Sage Intacct Dimensions is a feature for businesses with multiple services, products, or locations that allows you to organize, sort, and report company information. Dimensions accounting designates each business unit as its own independent dimension, so you can choose from a list of pre-set dimensions instead of dealing with thousands of entries. The list of dimensions includes location, department, project, customer, vendor, employee, item, and class. Plus, you can create custom dimensions unique to your business so you can track and report on your data in an efficient way.
Financial insights about business performance can be obtained by categorizing, labeling, or tagging transactions. With advanced reporting, users can organize their transactions according to pre-defined values that classify financial data by labeling and tagging it. Accounting dimensions lead to insights about business performance, which can be used for making decisions or recommending solutions to improve the business.
Most financial solutions use a hard-coded structure for your chart of accounts. For example, to track 3 locations, 5 departments, and 5 projects, you’d need 75 account code combinations—and you’d end up with a complicated, unmanageable set of codes. Adding a new location or department could potentially force you to add hundreds of additional accounts. Sage Intacct dimensions accounting software lets you keep it simple—you only need to set up your primary account codes. As your business changes, there’s no need to add hard-coded segment combinations.
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