Financials Focus: Fixed Assets
Millennium Consulting Webinar Series
Financials Focus: Fixed Assets
Recording from Wednesday 10th December 2025
This session covered:
- Asset Configuration
a. Asset Books
b. Asset Categories
c. Depreciation Methods
d. Posting Rules - Automated Asset Creation
- Asset Intray/Capitalisation
- Assets Under Construction
- Asset Transfers and Disposals
- Reporting
Phil Leaf
Principal Unit4 Functional Consultant at Millennium Consulting
Phil is one of the world’s leading experts in the use of Unit4 Financials, with over 25 years of experience providing strategic advice, project management, implementation, and migration services for clients across the globe.

Why robust Finance Systems are essential for commercial success
January 2026
Why robust Finance Systems are essential for commercial success
Finance systems rarely grab attention, yet they are the unseen foundation on which every successful organisation is built. This white paper explores why robust, reliable finance systems are essential for commercial success and how weaknesses in this critical area can expose even the strongest businesses to unnecessary risk.
Millennium Raising Futures Kenya Golf Day 2026
Help us change lives
Millennium 2026 Raising Futures Kenya Golf Day
Wednesday 17th June 2026 at Ashford Golf Club in Kent
We are excited to announce that Millennium's twentieth annual Charity Golf Day will be held at Ashford Golf Club in Kent. We look forward to welcoming clients, business partners, and associates on Wednesday 17th June for an enjoyable day of golf while raising essential funds for Raising Futures Kenya, our longstanding charity partner.
2026 marks the 20th anniversary of the Millennium Consulting Charity Golf Day
Two decades of bringing people together in support of a great cause, meaningful connections and a shared love of the game.
Charity
Raising Futures Kenya
We firmly believe in our social responsibility to the wider community. That’s why, over the last 20 years, we have supported Raising Futures Kenya – a charity that breaks the cycle of inequality and creates opportunities for vulnerable children and young people in Kenya.
Raising Futures Kenya provides young people with the opportunity to acquire life changing skills which enables them to succeed and support their families. One in five young people in Kenya live in poverty, unable to reach their potential so the support we provide makes a significant difference.
"Because of your generosity, your ingenuity, and your creativity, young people are learning how to support themselves in this unstable world."
— Kirsty Erridge, Raising Futures Kenya
Venue
Ashford Golf Club
Situated in the countryside to the west of Ashford town, Ashford Golf Club is a challenging 18-hole, tree-lined parkland course demanding an accurate golf game with small, undulating greens. The club has great facilities.
Address: Ashford (Kent) Golf Club, Sandyhurst Lane, Ashford, Kent, TN25 4NT
Agenda
8:30 am
9:00 am
9:45 am
10:00 am
4:00 pm
5:00 pm
5:15 pm
5:30 pm
6:00 pm
Arrive and register
Breakfast
Team photo
First tee off
Post round dinner
Raising Futures Kenya update
Heads & Tails and Raffle
Prize Giving
Depart
*Vegetarian/ vegan options are available on request
Competitions
Best dressed outfit
Make a splash by being the best turned out team
Beat the pro
A chance to double your money if you beat the pro! £10 to enter
Longest drive
Prize available for the longest drive
Nearest to the flag
Prize available for the closest to the flag
We are excited to share that we’ll be capturing dynamic drone photography and video throughout the event (weather permitting), including action shots from across the course -so keep your swing sharp, you might be featured!
Our sponsors
Many thanks to our sponsors


Take a look at our successful golf events throughout the years
Nothing found.
Contact us for further details
If there are any questions you may have, please get in touch.
Why a changing world poses a direct threat to every business
January 2026
Why a changing world poses a direct threat to every business
In an increasingly volatile global environment, change is no longer an occasional disruption but a constant force reshaping how businesses operate, compete and grow. This white paper explores why failing to anticipate and adapt to shifting markets, technologies and expectations now poses a direct and existential threat to organisations of every size and sector.
Millennium Digital Invoicing live in Belgium
January 2026
Millennium Digital Invoicing live in Belgium
Digital invoicing is no longer optional — it is fast becoming a regulatory requirement across Europe.
Over the last six years Millennium has built deep, hands-on expertise supporting digital invoicing in Italy, one of Europe’s earliest and most demanding adopters. When Italy introduced mandatory electronic invoicing in 2019, Millennium was already in production, helping customers comply from day one. That experience is now paying off elsewhere.
We’re pleased to announce that Millennium Digital Invoicing now supports Belgium, enabling customers using Unit4 Financials by Coda to produce Peppol-compliant electronic invoices. From January 2026, we are live with our first Belgian customer.
Why this matters
Italy set the benchmark for digital invoicing in Europe with a complex, highly regulated, and fully mandatory model covering both inbound and outbound invoices. Millennium’s experience operating successfully in this environment demonstrates proven capability at scale, supporting multinational organisations by integrating Unit4 Financials by Coda data with third-party invoice sources in real-world, high-volume finance operations. From January 2026, Belgium will follow this trajectory, with B2B transactions legally requiring the issuance of structured electronic invoices via the Peppol network—making early preparation essential.
Looking ahead
Belgium is not an exception — it’s part of a broader European shift toward mandatory e-invoicing, driven by VAT control, fraud reduction, and tax transparency initiatives. Countries such as France, Germany, Spain, and others are already on the same path.
Millennium’s approach is simple:
- stay ahead of legislation
- minimise disruption to finance teams
- integrate seamlessly with existing Unit4 Financials by Coda processes
If your organisation is preparing for Peppol or future European e-invoicing mandates, now is the time to get ready.
Contact our team to discuss your readiness, or learn more about Millennium Digital Invoicing.
Unit4 Financials by Coda 2025Q4
Unit4 Financials by Coda 2025Q4 was made available on 2 December 2025.
Highlights of the 2025Q4 release include:
Finance:
Pay/Collect Master
The user can now specify a Printing Options Master on the Printing tab of the Pay/Collect Master for Remittance output.
The Remittance filename will be set to the value specified on the Printing Options Master. If no Printing Options Master is specified, or the master has no filename, the existing naming functionality is applied.
Interest Charges
You now have the ability to define a minimum charge value on the Interest Master.
The minimum charge on the Interest Master is applied when an interest proposal is generated. If a minimum charge is present, then no summary will be generated if the home currency charge is less than the minimum charge value.
Element Master
On the Electronic Invoicing tab, the balancing element level account mappings are now hidden. When the Company balancing element level is set to 1, Element 1 in the account mapping is not accessible. When the Company balancing element level is set to 2, Element 1 and Element 2 in the account mapping are not accessible.
Pay
For Pay Write when sending a Pay file via HTTP POST, the file name generated will be sent as the ‘X-U4F-Filename’ header.
Structured Output:
Run Process
A Structured Output process can now be run via the public API.
Technical:
Deprecated features:
Implicit Flow
The ‘Implicit’ flow authentication method has been deprecated and will be removed in a future release. The final release has not been determined. We recommend that the ‘Authorization Code with PKCE’ flow is used instead when configuring a system to use OpenID Connect authentication.
.NET router
The .NET router has been deprecated. The final release has not been determined.
The Integration Toolkit Command Centre module
The Integration Toolkit Command Centre module (ITK) has been deprecated and will be removed in a future release. The final release has not been determined.
JavaScript User Extension Implementation Support
The ability to implement User Extensions using JavaScript is deprecated. The final release to include this support has not been determined.
Note: Support for implementing User Extensions using Java is not deprecated and is the recommended approach for implementing User Extensions.
Coda Encrypter
The command line utility coda-encrypter.exe is deprecated. The final release to include this support has not been determined.
Removed features:
32-bit XL was removed in the 2025Q1 release. Please use the 64-bit XL. This means that the supported releases of XL are available as 64-bit only.
Support for Apple Safari has ended. It is recommended to use Google Chrome or Microsoft Edge.
Security Updates
- Encryption improvements have been applied to the Punchout password when using the Element Master API.
- The third-party libraries commons-compress and commons-lang3 have been updated to improve security. This addresses CVE-2025-48924.
- The third-party libraries nimbus-jose-jwt have been updated to improve security. This addresses CVE-2025-53864.
- A potential security issue in a service used by Customiser has been fixed.
- CSV export has been improved to prevent Formula Injection. Fields exported in a CSV which start with ‘=’ (which identifies a formula) are now pre-fixed with a single quote.
- Downloading desktop clients via a direct access URL is now only available when the necessary functional security permissions are enabled.
General Fixes/Updates:
- The data dictionary now lists all possible log types for table com_loghead.
- The Unit4 Table Link Transfer Client now processes the oas_linkelement and oas_linkhead tables last and marks the records as transferred after all records have been successfully transferred for a table.
- The Unit4 Table Link Transfer Client parameter ‘Batchsize’ now has a default value of 10000.
- Interaction with the OpenID Connect identity provider has been improved.
- An issue in the write stage of a payment run that resulted in the bank rejecting the file has now been resolved. This was related to XML output encoding and Unicode conversion handling a special character for example &.
- Reminder letters sent via FTP/SFTP now appends a date and timestamp to the file name to make it unique.
- An issue where changes to matched invoices in Invoice Maintenance failed to post to Finance when involving deferred or partially recoverable tax has been resolved. The system now correctly processes and posts these updates.
- Structured Output no longer creates zero size, zero content files when outputting to the repository or SFTP.
- The following changes have been made to the IV3 transformation in Structured Output :-
- The ‘Metadata Periode’ now allows 0 and 5 to selected as stated by the CBS matrix
- The data view column is no longer mandatory
- The missing ‘Ultimo’ figures have been added to the JSON output file
- The Generic Browse API is no longer restricted by the browse limit configured in the application (capability/console). An optional parameter, rowLimit, is now available to limit the rows returned by the API. If this is not specified or is set to 0 then no limit is applied.
- The ‘/finance/currency/currency/get-rates/{cmpCode}/{rateDate}’ Rest API Endpoint no longer returns an index out of bounds error.
- The ‘/finance/pay/pay/get-dtt/{cmpCode}/{userCode}/{proposalCode}/{payMasterCode}’ Rest API Endpoint no longer returns an index out of bounds error.
- The ‘/finance/browsedetails/browsedetails/get-line/{cmpCode}/{code}/{number}/{lineNumber}’ Rest API Endpoint no longer returns an index out of bounds error.
Further details on the new features, security updates and reported issues can be found in the release documentation.
The release documentation for this release (and previous releases) can be found in the documentation area on the community.
The software can be downloaded from the “Software” tab on Community4U.
Are you making the most of Unit4 Financials by Coda?
Our Systems Health Check is designed to help you identify areas where you may be able to improve performance and ensure you extract the maximum benefit from your investment in Unit4 Financials by Coda.
SMTP Modern Authentication Migration
SMTP Modern Authentication Migration
Update
As part of the ongoing security enhancements, Basic Authentication for SMTP Client Submission in Exchange Online (Office 365) will be permanently disabled by Microsoft. Microsoft has postponed the enforcement date, and the new deadline is now end of December, 2026. However, we strongly encourage you to complete this transition as soon as possible.
If your organization currently uses Basic Authentication to send emails via Office 365, you must transition to a modern authentication method or an alternative solution before this date to avoid disruption.
Please note that this is a mandatory change from Microsoft and cannot be postponed or overridden by Unit4. Systems or applications that continue to use Microsoft Office 365 Basic Authentication will no longer be able to send emails after this date.
For official Microsoft information, visit: Updated Exchange Online SMTP AUTH Basic Authentication Deprecation Timeline | Microsoft Community H…
For any questions or guidance regarding this change, please contact Unit4 Customer Support, referencing this notice in the subject line.
Published March 2026
As part of the ongoing security enhancements, Basic Authentication for SMTP Client Submission in Exchange Online (Office 365) will be permanently disabled by Microsoft, effective March 1, 2026.
If your organization currently uses Basic Authentication to send emails via Office 365, you must transition to a modern authentication method or an alternative solution before March 1, 2026, to avoid disruption.
Please note that this is a mandatory change from Microsoft and cannot be postponed or overridden by Unit4. Systems or applications that continue to use Microsoft Office 365 Basic Authentication will no longer be able to send emails after this date.
For official Microsoft information, visit: Exchange Online to retire Basic auth for Client Submission (SMTP AUTH) | Microsoft Community Hub
For any questions or guidance regarding this change, please contact Unit4 Customer Support, referencing this notice in the subject line.
Published December 2025
Why choose Millennium for Unit4 Financials by Coda?
We are an Elite Unit4 Partner with more than three decades of experience working with Unit4 Financials by Coda. That means we have the knowledge and experience to design, implement and support the right Unit4 Financials solution for your business.
Unit4 Release Schedules 2026
Unit4 Release Schedules 2026
Unit4 Financial Planning & Analysis Release Schedule 2026
Please find below the preliminary release schedule of FP&A 2026
| 2026 | Non-production (Preview & Acceptance) | Production |
| Q1 | 17th of March | 25th/26th of April |
| Q2 | 16th of June | 25th/26th of July |
| Q3 | 15th of September | 24th/26th of October |
| Q4 | 8th of December | 23rd/24th of January (2027) |
- Data Center: SaaS Azure
- Product: U4FPA
- Deployment option: Shared, Dedicated
- Environment types: Production, Preview, Acceptance
Please note that this is a preliminary schedule and is subject to change.
ERP CR Release Schedule 2026
Please find below the preliminary release schedule of ERP CR 2026
| 2026 | Preview | Acceptance | Production |
| Q1 | 16th of March | 27th of April | 23rd/24th of May |
| Q3 | 14th of September | 26th of October | 21st/22nd of November |
- Regions: Worldwide
- Products: ERP CR
- Data Center: SaaS Azure
- Deployment option: Shared, Dedicated
- Environment types: Preview, Acceptance, Production
| 2026 | Non-production (Preview & Acceptance) | Production |
| Q1 | 16th of March | 25th of May |
| Q3 | 14th of September | 23rd of November |
- Regions: Nordics
- Products: ERP CR
- Data Center: Nordics
- Deployment option: Public, Dedicated
- Environment types: Preview, Acceptance, Production
Please note that this is a preliminary schedule and is subject to change.
Detailed overview of release scope and hourly schedule will be published after the official Release announcement on Community4U.
Unit4 Financials by Coda Continuous Release
Please find below the preliminary release schedule of Unit4 Financials by Coda 2026
| 2026 | Preview | Acceptance | Production |
| Q1 | 17th of March | 24th of March | 25th/26th of April |
| Q2 | 16th of June | 23rd of June | 25th/26th of July |
| Q3 | 15th of September | 22nd of September | 24th/25th of October |
| Q4 | 8th of December | 15th of December | 23rd/24th of January (2027) |
- Data Center: SaaS Azure
- Product: U4F
- Deployment option: Shared, Dedicated
- Environment types: Preview, Acceptance, Production
Please note that this is a preliminary schedule and is subject to change.
Unit4 ERPx Release Schedule 2026
Please find below the preliminary release schedule of ERPx 2026
| 2026 | Non-production (Preview & Acceptance) | Production |
| Q1 | 16th of March from 05:00 am to 05:00 pm UTC – United States/Australia/Norway
17th of March from 05:00 am to 05:00 pm UTC – Europe/United Kingdom/Canada |
18th of April from 05:00 pm to 19th of April 05:00 am UTC – All regions |
| Q2 | 15th of June from 05:00 am to 05:00 pm UTC – United States/Australia/Norway
16th of June from 05:00 am to 05:00 pm UTC – Europe/United Kingdom/Canada
|
18th of July from 05:00 pm to 19th of July 05:00 am UTC – All regions |
| Q3 | 14th of September from 05:00 am to 05:00 pm UTC – United States/Australia/Norway
15th of September from 05:00 am to 05:00 pm UTC – Europe/United Kingdom/Canada
|
17th of October from 05:00 pm to 18th of October 05:00 am UTC – All regions |
| Q4 | 7th of December from 05:00 am to 05:00 pm UTC – United States/Australia/Norway
8th of December from 05:00 am to 05:00 pm UTC – Europe/United Kingdom/Canada |
16th of January 2026 from 05:00 pm to 17th of January 2026 05:00 am UTC – All regions |
Please note that this is a preliminary schedule and is subject to change.
Why choose Millennium for Unit4?
As an Elite Unit4 Partner with over three decades of experience in Change Management, we bring expertise in designing, implementing, and supporting the right Unit4 solution for your business. Unlock the full potential of your Unit4 solution by partnering with Millennium – your trusted transformation partner.
Getting the Most from Coda: The Unit4 Financials Task App
Published November 2025
At Millennium, we asked our teams across the globe to look back at our last 100 projects. We asked them to think about the lessons that have stood out, the topics that crop up most often, the problems they’ve encountered, the things that have gone well (and the things that haven’t!).
The result? A fascinating collection of insights into technology, process, and, most importantly, people. Because here’s the truth: people are at the heart of every great business. The best tech doesn’t replace them – it empowers them.
Over the next few blog posts, we’ll be sharing the top four themes that emerged, covering:
Apps, AI, People and Security
App: In the first of a series of guides based on the real-life experiences of the Millennium team, we take a closer look at the often-overlooked Unit4 Financials Tasks App.
AI: Helping you look beyond the hype, to consider how AI can make a difference to your business and how it might shape Coda in the future.
People: We look at one of the most common people-related pitfalls our teams face and how you can avoid it.
Security: Time and again, we see that, no matter how strong your firewalls and other defences are, people are the weakest link in any business’s cybersecurity. We consider some of the most valuable steps you can enact right now to protect not just Coda, but your broader data estate.
Business Apps and The Big Picture
We recently did a Microsoft Teams call. At the customer’s end, it began with about half a dozen project team members in the same meeting room. By the end of it, between the school run and getting out of the city, one by one, each of the participants had left the room. But the meeting continued all thanks to the ability to switch seamlessly to a mobile app. That’s the thing about mobile applications: at their best, they enable “business as usual”, but with an added helping of employee-focused flexibility.
The Unit4 Financials Task App
The Unit4 Financials Tasks App enables you to view, manage, and respond to your financial tasks in real-time and from anywhere.
It eliminates friction. Connecting directly to Coda in real time, users can stay on top of their tasks wherever they are.
You can get everything you need done (and approved). Whether it’s a purchase order, a supplier change, a fresh transaction or all manner of other time-sensitive financial tasks, the app allows you to view, manage, respond and approve from anywhere.
You are always up to date. Because it allows you to access Coda directly, you can edit a range of information (e.g. general ledger information relating to transactions), including real-time updates and values synced with the Unit4 system.

What Next?
Download the Unit4 Financials Task app from the Apple or Android store.
Ready to get more out of Coda through implementation or wider rollout of the Tasks app? To get up and running rapidly, speak to us today.
3 ways to drive operational performance in renewable energy
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3 ways to drive operational performance in renewable energy
Explore this IFS infographic for three proven ways to improve operational performance in renewable energy and address common challenges.









