Sage Intacct – Tips, Tricks and Components
In Sage Intacct, we have introduced a new Application for Tax Deducted at Source (TDS), designed to streamline TDS transactions with minimum clicks. Based on Indian taxation rules, this application simplifies the TDS process for users. In our previous blog, we explored the features and functionalities of Sage Intacct TDS in depth, providing a thorough… Read More »
In this blog, we will discuss the Goods and Services Tax features and why to use Goods and Services Tax in the Sage Intacct. New Stuff: TDS Deduction Process on Accounts Payable Bills GST is an abbreviation for Goods and Services Tax, which is an indirect tax imposed on the provision of goods and services.… Read More »
Sage Intacct has introduced a new application Tax Deducted at Source (TDS). TDS is an essential part of the tax system that guarantees revenue collection and compliance. It is a system that deducts a predetermined percentage of taxes from payments for a variety of transactions, including interest and salary. In previous blog we have explored… Read More »
In our previous blog, we discussed the AR Receipt Voucher Report, which is part of our India Pack Report. In today’s blog, we will provide a detailed discussion on the GL Voucher Report in Sage Intacct ERP. A General Ledger (GL) voucher is a tool that helps companies track their financial transactions and ensure accurate reporting. It simplifies accounting by automatically recording transactions, such as payments made or money… Read More »
In the Sage Intacct ERP, previous blog we explained the AP Vendor Transaction Report in the Sage Intacct. In this blog, we are going to discuss about the AP Invoice Voucher in the Sage Intacct. New Stuff: – AR Receipt Voucher in Sage Intacct The AP Invoice Voucher, also known as the Accounts Payable Invoice… Read More »
Accounts Receivable (AR) receipts are essential for the financial management of any organization. They represent the payments that a business receives from customers for goods sold or services rendered on credit. AR receipts are important for maintaining a cash flow, ensuring timely payment of outstanding invoices, and keeping an accurate record of incoming payments. New… Read More »
An AP payment voucher is an internal document used by businesses to authorize payment to a supplier or vendor for goods or services received. It serves as a formal request for payment and is often accompanied by supporting documentation, such as invoices and receipts. The payment voucher helps ensure that all necessary approvals are obtained… Read More »
Nonprofit organizations often face a lot of challenges when it comes to financial management. Unlike other profitable organizations, non-profit businesses need donation\grants to complete their missions. So, they must ensure that every dollar spent should align with their mission goal and be properly accounted for. All the while, they adhered to government compliances and regulations,… Read More »
In this blog, we will discuss the Tax Deducted at Source features and why to use Tax Deducted at Source in Sage Intacct. New Stuff : Introduction to Indian Localization in Sage Intacct Why to use TDS in Sage Intacct: Sage Intacct TDS features: In conclusion, TDS not only serves as a means of collecting… Read More »
Indian localization in the context of Tax Deducted at Source (TDS) and Goods and Services Tax (GST) involves altering financial and taxation processes to comply with Indian tax laws and regulations. This localization ensures that businesses adhere to the specific requirements of TDS and GST as they operate within India. In Sage Intacct, we have… Read More »