Sage Intacct Prepaid Expense Amortization
Streamline and automate the management of prepaid expenses
By capitalizing expenses directly from accounts payable bills and automating journal entries ensures accurate and timely expense recognition. With flexible amortization rules and dimensional tagging, this module provides enhanced financial visibility and control, making it easier to track and manage prepaid assets. Experience faster closes, improved accuracy, and detailed financial insights with Sage Intacct's Prepaid Expense Amortization module—your solution for efficient expense management.
Prepaid Expense Amortization Key Benefits
Automated Amortization
Capitalize expenses and recognize assets directly from AP bills, capturing amortization information such as contract start and end dates
Automated Journal Entries
Automatically posts journal entries for expense amortization, ensuring proper period cutoff and accounting for expenses in the correct periods
Flexible Amortization Rules
Use straight-line or other methods to amortize expenses either over time or all at once on a set future date.
Improved Financial Visibility
Provides granular visibility into financial position and performance by tagging assets and expenses with dimensions such as location, department, and project.
Prepaid Expense Amortization FAQ’s
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Prepaids is a free solution. Please reach out to your Sage Intacct Sales Representative for more information.
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Prepaids can be implemented and provisioned without the help from support or the provisioning team.
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A user can find the version of prepaids by going to Platform Services>Applications from the Top Level. There, you will see the list of applications including Prepaids with the version associated.
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Yes, Prepaids has a Process and Error Log (PEL) within the applications drop down.
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Yes, UDD can accommodate User Defined Dimensions. Instructions can be found within the user guide located at the link under this section.
Ready to start using Sage Intacct Prepaids?
The link below will take you to the Prepaid Expense Amortization Help center which you will find videos, the setup and user guide, release notes, and more. To learn more about how to gain access of the module, please reach out to your local Sage Intacct Sales Representative.