Dazzle v1.12.02 changes and additions

Changes and additions in Dazzle Pawn v1.12.02 (April 4th 2010)
(compared to v1.12.01)

This information dates back to April 4th. Due to an oversight, it was not published here until June.

Dazzle Pawn v1.12.02 incorporates adds a few improvements to 1.12.01. The changes are listed below, with the most important ones first.

•Cheque Cashing interest calculations changed, in both USA and UK.
This change applies to Delayed Presentation Cheques (DPC) only. The APR (annual percentage rate) is now calculated using the amount of the payout, not the amount of the cheque itself. In addition, all charges and fees are now counted as interest for the purposes of APR calculation. This is in accordance with the requirements of the OFT in the UK, and the FTC in the US. As a result, your calculated APR figure on cheque contracts will go up! But it is in accordance with the law. As previously, the European and American APR calculations use different formulae.

•Sales Tax reports and Sales Profit reports revised. You may get tax credits.
When v1.12.01 was introduced, some inaccuracies had crept into these reports because of frequent upgrades and improvements. They have now been revised and standardized, and all known inaccuracies have been removed. If you are in the US and you filed a sales tax return based on numbers generated by v1.11.07 or 1.12.01, you may have paid too much sales tax. You are urged to reprint those reports using v1.12.02 and see if the tax amount is less. If so, the difference is caused by previously unreported return-sales. The new revised reports break out returns separately, and report them properly, so in your next tax return you can claim credit for these earlier unreported returns.

•Cheque Cashing screen now "remembers" all DPC customer bank accounts.
In addition to the 2 accounts kept in the customer record, all other accounts used (as time goes by) for writing DPC cheques will now be remembered, so you only have to enter the details the first time. After that, just pick from a list.

•Cheque-cashing screen: Cheque Cashing payouts now re-calculated correctly if you manually change interest, commission, or fees, during the entry of a new cheque.
•"Delete" button added to cheque-makers screen.
•Pawn ticket setup charge 1 now correctly applies to fireams only (USA).
•Duplicate wording removed from pawn ticket descriptions
•Repairs now post properly to the cash drawer when paid by check.
•US money laundering report allows you to change the threshhold amount (normally $10,000)
•Pawn interest and charges now itemized correctly on nightly business report.
•Missing Item description re-instated on pawn payment receipts.
•"Show amounts paid" option added to Leads Online report.
•"Adjust" button fixed on layaway payments screen.
•other insignificant changes and improvements.

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