Sage Intacct 2025 R1 Changes
On February 7th, 2025 Sage Intacct Release Sage Intacct 2025 R1. Here is an overview of the released updates. ETHOSystems will be holding our training on February 6th, 2025 to make sure our clients are prepared. You can register for our event here: https://attendee.gotowebinar.com/register/1665469188899012440
2025 Sage Intacct Release Calendar
Sage Intacct releases updates to its services each quarter. These updates are automatic, require no action on your part, and include significant new features and product enhancements.
| Release |
Release Date |
| Release 1 |
February 7th, 2025 |
| Release 2 |
May 9th, 2025 |
| Release 3 |
August 8th, 2025 |
| Release 4 |
November 7th, 2025 |
Sage Copilot
| Announcing Copilot Close Assistant—Early adopter: Reduce uncertainty related to the close process, wasted time, and unnecessary delays to end-of-period reports and insights. |
AI-powered automation
| AP Automation with Purchasing—General availability: This release, Purchasing automation is available to all companies. An add-on to AP Automation, this feature automates draft transactions for incoming vendor invoices and matches them to purchase orders or receiving documents. |
| Automated matching for inbound vendor invoices to existing purchase documents—Early adopter: AP Automation with Purchasing is opening an early adopter program to support standalone vendor invoices. |
| List of automated transactions: View all your automated transactions from AP Automation in a dedicated automated transactions list. |
Company and Administration
| Authenticate and validate your custom email domain: Your email communications are secure and reliable when you authenticate and validate your custom email domain. |
| Instance Setup Wizard enhancements: We updated the setup wizard to allow for a smoother experience creating companies. |
| Improved functionality for clearing company data: The clear company data process now runs as an offline job and we’ve improved error handling. |
| Permission changes: Review changes in permission menus. |
Accounts Payable
| AP Automation with Purchasing—General availability: This release, Purchasing automation is available to all companies. An add-on to AP Automation, this feature automates draft transactions for incoming vendor invoices and matches them to purchase orders or receiving documents. |
| New bill approval rule: Assign a specific approver to each vendor with vendor-based approval. |
| List of automated transactions: View all your automated transactions from AP Automation in a dedicated automated transactions list. |
| Vendor visibility user interface changes: Learn about small changes to the user interface and workflow around vendor restrictions. |
Accounts Receivable
| AR statement enhancements: Include custom field data in statements and process larger statement runs with more ease. |
| Receive a payment is retiring soon: Get ready to transition to Receive payments in 2025 Release 2. |
| Customer visibility user interface changes: Learn about small changes to the user interface and workflow around customer restrictions. |
Cash Management
| Funds transfer—Early adopter: Make 3-way currency funds transfers when you join the Early adopter program. |
| NACHA payment files: You can now generate NACHA-compliant ACH payment files in Sage Intacct. |
| Bank transaction assistant: Draft payments that you receive but are not ready to post. |
| Print Canadian checks in French: Print on blank or preprinted check stock. |
| Canadian bank file payments: You can now pay vendors and employees electronically with new Canadian bank file formats. |
Consolidation
| Affiliate entity dimension—Early adopter: Use the new affiliate entity dimension to track inter-entity activity, enabling enhanced reporting and automated inter-entity eliminations for Consolidation subscriptions. Now available to early adopters with a Consolidation subscription. |
Construction
Add custom fields to compliance types: Custom fields appear on the compliance records generated from associated compliance types. |
| Make time and materials billing seamless: View and create reports with dimensions from expenses, customize the summary billing grid, and download attachments for expenses from an invoice. |
| Simplify construction payroll—Coming soon! Easily access payroll setup information for employees and projects. |
| Enter secondary vendors on your primary documents: The secondary vendors now appear on the Joint payees tab in Account Payable bills so you can pay these secondary vendors as joint payees. |
| Track Construction project contracts assigned to a project: Track project contracts and project contract lines from the Project contracts tab on the Project information page. |
| Enhancements in work in progress (WIP) management: New fields give you more information about your WIP projects, and you can now specify different offset accounts for overbilling and underbilling. |
| Updated database fields for WIP management: We updated the names of some database fields to make them more meaningful. |
Fixed Assets Management
| Transfer assets within a location: Easily move assets between departments, projects, or other dimensions. Each transfer automatically generates GL journal entries to ensure accurate records and is logged in the asset’s Transfer History. |
General Ledger
| Prevent direct posts to specified journals: Eliminate a primary cause of discrepancies between subledgers and the Trial balance report. You can prevent direct posts on a journal-by-journal basis. |
| Regularization account reclassification for regional reporting compliance: Ensure regional reporting compliance by configuring balance sheet accounts to be automatically classified as assets or liabilities depending on their balance. |
Healthcare
| Clinical eProcurement streamlines purchasing for healthcare organizations: Save time using vendor punchout catalogs seamlessly connected to Sage Intacct Purchasing. |
Inventory Control
| Automatic updates ensure inventory valuation accuracy: Easier configuration for new subscribers keeps inventory costs up-to-date. |
| Get end-to-end supplies item management with Sage Intacct Supplies Inventory: Conveniently manage your supplies inventory workflow requests, approvals, and purchases. |
| More flexibility during transaction processing: New security settings offer restricted users added control of their draft inventory transactions. |
Lending Management
| Lending Management—Early adopter: Lenders can now manage loans from from origination to payoff including client billing, statements, and more. Includes full subledger tracking and reporting to ensure real time portfolio insight and audit readiness. |
Order Entry
| View dimensions in subtotals: Dimension distributions can now display across subtotal line items in entity-level sales transactions. |
| More flexibility during transaction processing: Modified security settings offer restricted users added control of their draft sales transactions. |
| Automate revenue management even when billing using a different application: Integrate your third-party billing with Sage Intacct’s Revenue Management. Accurately process, defer, and recognize revenue from external invoices while ensuring compliance and streamlined reporting. |
Payroll
| Simplify construction payroll—Coming soon! Easily access payroll setup information for employees and projects. |
Platform and Customization Services
| Enable the Platform translation tool: Use Company settings to enable a tool that provides simple translation options for your applications. |
| Improved Platform Trigger Creation for POST Requests—Early adopter: Use the webhook delivery option to simplify HTTP post requests in Triggers. |
Projects & Grants
| A new look for projects and grants: Streamlined project and grant records now provide faster, focused insight on billings and resource price information. |
| One-click downloads: Easily assemble project and grant attachments to share with customers or grant funding sources. |
| View complete project billing information: View project invoices, retainage release invoices, and payments from the Project invoices tab on the Project information page. |
Purchasing
| AP Automation with Purchasing—General availability: This release, Purchasing automation is available to all companies. An add-on to AP Automation, this feature automates draft transactions for incoming vendor invoices and matches them to purchase orders or receiving documents. |
| More flexibility for approvals: Share the workload with the ability to extend who can act as a delegate for approval requests when you’re away from the office. |
| View dimensions in subtotals: Dimension distributions can now display across subtotal line items in entity-level purchase transactions. |
| Edit tax information in Purchasing draft transactions: To support Purchasing automation, you can now create draft Purchasing transactions without entering tax solution information. You can update the draft later to enter a tax solution, tax schedules, and tax details. |
| More flexibility during transaction processing: Modified security settings offer restricted users added control of their draft purchase transactions. |
Reporting – Financial
| Variance analysis reports added to all QuickStart templates: For companies created using a QuickStart template, the Variance analysis reports help you analyze your budget performance by department or location. |
Revenue Management
| Automate revenue management even when billing through other applications: Integrate your third-party billing with Sage Intacct’s Revenue Management. Accurately process, defer, and recognize revenue from those invoices while ensuring compliance and streamlined reporting. |
Taxes
| Tax submission for custom tax solutions—Generally available: Our new tax submission workflow streamlines the tax filing process for any company using a custom tax solution. |
| Support for term discounts for taxes—Early adopter: Customers using a standard or custom tax solution in the Taxes application can capture taxes on term discounts in their Accounts Receivable and Order Entry transactions. |
| Create customized tax reports—Early adopter: Define tax report boxes, add those defined boxes to a tax report template, and run a tax report from that template to calculate your tax burden for a defined period. |
Time and Expenses
| Create and apply clear pricing structures—Sage Intelligent Time: Use rate cards to apply standard billing rates for employees, tasks, projects, and grants. |
| Automated receipt submission for multi-currency companies: Streamline your expense reporting process by emailing your receipts directly to Sage Intacct from any device. This feature leverages artificial intelligence (AI) to assist in coding your receipts, making the entire process more efficient and accurate. Coming in December! |
User Experience
| Lists enhancements—Generally available: Personalize your list views, leverage advanced filters, manage list and record details side-by-side, and so much more. Try it! |
| Updated user interface changes: We updated labels in Accounts Payable, Accounts Receivable, Cash Management, Company, Consoles, Fixed Assets Management, Inventory Control, Order Entry, Projects, Purchasing, and WIP Management. |
Training and Videos
| New training and videos: We added new training courses and videos to help you get the most out of Sage Intacct. |
Be sure to register for the ETHOSystems webinar training to get insight into the latest features and, in particular, what’s changing for Construction companies using Sage Intacct Construction!
Webinar Details:
- Date and Time: Feb 6th, 2025, at 11:00 a.m. Central Time
- Purpose: Overview and demonstration of the new features in the R1 release with a specific focus on the Construction updates
- Sign Up: Register for the webinar here >>>
Stay updated with the latest features and improvements – register today!
Not working in Sage Intacct Construction and Real Estate yet? Find out more about this modern, cloud-based construction and property management solution and talk to one of our specialists HERE >>>
