February 2025 Release Notes
Major Enhancements
Enhanced Currency Management
We're excited to introduce comprehensive currency rate management for our multi-currency accounting platform. You can now:
- Override official day rates for specific periods (e.g., set a custom USD/SGD rate for the entire month of January)
- Maintain full control over exchange rates while still having access to official rates
- Continue to override rates at the individual transaction level when needed
This gives you unprecedented flexibility in managing international transactions while maintaining accurate financial records.
Visit our Currency Management.
Transaction Movement Between Accounts
We've completely redesigned how you manage transactions between accounts:
- Bulk select and move individual transactions between accounts
- Simplified workflow replaces the previous account merge process
- Save time with intuitive transaction management
Two-Factor Authentication (TOTP)
Your security is our priority. We've implemented Time-based One-Time Password (TOTP) authentication:
- Compatible with standard authenticator apps (Google Authenticator, Authy, etc.)
- Adds an essential security layer to protect your financial data
- Simple setup process with recovery options
Payment Processing Improvements
Enhanced Payment Gateway Integration
We've upgraded our payment processing capabilities:
- Improved GoCardless integration with enhanced reliability for long-term events
- Added queue management for more consistent payment processing
- Updated Stripe to the latest version in preparation for new connected account features
WIO Account Transaction Processing
- New capability to retrieve historical transactions
- Improved synchronization and reconciliation options
- More comprehensive transaction history available
Accounting Workflow Enhancements
Expanded Account Flexibility
- AR/AP accounts can now be selected in Cash and Cash Equivalent accounts
- New options for Liabilities and Credit Card accounts
- More flexible account structure to match your business needs
Improved OFX Import
- Enhanced duplicate detection and prevention
- Smoother import experience with fewer manual corrections needed
- More accurate transaction categorization
Balance Sheet Reporting
- Refreshed user interface for Balance Sheet reports
- Improved readability and navigation
Additional Updates
Notification System Upgrade
- Restored push notifications with migration to a new platform
- More reliable delivery of important alerts
Affiliate Program
- New referral system for partners
- Track and manage your referrals directly from the platform
Platform Infrastructure
We've completed several behind-the-scenes updates to improve performance, security, and reliability across the entire platform.
As always, we value your feedback and are committed to making your accounting experience as seamless as possible. If you have any questions about these updates, please contact our support team.