Sage Intacct Fundamentals

Learn to navigate the Sage Intacct home page, switch entities, personalize preferences, and use applications and favorites, while exploring setup versus transactions and the reporting tools.

Explore the Sage Intacct help center to access video tutorials, view four updates a year, and learn new accounts payable and budgets features via the search.

Learn to customize Sage Intacct personal preferences, including user details, inactivity and session timeouts, email notifications and signatures, start page and dashboards, and navigation settings to tailor your experience.

Explore the company settings in Sage Intacct, including security timeouts, password resets, and the accounting basics like fiscal calendar and accounting method, plus Excel data import and customizable terminology.

Create unique serialized numbers with document sequences for customers, invoices, vendors, and journal entries, while managing attachments and cloud storage, and scheduling reports to cloud folders in Sage Intacct.

Learn to create and manage general ledger accounts and journal entries in Sage Intacct, handle opening and closing books, and use dimensions to tag accounts and run standard ledger reports.

Create a general journal entry for a rent payment, debit cash and credit rent expense, add optional dimensions, then post to the general ledger or save as draft.

Create and reuse memorize journal entries to store journal data without posting to the general ledger, then post when needed. Duplicate existing journal entries to speed up recurring workflows.

Set up recurring journal entries in Sage Intacct with a start date, end date, and monthly posting in the general ledger. Attach supporting documents and specify location for multi-entity environments.

Track non-financial data with statistical accounts and journal entries; create a statistical journal, view transactions, and log entries by selecting the statistical account.

Close the books for the calendar year ended December 2022 by selecting the entity, then open the books by choosing the entity and period.

Open and use adjusting journal entries in a closed period, create or select the adjusting journal, enter a transaction dated April 4, 2022, specify location, and submit (auto reverse optional).

Create and apply transaction allocations in Sage Intacct to split expenses by percentage across departments and locations, and apply them via a general journal entry.

Explore Sage Intacct's standard general ledger reports, including the General Ledger and trial balance, using date ranges, periods, and account filters to view balances and transactions.

Explore the Sage Intacct cash management module, focusing on checking accounts, reconciliations, deposits and withdrawals, payments, fund transfers, and related cash reports.

Enable ACH payments in the checking account bank file tab and for the vendor under accounts payable; Sage Intacct generates and downloads an ACH file for your bank to process.

Learn to create funds transfers between checking accounts in the cash management module by selecting from and to accounts, date, and amount, and saving the transfer.

Create a manual payment in Sage Intacct by choosing a payment method (check, cash, credit card, or record transfer), entering bank, vendor, amount, and relevant details.

Learn to record other receipts in Sage Intacct, handling immediate cash inflows not tied to invoices, enter payer details, deposit to bank account, and post to a revenue general ledger.

Reconcile checking and credit card accounts in Sage Intacct by entering the statement ending date and balance, selecting the account, and matching transactions until balances align.

Learn to create and manage credit cards in Sage Intacct cash management, including required ID and expiration date, general ledger offsets, credit card transactions, and payoffs.

Learn how Sage Intacct uses an undeposited funds account to collect payments for future deposit, includes normal and manual deposits that transfer funds to the bank.

Record manual deposits in Sage Intacct from accounts receivable, entering a customer, date, bank, invoice number, amount, and save to the proper entity and revenue or other income account.

Explore cash management reports in Sage Intacct Fundamentals, including the cash analysis report and cash balances, to track bank cash, vendor payables, customer receivables, and account reconciliation.

Learn to create and manage vendors in the accounts payable application, including vendor details, 1099 eligibility, default terms, and contact lists.

Learn how to create a vendor bill in Sage Intacct, including dates, vendor, bill number, terms, accounts (cost of goods or expense), and posting to accounts payable.

Pay bills in Sage Intacct using the pay button for a single bill or the pay bill section in accounts payable to pay multiple bills.

Learn to pay a vendor by check from accounts payable, including selecting the bank and bill, printing and verifying a check pdf, and posting the payment to the general ledger.

Navigate to reports and registers in Sage Intacct to void checks in accounts payable, including selecting the time period, entering a void date, optional memo, and submitting the void.

Learn how to create and post adjustments in accounts payable, apply vendor credits to outstanding bills, and finalize payments using a selected method in Sage Intacct.

Master recurring bills in sage intacct fundamentals by setting document sequence numbers, creating a bill in accounts payable, and configuring start date, frequency, end date, and vendor invoice sequence numbers.

Learn how to edit a paid bill in Sage Intacct with reclassify for limited changes—date, terms, dimensions, and bill number—while vendor and amount stay fixed; reverse the bill if needed.

Explore accounts payable reports by viewing the bills and checks registers over a chosen period, and run the vendor aging report with filters to see the amounts owed and aging.

Explore Sage Intacct's accounts receivable module by creating three invoices, receiving payments, and posting transactions, with deposit statements and related reports.

Create customers in the accounts receivable module with optional details and a required print ads field, then set default terms and the primary revenue account, and post invoices.

Apply a payment to a customer invoice by selecting apply payment, entering the amount and date, and posting to debit cash and credit accounts receivable.

Learn to create and apply credit memos and debit memos to adjust customer payments in the accounts receivable module and post the adjustment.

Reversing an AR payment requires reversing the payments tied to the invoice, then reversing the invoice; if deposited, reverse the deposit first via Accounts Receivable posted payments.

Explore using undeposited funds in accounts receivable to receive customer payments, create and post invoices, apply payments to undeposited funds, and transfer funds to the bank.

Learn to issue customer statements in Sage Intacct, post a two month old invoice, and use Accounts Receivable to print, email, filter, view, and preview statements.

Generate accounts receivable aging reports by selecting the date (invoice, due, or posting) and viewing data for customers. Use receipts and sales registers to track payments and invoices with filters.

Examine Entergy's financial report writer and dashboards pulling data from account balances. Identify the two main tools: financial report writer and custom report writer, plus the interactive custom report writer.

Access all reports from the Report Center, search by keyword, filter by module, favorite and memorize customized reports, and schedule automatic email delivery.

Navigate the reports module core, covering financial graphs and financial reports. Create custom and new reports using the custom report writers, including balance sheet, profit and loss, and cash flows.

Access account groups via reports, setup, and view how general ledger accounts—liability, equity, and assets—form ready-made groups you can duplicate to create custom balance sheet reports.

Learn to use the Sage Intacct finance report writer to access out-of-the-box reports like the balance sheet and cash flow, duplicate and customize, run via HTML, filter, and export.

Explore the financial report writer to edit and customize reports, organize data with account groups like assets, and tailor columns, time periods, and filters for precise reporting.

Configure scheduling for Sage Intacct reports, choose start date and duration, set monthly recurrences, and select delivery by email or store in cloud.

Explore Sage Intacct fundamentals dashboards: create, customize, and filter dashboards using components and financial reports; apply department, customer, and as of date filters to tailor insights.

Learn admin security by configuring user setup, roles, and permissions, and set up approvals in Sage Intacct, including duplicating roles and applying module permissions with read-only or none options.

Create and manage users in Sage Intacct via the admin tab by adding user IDs, usernames, and contacts, assigning a business user role, and restricting access by entity or department.

Enable journal entry and accounts payable approvals in general ledger, assign Zeta test as the approver, enable delegation, and keep entries in draft until approval.

Enable build approvals, set draft bills, and apply value thresholds with multi-level rules in accounts payable. Link these to role-based permissions for bills and payments, including vendor and payment approvals.