Accounts Receivable Reconcile customer payments & credits to AR sales invoices
The customer reconciliation report allows you to easily see how payments, credits and credit balances match up with AR invoices. You can easily see how to reconcile payments and applied credits with AR invoices by using the customer reconciliation report.
The Customer Reconciliation Report answers the following types questions:
- What credits and payments have been applied to an invoice for a particular AR?
- Where was the credit given applied?
- Which transactions have a specific match sequence?
- What transactions are still not or only partially matched?
AR Statements Enhancements
Add a running total to your statement templates to eliminate the need for customers perform manual calculations.
Currency symbols are now displayed by default alongside amounts, improving the clarity of foreign-currency statements.
Accounts Payable
Consolidate Payments & Credits on AP Purchase invoices
The Supplier reconciliation report allows you to easily see how payments, credits and credit balances match up with AP invoices. You can easily see how you owe a particular supplier and how the payments were matched with AP invoices.
The Supplier reconciliation reports answers the following types questions:
- What credits and payments have been applied to a particular AP invoice purchase?
- Where was the credit given applied?
- Which transactions have a specific match sequence?
- What transactions are still not or only partially matched?
Fixed Assets
Posting dates can be overridden
You can now choose your own custom posting date when posting entries on the Post Depreciation Page. The new date will override the scheduled posting dates.
This feature can be particularly helpful if you originally scheduled entries for a closed time period, but need to post in an open time period. Posting entries from closed periods used to require reopening the books and closing them, which was a tedious process.
Taxes
Override tax schedules
In Purchasing and Order Entry, you can change tax amounts and details to suit unusual situations. However, customers may need more granular controls. Companies using Advanced Tax, or a VAT-tax solution, can now override transaction line item default tax schedules. You can now calculate taxes on transactions that span tax jurisdictions or select a schedule if there isn’t a corresponding map.
Tax Detail Enhancements in Tax Submission
Now you can set the filing status of tax details as either Reporting or Not reporting. Tax submission calculations will include transaction line items with a tax detail that is set to Reporting. Tax details that are set to Not reporting on line items will be excluded.
User Experience
List Enhancements
We are excited to offer our Lists beta enhancements to more customers. Use the Lists beta to customise your list views, use advanced filters, manage record and list details side by side, and more.
We’ve added new lists to this release. These enhancements will be rolled out to all our customers in future releases.
Training
The First Sage Intacct Customer Certification has been Announced
Do you have Sage Intacct expertise?
Customers who generate financial reports and perform financial transactions using Intacct are eligible to apply for the Sage Intacct Account Specialist Certification. The certification test assesses both your knowledge and skills of Sage Intacct as well as the skills listed in the certification guide.
You’ll get a certificate as well as a badge after passing the test. These can be added to your email signatures, LinkedIn profiles, and other platforms in order to showcase your skills and enhance your professional image.
LEARN MORE HERE
Here is some more information on the Sage Intacct learning membership from Sage. Click here to download the Data sheet with information and links from Sage to the training. You can also watch the Sage Intacct 2024 R4 highlights video on our Youtube channel by clicking here.
