This Alto release went live on 16th July.
This article includes:
Property Management Feature Improvements
New Natwest eQ UK Faster Payments Bacs file format
Property Management users now have the option to create Bacs payment files in the Natwest eQ UK Faster Payments file format. This new Bacs file format includes details of the agency bank account linked to the client account. Bank charges for the payments are deducted from the agency bank account. The first 18 characters of the client bank account description are output as the Payee Reference.
Property Management Issues Resolved
Reporting -> Property Management -> Tenancy Report
The Tenancy Type column was showing the code number instead of the long name entered in Group Settings>Contract Types for non-standard contract types. This issue has now been resolved.
Reporting -> Property Management Financials -> Schedule 23 Report
The period ‘Last Tax Year’ did not always default to the correct From and To dates. This issue has now been resolved.
Tenancy -> New Periodic Term
It was possible to create two periodic terms on a tenancy from different instances of Alto. This issue has now been resolved.
