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

Kiwi Partners
Jul 22
2 min read

Updated: Jul 23

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.

Co-pilot Subledger Reconciliation Assistant- Early Adopter
General Ledger & Consolidation
Cash Management
Accounts Receivable
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.

What It Means for Nonprofits:

Reduced Audit Risk & Faster Close: Automating AP/AR-to-GL reconciliations minimizes human error and speeds up month-end close—critical for grant reporting and audit readiness.

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.

What It Means for Nonprofits:

Better Inter-Entity Transparency: For nonprofits managing affiliates, chapters, or fund designations across entities, this dimension enables better visibility and accountability for internal transactions.
Streamlined Consolidated Reporting: Improves automation of elimination entries—critical for board reporting and 990 consolidation when managing multiple entities or restricted vs. unrestricted funds.

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.

What It Means for Nonprofits:

Improved Reporting Accuracy: Enables correcting miscoded or misallocated credit card charges after reconciliation—key for nonprofits tracking expenses across programs, grants, or restricted funds.

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.

What It Means for Nonprofits:

AR Statement Accuracy Across Entities
- Improved Donor & Grantor Transparency: Multi-entity nonprofits can provide more accurate and entity-specific statements to donors, sponsors, or grantors—enhancing trust and reporting integrity.

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.

What It Means for Nonprofits:

Cleaner UX for Admins: Streamlines system management for finance/admin teams in organizations with many users and varying roles.

Kiwi Partners' experienced team of consultants are experts in implementing and optimizing Sage Intacct for nonprofit organizations. For more information on any of the features above, please contact Lisa, Kate, Elvis or Atish from the Kiwi Partners' Consulting team.