Rave General Update - 7th November 2024

Every month, we'll post a 'General Update' on the UPDATES page of our website, highlighting all the new features and improvements from the past fortnight.

We’ll also include a link to these updates in our monthly newsletter, making it easy for you to stay informed and access the latest features and enhancements.

In this update, we're detailing these awesome improvements and features:

‍Chart of Accounts Update

Enterprise Schedule Update

Timesheets Advanced New Feature

Settlement Statement Update

FMS Variation Update

Client portal update for Invoices out, Cost to complete Report and Progress Payments

‍FMS Profitability report zero out cost to complete totals

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‍Updated Feature: Chart Of Accounts Update

We have updated the Chart of Accounts (formally known as cost code areas in Rave). This update covers everywhere where we used to show the words Cost Code, Code or CC.

For non xero users you can now upload your chart of accounts, mark as hidden and visible, import using a CSV File and delete the codes.

For Xero users you have the same functionality as before but in a new fresh and clean look.

Where you used to see the word Code on the Financial documents you now see Account in its place and we have also renamed the CC report to Assigned Accounts Report.

Click here to view the FAQ Managing your Chart of Accounts

Updated Feature: Enterprise Schedule Update

Rave's Enterprise Scheduling has two exciting and new 'Click and Drag' Task Gantt view updates

1. Tasks will maintain their Constraint Type when Clicked and Dragged

This update means that the existing constraint type will stay set, with the new task start date applied.  Any subsequent linked tasks (successors) will move, or not, given their link lags and existing constraint types.

2. A Task's Predecessor Link will adjust when Clicked and Dragged

This update means that if the task has a predessor link, the predecessor link duration will automatically adjust when that task is clicked and dragged.  And again, any subsequent linked tasks (successors) will move, or not, given their link lags and existing constraint types.

Click here to view the FAQ Enterprise Scheduling Task Gantt View Updates

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‍New Feature: Advanced Timesheets

Rave's Advanced Timesheets provides a significant number of enhancements to Rave's current Timesheet workflows with the ability to now create and backcost your Labour Budget. This article steps you through what you can expect with Advanced Timesheets - and to kick things off here are a few of the highlights.Rave's Advanced Timesheets allows you to:

• Create a Labour Budget for your project - either manually, via a previously saved Labour Budget template or a CSV upload
• Backcost your Labour Budget in real time and easily identify how your Labour Budget has blown out - by task and by your team's timesheet entries
• Easily create a Labour Quote for FMS back costing reporting
• Approve your team's timesheet entries - and receive a daily notification for timesheet approvals
• Charge your team's timesheet breaks to your client - if required
• Consolidate your labour timesheet entries to a single labour line, or by task on your Labour Bills
• Choose whether you want your Labour Bill to be sent to Xero - this is NOW turned off by default

Click here to view the FAQ Advanced Timesheets

Updated Feature: Settlement Statement Refinement

The settlement statement has been moved back to the progress payment page

Clients now have the ability to print three different views of the settlement statement.

You can choose to print the payment table or exclude it

the totals have been updated to be more clear and include a paid to date line rather than balance to invoice line

Click here to View the FAQ Settlement Statement‍

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‍FMS Updated Feature: Variation Terms and Conditions

There is now a separate place for creating and saving variation specific terms and conditions.

You can load as many different options as you require and then set only 1 as a default to use on variations

Click here to view the FAQ Financial settings

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‍Client portal update for Invoices out, Cost to complete Report and Progress Payments

When inviting a client to use Rave Build you can now choose 3 different options when it comes to Financial.

Progress Payment page, Invoice out Page and for FMS clients Charge up report.

You can choose any combination of the above.

Click here to view the FAQ Creating a client log in

FMS Profitability report zero out cost to complete totals

Clients asked for the ability to zero out the balance in cost to complete for Categories that have been completed but still show a balance.

You can now click the 3 dot menu and select to zero out the cost to complete OR re calculate the cost to complete should you wish to bring the balance back

Click here to view this FAQ The Project Profitability Report

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