Additional Release Highlights Include
|Administration||Updates to Advanced Audit Trail and HIPAA compliance||See the latest changes and additions to Advanced Audit Trail functionality and HIPAA compliance requirements, including how new modules fit into the picture.|
|Contracts||Automatically reallocate revenue and expense schedules||You can now automatically reallocate daily rate or straight line revenue or expense schedules based on different start and/or end dates.|
|Expanded capability for MEAs with negative value contract lines||We have expanded the MEA functionality so that you can have a negative value contract line that uses a negative fair value to reallocate to a negative revenue amount, which you can then recognize via its associated revenue schedule.|
|Cancellation enhancements||To cancel or uncancel; that is the question. You can now cancel and uncancel a contract line that uses a Predefined Percentages recognition method. You can also now cancel a contract line that is participating in an MEA without the need to clear the MEA allocation. And more.|
|Miscellaneous Contracts changes||We’ve released several user interface and validation changes to Contracts that may have an impact on your company’s environment.|
|Extended flexibility for event-driven recognition||We’ve enabled you to use event-driven recognition with the Daily rate recognition method, override an item’s default Delivery status and Deferral status when adding a contract line, and determine how revenue should be adjusted when resuming a schedule from hold.|
|More insight and control over hold and resume||You can now track the hold date for billing, revenue, and expense schedules and capture comments regarding the reason for the hold, and you can determine the type of revenue adjustment to make when resuming a revenue schedule from hold.|
|SaaS Digital Board Book metric posting improvements||Liberate your Digital Board Book! By leveraging a user-defined book, which isn’t subject to financial book constraints, you get flexibility in posting non-financial data, such as DBB metrics in closed periods. And more.|
Check out Gain posting flexibility for financial analysis to learn how to use management reporting books to bypass closed periods and stack on top of your actual books, increasing your posting flexibility and offering the freedom to report on both accounting and operational activity in your company.
|Customization and Platform Services||Create customizations for multiple transaction definitions at once||Get big time savings by including multiple transaction definitions in a single customization record.|
|Synchronous API Smart Events||Get more control over how and when your API Smart Events are processed so that these events can occur in the right order to avoid abnormal asynchronous errors.|
|General Ledger||Sage Intacct Dynamic Allocations||This release, we offer a native allocation solution that enables you to automate the allocation calculation tasks for shifting costs or sharing revenues on a periodic basis.|
|Gain posting flexibility for financial analysis||We’ve added management reporting books, which bypass closed periods and stack on top of your actual books, to increase your posting flexibility and offer the freedom to report on both accounting and operational activity in your company.|
If you use Contracts, check out SaaS Digital Board Book metric posting improvementsfor a specific example of leveraging a user-defined book, which isn’t subject to financial book constraints.
|Help content||Get the in-depth help you need||Each release, we expand and deepen the existing online help. A great deal of this new help is based on feedback requests we get from you, so check it out.|
|Inventory||Replenishment automates restocking inventory||Use our new replenishment feature to automate reordering and fulfillment for cost-effective inventory management. We’ll identify which items need replenishing, suggest the most economic quantity to reorder, and generate the purchase orders for you.|
|Landed costs for easier, more comprehensive valuation||Add additional expenses, such as freight or insurance charges, back to the cost of purchased items, and ensure that your inventory valuation reflects the appropriate cost of good sold (COGS).|
|Projects||Post statistical accounts to closed periods||Get more flexibility for your statistical accounting for tracking and recording things like headcount, square footage, and new customer count.|
|Bill General Ledger transactions with Project Generate Invoices||Generate invoices for General Leger transactions. This is helpful for billing allocated expenses and indirect expenses.|
|Reporting and Insights||Interactive Custom Report Writer is now available||We’ve taken a whole new approach to custom reports. Our Interactive Custom Report Writer is a modern, more powerful, custom report writer that enables you to create even the most complex reports.|
This feature is only available in our new Action UI.
|Big changes in reports: more reasons to switch to the Action UI||All reports will now open in separate tabs, which means you can open and even compare multiple reports at the same time. You’ll have options to condense information for better readability with compact, moderate, and relaxed layout options to suite your legibility needs. And, you’ll see new fonts and colors for more contrast in a modern, visually appealing look|
|Salesforce Integration||Sage Intacct Advanced CRM Integration||Implementers newly integrating to Salesforce, or upgrading the connector, can synchronize historical records in bulk with a few simple clicks. You get higher efficiency, no more implementing records one by one, and you eliminate the need for workarounds, saving hours to days of time, and reduction in errors.|
|User Experience||Sage Intacct Action UI — updates||We’re continuing to enhance our Action UI based on your feedback. Check out what we’ve done across the product to enhance legibility and scanning, faster access to Reports Center and reports, and clearer access to the help content you need when you need it.|
|Workflow||Track and automate nonprofit revenue treatment||Nonprofit organizations can take advantage of our Revenue Management solution to easily automate their revenue recognition treatment and satisfy accounting standard requirements.|
|Include vendor stock numbers in custom printed purchase documents||Make it easier for vendors to identify the products you want; include vendor stock numbers in your custom printed purchase orders.|
If you have questions regarding any of the release updates and how they may fit into your daily processes, please contact us at email@example.com.