1 Sage Intacct Accelerator: Prepaid Expense Amortization
Key Benefits
Faster and More Accurate Close
Increase accuracy and save time by recognizing
pre-paid assets directly from AP bills. Shorten your
close time by automatically posting journal entries for
expense amortization and ensure proper period cut-
off by accounting for expenses in the correct periods.
D a t a s h e e t
Sage Intacct
Accelerator: Prepaid
Expense Amortization
Automate Expense Amortization
Streamline your close process with automated amortizations and say
goodbye to tedious spreadsheet-based processes for tracking and calculating
amortization expenses.
Key Features
Automated Amortization
Capitalize expenses
Recognize assets directly from AP bills and
automatically capture amortization information such
as contract start and end dates directly from bills.
Flexible amortization rules
Set rules to expense assets over time using
straight-line or all at once on a set future date. And,
assign unique GL accounts for specific asset classes.
