What’s New in Sage Intacct’s 2022 R4 and 2023 R1?
One of the major benefits to a cloud accounting software like Sage Intacct are its quarterly releases. In this post we’ll highlight exciting enhancements released in Release 4 (R4) on November 11th, 2022, and Release 1 (R1) on February 17th, 2023.
AP Automation
Through September 30th, 2023, Intacct has announced the free general availability of its AP automation add-on. How does it work?
Upload Option:
Once Bill Upload is configured in AP, you’ll see a new Upload button in the AP Bill list screen. From there, you can choose the entity that you are uploading the bill for, choose whether to create a single or multiple line bill, drag and drop your AP Bill PDF, JPG, JPEG, TIFF, or PNG file and have Intacct automatically draft the bill for you.
Here’s a sneak peak at what that process looks like.
Email Option
Once an AP inbox is established (separate email address per entity), you can send an email with vendor invoice attached and have Sage Intacct automatically draft the bill for you.
A few notes:
- The first time you upload a document, you will be required to populate the Vendor, Expense Accounts, and Dimension coding.
- The next time you receive the same bill from this Vendor, Intacct will have learned the correct coding of Vendor, Expense Accounts, and Dimension coding and auto-populate this for you.
- If after testing this functionality you decide you would prefer not to continue using it, you can always stop using the bill upload and Intacct will not charge for the service.
(Beta) List View Enhancements
You may have seen a button to turn on enhanced list views in your Vendor List. This is something you can toggle on or off at any time (note: switching on or off does take a few seconds to load). So if you have a few minutes to spare, it might be worth trying. Eventually these advanced list views will be rolled out to other areas of Sage Intacct as well. Some of the things you can do in the new list view:
- Drag and drop to reorder columns
- Easily filter on a column within the view
- Switch to a side-by-side view of your Vendor Record and the list itself (less clicks!)
A brief video of the new list views:
New Audit Log Reports
With 2022 R4, Intacct added two new audit history reports to its audit log:
- Audit History by Object Data Area Report
- Audit History by User Report
You can install them now from the Customization or Platform Services Packages Library.
In the report below I can easily view Vendor ACH information that has been updated:
What’s Next?
If you haven’t yet subscribed to our monthly Sage Intacct Webinar series for 2023, it’s not too late! Subscribe to the full series, then watch our complimentary webinar on March 28th where we covered more new release news.
Kathy Jastrzebski is a manager with CLA’s Intacct team. CLA is an Intacct Premier Partner with a partnership that spans over 20 years and more than 1,000 successful implementations. Kathy brings five years of accounting experience along with seven years of Sage Intacct implementation experience. Along with her accounting experience, she has a passion for leveraging technology to lead finance teams worldwide through system implementations with a mission of increasing department efficiency through business process improvements.