Sales and Order Entry
-
Revenue Recognition in Order Entry
Do you find yourself daydreaming about the day you no longer need spreadsheets to track your revenue? Are you finding it more difficult to trust the data due to the massive amounts of revenue you are tracking in a single workbook? Is revenue recognition delaying your monthly close process? Revenue Recognition in Order Entry may be the right solution for you.
-
Are You Maximizing the Value of Your Software? Building an Effective Collections Process
Sending an invoice out of new accounting software is a significant milestone of a successful go-live. The time spent during implementation crafting an invoice template and learning how to batch email invoices to customers has certainly paid dividends in time saved on processes. Now that you’ve gained this efficiency, you wonder if perhaps you could dedicate time to reimagining the collections process. After all, it is crucial that your customers make payments on time. The importance of a steady income stream is never more visible than when satisfying your business’s obligations. Without a steady stream of income, the effects could trickle down according to Fundbox in the following ways:
23% of businesses are not able to hire new employees
23% cannot invest in new equipment
20% can’t spend on marketing
18% hold back on pay increases or bonuses for employeesWhile cash flow is important, the collections process is a delicate balance between collecting on delinquent accounts and not irritating customers.
Let’s take a look at how we might be able to leverage the new (and free) Sage Intacct dunning notice functionality by delicately incorporating it into the collections process.
-
Incorporating Sage Intacct Order Entry for Itemized Billing
Do you scramble to answer customer questions about their billing? Is customer billing being provided to accounting from another application or team within the organization? Sage Intacct’s Order Entry application eliminates the never-ending task of tracking down itemized details about an invoice sent to a customer. Order Entry integrates with Accounts Receivable, enabling you the […]
-
What’s New in Sage Intacct R2 of 2020
Sage Intacct’s Release 2, 2020 (R2) builds on themes for more automated, streamlined, and simplified software use. Our review focuses on enhancements specific to Cash Management, Multi-Entity, Salesforce integration, General Ledger reporting and controls, and Purchasing. Read on to learn what’s new in Intacct R2, 2020.
-
Optimizing the Receivable Process and Reducing Average Days to Pay with Sage Intacct
Arguably one of the best things you can do for your business from an accounting standpoint is to make payments from customers easier and optimize the collections process, especially now. In this post we present options for optimization both within Intacct and through 3rd party marketplace providers.
-
Intacct’s Multi-Book Architecture
Did you know Intacct has a multi-book architecture? In our contract blog you may have caught a glimpse into how the Contracts module takes full advantage of this feature by using separate books for ASC605 and ASC606 to meet the required compliance reporting. However, did you know the application of Intacct’s multi-book architecture has a much wider span? Today, we’ll take a look at applications of this flexible feature in Intacct.
-
CLA’s Sage Intacct Spark #11: Clever Custom List Views
For the finale of the Spark series, our last topic: list views to make your daily end user’s lives easier. Custom list views are available throughout the majority of Intacct, but are often under-utilized. Today, we’ll cover a few creative and practical ways to deploy them in your environment. First: What are They? Custom list […]
-
Sage Intacct: Smart Event API to Populate Transaction Fields From Related Objects
Ever have a pesky field on an object that you just can’t pull onto an invoice or purchasing transaction? You know, because the only merge fields available on invoices are ones that are directly available on the transaction – ugh! Well smart event API calls are here to your rescue. Whether that is a Customer’s VAT ID for tax purposes, the customer’s sales rep, or a custom field – we can make that happen with a Smart Event API call.
-
Renewals With Sage Intacct and Salesforce
Tracking a Customer’s renewal date is key for many businesses. If your business mainly consists of evergreeen contracts, renewals time gives you an opportunity to analyze a client’s contract and make sure it still meets their needs or has an opportunity for an up-sell for new products available. If your contracts expire at the end of a term, it’s key to track renewal date in order to issue renewal quotes and not lose a client. Learn how with a little bit of SalesForce magic and Sage Intacct integration you can automate the tracking of renewal dates!
-
Intacct: Salesforce Max and Reseller Setup
Do you have a situation in which your customers purchase through a reseller? You likely need to bill the reseller but ship to the end customer (especially if tracking tax in Intacct). If you are using the SalesForce Max package to connect your Intacct and SalesForce companies there are two ways you can accomplish this set up. In this post we’ll briefly cover the first method and then do a deep dive into the more complex method. So follow along!