The general ledger is the heart of your financial system, and Sage Intacct comes with the most innovative and flexible architecture on the market today.

Built for maximum visibility, scalability, and flexibility

Effortlessly support your company’s unbounded growth—from inception to the IPO and beyond—and gain deep, real-time visibility into every corner of your organisation. Now you can easily handle your entire accounting and financial management process, including automated revenue recognition, global consolidations, project accounting, and much more.

 

Key benefits

Leverage unique multi-dimensional visibility

The revolutionary Sage Intacct general ledger design enables you to use dimension values—instead of old-fashioned account segments—to capture the business context of your transactions, operational measures, and budgets. It’s how you can easily track performance by customer, project, fund, or any other business driver, while simultaneously simplifying your chart of accounts.

Scale easily with multi-entity management

Easily manage the financials for multiple entities across domestic and global locations. Centralise inter-entity relationship setup, automate currency conversions, produce consolidated financials at the push of a button, and get consolidated reports without waiting for month-end.

See it all with multi-book functionality

Track your performance by multiple accounting standards all in a single system. You can view performance on U.S. GAAP, IFRS, and cash bases—side by side for better visibility—as well as easily report on tax, country, or industry-specific bases.

Close efficiently with a multi-ledger architecture

Close your sub-ledgers all at once or independently, in stages, for a more efficient period end. You can continue to operate “business as usual” during the close period by closing one ledger while others are still processing transactions.

 

Key features

Modern architecture Multi-ledger architecture

Manage the close process with sub-ledgers you can close independently.

Real-time posting

Get up-to-date visibility with transactions that post in real time to both the sub-ledgers and general ledger.

Streamlined chart of accounts

Use general ledger dimensions to reduce the number of accounts you manage while retaining visibility as your business changes.

Multi-entity architecture

Grow into any business structure with a general ledger that provides both visibility and flexibility for managing domestic and global entities.

Transaction definitions

Visually configure business process document workflows to control how transactions post to the accounts you specify.

Multidimensional general ledger
Pre-built dimensions

Capture and store the business context for every transaction, budget, and measure in the general ledger with prebuilt dimensions for project, customer, location, department, vendor, item, employee, and class.

User-defined dimensions

Capture and store additional business context for each transaction, budget, and measure with user defined dimensions. Required dimension values Ensure data quality by making dimension values mandatory for transactions that post to specified accounts.

Auto-populated dimension values

Simplify data entry and improve accuracy by auto populating values for specified dimensions based on values of other dimensions.

Multi-book general ledger
Multiple pre-defined books

Set up Sage Intacct General Ledger as cash, accrual, or both; every transaction automatically posts to the correct book enabling, for instance, accrual-based firms to more clearly see the impact of cash transactions.

User-defined books

Create additional books that support reporting by different standards—from IFRS and local GAAP to industry-specific ones.

Side-by-side multi-book reporting

Create reports that span books to show comparative performance by different bases.

Flexible reporting
Account groups

Combine accounts to define account groups that meet your specific reporting requirements.

Budget accounts

Store budgets to enable granular budget vs. actual reporting.

Statistical accounts

Store non-financial data to capture and report on operational metrics and ratios.

Journal entry management
Flexible journal entry approvals

Specify journals that require approvals in a specified sequence from named approvers, and keep approvals timely with automated email notification.

Journal entry import

Quickly populate beginning account balances, journal entries, and budgets by importing data from spreadsheets and other applications.

Journal entry templates

Define templates enabling non-accounting users to enter general ledger transactions without having to deal with the intricacies of account numbers, departments, and locations.

Take the next step

Find out how the Sage Intacct cloud financial management solution streamlines operations.

As an accredited and awarded Sage Intacct reseller, we view our clients’ success as our own and are dedicated to helping them find their way forward. Offering ongoing support, training, and resources ensures that our clients maximise the benefits of Sage Intacct and stay abreast of the ever-evolving business landscape.

Having implemented Sage Intacct for many businesses in ANZ across diverse industries, our experience spans areas such as Software and SaaS, Family Offices, Non-profit Organisations, Financial Services, NDIS and Human Services and many other industries.

Email us at Akuna Solutions for a free consultation and explore with a Sage Intacct implementation specialist how to leverage modern technology available today to future-proof your business operations.

 

Image source: Photo by Centre for Ageing Better on Unsplash