v52 Enhancements - Finance Video

Major Finance enhancements in v52, released in April 2020.

New YTD column for Cash Flow Statement
Approver visibility when running AP Hold Payments Processing
New General Ledger Analytics API
Parent Lounge Payment Schedules
Payroll Online Timesheets

This video outlines the major finance and payroll enhancements delivered in Version 52, focusing on improvements that increase visibility, automation and efficiency across financial administration. It covers reporting enhancements in the General Ledger, clearer approval tracking for Accounts Payable invoices, and the introduction of a new finance API to support external analytics and reporting. A significant update is the new parent payment schedules workflow in Parent Lounge, enabling automated, secure and flexible fee payment scheduling with integrated communications and dashboards in TASS.web. The video concludes with a comprehensive walkthrough of online timesheets, showing how schools can configure roles, approvals and rules, how employees submit timesheets via Staff Kiosk, and how approved timesheets flow directly into payroll processing with a full audit trail.

Want to skip ahead? Click here for timestamps.

00:00 - Overview of Version 52 finance and payroll enhancements
00:43 - General Ledger and Cash Flow reporting updates
01:03 - Accounts Payable approval visibility improvements
02:19 - New finance API for external reporting and analytics
03:01 - Parent payment schedules and automation in Parent Lounge
05:31 - Automated communications for parent accounts
06:01 - Overview of online timesheets
07:26 - Payroll setup for timesheets, roles and approvals
08:29 - Online timesheet rules and pay conditions
09:28 - Employee timesheet entry in Staff Kiosk
10:10 - Timesheet approval, audit trail and notifications
11:16 - Importing approved timesheets into payroll
12:05 - Summary and availability notes

Check out the other videos from the v52 release:

▶️ v52 Enhancements - Student & System Admin Video

▶️ v52 Enhancements - Portals Video

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Filmed in TASS software version: v01.052.0.000.

Last updated: April 2020.