Version 1.8.7 🪅

Today's update we released a raft of new features in our Settlement Calculator and have provided some great new tools for Contract Elements that we know you'll love.

📣 Did you know we implement the majority of features suggested by our users? Shout out to our awesome clients who continue to come up with amazing ideas to help make OPEX the best project conveyancing system out there. You all rock!

• 📄 Contract Elements: This is the one you've been waiting for...

  • Duplicate published contract elements to a 'draft' version

  • Replace a draft contract elements PDF file while retaining all merge fields
    

• 🧮 Settlement Calculator: A huge upgrade, including

  • Penalty interest calculator

  • Ability to apply GST Withholding values in bulk

  • An option to specify "funds held in trust" as part of the calculation

  • Ability to "one click" add the remaining vendor funds (which considers 'funds held in trust')

  • Period shortcuts for adjustments (current month, current quarter etc)

  • An option to include/exclude the first day of the period

  • Improved labelling for "Paid (Payable by Purchaser)" and "Unpaid (Payable by Vendor)"

  • Improved "days calculation" for "Unpaid (Payable by Vendor)" adjustments
    

• 🖊️ General Enhancements: And a few minor improvements

  • A value is no longer shown in the "Unit No." column for land subdivision contracts

  • Improved instructions/details on the "POA" signing settings

Contract Elements

We've added two awesome features to make working with Contract Elements so much easier... oh, and we changed the buttons to "icons" under the contract elements, but you can always turn off "Compact View" (checkbox at the top) to return to the old-style interface.

Duplicate

Click the "Duplicate Contract Element" icon under a published Contract Element - it will then be duplicated to a draft version with all merge fields and signature panels already in place.

Replace File

Click the "Replace File" on a draft contract element to effectively "swap" the original PDF file with a new one. All merge fields and signature panels remain in the Contract Element! 🫨 This one is awesome, a HUGE time saver! 💪

Settlement Calculator

We added lots of new features based on feedback from our users.

Penalty Interest Calculator

You can now calculate penalty interest directly in the Settlement Calculator. Just select the category "Penalty Interest" and follow your nose!

Bulk GST Withholding

Add the GST Withholding cheque direction in bulk, with the correct value from each contract in a single process.

Funds Held in Trust & Add Vendor Funds

The calculator now automatically adds the deposit value to the new "Funds Held in Trust" field... which can be adjusted if needed (for interest etc). When used in combination with the new "+ Vendor Funds" button it automatically adds the Vendor Funds payment direction taking the funds held in trust while considering the funds in trust.

Period Shortcuts & Include First Day of Period

Quickly set your from/to period dates using our new shortcut... and the "Include first day of period" to toggle the calculation method. We've also kept the "Number of Days" field editable so you've still got unlimited flexibility.

Improved Labelling

This is a small one, but important - especially for new users. The "treat as" labels have been updated so they now indicate who pays what. Sometimes the small changes have the biggest impact. 😊

General Enhancements

• The Project Contracts list screen no longer shows a default value in the "Unit Number" column for land subdivision contracts

• Clearer instructions on the Power of Attorney settings in Project Settings