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Dynamics Billing Version 12.3 Released

Apr 12, 2022

Omniware announces the release of its latest version of Dynamics Billing. Highlights of this release include:

New features for all billing types / industries

  • New functionality to support customers paying off their outstanding balances with flexible Payment Arrangements. The current balance can be reduced and payments made on future monthly intervals

  • New capability ability to prioritize allocation of payments to invoices for particular bill cycles.

  • Options to define what limits to impose on Adjustments. This can be a dollar limit on a single adjustment or aggregate limits per day or per month. The limitations can be for all adjustments or against specific Adjustment types.

  • New functionality to add Account Deposits. A customer can be required to make a deposit prior to enabling a service. A deposit is made for a required amount, and payments are applied to it until it is fully paid. At any time, the deposit can be returned back to the customer.

  • New configurable options to Late Payment Fees to cap late fees at the overdue amount, and to prevent late fees from being calculated on top of previous late fees.

  • Can store land Parcel information with site / location records

New features for metered consumption / Utilities 

  • Streamlined the process for billing users to manually create different types of meter reads.

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