We are excited to introduce some highlights of the Sage Intacct 2024 R3 release. This update brings powerful new features, including Usage Insights, a new tool with pre-built dashboards to gain insights to different aspects of your company, automatic fiscal year rollover for document sequences, and the ability to unapply credits in posted payments. Additionally, you can void payments from the posted payments page, discounts can now be customized in the receive payments page. Unmatched transactions are easily viewable during reconciliation, and multiple document conversion into a single purchasing/sales transactions is now possible.

The highlights of 2024 R3 include

• Usage insights: You can also go beyond basic reporting. Usage insights delivers deep dives into key areas like transaction volume, usage patterns, access and permissions, and more. This information empowers you to take proactive steps with your business.
• Fiscal Year Rollover for document sequences: Fiscal year rollover for document numbering sequences eliminates the need to create new sequences at the beginning of each fiscal year. Intacct automatically updates the fiscal year in the sequence so that it rolls over to the next year. This feature is now available for General Ledger journals.
• Unapply credits in Posted payments: Credit entries, which previously did not appear in Posted payments, now show as a separate line item with an amount of 0. An Unapply link appears next to credit entries only The Posted payment detail page now includes a new Credits applied tab that shows information about all credits included in a payment. Select the Credit no. to drill down further..
• Void a payment from the Posted payments page: Previously, the method you used to void a payment depended on the payment method. That might require voiding the payment from the Check, Bank, or Credit card register report, or from Manual payments. Now, the Void link is conveniently available on the Posted payments page, where you typically view the completed payments. No Cash management permissions are required to void the payment.
• Customize the discount when receiving payment: Previously, when customer remittance did not match the terms, you needed to create a debit or credit memo adjustment to compensate for the discrepancy. Now, you can dynamically adjust the discount as you receive payment.
• View all unmatched transactions immediately during reconciliation: The default view on the Reconcile account pages! When you open the Reconcile bank account page or the Reconcile credit card account page, the Transaction type filter now defaults to All, revealing all your unmatched transactions for easy viewing and management. Previously, the default filter only showed unmatched checks and debits..
• Bank transaction assistant file import enhancements: In addition to the CSV and QIF file formats that are supported in the classic import process, we now support XLS, XLSX, OFX, BAI2 and CAMT.053 files. To ensure a smooth import process, make sure that your file is formatted correctly.
• Ability to convert multiple documents into a single Purchasing transaction: You can convert multiple documents, including lines of documents, into a single Purchasing transaction so that you can create a transaction to pay a vendor in one payment.