Track 1 – Sage Intacct

Tuesday May 6
9:45 – 10:45 AM Management Reporting
10:45 – 11:00 BREAK
11:00 – 12:00 Fixed Assets*
1:40 – 2:40 Bank Feeds and Maximizing Bank Rules
2:50 – 3:50 Importing for Sage Intacct
3:50 – 4:05 BREAK
4:05 – 5:05 Dynamic Allocations*

Wednesday May 7
9:15 – 10:15 Revenue Recognition Process
10:25 – 11:25 What’s New – A Recap of Quarterly Releases*
11:35 – 12:35 Grants Tracking and Billing*

*This session is repeated in Track 5 – Greatest Hits

Session Descriptions

Management Reporting – In this session, you’ll learn how to leverage Sage Intacct’s reporting and dashboard functionality to optimize reporting for management and leadership. Attendees should have a basic to intermediate understanding of Sage Intacct reporting prior to joining. We’ll explore ways to create and customize reports and dashboards that deliver relevant, actionable data in real time, empowering you to make informed decisions that drive organizational success. This session is essential for anyone looking to maximize their ERP system’s reporting capabilities to support effective decision-making.

Fixed Assets – In this session, we will explore the Fixed Assets functionality in Sage Intacct, covering both the Sage Intacct Fixed Assets (SFAM) and the Sage Intacct General Ledger (SIG) modules. This session is designed for all knowledge levels—whether you’re currently using SIG, or you don’t have either module but are considering implementation. You’ll learn the core features of each module, including the components that drive depreciation, how to create asset records (with AP integration), post depreciation, and manage construction in progress (CIP). We’ll also highlight the key differences between the modules, helping you determine which is best suited for your needs. This session is ideal for those evaluating a switch from SIG to SFAM, as well as new hires or anyone needing a refresher on asset management and depreciation processes.

Bank Feeds and Maximizing Bank Rules – In this session, you’ll learn how to connect bank and credit card accounts to Sage Intacct Cash Management to streamline your month-end reconciliation process. Before attending, you should be familiar with Sage Intacct Cash Management, Bank Reconciliation, Accounts Payable, and Accounts Receivable. We’ll cover how to set up bank feeds and maximize the use of bank rules, improving accuracy and significantly reducing the time spent on reconciliations and month-end close. By the end of the session, you’ll have the tools to simplify and speed up your financial processes.

Importing for Sage Intacct – In this session, we’ll guide you through the process of importing master records and transactional data into Sage Intacct, a key skill for streamlining data management. Attendees should have a basic understanding of Sage Intacct navigation prior to joining. You will learn how to efficiently import data, saving time and reducing the risk of manual entry errors. By the end of the session, you’ll be equipped with the knowledge to simplify data entry and improve accuracy in your financial system.

Dynamic Allocations – In this session, we’ll explore how Dynamic Account Allocations in Sage Intacct automatically pull source balances and distribute them across dimensions, using the “basis” calculation method. You’ll learn how to create an allocation template, allowing for recurring allocations without redoing the calculations each time. Attendees should have a foundational understanding of the difference between transaction and dynamic allocations—transaction allocations occur during entry, while dynamic allocations are generated post-entry, distributing amounts from a pool. By the end, you’ll discover various use cases and understand how dynamic allocations can save time and resources compared to manual processes.

Revenue Recognition Process – In this session, we will provide a high-level demonstration of the revenue recognition process in Sage Intacct. Attendees should be familiar with setting up revenue recognition within Accounts Receivable, Order Entry, or the Project Billing module. You’ll learn the basics of revenue recognition, including how to use different revenue recognition methods and navigate revenue recognition schedules. This process is crucial for deferring income and properly amortizing revenue over time as services or goods are delivered, helping ensure accurate financial reporting and compliance with accounting standards.

What’s New – A Recap of Quarterly Releases – In this session, we’ll explore the latest features and enhancements from the quarterly releases of Sage Intacct software updates. Attendees should have a basic understanding of Sage Intacct’s core functionality before joining. You’ll learn about new tools, improvements, and updates that can help streamline your workflows, enhance reporting capabilities, and improve overall system performance. Staying up-to-date with these releases is essential for maximizing the efficiency and effectiveness of your Sage Intacct system, ensuring you take full advantage of the latest innovations to support your organization’s needs.

Grants Tracking and Billing – In this session, we will cover how to effectively track and bill grants in Sage Intacct. No prior experience with grant tracking in Sage Intacct is required, but attendees should be familiar with basic accounting and billing processes. You will learn how to set up grants, track grant-related expenses, and manage billing and reporting requirements. This session is crucial for organizations looking to streamline grant management, improve compliance, and ensure accurate financial tracking for grant-funded projects, helping you maximize funding and maintain strong relationships with grant providers.