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Sneak Preview
Elite Enterprise 3.8 Available in January

Elite continues to build on its history of innovation and commitment to serving clients’ needs with the release of Enterprise 3.8 in January 2009. Among the many new functionalities are features that can help clients manage their financial operations by streamlining bill editing and processing efforts, enhancing vendor controls and expanding general ledger options.

The following is a list of the key features and new functionalities included in Enterprise 3.8.

Billing

  • A New Matter Rate Override

    Matter Rate settings now come with an optional setting (system wide) to make sure that any matter exception rate will override a client rate, including the client maximum rate.

  • Elite Document Studio and Report Manager Enhancements

    Attorneys will be able to see the actual formatted bill for proforma purposes, as opposed to unformatted data previously. In addition, Elite Document Studio has restored the ability to store a “hard return” when editing the narrative of a time or cost card, making the narrative more presentable to the client. Bills created in the EDS system can now be retrieved via the Report Manager process so the user can retrieve bills without having to exit Report Manager and then re-enter, saving time.

  • Report Capabilities Bolstered

    Many reports have had their totals increased in size for reporting larger numbers. In addition, you can now group vendors together for reporting purposes.

  • Exclusion of VAT on Reserves

    In some jurisdictions, such as in the United Kingdom, value added tax (VAT) can be reclaimed in case of bad debt. A new setting on the Reserves Code provides the ability to exclude the taxes from fees and costs posted on reserves, which is used in the calculation and posting of the reserves.

  • Image Connect Enhancements

    An imaging interface button has been added to the Cost Card screen. In addition, you can now print cover pages directly from the Enterprise imaging interface.

Accounts Payable

  • Related Vendor

    A Related Vendor Attribute has been added to the Vendor Record. This attribute is similar in use to the Related Matters and Related Clients and provides A/P departments with more flexibility in vendor accounting and recordkeeping.

  • New Voucher Batch Control Totals

    An important checks and balances feature is the ability to use batches as control totals. This allows a control total to be entered to validate the batch data before the batch can be closed. This feature, which allows separation between a user that creates the batch and enters the Control Totals and a different user that enters the voucher data, provides auditing controls.

General Ledger

  • Ability to Reverse General Journal Transactions

    An important new feature allows users to choose to reverse general journal transactions. Previously, journals would have to be manually keyed to reverse, or there was an option to delete. With the new reversal for manual journals there is a better audit trail with less work for users. There are several reverse rules to ensure security and provide audit trails.

Elite Global Release

  • Ability to Switch Units Without Exiting Enterprise

    Users now have the ability to switch units from within Enterprise. The user no longer has to log out and back into the application to change units when entering data or reconciling across multiple units.

  • Group GL Period Close for Multiple Units

    Now with Elite Global Release, general ledger periods can be selected and closed in a group. In addition, units (as in branches or separate offices) can be changed without exiting Enterprise, saving time and improving efficiency.