Changelog - Woodcore Product Updates 🌲

Hello!!

As we bid farewell to November, we're thrilled to share the latest updates that have transformed your Woodcore experience over the past month. This release is all about enhancing your user journey, introducing features that make your tasks smoother, and refining the overall performance of Woodcore.

From streamlined workflows to exciting new functionalities, we've been hard at work to ensure that Woodcore becomes an even more indispensable tool in your hands.

Let's explore the key highlights of the November release, each one aimed at elevating your Woodcore experience to new heights. Thank you for your continued support, and we hope you enjoy the ride!

New Features 🎉

First Central Credit Bureau Reports

This is a new report that displays borrower profiles in the bank. Each report has three sheets.

• FCCB Consumer Sheets: Individual Borrowers, Credit Information, and Guarantor Information.
• FCCB Commercial Sheets: Commercial Borrowers, Credit Information, and Directors Information.

To generate the two reports, go to the Reports page, select Regulatory Reports, and click on either report. Fill in the required details to generate the report.

Improvements 🚀

M&C Approval Request: Provide The Full Details Of A "Savings Account Activation" Action Request Viewed By The Checker

Checkers can now review important details of a Savings account activation request on the CBA initiated by a maker. This allows them to make informed decisions regarding the approval or rejection of the request.

M&C Approval Request: Provide The Full Details Of A "Savings Account Creation" Action Request Viewed By The Checker

Checkers can now view important details of a Savings Account Creation action on the CBA initiated by a maker. This allows checkers to make informed decisions about whether to approve or reject the request.

M&C Approval Request: Provide The Full Details Of A "Savings Account Approval" Action Request Viewed By The Checker

Checkers can now view important details of an Approve a savings account action on the CBA initiated by a maker. This allows checkers to make informed decisions about whether to approve or reject the request.

M&C Approval Request: Provide The Full Details Of An "GL to GL" Action Request Viewed By The Checker

Checkers can now view important details of a "Journal to Journal transaction" action on the CBA initiated by a maker. This allows checkers to make informed decisions about whether to approve or reject the request.

M&C Approval Request: Provide The Full Details Of An "FD Creation" Action Request Viewed By The Checker

Checkers can now view important details of a Fixed deposit Creation action on the CBA initiated by a maker. This allows checkers to make informed decisions about whether to approve or reject the request.

Fill in the Signature fields on the Fixed Deposit Certificate

The FD certificate can now be generated with the authorized signatory fields filled. There are two signature fields, each requiring the signature image, signatory name, and signatory official title. There is a sample screenshot attached.

Savings Product: Add Search Functionality On All The Accounting Type (Ledgers) Dropdown Sections

Users can now swiftly add ledgers when creating savings products by using the search button rather than scrolling through the system's long list of dropdowns.

This can be done by following the navigation: Utilities >> Products >> Savings Product >> Create/Edit Savings Products >> Select Cash under Accounting Type >> Input the GLs from the dropdowns.

Search Entries: Add Search Functionality On The Dropdown Field

Users can now easily search for a Ledger on the CBA's Search Entries module, without manually scrolling through a long list of entries.

To find the desired ledger, go to Accounting >> Search Entries and type the name of the ledger in the Ledger column. The system will return the ledger.

Updating State Field On Create Customer To Work With Country Selected

This has been improved so that states are linked to their respective countries. When filling out an address on the customer creation form, a user must first select a country before selecting a state.

This is done when creating a customer via the Business >> Client >> Create client >> Address field on the creation form.

Bug Fixes 🐞

Loan Account: The Outstanding Balance On The Loan Details Table Does Not Correspond With The Loan Balance

When a charge (Fee) for a loan is paid, the loan details table is updated.

Add Premature Penal Closure Checkbox To The FD product Configuration Page

If the Premature penal closure checkbox is enabled while creating or changing an FD product, users can create/edit an FD and check this box without having to select any options.