25.4 Release Notes

October 2025

Download the PDF Version of Release Notes

New Offering in Design Studio – Accounting Payments Report

A new 3-page Accounting Payments report is now available in Design Studio. This report displays AP Clearing entries in transactional, functional, and reporting currencies, with a detailed breakdown into principal, interest, and variable portions as presented in the Ledger Export (Journal Entries Report). It also includes data items linked to a lease’s accounting payments and provides a parameters page for configuration.

Streamlined Lease Classification Updates

Now you can update lease classifications when deal terms change, without navigating to the Accounting Classification workspace.

Important:

This is not a manual override tool; you cannot force a specific classification.
This will reset any existing manual overrides. Any previous manual overrides will be removed.
Because the system re-evaluates using current deal data and rules, the resulting classification may be different from before.

What’s New

Single Deal Updates: Recalculate classification directly from Deal History for individual deals.
Bulk Processing: Update multiple deals at once using the import template.

Key Differences

Recalculated Accounting: Updates accounting entries and calculations.
Recalculate Classification: Automatically determines lease classification (Finance vs. Operating) based on current deal values and rules.

When to Use:

Use this feature after changes to Incremental Borrowing Rate (IBR), rental amounts, or lease durations to ensure the system re-evaluates the accounting classification.

How It Works:

This feature recalculates classifications using current deal values, similar to clicking Refresh in the Accounting Classification workspace, and applies classification rules automatically.

Enhanced Safety Features:

Smart Validation: Prevents recalculation on incomplete deals (unbooked or unclassified).
Automatic Date Handling: Applies the correct Lease Start Date regardless of input.
Clear Error Messages: Provides helpful guidance when operations cannot be completed.
Consistent Interface: Updated dropdown labels align with terminology across classification tools.

Getting Started

Download the updated Event Import Template for bulk operations. For instructions and best practices, refer to the Recalculate Classification Product Advisory.

Improved Event Labeling

Updated Recalculate to Recalculated Accounting in the Event to Record dropdown in Deal History and in the Event Import template for clearer distinction from the new Recalculate Classification option. This change helps you select the right recalculation type for your needs.

Improved Audit History Report

Based on feedback from the Innovations Portal (Ideas Exchange).

The Audit History Report now filters results to display only records that have actual updates. Rows with blank Before and After values are no longer shown.

Transition Asset Recordation Report

The Transition Asset Recordation Report has been retired. To obtain takedown entries related to the ledger date of transition, use the following reports:

Ledger Export
Journal Entries Report
Accounting RollForward-FX (and CSV version)

Functional Ledger Export

The original version of the Functional Ledger Export has been retired. Scheduled reports based on the original version must be rescheduled using the v2 report.

Enhanced BVAccountBalance View Components

The BVAccountBalance business view components have been updated to display its data options in alphabetical order. This enhancement makes it easier and faster to locate specific data points.

Post-Processing and Accounting Refresh

Post-processing will include a full accounting refresh for all schedules. No manual recalculations are required for accounting-related updates.

Enhanced System Scalability for High-Volume EOT Events

You can now process deals with extensive End-of-Term (EOT) event histories more reliably. This update improves system performance and ensures scheduled processes complete successfully, even for complex lease portfolios.

What's new:

The system now handles deals with large numbers of EOT events without failures.
Long event descriptions are automatically shortened (with "…") to fit system limits, ensuring all events are processed.
These improvements help prevent errors and delays in your reports.

Where it Changed: Portfolio Transactions & Transaction Report

GL Segment Values on Reallocation Entries

Previously, some reallocation entries associated with rolled back modifications were missing GL segment values. This issue has now been corrected.

Note: The fix applies only to modifications rolled back from August 2024 onward, as original values were not persisted before the 24R2.3 release.

Improved Sorting in API Tab

The API tab in the System Operations Console now displays results with the newest entries first, instead of the oldest.

What's new:

Results are shown in descending order by received time.
The most recent API calls now appear at the top of the list.

Where it Changed: System Operations Console - API Tab

Accurate Balances in Accounting RollForward-FX Reports

The Accounting RollForward-FX and Accounting RollForward-FX (CSV) reports now display correct balances. Previously, schedules with split allocation assets that differed only by GL Coding Convention showed inaccurate balances. This issue has been resolved, ensuring balances are reported accurately across both formats.

Improved Payment Amount Calculation with Multiple Adjustments

An issue has been resolved where Payment (Rent) amounts were inflated when multiple payment adjustments were recorded on the same system day, even when the effective date and payment dates were different. This fix affects the Payment Schedule, BU Asset, Operational Payment Report, Portfolio Transactions, and Evergreen Transactions.

Account Balance Trend Business View

A new field, GL Coding Convention, has been added to the Account Balance Trend business view (BVAccountBalance). This field can be added to existing reports that use this business view by editing and resaving the report.

Timestamp Discrepancy in Deal History

A timestamp discrepancy has been resolved between Deal History and the following reports:

User Activity Log
Contact Management Change.