Sage Intacct 2024 Release 3: Highlights, Features, and More!
Sage Intacct’s 2024 R3 is here, and we’re excited to introduce the Sage Intacct 2024 R3 Highlights. This guide serves as your essential resource for all the new features, enhancements, and updates in this third release of 2024, which is designed to provide deeper operational insights and streamline business processes. Committed to delivering superior solutions, this update focuses on enhancing efficiency, usability, and data-driven decision-making.
Please note: this update will take place on the night of Friday, August 9th, 2024.
Notable features for this release:
Strength in Financials
Easily trace original source documents in Order Entry and Purchasing
Now you can link back to reference the very first transaction document in your workflows. LEARN MORE
Bank transaction assistant file import supports additional file formats
Increase flexibility and import BAI2 and CAMT.053 bank transaction files for reconciliation. LEARN MORE
Fiscal year rollover for General Ledger document sequences
Document sequences for journal entries now support fiscal year rollover to help you manage document sequences
with year-end transitions. LEARN MORE
Platform Efficiency
Enhanced email delivery and insights
Boost your email security with DKIM, the industry-leading standard for email security. This service is now available to
everyone. LEARN MORE
Usage insights
Optimize your company’s operations and make better business decisions with Intacct usage insights coming soon! LEARN MORE
Time entry descriptions with AI Assistant—Sage Intelligent Time
Leverage AI to generate accurate context-aware time entry descriptions, reducing manual effort and saving time. LEARN MORE
Industry Insights
Categorize Order Entry transactions with the contract dimension
Improve visibility and reporting capabilities for Revenue Management by using the contract dimension. LEARN MORE
Enhancements in Forms and Operational Workflows
Simplify onboarding your clients and streamline interactions with new onboarding workflows and client portals. LEARN MORE
Convert multiple documents into a single Purchasing transaction
Streamline your workflow and convert multiple documents into one transaction so you can pay a vendor in just one
payment. LEARN MORE
Reporting Information
ICRW: New and enhanced reports
Improved tracking and analyzing with new and updated reports in the ICRW Report Library: Construction, Purchase
Order, and Order Entry!
Release note and new reports available on August 9, 2024!
Streamline expense reporting with automated receipts submission—Early adopter
Save time and ensure accuracy by emailing your employee expense receipts from any device directly to Sage
Intacct. LEARN MORE
All Changes
Company and Administration
Enhanced email delivery and insights for everyone: The enhanced email delivery service boosts your
email security and gives you better delivery insights. This service is now available to everyone. LEARN MORE
Fiscal year rollover for General Ledger document sequences: Document sequences for journal entries
now support fiscal year rollover to help you manage document sequences with year-end transitions. LEARN MORE
Usage insights show admins key metrics for customers, vendors, users, and more: Learn more about
how your business is using Intacct and make better decisions based on this data. LEARN MORE
The User information page has been streamlined: We’ve updated the User information page to simplify
your workflow, saving you time and clicks. how your business is using Intacct and make better decisions based on this data. LEARN MORE
Barcode fonts now available for printed document templates: Two Google barcode fonts are now
available for use in printed document templates. Download the fonts from Google and then use them in
Microsoft Word. LEARN MORE
Permission changes: We added new permissions for General Ledger and Order Entry. LEARN MORE
Accounts Payable
Restricted users can void top-level payments: Restricted users with top-level access can now void
payments they create at that level. LEARN MORE
Unapply credits more easily: Unapply a vendor credit from the Posted payments page. LEARN MORE
Uniform treatment for user restrictions: We’ve updated how user restrictions are enforced when approving
payments. LEARN MORE
Void payments more quickly: Void payments directly from Posted payments and skip the bank
and check registers. LEARN MORE
Vendor Payments for American Express is being retired: Make sure to process all payments by
December 20, 2024. LEARN MORE
Accounts Receivable
Edit discount amount: Customize the discount applied to an invoice without altering the term. LEARN MORE
Accounts Receivable
Check out the REST API: Now available in an Open Beta for you to try out. LEARN MORE
Stay up-to-date on great new Web Services features: Read the Sage Intacct Developer portal blog. LEARN MORE
Cash Management
Save time while reconciling: The reconciliation page now defaults to show all unmatched transactions. LEARN MORE
Bank transaction assistant file import: Import more file types for bank reconciliation. LEARN MORE
Control who can view bank account information: Configure Cash Management to restrict access to
account reconciliation information by user restrictions. LEARN MORE
Save time when creating journal entries during reconciliation: The exchange rate posting date for a
journal entry now defaults to the bank transaction date. LEARN MORE
Consolidation
Streamlined book deletion: When you want to delete a consolidation book, we delete the book and its data
in the background. You can navigate away and continue working. LEARN MORE
Fixed Assets Management
New reports for Fixed Assets Management: Three new reports are now available to gain insight into your
fixed assets: Net Book Value, Assets by Employee, and Assets by Location. LEARN MORE
Other updates in Fixed Assets Management: We made information more easily accessible, added support
for custom fields in the AP and Purchasing integrations, and updated some user permissions. LEARN MORE
Import assets offline and other improvements: The import service now supports offline processing, allowing
you to start an import and continue with other tasks while it runs in the background. We’ve also made several
other enhancements to the import service to improve your overall experience.
Release note coming soon!
General Ledger
Fiscal year rollover for General Ledger document sequences: Document sequences for journal entries
now support fiscal year rollover to help you manage document sequences with year-end transitions. LEARN MORE
Quickly delete unneeded reporting periods: You can now save time by deleting multiple reporting periods
at the same time. LEARN MORE
Easy access to Sage Intacct Planning: You can now access the Sage Intacct Planning log-in page directly
from the Budget planning page. LEARN MORE
Healthcare
Enhancements in EMRConnect: Recent enhancements include improved email notifications, support for
larger files, and the option to automatically summarize GL entries. LEARN MORE
Industry
Enhancements in Sage Intacct Forms and Operational Workflows: Simplify onboarding your clients and
streamline interactions with new onboarding workflows and client portals. LEARN MORE
Inventory Control & Supplies Inventory
Keep your company supplies in stock: You can now choose to replenish only the inventory you need to keep your operation running smoothly. LEARN MORE
Improved data tracking in inventory utilities reports: Learn more from your reports – quickly identify
unmatched quantity or value transactions, and track corresponding transaction date history. LEARN MORE
Include barcodes on inventory forms: If you have Sage Intacct Inventory Automation, you can now use barcodes to make inventory tasks faster and easier. LEARN MORE
Nonprofit
Integrate Kanso with Sage Intacct: Gain greater insight into your organization so you can improve efficiency, make better business decisions, and ensure compliance with rules and regulations for public and
affordable housing. LEARN MORE
Enhancements in Sage Intacct Ministry Intelligence: Get clearer sustained giving metrics by automatically
distinguishing between one-time gifts and recurring contributions; enjoy simpler, more informative email
notifications after processing; and integrate with Rock RMS. LEARN MORE
Order Entry
Tracing original source documents is now easier: Easily reference the very first transaction document in
your sales order workflows to help ensure inventory reconciliation accuracy. LEARN MORE
Include line conversion type in recurring templates: If you have set up blanket sales orders as recurring
transactions, you can now include line items with a default quantity or price conversion type. LEARN MORE
Platform Services
Include Interactive Visual Explorer and Interactive Custom Reports in application packages: You can already use menus to add reports to your application. Now add additional advanced report selections from
the edit application page to include in your application package. LEARN MORE
Barcode fonts now available for printed document templates: Two Google barcode fonts are now
available for use in printed document templates. Download the fonts from Google and then use them in
Microsoft Word. LEARN MORE
Purchasing
Automated transaction matching: Save time by having Sage Intacct create vendor invoices and match
them to purchasing transactions in our Early Adopter program, which is now available in all regions. LEARN MORE
Enhancements to PO Automation: You can now unlink or change the matched PO document and view all
automated transactions from a single list. LEARN MORE
Tracing original source documents is now easier: Now you can link back to reference the very first
transaction document in your purchase order workflows. LEARN MORE
Include line conversion type in recurring templates: If you have set up blanket purchase orders as
recurring transactions, you can now include line items with a default quantity or price conversion type. LEARN MORE
Revenue Management
Track Order Entry transactions with the contract dimension: Create contract dimensions and tag them to
Order Entry transactions for better insights and reporting capabilities. LEARN MORE
Sage Intacct Advanced CRM
New way to create sales transactions in the Advanced CRM Integration: There’s a new way to create
sales transactions in Salesforce and sync them to Intacct. LEARN MORE
Tax
Support for term discounts in Canadian taxes: Customers using the Canadian tax solution in the Taxes
Application can use Accounts Payable and Accounts Receivable term discounts in their transactions. LEARN MORE
Important changes in UK tax reporting for reverse charge: To support updates in compliance, we refined
the workflow for reporting input and output taxes on reverse charges. LEARN MORE
T5018 for Canada: The ability to generate a T5018 file for Canadian taxes is now generally available. LEARN MORE
Export your TPAR: Australian companies and entities can speed up the TPAR lodging process using a new
export option. LEARN MORE
Time & Expense
Automatically generate time entry descriptions with AI Assistant (beta)—Sage Intelligent Time: We’ve elevated our AI time entry experience by offering the option to automatically generate time entry descriptions
and improving the titles of activity cards. LEARN MORE
New time approvals experience—Sage Intelligent Time: We’ve redesigned the approvals page and added
a new page for approving time entries. LEARN MORE
Recall timesheets—Sage Intelligent Time: You can now recall timesheets to correct mistakes without
needing manager involvement. LEARN MORE
View audit trail—Sage Intelligent Time: The audit trail is now available on timesheets in Sage Intelligent
Time. LEARN MORE
Streamline expense reporting with automated receipts submission—Early adopter: Now you can email
your receipts to Sage Intacct from any device and then use artificial intelligence to help you code them. LEARN MORE
User Experience
Lists enhancements: Personalize your list views, leverage advanced filters, manage list and record details
side-by-side, and so much more. Try it! LEARN MORE
Updated user interface labels: We updated labels in Accounts Receivable, Company, Contracts, and Order Entry. LEARN MORE
Explore Sage Intacct 2024 R2 Updates
We’re excited to announce a series of updates aimed at boosting your productivity and overall efficiency. For complete information, detailed explanations, and demonstration videos showcasing the enhancements in Sage Intacct 2024 R3, please refer to the full list of changes made.
