Managing bank transactions efficiently is crucial for businesses seeking financial accuracy and streamlined reconciliation. Sage Intacct’s Bank Transaction Assistant offers a powerful solution to simplify this process, saving time and minimizing manual effort.
Why Use the Bank Transaction Assistant?
This feature provides a centralized platform to import bank transactions across all accounts, ensuring accuracy and efficiency. Here’s what makes it a game-changer:
✅ Automated Transaction Matching – Transactions are automatically matched based on account rules, reducing manual reconciliation efforts.
✅ Enhanced Accuracy – Minimizes human errors in transaction entries.
✅ Greater Control – User permissions allow you to control who can import transactions.
✅ Comprehensive Audit Trail – Keeps a record of all imports, simplifying compliance.
✅ Real-Time Insights – Faster reconciliation leads to better cash flow management.
How It Works
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Enable the Bank Transaction Assistant
- Subscribe to Sage Cloud Services and activate the feature in settings.
- Assign necessary user permissions for importing transactions.
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Importing Transactions
- Navigate to Cash Management > Bank Transaction Import Files > Add.
- Select the bank account and upload the transaction file.
- Review and confirm the imported transactions.
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Viewing Imported Transactions
- Transactions are accessible in the Bank Transaction List and the Bank Tab of account reconciliation.
With Sage Intacct’s Bank Transaction Assistant, businesses can experience seamless financial data management. Start simplifying your transaction imports today!