Platform feature update completed on October 17th, 2024
October 16, 2024
New Feature
Platform

Welcome to the latest updates for Appliance.io! We’ve been working hard to implement some exciting new features and fixes to make your experience smoother, more efficient, and just all-around better. Let’s dive in! 🔍👇

📈 Sales By Product Report: Average Gross Margin

No more manual calculations! 📊 We’ve introduced Total Gross Margin and Average Gross Margin tiles at the top of the Sales By Product report page. This update gives you a clear view of your profitability right where you need it, making it easier to track performance at a glance.

🔢 How It Works:

  • Total Gross Margin: Shows the overall profit margin for the products listed.
  • Average Gross Margin: Calculates the average profit margin across all products.

Locate it at the end of the line, just after Total Profit. Now, assessing profitability has never been simpler!And there you have it—a quick look at the latest and greatest updates to our platform! As always, let us know your thoughts and keep an eye out for more improvements coming your way. 🚀💡

🗂️ Install Settings: Now with Archive!

Oops! Accidentally deleting install settings is a thing of the past. 😅 We’ve added an archive option so you can safely tuck away unused installs without deleting them forever. Check out the new “Archived Installs” tab for a look at everything you’ve put on ice. ❄️🔒

📊 Income Statement Redesign: A Whole New Look!

We’ve taken feedback from accountants and bookkeepers and given the Income Statement a complete makeover! 🎨 Expect a traditional format that matches real-world accounting practices. 📈🧮

🔧 New Tax Rules for Fulfillment Services and Built-in Appliances

We’re rolling out some important updates to our sales tax settings, specifically for Fulfillment Services (Delivery + Install, Delivery Only) and Built-in Appliances. 📦✨What’s Changing?

  • New Rules: These will be prominently displayed at the top of the sales tax settings page for easy access.

Rules:

  • Disable Sales Tax on Built-in Appliances and Fulfillment Services:

This rule ensures that sales tax is not calculated on any line items that include a built-in appliance, as well as on any associated Fulfillment services.

  • Charge Sales Tax on Fulfillment Services When the Item is Taxable:

Currently, Fulfillment services are always tax-exempt. This rule introduces flexibility, allowing sales tax to be charged on these services when the corresponding item is taxable.

Why It’s Awesome: Total control is in your hands. Whether you want to charge tax on fulfillment services or not—you decide!

📊 OTR Microwaves = Built-In Appliances

Your favorite Over-The-Range (OTR) microwaves are now classified as built-in appliances. This means two things:

  • A built-in icon on the routing page.
  • These microwaves (and their attached services) are now excluded from sales tax, just like other built-ins. Tax relief, anyone? 🙌

💸 My Orders/Orders Report: Total Active Orders Value

Ever had to manually calculate the total value of your open orders? 🤯 What a hassle! We’ve fixed that. Now, a brand-new “Total Active Orders Value” tile has been added at the top of the My Orders/Orders Report page. No more endless page-flipping—get the full value of your open orders at a glance! 💰💪

What’s Changing?

  • New Rules: These will be prominently displayed at the top of the sales tax settings page for easy access.

Rules:

  • Disable Sales Tax on Built-in Appliances and Fulfillment Services:

This rule ensures that sales tax is not calculated on any line items that include a built-in appliance, as well as on any associated Fulfillment services.

  • Charge Sales Tax on Fulfillment Services When the Item is Taxable:

Currently, Fulfillment services are always tax-exempt. This rule introduces flexibility, allowing sales tax to be charged on these services when the corresponding item is taxable.

🧾 Sales Tax Report: Cash Basis & Accrual Basis Updates

We’ve cleaned up the Sales Tax Reports to make them easier to read and more accurate:

  • Cash Basis: Removed the clutter and introduced the new Transaction Date. Clear, simple, and focused on the money movement!
  • Accrual Basis: Now includes a shiny new Delivered Date column, showing exactly when revenue was recognized—because timing is everything!

We've also made two other platform updates this week:

- October 15, 2024

- October 16, 2024

We've also made some updates to the website. You can check these out here:
- October 15, 2024
- October 17, 2024