Introducing What’s New in Sage Intacct 2024 R3
Sage Intacct 2024 Release 3 (R3) introduces new features and enhancements. Let’s take a closer look at the new features, enhancements, and highlights from this release.
View the Sage Intacct 2024 Release 3 highlights video (15:33 min)
Sage Intacct Release 3 Highlights
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.
Bank transaction assistant file import supports additional file formats – Increase flexibility and import BA12 and CAMT.053 bank transaction files for reconciliation.
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.
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.
Usage insights – Optimize your company’s operations and make better business decisions with Intacct usage insights coming soon!
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.
Industry insights
Categorize Order Entry transaction with the contract dimension – Improve visibility and reporting capabilities for Revenue Management by using the contract dimension.
Hold and resume Contract schedules in bulk – Save time managing billing, revenue, and expense schedules with new bulk actions.
Enhancements in Forms and Operational Workflows – Simplify onboarding your clients and streamline interactions with new onboarding workflows and client portals.
Kanso integration for housing management – Gain greater insight into your organization to improve efficiency, make better business decisions, and ensure compliance with rules and regulations for public and affordable housing.
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.
Reporting & automation
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!
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.
All Changes in Sage Intacct 2024 R3
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 services is now available to everyone.
Change your Intacct language setting to German – On the Company preference and User preference pages, you can now select German as your preferred language.
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.
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.
The User information page has been streamlined – Sage has updated the User information page to simplify your workflow, saving you time and clicks.
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.
Permission changes – Sage added new permissions for General Ledger and Order Entry.
Accounts Payable
Restricted users can void top-level payments – Restricted users with top-level access can now void payments they create at that level.
Unapply credits more easily – Unapply a vendor credit from the Posted payments page.
Uniform treatment for user restrictions – Sage updated how user restrictions are enforced when approving payments.
Void payments more quickly – Void payments directly from Posted payments and skip the bank and check registers.
Vendor Payments for American Express is being retired – Make sure to process all payments by December 20, 2024.
Accounts Receivable
Edit discount amount – Customize the discount applied to an invoice without altering the term.
APIs and Web Services
Check out the REST API – Now available in Open Beta for you to try out.
Stay up-to-date on great new Web Services features – Read the Sage Intacct Developer portal blog.
Cash Management
Save time while reconciling – The reconciliation page now defaults to show all unmatched transactions.
Bank transaction assistant file import – Import more file types for bank reconciliation.
Control who can view bank account information – Configure Cash Management to restrict access to account reconciliation information by user restrictions.
Save time when creating journal entries during reconciliation – The exchange rate posting date for a journal entry now defaults to the bank transaction date.
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.
Contacts
Hold and resume schedules in bulk and more – Sage added the ability to hold and resume schedules in bulk from the Manage Schedules page. We also revamped the user interface to improve your experience.
Create dimension-only contracts – Sage added a simplified, non-posting contract for reporting purposes.
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.
Other updates in Fixed Assets Management – Sage made information more easily accessible, added support for custom fields in the AP and Purchasing integrations, and updated some user permissions.
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.
Quickly delete unneeded reporting periods – You can now save time by deleting multiple reporting periods at the same time.
Easy access to Sage Intacct Planning – You can now access the Sage Intacct Planning log-in page directly from the Budget planning page.
Healthcare
Enhancements in EMRConnect – Recent enhancements include improved email notifications, support for larger files, and the option to automatically summarize GL entries.
Industry
Enhancements in Sage Intacct Forms and Operational Workflows – Simplify onboarding your clients and streamline interactions with new onboarding workflows and client portals.
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.
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.
Include barcodes on inventory forms – If you have Sage Intacct Inventory Automation, you can now use barcodes to make inventory tasks faster and easier.
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.
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.
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.
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.
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.
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.
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.
Enhancements to PO Automation – You can now unlink or change the matched PO document and view all automated transactions from a single list.
Tracing original source documents is now easier – Now you can link back to reference the very first transaction document in your purchase order workflows.
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.
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.
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.
Time & Expense
Automatically generate time entry descriptions with AI Assistant (beta)—Sage Intelligent Time: Sage elevated their AI time entry experience by offering the option to automatically generate time entry descriptions and improving the titles of activity cards.
New time approvals experience—Sage Intelligent Time: Sage redesigned the approvals page and added a new page for approving time entries.
Recall timesheets—Sage Intelligent Time: You can now recall timesheets to correct mistakes without needing manager involvement.
View audit trail—Sage Intelligent Time: The audit trail is now available on timesheets in Sage Intelligent Time.
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.
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!
Updated user interface labels: Sage updated labels in Accounts Receivable, Company, Contracts, and Order Entry.
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