Summer '24 GoldFinch ERP Release Notes

Install Schedule

• Sandbox Date: 9/28/24 (Saturday)

• Production Date: 10/26/24 (Saturday)

Overview

We're thrilled to unveil our latest software upgrade, packed with dynamic new features designed to revolutionize your workflow! Starting September 28, 2024, you’ll get an exclusive first look at these enhancements in your Sandbox environment, with the full release hitting Production on October 26, 2024.

This release is all about elevating your efficiency and streamlining your processes. Imagine improved inventory management, smarter order handling, and enhanced project tracking—all crafted to make your daily tasks simpler and more efficient. Whether it’s automated inventory allocations or advanced work order by-products management, we’ve tailored these updates to meet your needs.

And there’s more! Our GoldFinch team is on standby to install additional features. Reach out to your GoldFinch Project Manager to activate these extra benefits and maximize your system’s potential.

Get ready to experience a new level of productivity and innovation with our upcoming release!

New Features - Automatically Added to your Account

Sales Quote Allocation

When a Sales Quote is saved, inventory is allocated automatically based on warehouse location, unit of measure, and availability. Users can easily bypass this process by adjusting settings or you can edit or remove allocations to prioritize urgent orders. When a Sales Quote is converted to a Sales Order, the allocations will seamlessly transfer. This update ensures improved efficiency and accuracy of inventory allocation from the initial quoting phase through to the final order.

Check out Sales Quote Allocation for more details.

Discontinued Item Exclusion

Discontinued items cannot be added to new sales or purchase orders, with users receiving an error if they attempt to do so. However, if a discontinued item was added to a sales order before being marked as discontinued, it will remain on the order but can be deleted.

See Discontinued Items for specifics.

Automatic Alternate Shipping Address Popup

This feature automatically displays alternate shipping addresses upon entering the Sell-to Customer information, enhancing the efficiency of selecting different delivery locations.

See the Automatic Pop-up for Alternate Shipping Addresses page for setup instructions.

Project Management Numbering Series

Users can now set up custom numbering series for Projects and Work Items, with the option to manually enter numbers or descriptions. This enhancement provides greater flexibility and control over tracking and management.

See the Project Setup Overview page to review setup instructions.

Requisition on a Work Order

Users can now streamline the ordering process by adding requisitions to work orders for special order line items. Users can create a requisition by clicking a button, which automatically generates a purchase order or a work order if the item isn't in the warehouse. The purchase or work order is then tied directly to the original work order, ensuring seamless tracking and fulfillment.

Requisition from Work Orders

By-Products from Work Orders

This new feature allows users to manage by-products alongside the main finished goods in a work order. Users can add by-products directly to the work order, assign quantities, and track them throughout the production process. This feature supports more accurate inventory management by accounting for both primary and secondary outputs, improving visibility and control over production outcomes.

By-Products from Work Orders

Accounting Variables

Now there are 4 Accounting Variable Fields on customer receipts and vendor payments, offering greater flexibility in organizing and categorizing financial transactions. These variables can be used for customized reporting, helping users track specific financial data more efficiently and gain deeper insights into their accounting processes.

Additional Check Print Options

The additional Check Print Adjustments feature allows users to fine-tune the positioning of check components to address minor discrepancies between printer and PDF alignments and to print the Company Logo or Signature. This flexibility ensures that checks are printed accurately and consistently, accommodating various printer settings and preventing alignment issues.

See Check Print Adjustments for instructions.

Tax Ledger Reporting Enhancement

To utilize the Sales Tax by Tax Jurisdiction report, you must enable Tax Ledger Entry. This feature ensures that Sales Invoices automatically generate Tax Ledger Entries, facilitating accurate and efficient sales tax reporting. By implementing this functionality, you enhance the precision of your tax records and streamline the reporting process, ultimately improving compliance and reducing manual effort.

See Tax Ledger Entry for details.

Export AR and AP Aging Reports to Excel

This feature allows users to export accounts receivable and accounts payable aging reports into Excel. This enhancement provides greater flexibility in analyzing data, improving report customization and making it easier to share and collaborate on financial insights.

See these pages for more details:

Customer AR Aging Report

Vendor AP Aging Report

Additional Features Available Upon Request

Blind Cycle Count

The Blind Cycle Count feature directs the user through the locations and asks the user to enter the item and quantities without displaying what is expected, ensuring the staff doesn’t cut corners.

Read Blind Cycle Count for more information.

Enter Serial Number Range on Mobile

This feature streamlines the process of entering serial numbers. Users can now input a range of sequential serial numbers by entering the first and last in the series, significantly speeding up the receipt processes. This improvement increases efficiency, especially when handling large quantities of serialized items, reducing manual entry time and minimizing errors.

Financial Reports Improvements

Updates to the format of Financial Reports include printing the company’s name, displaying negative numbers in red text, and prefixing all numbers with $ while using commas for thousands and millions. These changes enhance readability and clarity. Additionally, users can now hide blank rows when exporting to Excel and hide rows with all zero amounts when exporting to PDF, improving report presentation.

Read Financial Reports Overview for more information.

Trial Balance

The Trial Balance report now includes sorting by Account Name and features additional columns for Beginning Balance, Net Change, and Ending Balance. This enhancement provides a clearer view of GL Account activities and balances, making it easier to analyze and track financial changes.

See the Trial Balance page for more information.

Article Summer-24-GoldFinch-ERP-Release-Notes  ·  Last updated December 01, 2025 · GoldFinch ERP Help Center