Sage Intacct has rolled out sleigh full of presents just in time for the holiday season!  These new features were automatically installed in your environment on November 8.  This list is not complete, so make sure to check out the complete list, here and see what else has improved for you!

There are a few great new features in Accounts Receivable.  We now have the option to add a running balance column to your custom statement templates!  This is done by using the merge field <<PRENTRY_BALANCE>>. Anyone on our Select or Premier Customer Experience Plans are eligible to have this template updated for you at no extra cost; talk to us about putting this in place for you!

Secondly, we have a Customer Reconciliation report that shows which payments and credits were applied to each invoice! Sage uses match sequences to show the relationship between documents.  Lower case characters indicate a partially paid invoice, and upper-case characters show that the invoice and corresponding payments or credits are fully applied.

This report is also available in Accounts Payable under All > Reports > Vendor reconciliation.

Canadian businesses get some special attention with new formats for preprinted Canadian cheques and an enhanced blank cheque layout.  Order your new CAD cheques form from either of these vendors that are welcoming Sage Intacct customers:

Additionally, Intacct is now supporting tax submissions for the Harmonized Sales Tax by introducing a new setting for tax details.  The tax detail can now specify if the tax filing is Reporting or Not reporting. Detail line items marked as Reporting are included in tax submission calculations, and detail lines marked as Not reporting are excluded. Functionality has also been added to make a redundant tax schedule inactive.

Sage is helping to improve the efficiency and security of payment files that you upload to your bank.  Now there is a NACHA-compliant (unbalanced) payment file for Bank Files as well as ACH files in Cash Management.

One of the most exciting advances comes with AP Automation!  AP Automation is now able to populate tax information for companies that use the Taxes application, leaving you with less manual data entry before posting!  Stay tuned for AP Automation with Purchasing!  Currently still in the early adopter phase, it is getting closer to a release date!

And more good news for AP – a simple configuration change allows automatic notifications to be sent to multiple email addresses!

As always, please contact us to review anything mentioned here, or in the full release notes, in-depth together. Happy Intacct’ing from us here at Net at Work!