We have released v1.17 of nettTracker this morning, with a couple of updates to hopefully make life easier and improve your experience.
Our asset import tool was lacking the ability to specify an asset’s depreciation start date, nor that its depreciation may be deferred - the asset perhaps not having entered into service yet, despite having been acquired in a previous financial year. We have modified our import template to include the depreciation start date and deferral as new columns. Should you wish to use either of these two fields, simply include valid values into the appropriate columns of the import template.
If you don’t specify a depreciation start date, nettTracker will use your company settings to determine when depreciation should have started. This will either be in-year, meaning calculations are based from the start of the financial year of acquisition, or by-month that will use the date of acquisition for starting depreciation. Our import template contains more information and can be downloaded from the asset import page.
The other improvement is in our management of payment methods. We use Stripe as our payment provider and their toolkits help to insulate us from your card details. We never see your credit card information and keep only a token that represents your stored payment method with Stripe. Our modification is so that we can start storing the expiry date of your payment methods. This will allow us to send out notifications when payment methods are due for expiry, rather than only if the payment method fails when attempting to take your payment.
We will also be able to indicate the forthcoming expiry of a subscription payment method within the UI, so if you see a new status bar mentioning your payment method, that will be why!
Our next major work is going to focus on introducing significant features to our asset register, primarily relating to taxation values. There is quite a bit for us to work out in order to complete this, so we are hoping to release these features around the end of 2021.
As always, if there are new features or improvements you would like to see, please let us know. We are always happy to get feedback and our improvements are driven by you.