In this video, Todd Parsons discusses year-end preparation and closing processes using Sage Intacct, with a focus on simplifying the fiscal year-end close and 1099 processing. The session covers essential tasks such as closing subledgers, creating fiscal year-end reporting periods, and utilizing AI tools like Sage Copilot for efficient year-end management. Todd also highlights the benefits of using Tax Bandits for e-filing 1099 forms and provides insights on how to effectively manage reporting and checklist tasks to ensure a smooth year-end transition.
- The webinar focuses on year-end preparation for Sage Intacct users, covering topics like fiscal year-end close processes, monthly closes, and 1099 discussions.
- Sage Copilot, an AI tool, is recommended for assisting with year-end preparation, offering a more streamlined and summarized approach compared to traditional help menus.
- Intacct's partnership with Tax Bandits allows for seamless electronic filing of 1099 forms, reducing manual processing.
