Sage Intacct 2022 Release 4 is live as of November 11, 2022. The highlights for RKL clients are summarized below. If you have any questions about new features and how you can take advantage of them, please contact your customer success manager, Lisa Gillett!
Sage Intacct Payroll powered by ADP
For many years, the words “Sage Intacct” and “payroll” have seemed to be incompatible. Like “humble politician” or “upstanding lawyer,” some wondered if it were even possible! Now, with R4, best-in-class cloud financials and payroll are appearing in public for the first time together with the release of Sage Intacct Payroll for ADP! This means that you can:
- Manage the entire payroll process with a flexible system that’s easy to learn and accessible from anywhere.
- Improve payroll speed and accuracy with the leading compliance and integrated time and attendance solution.
- Enjoy seamless, out-of-the-box integration with the Sage Intacct accounting solution and differentiating analytics that includes multi-dimensional core payroll and people data.
Streamlined Lease Accounting
Sage Intacct Lease Accounting is officially released and available for early adopters! It enables a seamless transition to the new ASC-842 lease accounting standards in the US. It streamlines and automates lease accounting processes to ensure compliance, improved accuracy, and better insight into lease obligations.
For clients that manage even a modest number of leases, this module will enable you to save time, minimize errors, and leverage Sage Intacct multi-dimensional reporting and dashboards for a unified user experience.
Automated 1099 E-filing Solution
Available in limited release in R4, Sage Intacct 1099 E-filing powered by TaxBandits fully automates 1099 e-filing, providing confidence that filings are accurate and compliant with the latest tax laws. In addition, it reduces 1099 processing time – freeing your team from tedious, error-prone filing so they can focus on higher-value activities.
This solution will be available to customers on a first-come, first-served basis. Stay tuned for upcoming in-product messaging with next steps to sign up.
Sage Intacct Planning Enhancements
Two of the most commonly requested enhancements to Sage Intacct Planning (SIP), were added to the solution. Grid entry view provides a spreadsheet-type experience for efficient data entry. And including statistical accounts in your planning process enables you to gain even deeper insight into your business.
Note: if you’re still using Excel for budgeting and planning, let’s talk about all sorts of ways you can make your planning process faster, more accurate, and more strategic!
Embedded Training Support
Sage has created a virtual tour guide that provides a welcome tour for new Sage Intacct users. It enables you to more quickly and successfully onboard new employees. The tour includes feature walk-throughs and the chance to learn how to navigate around Sage Intacct and quickly get the help new employees need to efficiently and confidently become an expert.
Compliance Help Center
Sage Intacct revamped the Help Center to outline key compliance areas. Leveraging the experience of global audit experts, Sage Intacct has outlined key compliance areas and provided considerations and guidance to apply to your internal control and reporting procedures. The information will also help you understand audit considerations and configuration options to ensure trusted financial reporting.
For a video overview of all of the new features in R4, click here.