2022-01-09

Release Update - January 08, 2022

Added

• [Integrations] Railz now supports managing payables and receievables in Oracle NetSuite. Customers can now push Bills & Bill Payments, Chart of Accounts, Customers, Inventory, Invoices & Invoice Payments, Vendors and Journal Entries. See updated API reference for more details.

• [Integrations] Railz now supports pulling Business Info and Tax Rates from Oracle NetSuite. See updated API reference for more details.

• [Integrations] Railz now supports pushing refunds to Xero. See updated API reference for more details.

• [Integrations] Railz now supports pushing estimates to QuickBooks Online. See updated API reference for more details.

• [Integrations] Railz now supports pulling Invoice Payments, Bill Payments and Tax Rates from QuickBooks Desktop. See updated API reference for more details.

• [Integrations] Railz now supports pulling AP Aging reports from FreshBooks. See updated API reference for more details.

• [Railz Analytics] Extended our financial ratios to support the following new attributes: Days’ Sales in Receivables Index, Gross Margin Index, Asset Quality Index, Sales Growth Index, Depreciation Index, Sales, General, and Administrative Expenses Index, Leverage Index, Total Accruals to Total Assets, Average Collection Period, Payables Conversion Period. See Financial Ratios and updated API reference for more details.

• [Railz Analytics] Railz now has the ability to generate benchmarks based on tax data through a partnership with powerlytics. Tax benchmarking is available for enterprise customers only.See Tax Benchmarking and updated API reference for more details.

• [Railz API] Customers can now push an invoice number using the POST /invoices endpoint. See updated API reference for more details.

• [Railz API] Customers can now access the business industry code, shortcode (applicable to Xero only), supported currencies, locations and subsidiaries through the /businesses/info endpoint. See updated API reference for more details.

• [Railz API] Added reference to subsidiaries and locations owned by the parent company to the Railz data models. See updated API reference and Accounting Data Model for more details.

• [Railz API] Customers can now access the supported data types per integration using the GET /data/dataTypes endpoint. See updated API reference for more details.

• [Railz API] GET /trialBalances endpoint has been updated to include the accountId and subAccountId. See updated API reference and Accounting Data Model for more details.

• [Railz API] Railz now support querying using a wildcard (%) operator. This currently works on GET /businesses endpoint only. See updated API reference and Filtering for more details.

• [Railz API] Customers can now push split bill payments and invoice payments against invoices and bills. See updated API reference for more details.

• [Railz Dashboard] Customers can now disconnect a connection and rename a business through the businesses page in the Railz Dashboard. See manage businesses for more details.

• [Railz Dashboard] Customers can now view Accounting Transactions, Bank Transfers, AR Aging and AP Aging through the reports page in the Railz Dashboard. See Railz Dashboard for more details.

• [Railz Sites] Customers can now preview Railz Sites brand changes through the customize branding page in the Railz Dashboard.

Changed

• [Railz API] Updated the GET /taxrates endpoint to indicate if a tax rate is being used for purchases and/or sales transactions. See updated API reference for more details.

• [Railz Dashboard] Updated the Railz Dashboard to meet web accessibility WCAG 2.0 AA standards.

• [Railz API Docs] Release a new layout for our API docs including a Railz Platform Overview and no-code and developers quickstart guides.

Removed

• [Railz API] Deprecated and removed the GET /transactions endpoint. Customers should be using the /accountingTransactions endpoint per our notice in early October 2021.

Fixed

• [Integrations] Overall data extraction & normalization improvements.

• [Railz API] Improved validation schemes for API endpoints.

• [Railz API] Overall API stability improvements.

• [Railz Dashboard] Overall UI and UX improvements to business financial summary and reports page.