Sage Intacct 2024 Release 3 delivers a refined set of updates focused on usability, efficiency, financial accuracy, and enhanced reporting. While many features apply globally, this release includes several improvements that are especially valuable for UK organisations working across finance, operations, and project environments.
Below is a clear, easy-to-read summary of the most useful updates, organised into seven key areas — with practical examples showing how teams will benefit day-to-day.
Financial Controls & Document Traceability
Trace Original Source Documents in Order Entry & Purchasing
Intacct now lets users trace back to the very first transaction in a workflow. This provides a clearer audit trail and improves reconciliation, especially when orders pass through multiple stages.
For example, a UK distributor can now link a final invoice directly back to the original sales order or purchase request, helping them resolve stock discrepancies faster and avoid back-and-forth between departments.
Stronger Email Delivery with DKIM
Enhanced email delivery is now available to everyone, improving security and reducing the risk of invoices or statements landing in spam. Many organisations that previously dealt with delayed customer payments due to undelivered invoices will find that this greatly improves communication and cash flow.
Cash Management & Bank Reconciliation
More Flexible Bank Transaction Imports
Intacct now supports BAI2 and CAMT.053 file formats for bank transaction imports, giving finance teams greater flexibility depending on their bank provider.
This is particularly useful for UK companies banking with European institutions that commonly use CAMT.053 — reconciling statements becomes simpler and faster.
Faster Reconciliation Workflow
The reconciliation page now defaults to unmatched transactions first. Teams reconciling large volumes of payments can jump straight to the entries that need attention, speeding up month-end preparation.
Platform Improvements & Usage Insights
Usage Insights Dashboard
Admins can now view operational statistics such as user activity, vendor volumes, customer interactions and more. This helps organisations understand how Intacct is being used, identify training needs, and benchmark process performance.
A growing service firm recently used these insights to spot heavy system usage around specific days, which helped them adjust workload planning across the team.
Enhanced User Interface & Updated Labels
List views have been improved for easier filtering, and labels across several modules have been updated to better match the terminology finance teams use daily.
This small change makes a big difference in onboarding new users and reducing confusion across Accounts Receivable, Contracts, Order Entry, and other areas.
Accounts Payable & Accounts Receivable Enhancements
AP Automation Available Across All Regions
AP Automation is now widely available, allowing Intacct to generate draft bills automatically. UK finance teams handling high volumes of supplier invoices will benefit from fewer manual entries and reduced processing time.
Faster & Cleaner Payment Processing
Restricted users can now void their own top-level payments, and payments can be voided directly from the Posted Payments page — no need to navigate multiple registers.
This greatly simplifies corrections, especially when a payment was made in error or needs reallocation.
More Control in AR
Users can now edit discount amounts on invoices without changing the payment terms, giving AR teams more flexibility during settlement negotiations.
Contracts & Revenue Management Enhancements
Bulk Hold and Resume for Schedules
Schedule management becomes much easier with the ability to hold or resume multiple billing, revenue or expense schedules at once. Organisations managing a large contract base — such as software or service providers — can now update groups of contracts efficiently without touching each record individually.
Contract Dimension for Order Entry & Revenue Reporting
Order Entry transactions can now be tagged with a contract dimension, strengthening reporting links between sales and revenue. For example, project-based organisations can now track revenue by contract more accurately, reducing manual reclassifications during month-end.
Fixed Assets, Inventory & Operational Improvements
New Fixed Asset Reports
Three new reports — Net Book Value, Assets by Employee, and Assets by Location — make it far easier to understand asset distribution and ownership across the business. Facilities teams, for example, can now quickly identify assets assigned to specific sites.
Offline Asset Imports
Asset imports now run in the background, freeing users to continue working without waiting for the process to complete — useful for teams migrating asset registers or processing large acquisition batches.
Better Inventory Visibility
Enhanced utilities highlight unmatched quantity or value transactions and show transaction date history. This helps warehouse and finance teams resolve stock discrepancies and maintain accurate levels.
Reporting, Automation & Development Tools
New & Improved ICRW / IVE Reports
ICRW now includes new reporting areas for Construction, PO, and Order Entry. These help teams build more detailed custom reports without exporting data externally.
Joint Payee Support in Construction Reports
Construction businesses can now include joint payee information in CRW reports, improving payment clarity for projects involving multi-party billing.
REST API Enhancements & Smart Event Logging
REST API is now widely available in open beta, giving developers a more modern integration framework. Smart event logging is also improved, meaning system-driven logic is easier to review without extra packages.
