What's New for NV1 DOS Users
NewViews DOS Version
- April 1, 2009 payroll table updates (federal stimulus package)
- NewViews Procedure Library Update - Version 12
NewViews Windows Version
NV1 vs NV2
Below are several tables highlighting differences between NV1 and NV2
| User interface | NV1 |
NV2 |
Description |
|---|---|---|---|
| Document levels | 4 |
4 |
Same levels as NV1, reports, accounts, transactions, and distributions |
| Windows | 2 |
No limit |
Display and work in as many windows as desired on the same books / database |
| Column positions | Fixed |
Movable |
Size and position any window column as desired |
| Menu styles | 1 |
2 |
Standard Microsoft window style menu and the new NV2 custom, shortcut, re-sizable, persistent menu |
| Persistent Menus | No |
Yes |
Standard Microsoft style menus are always collapsed, our new NV2 style shortcut menus remember
the last command you selected and stay expanded on that selection |
| Ledger columns | 7 |
> 8 |
Account ledger windows may now display additional columns, e.g. journal, quantity, cross-account description |
| Activate report cells and see postings | No |
Yes |
Any report cell when activated / selected, will display in a detail window all the postings that add up to
the value of the cell. e.g. When moving across a monthly report, the detail postings window
will display only the transactions for the selected month |
| Activate history cells and see postings | No |
Yes |
Any history cell when activated / selected, will display in a detail window all the postings that add up
to the value of the cell. e.g. When moving across a history table, the detail postings window will
display only the transactions for the selected cell |
| Account views | 12 |
> 14 |
In addition to the basic views, data can now be sorted by reverse date, description, quantities only,
amount only, a date range, and tags |
| Total accounts display postings | No |
Yes |
Total accounts display all the transactions from all the accounts that total to it |
| History View | 24 month plus 8 years |
Full resolution |
All your previous history is now back with full resolution, view your 10 year old data by day,
week, two week, four week, month, three month or year |
| Custom view of the books | No |
Yes |
Each user has their own custom and private view of the books / database |
| Accounting | NV1 |
NV2 |
Description |
|---|---|---|---|
| Journals | Partial |
Yes |
NV1 used accounts as journals. NV2 has full-fledged journals |
| Trial Balance | No |
Yes |
Full trial balance with proper representation of periodic, perpetual, and opening balances on one report |
| Traditional Balance Sheet | No |
Yes |
Displays Prior Period Earnings, Current Period Earnings, and Closing Retained Earnings
(closing entries not required) |
| Inventory | No |
Yes |
NV2 has inventory accounts as a separate type, complete with quantities |
| Costing | No |
Yes |
NV2 has automatic costing when sales accounts are linked to inventory accounts |
| Order entry | No |
Yes |
NV2 has Order Entry for purchase and sales built-in |
| Payroll | Yes |
Yes |
Where NV1 payroll was clunky and cryptic, NV2 payroll is clean, streamlined and just as flexible |
| Budgets | Partial |
Full |
Budget entries are now standard double entry transactions, like financial transactions. Spreadsheet
style entry supported. Multiple budgets e.g. best case scenario, most likely scenario, worst-case scenario.
Budgets are now audited |
| Tags/Partitioning (e.g. branches, funds) | No |
Yes |
Tags may be used to "partition" books, e.g. financial transactions, budget transactions, quotes, orders,
departments, etc. |
| Quantity field | No |
Yes |
Quantity is a separate field for each posting and has a running balance |
| Number of reports | No limit |
No limit |
Create as many reports or sub reports as required |
| Number of accounts | No limit |
No limit |
Create as many accounts of any type as required |
| Postings per ledger | < 64,000 |
No limit |
Post as many transactions to accounts as required |
| Fixed year end | Yes |
No |
No restriction on future dated transactions, full range reporting for any period |
| General | NV1 |
NV2 |
Description |
|---|---|---|---|
| Account types | 2 |
9 |
In addition to the original General account, NV2 has dedicated types for; AP, AR, Bank, Expense,
Inventory, Sales, Payroll, and Total |
| Account attributes | 2 |
5 |
Accounts can now have 5 attributes; balance, type, representation, active/inactive status
and allow duplicate ref # |
| Running balances | 1 |
Multiple |
Running balances are available for any amount column, including; postings, quantities |
| Date display formats | 16 |
22 |
An expanded list of date display formats |
| Date entry format | 1 |
Multiple |
In addition to the standard DDMMYYYY date entry format, there are now over a dozen alternate formats |
| Name field size | 10 characters |
No limit |
The name field length is now unlimited |
| Description field | 30 characters |
No limit |
The description field length is now unlimited |
| Reference field size | 7 characters |
No limit |
The transaction reference field length is now unlimited |
| Reconcile field size | 7 characters |
No limit |
The transaction reconcile field length is now unlimited |
| Largest posting amount | 10 billion |
100 billion |
The largest dollar amount per posting has been increased to 100 billion |
| Largest account balance | 1 trillion |
8 million trillion |
The largest dollar amount per running balance has been increased to 8 million trillion |
| Amount field | Static |
Built-in calculator |
Every number field in the system can interpret a numeric expression e.g. you can enter 112.70 or 98*1.15 |
| Analysis columns | 6 |
Up to 366 |
From 1 to 366 columns per report, a full year on a daily basis |
| Analysis resolution | Monthly or greater |
Daily or greater |
Resolution can be set to; day, week, two week, four week, month, year, or custom ranges for a
non-standard calendar |
| Total to columns | 2 |
4 |
The number of "Total to" Columns has been increased to 4 |
| Books open at one time | 1 |
No limit |
Keep multiple books / databases open at the same time, limited only by memory |
| Simultaneous server access | No |
Yes |
A workstation can connect to multiple servers at the same time |
| Security | 3 levels |
No limit |
NV2 user access can be customized and has individual user options |
| Audit Trail | Partial |
Full |
The audit trail is inside the books / database and fully secured. All items added, changed or deleted
are in the audit trail. Who, what, when and where |
| Help system | Basic text |
HTML |
Full HTML based help files, hyperlinked, indexed, and searchable |
| MS Office integration | No |
Yes |
Export to Excel and Word. Import from Excel |
| System | NV1 |
NV2 |
Description |
|---|---|---|---|
| Platform | DOS |
Windows, soon Linux, MAC OSX |
NV2 is platform independent |
| Multi-User | No |
Yes |
Two or more users can access the same books at the same time |
| Users | 1 |
No limit |
When running NV2 Server, no limit to the number of users that can access a database at the same time |
| Real-time | Yes |
Yes |
All data is updated in real-time, in single-user, multi-user or operating across the Internet |
| File size | 500 Mb |
Size of disk |
The database file size has no limit. For backup convenience we divide database files into 512Mb segments |
| File system | Proprietary |
Proprietary |
New technology object file system |
| Database | Proprietary |
Proprietary |
New object database technology. |
| Language | Assembler |
C++ |
NV2 developed using C++ and Open Source tools. |
| Windows Registry | No |
No |
NV2 does not modify your Windows registry, no restart is required
after install / uninstall, no need to shut down all programs before install / uninstall
|
| Macro/Scripting language | NPL |
Tcl/Tk |
Widely used open-source development environment |
| User programmable | Yes |
Yes |
NV2 can be scripted, automated and extended using Tcl |
| Internet enabled | No |
Yes |
NV2 is designed to run on the Internet. Workstations and Servers
communicate across the internet. NV2 operates the same on a LAN, WAN, and the Internet
|