What’s New with Sage Intacct 2021 Release 4

By - January 14, 2022

Sage Intacct 2021 Release 4 is packed with features that will deliver time savings, increase accuracy, and provide improved functionality for your business.

Here are some of the highlights of this release: 

Best-in-class Financials

Payment views with filters

Gain control and visibility with new AR advances list screen and AP approval payment views with filters. The better actions in view and list screens provide transformative capabilities that decrease your preparation time for analysis. Improved insights speed up operational decisions.

Streamline electronic payments

The benefit of flexibility streamlines the set-up of electronic payments for your multi-entity shared structure. Transactions move seamlessly through the process with automation. Your payments automatically send to CIS for enabled bank accounts. Enhancements to the ACH payment process, direct deposit, electronic payment, or online bill pay systems give your business an added reassurance for swift accuracy.

Global tax compliance

Ensure tax compliance with a scalable, end-to-end solution that offers centralized visibility and reporting across entities. New features for UK Reverse Charges will support and appropriate tax submissions for Canada. The feature captures tax effects of all transactions.

Matching rules

Improve your automatic matching process and save time. You can efficiently manage the close process with improved checklists and visibility. Matching rules allows you to create your own rules for automatic processing of your journal entry and credit card transactions. 

Deep Cross-industry Functionality

Not-for profit tax updates

  • Generate restriction release which will sweep the system for qualified expenses to release equivalent revenue.

Inventory quantity availability

  • Flexibility with calculation based on real-time inventory.
  • Calculation visibility of quantity on order or in transit. 

Construction management enhancements

  • Set up document templates, print, and email your change requests.
  • Customize change orders for approval, override, change, and delete.

Journal entry improvements

  • Improved journal entry sync to statistical accounts.

Best-in-class Cloud Platform

Financial report writer

Reach peak performance with the customize and automate features for GL close reports. Understand your report columns through the use of defined names and descriptions which highlight the details that matter. 

Enhanced list user experience

New list capabilities for filtering fields using flexible operators and data type aware filters create a user-friendly experience. Insightful customizations to column selections allow your employees to adjust, resize, reorder, save, drag, and drop.

On-demand training

Move forward with confidence. Sage Intacct has added more online training to their resource center.

Ongoing security and audit trail improvements

With built-in security features, your company experiences the assurance of safe and reliable applications. The Oracle database infrastructure ensures that you can access information 24/7.

Want to learn more about Sage Intacct 2021 Release 4, schedule a call with one of the experts at RSM today

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