{"id":9931,"date":"2021-08-31T15:22:00","date_gmt":"2021-08-31T19:22:00","guid":{"rendered":"https:\/\/www.sage.com\/en-us\/blog\/?p=9931"},"modified":"2026-02-12T04:38:05","modified_gmt":"2026-02-12T09:38:05","slug":"whats-new-in-sage-intacct-2021-release-3","status":"publish","type":"post","link":"https:\/\/www.sage.com\/en-us\/blog\/whats-new-in-sage-intacct-2021-release-3\/","title":{"rendered":"What&#8217;s new in Sage intacct 2021 release 3"},"content":{"rendered":"<header class=\"entry-header has-dark-background-color entry-header--has-illustration entry-header--has-illustration--generic\">\n\t<div class=\"container\">\n\t\t<div class=\"entry-header__row row align-center\">\n\t\t\t<div class=\"col col-lg-7 col-xlg-6 entry-header__content\">\n\t\t\t\t\t\t\t<div class=\"component component-single-header\">\n\t\t\t\t\t\t\t\t\t\t<div class=\"entry-header__misc text--subtitle text--uppercase text--small\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.sage.com\/en-us\/blog\/category\/accountants\/\" class=\"entry-header__link\">Accountants<\/a>\t\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t<div class=\"entry-title-wrapper\">\n\t\t\t\t\t<h1 class=\"entry-title\">\n\t\t\t\t\t\tWhat&#8217;s new in Sage intacct 2021 release 3\t\t\t\t\t<\/h1>\n\t\t\t\t<\/div>\n\n\t\t\t\t\t\t\t\t\t<p class=\"entry-header__description\">\n\t\t\t\t\t\t\t\t\t\t\t<\/p>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t<\/div>\n\t<div class=\"single-post-details container\">\n\t\t<div class=\"col\">\n\t\t\t<span class=\"posted-on \"><time class=\"entry-date published\" datetime=\"2021-08-31T15:22:00-04:00\">August 31, 2021<\/time><\/span><span class=\"reading-time\"> min read<\/span>\n\t\t<button\n\t\t\ttype=\"button\"\n\t\t\tclass=\"social-share-button button button--icon button--secondary js-social-share-button\"\n\t\t\tdata-share-title=\"What&#8217;s new in Sage intacct 2021 release 3\"\n\t\t\tdata-share-url=\"https:\/\/www.sage.com\/en-us\/blog\/whats-new-in-sage-intacct-2021-release-3\/\"\n\t\t\tdata-share-text=\"Please read this interesting article\"\n\t\t>\n\t\t\t<span class=\"social-share-button__share-label\">Share<\/span>\n\t\t\t<span class=\"social-share-button__copy-label\" hidden>Copy Link<\/span>\n\t\t\t<span class=\"social-share-button__copy-tooltip\" aria-hidden=\"true\" hidden>Copied<\/span>\n\t\t<\/button>\n\n\t\t\t\t<\/div>\n\t<\/div>\n<\/header>\n\n\n\n<div class=\"wp-block-post-author has-dark-background-color alignfull\">\n\t<div class=\"container\">\n\t\t<div class=\"col\">\n\t\t\t\t\t\t\t<div class=\"co-authors\">\n\t\t\t\t\t\n\t\t<div class=\"entry-author-wrapper\">\n\t\t\t<a class=\"entry-author\" href=\"https:\/\/www.sage.com\/en-us\/blog\/author\/janet-wi\/\">\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"40\" height=\"40\" src=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2022\/08\/Janet-Wi-Headshot-350x350.jpg\" class=\"entry-author__image\" alt=\"Janet Wi\" \/>\t\t\t\t<span class=\"entry-author__name\">Janet Wi<\/span>\n\t\t\t<\/a>\n\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t<\/div>\n<\/div>\n\n\n\n<p>We are now welcoming our third release of Sage Intacct in 2021! Our latest release reduces manual processes with automation and provides deeper support for our verticals. Some of the major highlights include:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Save time reviewing journal entry anomalies with GL Outlier Detection<\/li>\n\n\n\n<li>Spend less time on reconciliations by automating transaction matching<\/li>\n\n\n\n<li>Save time on running invoices and gain more insight into billing use cases<\/li>\n\n\n\n<li>More accurately track inventory when in transit between warehouses<\/li>\n\n\n\n<li>Gain efficiencies in construction change management<\/li>\n<\/ul>\n\n\n\n<p>Read on to find out more about how these new updates will affect your day-to-day operations within Sage Intacct.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-save-time-reviewing-journal-entry-anomalies-with-gl-outlier-detection\"><strong>Save time reviewing journal entry anomalies with GL Outlier Detection<\/strong><\/h2>\n\n\n\n<p><a href=\"https:\/\/www.sage.com\/en-us\/sage-business-cloud\/intacct\/product-capabilities\/core-financials\/ledger-accounting\/\n\" target=\"_blank\" rel=\"noopener\">Outlier Detection for General Ledger<\/a> is our machine learning solution that helps ensure the accuracy of your approval process. It reviews journal entries and flags anomalies to help you proactively catch errors and identify issues and risks prior to your approval. With Release 3, we\u2019ve introduced new options for configuration and at-a-glance insights.<\/p>\n\n\n\n<p>New icons allow you to quickly understand why journal entry lines were flagged as outliers with icons that give at-a-glance visual insight, saving you the time of investigating anomalies yourself. Icons tell you if an outlier is a coding anomaly (account\/dimension), an unusual amount, or if multiple outlier conditions are present. You can also hover over line level outliers for more details.<\/p>\n\n\n\n<p>You also gain more control over what gets flagged as an anomaly with configuration settings. Customize thresholds per journal for outlier evaluation based on materiality and dimensions. Dimension priority can be set so the system aligns to your needs when it comes to evaluating accuracy. This helps limit the number of outliers that require your attention.<\/p>\n\n\n\n<p>Existing Sage Intacct customers can self-subscribe to Outlier Detection for GL from within your Sage Intacct instance.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-spend-less-time-on-reconciliations-by-automating-transaction-matching\"><strong>Spend less time on reconciliations by automating transaction matching<\/strong><\/h2>\n\n\n\n<p>Powerful new filtering options in matching rules allow you to automatically match more incoming bank transactions to Sage Intacct transactions than ever before. Operator provide options to match bank and credit card data to corresponding transactions. For example, you can set filters to match the document number of incoming bank transactions to Sage Intacct transactions that contain the same document number in the description.<\/p>\n\n\n\n<p>Improved grouping options also allow you to group both Sage Intacct and bank transactions. Group one-to-many, many-to-one, and many-to-many matching to cover all scenarios with complex banking transactions. So, if you have three bank transactions that were recorded as one transaction in Sage Intacct, you can group them together for better visibility and reduce manual effort.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-contracts-and-subscription-billing-save-time-running-invoices-and-gain-more-insight-into-billing-use-cases\"><strong>Contracts and Subscription Billing: Save time running invoices and gain more insight into billing use cases<\/strong><\/h2>\n\n\n\n<p>New enhancements in our <a href=\"https:\/\/www.sage.com\/en-us\/sage-business-cloud\/intacct\/product-capabilities\/extended-capabilities\/subscription-billing\/\n\" target=\"_blank\" rel=\"noopener\">Contracts and Subscription Billing module<\/a> cover more billing use cases across a wide variety of businesses.<\/p>\n\n\n\n<p>To support businesses who use a reseller model, we\u2019ve added streamlined invoice aggregation and disaggregation. You can now group invoices by the \u201cbill to\u201d dimension to get invoices out the door faster. Grouping invoices eliminates the need for multiple invoice runs for the same bill to contact and allows you to quickly find the right customer, right invoice, and right charges in just a few clicks.<\/p>\n\n\n\n<p>We also now support committed usage billing, which bills customers for a committed quantity at a specified rate that you can configure on a line level based on your company\u2019s billing methods. Get quick and easy visibility into invoicing with detailed costs, send these invoices directly to customers, and report any deferred revenue as needed. With this update, we now cover a majority of billing use cases .<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-inventory-more-accurately-track-inventory-when-in-transit-between-warehouses\"><strong>Inventory: More accurately track inventory when in transit between warehouses<\/strong><\/h2>\n\n\n\n<p>If you have a warehouse or operational process that requires additional time between a transfer out of the originating warehouse and transfer into a receiving warehouse, this update is for you.<\/p>\n\n\n\n<p>Now, you can more <a href=\"https:\/\/www.sage.com\/en-us\/sage-business-cloud\/intacct\/product-capabilities\/extended-capabilities\/inventory-management\/\n\" target=\"_blank\" rel=\"noopener\">accurately track inventory<\/a> by eliminating the gap between reducing inventory in the source warehouse when it ships and accounting for it at the destination warehouse upon arrival. If an item requires transit time or has a cost associated with a transfer, you can now show items as \u201cin-transit\u201d while they are traveling between warehouses for more exact inventory on hand at both warehouses.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-construction-gain-efficiencies-in-change-management\"><strong>Construction: Gain efficiencies in change management <\/strong><\/h2>\n\n\n\n<p>We know project changes are inevitable in the construction industry. That\u2019s why we\u2019ve added more support in change management.&nbsp; In previous releases, we offered change requests to track changing project costs and pricing.<\/p>\n\n\n\n<p>With Release 3, <a href=\"https:\/\/www.sage.com\/en-us\/sage-business-cloud\/intacct\/industry\/\n\" target=\"_blank\" rel=\"noopener\">Construction module<\/a> subscribers can now link one or more change requests to a project order. You can keep momentum going on construction projects by documenting any billable job change requests on a project change order and reflect the changes to order entry, so you can get quicker approval for job changes and easily bill them to your customers.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-bottom-line\">Bottom Line<\/h2>\n\n\n\n<p>These highlights are only a few of the many new features and enhancements that have come to Sage Intacct in the new release. Automation, machine learning, and new cross-industry functionality deliver time savings, increase trust and accuracy, and provide new insights. &nbsp;If you are a current Sage Intacct customer and want to learn more, take a look at the Release 3 highlights in release notes.<\/p>\n\n\n\n<p>If you\u2019re in the market or curious about exploring a new financial management software solution, attend one of our daily coffee break demos.<\/p>\n\n\n\n<div class=\"single-cta\">\n\t<div class=\"single-cta__positioner\">\n\t\t<div class=\"single-cta__wrapper has-dark-background-color\">\n\t\t\t<div class=\"single-cta__content\">\n\t\t\t\t\t\t\t\t<h2 class=\"single-cta__title h3\">Take a coffee break with Sage<\/h2>\n\n\t\t\t\t\t\t\t\t\t<div class=\"single-cta__description\">\n\t\t\t\t\t\t<p><!-- wp:paragraph --><\/p>\n<p class=\"\">Interactive Demo<\/p>\n<p><!-- \/wp:paragraph --><\/p>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a\n\t\t\t\t\t\thref=\"https:\/\/www.sage.com\/en-us\/sage-business-cloud\/intacct\/coffee-break-demo\/\"\n\t\t\t\t\t\tclass=\"single-cta__button button button--primary\"\n\t\t\t\t\t\t\t\t\t\t\t\t\tid=\"cta-id-14172\"\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tdata-button-location=\"cta_box\"\n\t\t\t\t\t\t\t\t\t\t\t>Learn more<\/a>\n\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<img decoding=\"async\" width=\"1440\" height=\"810\" src=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/02\/character-illustration_support-training_coffee-break-demo_b-1440x810.png\" class=\"single-cta__image\" alt=\"animated-person-sitting-on-giant-coffee-cup\" loading=\"lazy\" srcset=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/02\/character-illustration_support-training_coffee-break-demo_b-1440x810.png 1440w\" sizes=\"auto, (min-width: 48em) 33vw, 100vw\" \/>\t\t\t<\/div>\n<\/div>\n\n\n<div class=\"single-cta\">\n\t<div class=\"single-cta__positioner\">\n\t\t<div class=\"single-cta__wrapper has-dark-background-color\">\n\t\t\t<div class=\"single-cta__content\">\n\t\t\t\t\t\t\t\t<h2 class=\"single-cta__title h3\">Subscribe to our Sage Advice Newsletter<\/h2>\n\n\t\t\t\t\t\t\t\t\t<div class=\"single-cta__description\">\n\t\t\t\t\t\t<p>Get our latest business advice delivered directly to your inbox.<\/p>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a\n\t\t\t\t\t\thref=\"#gate-ab515c6e-7e90-4c2f-a67e-113872516e8b\"\n\t\t\t\t\t\tclass=\"single-cta__button button button--primary\"\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t>Subscribe<\/a>\n\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<img decoding=\"async\" width=\"1440\" height=\"810\" src=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2022\/04\/GettyImages-1073797282-1440x810.jpg\" class=\"single-cta__image\" alt=\"Working from home with tea in hand\" loading=\"lazy\" srcset=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2022\/04\/GettyImages-1073797282-1440x810.jpg 1440w\" sizes=\"auto, (min-width: 48em) 33vw, 100vw\" \/>\t\t\t<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>We are now welcoming our third release of Sage Intacct in 2021! Our latest release reduces manual processes with automation and provides deeper support for our verticals. Some of the major highlights include: Read on to find out more about how these new updates will affect your day-to-day operations within Sage Intacct. Save time reviewing [&hellip;]<\/p>\n","protected":false},"author":1450,"featured_media":9417,"menu_order":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sage_video":false,"post_featured_image_hide":false,"footnotes":""},"categories":[158,348,49],"tags":[2,334,4,420,168,287],"business_type":[40,312,41],"lilypad":[],"context":[418,429],"industry":[50,57,55,450],"persona":[150,99,101],"imagine_tag":[209,436],"coauthors":[621],"class_list":["post-9931","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-accountants","category-free-guides-templates","category-trends-insights","tag-accountants","tag-automation","tag-business-intelligence","tag-cloud-financial-management","tag-sage-accounting","tag-sage-news","business_type-small-business","business_type-accountants","business_type-growing-business","industry-construction-and-real-estate","industry-financial-services","industry-professional-services","industry-software-saas"],"sage_meta":{"region":"en-us","author_name":"Janet Wi","featured_image":"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2022\/04\/GettyImages-1305268048.jpg","imagine_tags":{"209":"Accounting","436":"Intacct Accounting"}},"distributor_meta":false,"distributor_terms":false,"distributor_media":false,"distributor_original_site_name":"Sage Advice US","distributor_original_site_url":"https:\/\/www.sage.com\/en-us\/blog","push-errors":false,"_links":{"self":[{"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/posts\/9931","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/users\/1450"}],"replies":[{"embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/comments?post=9931"}],"version-history":[{"count":0,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/posts\/9931\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/media\/9417"}],"wp:attachment":[{"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/media?parent=9931"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/categories?post=9931"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/tags?post=9931"},{"taxonomy":"business_type","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/business_type?post=9931"},{"taxonomy":"lilypad","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/lilypad?post=9931"},{"taxonomy":"context","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/context?post=9931"},{"taxonomy":"industry","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/industry?post=9931"},{"taxonomy":"persona","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/persona?post=9931"},{"taxonomy":"imagine_tag","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/imagine_tag?post=9931"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/coauthors?post=9931"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}