Sage Intacct is a cloud-based financial management and accounting software solution for small and medium-sized businesses. It is part of the Sage Group, a global software company that provides various business management solutions.
Sage Intacct stands as a distinguished ERP software, favoured by numerous prestigious enterprises. Despite its widespread adoption, occasional disparities may arise wherein certain transactions initiated on the website fail to be duly recorded within the ERP software. It is imperative to address and reconcile such discrepancies promptly, ensuring the integrity of the audit trail. This meticulous reconciliation process is pivotal to affirming the accuracy of financial records and safeguarding against potential losses to the company.
Cointab Reconciliation software streamlines the reconciliation process through its automated features, significantly reducing the time-consuming aspects associated with manual transaction verification.
Sage Intacct stands as a distinguished ERP software, favoured by numerous prestigious enterprises. Despite its widespread adoption, occasional disparities may arise wherein certain transactions initiated on the website fail to be duly recorded within the ERP software. It is imperative to address and reconcile such discrepancies promptly, ensuring the integrity of the audit trail. This meticulous reconciliation process is pivotal to affirming the accuracy of financial records and safeguarding against potential losses to the company.
Cointab Reconciliation software streamlines the reconciliation process through its automated features, significantly reducing the time-consuming aspects associated with manual transaction verification.
Reconciliation of Sage Intacct ERP software results:
ERP with Website:
Found and Reconciled with Website Report:
These transactions are identified and reconciled in both Website reports and ERP reports.Less Amount Recorded in Website Report:
In the above case, the transaction amount recorded in the Website report is less than the ERP reports.More Amount Recorded in Website Report:
In the above case, the transaction amount recorded in the Website report is more than the ERP reports.Not Found in Website Report:
Transactions in ERP reports are not found in website reports.Cancelled Transactions:
Transactions are present in the ERP report but are canceWebsite with ERP:
Found and Reconciled with ERP:
These transactions were reconciled in both ERP reports and website reports.Less Amount Recorded in ERP:
In this case, the amount recorded in the ERP report is seen to be less compared to website reports.More Amount Recorded in ERP:
In this case, the amount recorded in the ERP report is seen to be more than the Website reports.Not Found in ERP:
Transactions in website reports are not found in ERP reports.Cancelled Transactions:
Transactions present in the website reports have been cancelled.ERP with Payment Gateway:
Found and Reconciled with Payment Gateway Report:
Transactions are identified and reconciled in payment gateway reports and also in the ERP reports.Less Amount Recorded in Payment Gateway:
In this case, the payment gateway transactions have less amount compared to the ERP reports.More Amount Recorded in Payment Gateway:
In this case, the payment gateway transactions have more amount compared to the ERP reports.Not Found in Payment Gateway:
Transactions in ERP reports are not found in payment gateway reports.Cancelled Transactions:
The transactions are present in the ERP reports but are cancelled.Payment Gateway with ERP:
Found and Reconciled with ERP:
These transactions are found and reconciled in both ERP reports and payment gateway reports.Less Amount Recorded in ERP:
These transaction amounts are seen to be less in ERP reports compared to the payment gateway reports.More Amount Recorded in ERP:
The transaction amount is seen to be more in the ERP reports compared to the payment gateway reports.Not Found in ERP:
Transactions are present in payment gateway reports but are not found in ERP reports.Cancelled Transactions:
ransactions present in payment gateway reports are cancelled, from the customer’s end.Cointab Reconciliation software facilitates the identification of discrepancies that have been recorded on Sage Intacct ERP software, providing a way for comprehensive rectification of transactions. The software streamlines the reconciliation process, allowing for the effortless uploading of data in a preferred format and the customization of workflows tailored to business requirements. Compared to manual reconciliation, the Cointab solution offers enhanced ease and efficiency in conducting reconciliation tasks. Embark on your reconciliation journey today with Cointab to experience a seamless and effective reconciliation process.
