Sage Intacct 2024 Release 4: Highlights, Features, and More!
Sage Intacct’s 2024 R4 is here, and we’re excited to introduce the Sage Intacct 2024 R4 Highlights. This guide serves as your essential resource for all the new features, enhancements, and updates in this fourth 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
Reconcile customer payments and credits to invoices and Reconcile payments and credits to bills
Review how multiple payments and credits matched to an invoice or a bill and track unpaid transactions. LEARN MORE
Enhancements to Accounts Receivable statements
Create clearer statements for your customers with enhancements to Accounts Receivable custom statements. LEARN MORE
Automation support for tax solutions
EExpanded support of AP Automation for companies using the Taxes application. LEARN MORE
Manual lettrage for General Ledger transactions
Perform transaction matching with flexible filtering and assigned lettering sequence. LEARN MORE
Bank transaction assistant now available in France
Assign customers to bank transactions and process payments for multiple customers. LEARN MORE
Control and Compliance
Get ready for 1099 season and 1099 e-filing powered by TaxBandits
Prepare for 1099 season with some helpful resources to guide you through the process of filing tax forms. LEARN MORE
And, improve efficiency and ensure IRS compliance by e-filing your forms with our seamless integration with TaxBandits. LEARN MORE
Override tax schedules in Purchasing and Order Entry
Calculate taxes on transactions that cross tax jurisdictions with tax schedule override. LEARN MORE
Tax detail enhancements for tax submission
Mark tax details as Reporting or Not reporting. Transactions using Not
reporting tax details will be excluded from tax submissions. LEARN MORE
Tax submission extended to custom VAT—Early adopter
New workflow streamlines the tax filing process for companies using a custom tax solution. LEARN MORE
Platform Efficiency
Lists enhancements - Try it!
Increase your personalization and efficiency with our configurable new lists. LEARN MORE
REST API—Early adopter
We continue to offer more functionality. Watch for the Early Adopter release documentation soon! LEARN MORE
Platform services translation management
Manage translations, streamline localization, and expand global reach with bulk translation management. LEARN MORE
Industry Insights
Multi-device employee expense automation—Generally Available
Optimize expense reporting with automated receipt submission and AI-powered efficiency. LEARN MORE
Automate Contracts service period dates for invoicing
Automatically include service period start and end dates on invoices. LEARN MORE
Retainage for Projects and Grants
Use the retainage feature in Accounts Receivable and Accounts Payable without a Construction subscription. LEARN MORE
Continental Utility integration for utility billing
Integrate Sage Intacct with Continental Utility for a complete billing solution for public utilities. LEARN MORE
Kanso integration for residential housing
Expanded and improved integration between Sage Intacct and Kanso provides a solution for residential housing. LEARN MORE
Sage Intelligent time: Time clocks
Easily achieve precise time tracking and compliance.
Coming at the end of November! LEARN MORE
Sage Intelligent time: Rate cards
Standardize pricing to establish transparent and consistent pricing structures.
Coming in December! LEARN MORE
Fixed Assets Management improvements
Save time and ensure accuracy by emailing your employee expense receipts from any device directly to Sage
Intacct. LEARN MORE
Training
Announcing the first customer certification for Sage Intacct
Introducing the Accounting Specialist Certification. Assess your knowledge of Sage Intacct and skills outlined in the certification guide and get ready for the exam! LEARN MORE
All Changes
Company and Administration
Easily find your customer ID: Your Sage Intacct customer ID is now shown on the Company information page. LEARN MORE
Introducing new language options for Canadian French and Spanish—Beta: You can now set your preferred Company and User languages to Canadian French or Spanish. LEARN MORE
Permission changes: We added new permissions for Accounts Payable, Accounts Receivable, and Time and Expenses. LEARN MORE
Accounts Payable
AP Automation support for taxes: AP Automation now supports tax information for companies that use the Tax application. LEARN MORE
Send automatic payment notifications to more recipients: Configure Intacct to automatically send notifications to both the vendor primary and secondary email addresses. LEARN MORE
Review how payments reconcile to bills: Run the Vendor reconciliation report to see how adjustments, advances, and payments match to bills. LEARN MORE
Pay bills enhancements: Act on more bills at once while enjoying sort, filter, and drill down enhancements as an Early Adopter. LEARN MORE
Vendor Payments for American Express is being retired: Process all payments by December 20, 2024. LEARN MORE
Accounts Receivable
Review how customer payments reconcile to invoices: Run the Customer reconciliation report to see how adjustments, customer advances, and payments match to invoices. LEARN MORE
Reduce manual work on AR statements: Automatically include a running balance in AR statements with our statement enhancements. LEARN MORE
Customer payment services: We’re working to sunset our Authorize.net and PayPal integrations in November of next year. Check out the Sage Intacct Marketplace to explore other solutions for a customer credit card integration. LEARN MORE
APIs and Web Services
Check out the REST API: We continue to offer more functionality that you can begin using now. LEARN MORE
Stay up-to-date on great new Web Services features: Read the Sage Intacct Developer portal blog. LEARN MORE
Cash Management
Restrict GL account for bank accounts and credit card accounts: Default AP and Default AR GL accounts are no longer selectable during bank and credit account creation. LEARN MORE
NACHA ACH payment files: You can now generate NACHA-compliant ACH payment files in Sage Intacct. LEARN MORE
Improved printing format for preprinted Canadian checks: Use the print format CAD check 2.0 with checks purchased from one of our Sage-approved vendors. LEARN MORE
Enhanced Canadian blank check stock: To stay consistent with Canadian check standards, order checks from our Sage-approved vendors. LEARN MORE
Bank transaction assistant now available in France: Easily and quickly assign customers to bank transactions and receive multiple payments for multiple customers. LEARN MORE
Dashboards
Enhancements in SaaS Intelligence: Learn about the latest changes in SaaS Intelligence. LEARN MORE
Fixed Assets Management
Override posting dates: We added the flexibility to choose a different posting date when posting depreciation manually. LEARN MORE
Transaction allocations for assets: Now you can allocate depreciation expenses across different dimensions. LEARN MORE
Custom declining balance depreciation methods: We added two new depreciation methods that allow you to customize the rate at which assets depreciate. LEARN MORE
Other updates in Fixed Assets Management: We added a new field for adding notes to assets, upgraded two lists, and made enhancements to the import service. LEARN MORE
General Ledger
Streamlined setup for GL Outlier Detection: We’ve simplified the setup process for GL Outlier Detection. LEARN MORE
Enhancements for the Accounting entries file (FEC) report: Access the report in any entity with France as the operating country and select user-defined books for inclusion in your reports. In the generated report, foreign currency credits now appear as negative amounts. LEARN MORE
Manual lettrage for General Ledger for France: Perform transaction matching with flexible filtering and assigned lettering sequence. LEARN MORE
Intermediary account for DATEV export: This new account facilitates the transfer of balances in the General Ledger CSV before you run the DATEV export. LEARN MORE
Healthcare
Enhancements in EMRConnect: Learn about the latest changes in EMRConnect. LEARN MORE
Industry Solutions
Approvals in Sage Intacct Data Flow: Require that selected data be approved before it flows to Sage Intacct. LEARN MORE
Enhancements in Sage Intacct Forms and Operational Workflows: Recent enhancements make it easier and faster to verify tax data like federal ID numbers, and to reproduce fillable PDF forms. LEARN MORE
Announcing Sage Intacct and Continental Utility: Integrating Sage Intacct with Continental Utility gives you a complete billing solution for public utilities (water, sewer, gas, and electric). LEARN MORE
Inventory Control
Easier tracking of inter-entity transactions: View inter-entity transactions in your entity-level valuation report details. LEARN MORE
Sage Intacct Inventory Automation and Fulfillment: Together, Sage Intacct Inventory Automation and Fulfillment let you have a true multi-step order fulfillment process with barcode scanning. LEARN MORE
Nonprofit
Use retainage without Construction: Customers with only a Grants or Projects subscription can now use the retainage feature in Accounts Receivable and Accounts Payable. LEARN MORE
Enhancements in Sage Intacct Ministry Intelligence: New configuration options let you set up Ministry Intelligence to meet your needs better, and importing transactions is now simpler and easier. LEARN MORE
Payroll
Streamlined integration with Sage Intacct Payroll: You no longer need to log in to a separate application to manage the integration between Payroll and Intacct! LEARN MORE
Enhancements in Sage Intacct Construction Payroll: Learn about the latest changes in Construction Payroll. LEARN MORE
Platform Services
Add more custom fields for the Location dimension: You can now add up to 100 custom fields for the Location dimension. LEARN MORE
Offer additional options to users: Enhance the user experience by providing labels in more languages. LEARN MORE
More flexibility and control in the page editor: Read about the option to enable or deactivate the Detach link property. LEARN MORE
Simplify internationalization: Import and export translations for your applications easily so that you can increase user adoption. LEARN MORE
Projects & Grants
Use retainage without Construction: Customers with only a Projects or Grants subscription can now use the retainage feature in Accounts Receivable and Accounts Payable. LEARN MORE
Improved syncing with Sage Intacct PSA: We’ve improved syncing of data between Sage Intacct and Sage Intacct PSA (Professional Services Automation). LEARN MORE
Purchasing
Enhancements to Purchasing automation: This release, we’re continuing the Early Adopter program for AP Automation with Purchasing and delivered enhancements. LEARN MORE
Revenue Management
Updates to Manage Revenue Schedules: We added new selection options and now automatically hide outdated results. LEARN MORE
Sage Intacct Real Estate
Add more custom fields for the Location dimension: You can now add up to 100 custom fields for the Location dimension. LEARN MORE
Sage Intacct and Kanso for residential housing: We’ve expanded and improved the integration between Sage Intacct and Kanso to provide a solution for residential housing. LEARN MORE
Enhancements in Sage Intacct Real Estate: We’ve improved processes and added new options for managing lease renewals, late fees, rent calculations, and more. LEARN MORE
Tax
Tax detail enhancements for tax submission: Now you can mark tax details to exclude transactions using them from tax submissions. LEARN MORE
Tax submission for custom tax solutions—Early adopter: Our new tax submission workflow streamlines the tax filing process for any company using a custom tax solution. Join our early adopter program to get early access to this feature. LEARN MORE
Override tax schedules: Companies that use Advanced Tax or a VAT tax solution can override the default tax schedules in Purchasing and Order Entry transactions. LEARN MORE
Get ready for 1099 season: Get a head start on what you need to know for this tax season. Tax forms are available now. LEARN MORE
1099 e-filing powered by TaxBandits: Skip the manual printing of 1099 forms and send tax information directly to TaxBandits to file with the IRS. LEARN MORE
Enhancements for Canadian Sales Tax: Use our streamlined Canadian Sales Tax solution to calculate and submit taxes for Federal and Harmonized Sales Tax. Exclude transaction line items from being included in tax submissions using tax detail reporting. LEARN MORE
Time & Expense
Accurately record clock-in and clock-out times—Sage Intelligent Time: Achieve effective time collection and ensure compliance with labor laws by maintaining detailed records of hours worked.
Coming at the end of November! LEARN MORE
Create and apply clear pricing structures—Sage Intelligent Time: Use rate cards to apply standard billing rates for employees, tasks, and projects.
Coming in December! LEARN MORE
Streamline expense reporting with automated receipts submission: Now you can email your receipts to Sage Intacct from any device and then use artificial intelligence to help you code them. LEARN MORE
Training and Videos
We’re proud to announce the Sage Intacct Accounting Specialist Certification: Learn how to register for certification and prepare for the exam! LEARN MORE
New training and videos: We added new training courses and videos to help you get the most out of Sage Intacct. 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 changes: We updated labels in Company and Administration, Fixed Assets Management, Inventory Control, Order Entry, Projects, and Purchasing. LEARN MORE
Explore Sage Intacct 2024 R4 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 R4, please refer to the full list of changes made.
