03/17/2014
Flow of transactions from different modules
03/17/2014
Access to the Intacct system
05/08/2014
System settings for streamlined data entry
06/11/2015
How to add and reference dimensions
11/29/2016
Trade-offs of Location Dimension Vs An Entity
01/26/2017
Using Dimensions and Attributes
03/17/2014
Procedures for adding GL accounts
03/17/2014
Access to the Intacct financial reports
03/17/2014
Year-end procedures for the close of accounts
01/02/2018
Booking and automation of Interco transactions
05/28/2015
Entry and payment of credit card balances
03/17/2014
Recording hand written checks, wires
03/17/2014
Recording of other receipts
11/25/2016
Bank reconciliation upload files
09/08/2015
Adding customer records and contacts
05/21/2015
Creation of AR credit and debit memos
05/21/2015
Application of AR credit and debit memos
05/21/2015
Managing full refunds for customers
05/21/2015
Managing partial refunds for customers
03/17/2014
Processing of online payment receipts
03/17/2014
Booking and reversal of unbilled revenue
03/17/2014
Booking and reversal of unearned revenue
03/17/2014
Advances feature
03/17/2014
Approval of bill payments
05/14/2015
Payment selection and check printing
03/17/2014
Creation of AP debit and credit memos
03/17/2014
Application of AP debit and credit memos
03/17/2014
AP reclassify feature
05/14/2015
How to void checks
09/08/2015
Adding Salesforce customer records and contacts
03/20/2014
Reports available in the Inventory Modules
03/20/2015
Transaction Definitions for VSOE Accounting
03/17/2014
Input and output values of project summary
03/17/2014
Entry of expense reports for employees
11/09/2013
Entry of expense reports for admin
03/17/2014
Approval/decline of expense reports
03/17/2014
Approval of payments from T&E Module
03/17/2014
Reimbursement selection and check printing
06/10/2016
Diagram options for billing and Rev Rec
10/06/2016
Audit Log Report (“Save target as…” for file)
09/19/2014
Uploading and viewing the Audit Log Report
03/17/2014
Configuration of payment services
12/02/2014
Intacct API library and Community Wiki
03/03/2015
Reference Page for Use of API Test Tool
03/03/2015
API Test Tool for IE (click for direct navigation)
03/03/2015
Chrome Extension (click for access to download)
Six System Objectives for Meeting the New Rev Rec Standards
Dear Colleague,
For the full year ended December 31, 2019, the new standards for revenue recognition will become audit guidance for non-public companies (public companies have reported under these standards since 2018). This global standard –Revenue from Contracts with Customers— jointly authored by the Financial Accounting Standards Board (FASB), and counterpart, International Accounting Standards Board (IASB), creates a framework for revenue recognition consistent with performance and entitlement.
While changes to the timing and amount of revenue businesses recognize will vary depending on the type of contracts they execute, the need to reconfigure accounting/ ERP systems will be broad-based. As a primer to meeting the new rev rec standards, and managing a contract portfolio, we have considered six objectives for your ERP. We look forward to discussing these objectives with you, and helping you to consider your preparedness for ASC 606.
Seth Pomeroy, Partner, NDH
312-461-0505
seth@ndhcpa.com
Sage Intacct Contract Manager – Meeting the New Contract-Based Rev Rec Standards
Dear Colleague,
To meet the new contract-based rev rec standards you look for ways to modify your existing ERP. This may involve repurposing your system, leaving you with a “Frankenstein” solution.
Alternatively, Contracts by Sage Intacct is architected to meet the new standards, and manage your dynamic contract portfolio. All within a single system, without unsustainable workarounds.
Or, schedule a demo walkthrough by contacting one of our solution specialists.
Sincerely,
Seth Pomeroy, Partner, NDH
312-461-0505
seth@ndhcpa.com
New Revenue Recognition Standards ASC 606
Dear Colleague,
As CFO’s prepare to address the new Standard for revenue recognition as required by ASC 606, “Revenue from Contracts with Customers,” they will need to adopt new tactics for managing revenue, and systems to support the Standard. Not only are the narratives of “when? and “how much?” revenue to recognize changed, but broader changes in the economy including subscriptions, pricing models, and disclosures driving changes in how CFO’s maintain their financial systems to support operations and reporting.
We have summarized the core principal, and information relevant to the upcoming changes to both the FASB and IASB treatment of revenue recognition for your review. We look forward to discussing these changes with you, and helping you to consider your preparedness for ASC 606.
Seth Pomeroy, Partner, NDH
312-461-0505
seth@ndhcpa.com
Sage Intacct Developer – Extending and Customizing Intacct
Dear Colleague:
In managing ERP integrations, CIOs must consider the base ERP platform, Web Services gateway, and integrated application. These form a tripod supporting the workflow.
Intacct Web Services simplifies this workflow giving CIOs powerful XML-based request and response between Intacct ERP, and the integrated application.
NDH allows CIOs achieve optimal performance and return from ERP integration and workflow.
Seth Pomeroy, Partner, NDH
312-461-0505
seth@ndhcpa.com
Sage Intacct Project Manager – Managing Projects Using Intacct ERP
Dear Colleague:
Project managers take charge of their teams by answering three questions. Or, how do I control my projects? Evaluate my results? Deploy my resources?
Intacct Project Accounting supports effective project management as a fully integrated ERP offering from Sage Intacct. Thus, supporting the integration of activities, and the alignment of overall corporate purposes.
NDH supports PMs success to ensure project success, and company performance.
Seth Pomeroy, Partner, NDH
312-461-0505
seth@ndhcpa.com
Sage Intacct Entity Manager – Managing Multi-Entity Companies Using Intacct ERP
Dear Colleague,
Our work with the financial managers of multi-entity organizations –those with multiple legal, geographic, and/or business units— led us to consider their most pressing operating needs. Manager’s report they need to accelerate performance evaluation, while maintaining controls for Inter— and Intracompany transactions.
To address these needs their ERP system must have specific capabilities for managing access, processing, and reporting. Please find attached a review of Sage Intacct for meeting these requirements, and Gartner’s assessment for the same.
Available for your consultation, and one-on-one review with our team.
Sincerely,
Seth Pomeroy, Partner, NDH
312-461-0505
seth@ndhcpa.com
Sage Intacct Inventory Manager – Managing Inventory Using Intacct ERP
Dear Colleague,
We’ve sized-up a group of companies managing inventory, including:
• Sellers of finished goods inventory, with need for quick inventory turns.
• Multi-warehouse distributors, who need visibility into location/entity stock.
• On-line retailers, requiring high throughput for large scale processing.
• Service organizations stocking parts to fulfill installation, or maintenance.
With the right ERP, these companies realize improved margins and reduce fulfillment time.
We welcome the opportunity to review 10 immediate benefits in adopting Intacct for your inventory management needs.
Sincerely,
Seth Pomeroy, Partner, NDH
312-461-0505
seth@ndhcpa.com
Sage Intacct Mission Manager – Managing NFP’s and Associations Using Intacct ERP
Dear Colleague,
To meet the mission of your not-for-profit or association, you look for new ways to improve operations. You’ve told us your systems aren’t getting you there, putting your mission at risk.
Referenced here is an introduction to Sage Intacct for NFPs and associations, and how 1,000’s of organizations are improving operations and insight.
To meet your mission, schedule a demo walkthrough with one of our solution specialists, or contact us with additional questions.
Sincerely,
Seth Pomeroy, Partner, NDH
312-461-0505
seth@ndhcpa.com