Sage Intacct 2025 Release 2 - What’s New & Notable for Nonprofits

Kiwi Partners
23 hours ago
2 min read

Kiwi Partners' Consulting team has reviewed the recent Sage Intacct release of product updates and have highlighted a few new features below that will be the most beneficial to nonprofit organizations.

1. General Ledger & Consolidation

2. Cash Management

3. Accounts Receivable

4. Expenses Module Enhancements

Copilot Subledger Reconciliation Assistant - Early Adopter

Automatically Updated

Use Subledger Reconciliation Assistant to streamline the reconciliation of Accounts Payable and Accounts Receivable with General Ledger.

Automation: Automate time-consuming reconciliation tasks, allowing finance teams to focus on strategic priorities rather than manual reconciliations.
Variance visibility: Quickly identify entities with discrepancies at a glance.
Drill-down insights: Drill into variances for detailed transaction-level visibility.

General Ledger & Consolidation

Automatically Updated

Affiliate Entity Dimension (General Availability): A new standard dimension called "affiliate entity" is now available for organizations with a Consolidation subscription. This feature enhances inter-entity activity tracking, enabling more granular reporting and automated eliminations.

Cash Management

Automatically Updated

Improved Credit Card Transaction Import: The Bank Transaction Assistant now supports importing credit card transactions for reconciliation, offering a more streamlined experience.
Reclassify GL Accounts for Credit Card Transactions: Users can now update the General Ledger account associated with paid, partially paid, and reconciled credit card transactions, providing greater flexibility in financial reporting. intacct.com

Accounts Receivable

Automatically Updated

Customer Refund Enhancements (Early Adopter): An upcoming feature will allow users to record customer refunds directly, streamlining the refund process and eliminating the need for manual balancing adjustments. This enhancement aims to improve reporting accuracy and provide a comprehensive refund audit trail. cpio.co.uk
AR Statements Improvements: External credits applied from other entities will now appear in entity-level AR statements, ensuring that AR statement balances accurately reflect the AR Ledger and Aging reports.

Expense Module Enhancements

Automatically Updated

Separation of Time and Expenses Modules

Previously combined, the Time and Expenses functionalities have now been split into two distinct modules. This separation enhances navigation and allows for more granular permission settings, improving user experience and administrative control.

Note: All images and release information courtesy of Sage Intacct.

For more information on any of the features above, please contact Lisa, Kate, Elvis or Atish from the Kiwi Partners' Consulting team.