to create your own configuration or import a template.
Considerable refinement to AccountDetail & Configuration options has occurred. You still retain the option to create your own template for maintained institutions. More about Account Behavior.
9. Import File process has been refined
This has been updated for maintained configurations. In addition detailed instructions on how to download transactions files electronically is provided for a number of institutions.
10. Import File process has been refined
A. Category description now includes an Alternate option. This has been added for financial institutions that do not provide a statement description for certain transactions. Westpac is one that has recently taken to not providing descriptions on transactions like Interest.
B. Facility to bypass lines with badly formatted dates or amounts. This has been added because certain institutions sometimes add non-transaction entries such as notes on interest rate changes mixed amongst valid transactions. Sometimes the amount column is formatted with some character, like “_”, to indicate it is not a valid trnsaction.
C. Added additional column delimiters vertical bar & colon.
D. Relaxed the restrictions on some characters that can be entered at the Rules section of the Configuration Editor.
11. Changes to Import Format for an Account
Restrictions on changing import format for an account have somewhat been relaxed. To ensure that duplicate transactions are not entered, the import date range is checked to see that no previous imports with a different format exist. If they do the import is prohibited for the date range.
Versions prior to Build 035 restricted format changes prior to the last imported transaction. From Build 035 the import format can be different for any date range - provided no conflict exists.
12. Added Security Warnings
Clarified the Help messages on Access Password screen and Account Detail to warn against storing sensitive information, such as bank username & passwords, in any Account Detail field. This sensitive information should ONLY be stored in the Password Vault.
13. In-program Help & Web-site Documentation
Significant update to in-program Help and the Documentation / Knowledgebase content on our web-site has occurred. This update of content is not yet complete. Further updates will occur progressively - being automatically updated to the Budgets GetReal application as they become available.
Associated Business Pack changes
Updated Business Pack extension to allow filtering of reports by any combination of Accounts and Job codes. This is equivalent to Filters introduced in main application. This allows for BAS reporting by multiple financial entities.
