Sage Intacct 2024 R1 delivers targeted improvements across financial controls, automation, reporting and system usability. Below is a streamlined breakdown of the update, organised into seven core areas so UK finance teams can quickly understand what has changed and how it helps in practice.
Company & Administration Enhancements
More Control Over Permissions
New and updated permissions across Contracts, Custom Report Writer, Order Entry, Projects and Time & Expenses give organisations tighter control over user access. Teams that previously relied on broad permissions can now restrict sensitive actions more accurately.
Improved User Access & Security
A secondary user email and a self-service account recovery process reduce reliance on administrators. This has already helped teams resolve lockouts during busy periods without needing IT intervention.
Reconciliation Flexibility
Alpha sequences for automated matching provide more options during reconciliations, improving accuracy for finance teams dealing with high transaction volumes.
API Usage Dashboard for Consoles
Admins can now view API usage across all companies from one area, making it easier for multi-entity groups to monitor integration activity.
Accounts Payable Improvements
AI-Assisted Coding
AI-driven GL and dimension coding reduces manual entry errors. Organisations processing large batches of invoices see more consistent coding and fewer rework cycles.
Cleaner Contact Selection
Teams can limit available contacts in the “Pay to” and “Return to” fields, helping avoid incorrect selections during data entry.
Smarter Notifications
Bill submitters are automatically notified when approvals are completed, reducing back-and-forth between departments and helping invoices progress faster.
AP Automation Reporting Enhancements
Usage details can now be exported more easily, supporting internal reviews and audit processes.
Accounts Receivable Enhancements
Streamlined Contact Management
Contact lists in the “Bill to” and “Ship to” fields can be restricted to simplify and improve invoice accuracy.
Reversal Controls
Restricted users can no longer reverse invoices that meet certain criteria, helping protect the integrity of financial data.
Cash Management & General Ledger Updates
Improved Bank Feed Timing
Bank feed transactions can now be dated according to a bank account’s time zone, improving reconciliation accuracy.
Reconciliation Match Reporting
Enhanced match sequence reporting helps finance teams identify how transactions were matched, improving audit visibility.
Simplified GL Setup
Closing accounts automatically applies the correct period-end type, reducing setup time and preventing configuration mistakes.
Import Templates Built In
Users can download import templates directly from import pages, making migrations and bulk uploads easier.
Consolidation & Contract Management
New Consolidation Reports
Advanced Ownership Consolidation now includes a detailed custom report, giving clearer visibility of consolidation entries for complex groups.
Flexible Revaluation & Translation Editing
Summary-format revaluation reports provide quick insights, and users can now edit accounts and translation tables even after consolidation — helpful when corrections are needed.
Better Drill-Down Traceability
Users can drill into domestic accrual source transactions directly from the GL report, improving audit trails.
Contract Management Enhancements
New permissions for cancelling/uncancelling contracts and CSV-importable MEA price lists reduce administrative effort. Expanded support for kit billing gives organisations more flexibility when managing bundled services or products.
Inventory, Platform & Purchasing Enhancements
Inventory Utilities for Troubleshooting
New utilities help teams understand how transaction definitions impact reports and assist with landed cost troubleshooting.
Inventory Valuation Report Options
Value-only transactions can now be included or excluded from summaries for cleaner reporting.
Platform Improvements
API usage dashboards now support consoles.
Custom help options let organisations guide their users more effectively.
Updated platform tutorials help teams build their own applications.
Purchasing Approval Notifications
Submitters of purchasing transactions now receive approval updates, improving communication between procurement and finance teams.
Reporting, Time & Interface Enhancements
New Custom Report Writer Areas
CRW now supports bank reconciliation match reporting and consolidation-entry analysis, helping teams produce more detailed audit and financial reports.
Financial Report Version History
Users can restore earlier versions of reports, especially useful for month-end reporting packs that undergo frequent changes.
Smarter Report Scheduling
Improvements prevent performance issues caused by overlapping schedules.
Time & Expenses Enhancements
Teams benefit from new bank-detail permissions, currency filtering for payments, and improved Sage Intelligent Time usability—including smarter entry and timesheet printing.
User Interface Improvements
Enhanced list navigation and updated labels across multiple modules make everyday tasks clearer and more intuitive for new and experienced users.
