On this page you can scan release highlights to get a quick understanding of what’s new, or review a list of all the changes organised by category.
Sage Intacct 2023 R4 Release highlights
Below is a list of highlighted features in Sage Intacct 2023 Release 4 for the United Kingdom.
Feature Description | Link to information |
Automation advancements | |
| Advanced ownership consolidations Unlock efficiency and elevate decision making with seamless, automatic rollup consolidation for complex partial ownership structures.
| Introducing Advanced ownership consolidation |
| Reconciliation enhancements Simplify your receive payments and reconciliation process with the Bank Transaction Assistant. Receive multiple payments from bank transactions and automatically match for reconciliation. Plus, quickly pinpoint reconciliation transactions that match with match sequences.
| Improve your workflow with Bank transaction assistant Easily identify matched reconciliation transactions with match sequences |
| Receive one payment for multiple customers Simplify the process of handling diverse payments. Now you can receive one payment and allocate it to different customer accounts giving you more flexibility.
| Receive single payments for multiple customers |
| Update a bill that you submitted for approval Eliminate steps in your bill approval cycle. Submitters can easily remove a submitted bill from the approval queue and return it to an editable draft state for a simplified process.
| Update a bill that you submitted for approval |
| Enhanced email delivery system Ensure that your communication is secure and effective. Improve your email security and enjoy reliable email delivery as well as detailed insights into the status of your emails.
| Enhanced email delivery and insights |
| Set your Sage Intacct local language to French We expanded our language options to let you customize your Sage Intacctlanguage settings, providing a smooth user experience in French. | Introducing French as a Company and User language option |
Industry insights | |
| Contracts expense management with new list Streamline your expense management with the new Expense lines list. Quickly and easily add new expenses, make edits, or view existing ones all from one centralized location.
| Contract expenses get listed! |
| Project and ministry intelligence Gain deep insights to make data-driven decisions and ensure efficiency. · Ministry intelligence lets you seamlessly link your accounts and business operations to improve collaboration and streamline reconciliations and audit processes. · Project intelligence puts utilization and resource management at your fingertips, as well as comprehensive views of KPIs.
| ·Announcing Sage Intacct Project Intelligence |
| Inventory fulfillment—Generally available Simplify your workflow and boost efficiency with Inventory fulfillment. Track and ship sales orders promptly, ensuring your customers are delighted with quick deliveries. And, operate more efficiently and at a reduced cost with pick and pack lists. | Announcing general availability of Fulfillment for sales order management |
All changes
Company and Administration
| Added | New subscription for Global Transaction Security: Build trust in your business with tools that help prevent fraudulent activity and ensure the integrity of your accounting data. Change your Intacct language setting to French: On the Company preferences and User preferences pages, you can select the French option to set the local language for Sage Intacct. Enhanced email delivery service is now here: We’re excited to announce the launch of our enhanced email delivery service! Mask employee bank details: Protect employees’ sensitive banking information with the option to mask employee bank details in the audit trail. Make a match: Alpha sequences for reconciliation matching are now available! Learn more. |
| Updated | Sandbox customers and partners can create, refresh, and manage sandboxes: Sage Intacct is allowing all sandbox customers and partners to create, refresh, and manage sandboxes. New permissions: We added new permissions for Administration, Cash Management, and General Ledger. API usage: The new API usage dashboard offers a comprehensive view for monitoring and analyzing API activity across your entire company, so you can identify issues and optimize your integrations. |
Accounts Payable
| Added | Track activity: Companies with AP Automation can monitor their automated transaction volume in Subscription usage. New Pay bills column: Review the vendor’s preferred payment method when selecting bills to pay. Fix mistakes on submitted bills: Retrieve a bill from the approval queue for editing using the new option to recall a bill. Track activity: Companies with AP Automation can monitor their automated transaction volume in Subscription usage. |
| Updated | Vendor Aging report: Enjoy more filtering flexibility with the ability to select multiple vendors, filter by vendorgroup, and include child vendors. New required field for vendors: The option to designate a vendor as an individual person is now a required field. Vendor approval updates: Improved CSV support and a new API further enhance vendor approval. New Pay bills column: Review the vendor’s preferred payment method when selecting bills to pay. |
Accounts Receivable
| Added | Bank transaction assistant: A new workflow to speed up and provide flexibility for Accounts Receivable and Cash Management users—Early Adopter Single payments for multiple customers: Receive a payment and apply it to from multiple customers. |
| Updated | Customer Aging report: Enjoy more filtering flexibility with the ability to select multiple customers, filter by customer group, and include child customers. Improved printed deposits: We improved the format and information included in printed deposits. |
Cash Management
| Added | Bank transaction assistant: A new workflow to speed up and provide flexibility for Accounts Receivable and Cash Management users. Match sequences: Auto-assign a sequence to matched transactions during reconciliation for insight into matching activity. |
| Updated | Bank transaction import experience: Save time and increase control when you import bank transactionsfrom a centralized location—Early Adopter. Improved printed deposits: We improved the format and information included in printed deposits. South African bank files: Change which banking fields are needed to pay South African vendors. |
Consolidation
| Added | Advanced Ownership Consolidation, providing partial ownership through tiered consolidation—coming soon: Get ready for a new financial consolidation offering that supports different entity ownership percentages and multiple levels of consolidation through defined parent-subsidiary relationships. |
Contracts
| Added | New Expense lines list: Easily manage your contract and contract line expenses in the new list built in Sage Intacct’s enhanced lists framework. |
General Ledger
| Added | Change GL account numbers: You can now change your settings for the length of account numbers, as well as account numbers themselves. Control how far into the future you allow posting: If you allow transactions to be posted to future periods, you can specify how far into the future you allow posting. |
| Updated | Adjustments are not allowed in locked periods: Locking a period now totally prevents changes to the period, because adjustments cannot be entered in locked periods. |
Inventory Control
| Added | Announcing general availability of Fulfillment for sales order management: Last year, we announced that Fulfillment for sales order management was available for early adopters. Now, we’re pleased to announce that the feature is generally available to customers. Learn more. Commit quantities during order entry: Last year, we announced the ability to reserve and allocate items during order entry for early adopters. We’re now pleased to announce that the feature is generally available. Learn more. |
Lease Accounting
| Added | QuickStart templates support Lease Accounting: Updated QuickStart templates include the account categories and account groups you need for Lease Accounting. |
Nonprofit
| Added | Change the Intacct label for the Billable field: Change Billable and related labels so that they resonate with people in the nonprofit field. For example, Billable becomes Qualified expense. Learn more. Announcing Sage Intacct Ministry Intelligence:Ministry Intelligence seamlessly connects accounting and business operations by delivering key church management data and visibility into KPIs and insights critical to strengthening congregation health. |
Projects
| Added | Plan your projects with greater precision on revenue and expense: Capture detailed project estimates to compare estimated costs to actual costs. Say goodbye to using time-consuming workarounds and processes to manage project costs. |
Reporting – Advanced
| Added | The ICRW learning journey is an information road map for help, training videos, and Sage University classes. Whether you are new to ICRW or an expert user, the ICRW learning journey is your guide to success. |
Reporting – Financial
| Added | QuickStart templates support Lease Accounting: Updated QuickStart templates include the account categories and account groups you need for Lease Accounting. |
| Updated | Drill down from stored financial reports: When viewing a stored financial report, you can now drill down from the report. |
Time and Expenses
| Added | Mask employee bank details: Protect employees’ sensitive banking information with the option to mask employee bank details in the audit trail. |
User Experience
| Updated | A new look for Sage Intacct: We’re debuting new colors, fonts, and a new look for links. Learn more. Lists enhancements: Get key improvements to more easily drill down to view required data. Learn more about the enhanced list features. Updated user interface labels: We updated labels in General Ledger and Purchasing. Learn more about label changes. |
Web Services
| Dev portal | Watch the Sage Intacct Developers portal blog to stay up-to-date on great new features in Web Services. |
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These release notes are a work in progress until our official release. Check back regularly for additions, changes, and refinements.
