Highlights: Sage Intacct Update 2022

The final Sage Intacct update of 2022 is on its way! Below is the list of features and functionality being added to the platform as well as links to material to show you what is changing. So what’s new in the Sage Intacct update?

Feature description	Go there
Best-in-class financials
SEPA bank file payments Bank files are now more robust and flexible to support your unique business needs. You can now pay vendors in Ireland and France with the SEPA bank file format.	Enhancements to bank file payments Demo (5:56)
Sage Intacct Payroll powered by ADP Sage Intacct Payroll is a best-in-class payroll and human capital management (HCM) solution that integrates seamlessly with Sage Intacct. Easily pay employees, add HR solutions as needed, and get detailed insights for strategic business decisions.	Announcing Sage Intacct Payroll powered by ADP Overview (5:19)
Statistical account data and grid entry in Sage Intacct Planning You spoke and we listened. Two of our most requested Sage Intacct Planning features are now available! Grid entry provides the look and feel of a spreadsheet, making data entry a snap. Import statistical account data from Sage Intacct into Planning for improved data entry flexibility.	Sage Intacct Planning Demo (3:26)
Industry highlights
Sage Intelligent Time—Expanded support for nonprofits Sage Intelligent Time is now available with grant tracking for nonprofit organizations. Empower program staff to focus on project delivery instead of time-capture. Automate the capture of reimbursable time with down-to-the minute precision. Receive electronic statements of time spent to satisfy single-audit requirements.	Sage Intelligent Time expands to nonprofits and internationally Demo (5:26)
Sage Estimating (SQL) integration with Sage Intacct Construction Take advantage of the power of industry-leading Sage Estimating to quickly create accurate estimates and export them directly to Sage Intacct. With this integration, there’s no need to re-enter data.	Sage Estimating (SQL) integration with Sage Intacct Construction
Construction payroll—Early Adopter Enroll in the early adopter program to automate complex Construction payroll calculations and journal entry creations. And, handle self-performed trade payrolls with ease, along with even more exciting capabilities.	Sage Intacct Construction Payroll—Early Adopter Demo (17:11)
Sage Intacct Lease Accounting—Early Adopter Introducing lessee-side lease tracking and accounting automation for operating leases with the latest ASC 842 and IFRS 16 standards. Centralize and manage lease contracts. Automate accounting recognition. Tie lease liabilities to right-of-use assets. Ensure compliance with updated accounting standards.	Introducing Sage Intacct Lease Accounting—Early Adopter Demo (5:08)
Compliance
Compliance documentation Sage Intacct is designed with compliance in mind. Access information in the Help Center to understand audit considerations and configuration options that ensure trusted financial reporting. Leveraging experience from global audit experts, we outline key compliance areas and include best practices and ways to identify preventative and detective control options.	Find help for compliance
Embedded training This release we added a welcome tour for new users, along with feature walk-throughs to help you get the most out of your Sage Intacct experience.	Get started with the new user tour

Feature description

Go there

Best-in-class financials

SEPA bank file payments

Bank files are now more robust and flexible to support your unique business needs. You can now pay vendors in Ireland and France with the SEPA bank file format.

Enhancements to bank file payments

Demo (5:56)

Sage Intacct Payroll powered by ADP

Sage Intacct Payroll is a best-in-class payroll and human capital management (HCM) solution that integrates seamlessly with Sage Intacct. Easily pay employees, add HR solutions as needed, and get detailed insights for strategic business decisions.

Announcing Sage Intacct Payroll powered by ADP

Overview (5:19)

Statistical account data and grid entry in Sage Intacct Planning

You spoke and we listened. Two of our most requested Sage Intacct Planning features are now available!

Grid entry provides the look and feel of a spreadsheet, making data entry a snap.
Import statistical account data from Sage Intacct into Planning for improved data entry flexibility.

Sage Intacct Planning

Demo (3:26)

Industry highlights

Sage Intelligent Time—Expanded support for nonprofits

Sage Intelligent Time is now available with grant tracking for nonprofit organizations.

Empower program staff to focus on project delivery instead of time-capture.
Automate the capture of reimbursable time with down-to-the minute precision.
Receive electronic statements of time spent to satisfy single-audit requirements.

Sage Intelligent Time expands to nonprofits and internationally

Demo (5:26)

Sage Estimating (SQL) integration with Sage Intacct Construction

Take advantage of the power of industry-leading Sage Estimating to quickly create accurate estimates and export them directly to Sage Intacct. With this integration, there’s no need to re-enter data.

Sage Estimating (SQL) integration with Sage Intacct Construction

Construction payroll—Early Adopter

Enroll in the early adopter program to automate complex Construction payroll calculations and journal entry creations. And, handle self-performed trade payrolls with ease, along with even more exciting capabilities.

Sage Intacct Construction Payroll—Early Adopter

Demo (17:11)

Sage Intacct Lease Accounting—Early Adopter

Introducing lessee-side lease tracking and accounting automation for operating leases with the latest ASC 842 and IFRS 16 standards.

Centralize and manage lease contracts.
Automate accounting recognition.
Tie lease liabilities to right-of-use assets.
Ensure compliance with updated accounting standards.

Introducing Sage Intacct Lease Accounting—Early Adopter

Demo (5:08)

Compliance

Compliance documentation

Sage Intacct is designed with compliance in mind. Access information in the Help Center to understand audit considerations and configuration options that ensure trusted financial reporting.

Leveraging experience from global audit experts, we outline key compliance areas and include best practices and ways to identify preventative and detective control options.

Find help for compliance

Embedded training

This release we added a welcome tour for new users, along with feature walk-throughs to help you get the most out of your Sage Intacct experience.

Get started with the new user tour

All changes

Below is a comprehensive list of changes made in Sage Intacct during the 2022 Release 4.

Accounts Payable

Updated

Bank file payments: Bank file payments now support AP advances and the SEPA file format.

Budgeting and Planning

Note	Sage Intacct Budgeting and Planning is an add-on application that offers a collaborative environment for creating and managing budgets. Talk to your account manager for more information.
	Sage Intacct Planning: Sage Intacct offers an add-on module that greatly expands budgeting and planning capabilities. Learn more.

Compliance

Added

Compliance made easier: Find information in the Help Center to better understand audit considerations and how to align configurations accordingly for trusted financial reporting.

Construction

Added	Estimating now integrated with Sage Intacct Construction: Export estimates directly to Construction projects without having to re-enter estimate data.
	Introducing the Sage Intacct Construction Payroll Early Adopter program: Use the Early Adopter payroll functionality to automate and simplify payroll tasks associated with Construction.

Inventory Control

Added	Fulfillment for sales orders: We’re continuing to offer fulfillment (Pick, Pack, Ship, and Invoice) in an Early Adopter program.
	Commit quantities during order entry: We’re continuing to offer the ability to dedicate quantities for specific orders in an Early Adopter program.

Lease Accounting

Added

Introducing Sage Intacct Lease Accounting: Sage Intacct Lease Accounting is a new application that allows lessees to manage their financial and operating leases to comply with the latest US GAAP or IFRS standards.

Order Entry

Added	Fulfillment for sales order manangement: We’re continuing to offer fulfillment (Pick, Pack, Ship, and Invoice) in an Early Adopter program.
	Commit quantities during order entry: We’re continuing to offer the ability to dedicate quantities for specific orders in an Early Adopter program.

Payroll

Added	Announcing Sage Intacct Payroll powered by ADP: Sage Intacct Payroll is a best-in-class payroll and human capital management (HCM) solution that integrates seamlessly with Sage Intacct.
	Introducing the Sage Intacct Construction Payroll Early Adopter program: Use the Early Adopter payroll functionality to automate and simplify payroll tasks associated with Construction.

Reporting

Added

Audit History reports: With this release, you can access Audit History reports for use with internal and external audits.

Taxes

Added

1099s: Forms are available now. Get a head start on what you need to know for this tax season.

Time and Expenses

Added

Sage Intelligent Time expands support to nonprofits that subscribe to grant tracking: Nonprofit organizations can automatically track staff time, making time accounting so much easier. Sage Intelligent Time has also launched to international customers.

User Experience

Added

Get started with Intacct: We added a short getting started tour to get familiar with navigating Sage Intacct and where to find help, training, and videos for new users.

Web Services

Dev portal

Watch the Sage Intacct Developers portal blog to stay up-to-date on great new features in Web Services.

If you would like more information on the Sage Intacct update or are looking for a new support partner, please reach out! you can give us a call at 855.913.3228 or shoot us an email at info@altavistatech.com. You can also fill out our simple web formhttps://www.altavistatech.com/contact-us and someone will reach out to you within 1 business day!