Stephen Little, Sage Intacct Lead Consultant for Percipient, gives us his overview of what you can expect from the latest software update R4 2022.
What’s new in the latest release?
Bank file payments
Bank file payments now support AP advances and the SEPA file format.
AP advances now support bank fils as a payment method when your bank account currency is AUD, EUR, GBP, or ZAR, and you can now make bank file payments with the SEPA file format to pay suppliers located in Ireland and France.
Introducing Sage Intacct lease accounting – early adopter
Sage Intacct Lease Accounting is a new application. It allows lessees to manage their financial and operating leases to comply with the latest US GAAP or IFRS standards.
Audit history reports
Easy access to information about changes to your system is a critical component of compliance. With this release, you can access two Audit History reports for use with internal and external audits. These Audit History reports provide details for the changes made to your records and transactions in Sage Intacct, including who made the change and when the change occurred.
Compliance made easier – this idea came from Sage Intacct users
Find information in the Help Centre to better understand audit considerations and how to align configurations accordingly for trusted financial reporting.
These highlights are only a few of the many new features and enhancements that have come to Sage Intacct in the latest release. If you are a current Sage Intacct customer and want to learn more, you can read the full release notes and watch the highlights video for R4 2022 here.