Sage Intacct Review
November 13, 2019
Sage Intacct Review
Score 10 out of 10
Vetted Review
Verified User
Overall Satisfaction with Sage Intacct
Sage Intacct is being used across the entire organization. It is used to do the day to day accounting, run financial statements, dashboards, graphs, and tracking program budgets. It makes budget tracking easier for the program staff. We use Accounts Payable for our US and Canadian locations. Sometimes a US expense is paid in CAD currency and vice versa. Accounts payable has transaction and base currency. So, the expenses is paid in transaction currency and booked in base currency in the correct location.
- Budget vs actual reports can be run by dept. managers in real time. They can also drill down to see the detailed general ledger of the expense account. In the past, they used to come to the accounting dept. to run the detailed for them.
- Dashboards - Are used by board and management to see the financial and statistical data.
- Multi-currency - This helps the Canadian office to track their expenses in CAD currency.
- Allocations - They were done manually in the old system. With Sage Intacct, after entering the rates, the allocation journal entry is posted automatically.
- Journal entries- Account numbers can be changed with a click of a button. no need to make correcting journal entries.
- Cannot run GL reports by journal type.
- Custom reporting is a little difficult.
- Saved time by automating manual processes.
Sage Intacct Feature Ratings
Not-For-Profit Usage
- Can prepare reports for the new disclosures requirements.
- Financial statements comply with nonprofit standards.
- Ability to correct account numbers in journal entries.
- Expensify
- Bill.com