8 Tips for Integrating your EPM with Sage Intacct ERP
Sage Intacct is a cloud-based financial management solution designed specifically for mid-sized businesses. It streamlines financial processes and improves visibility into financial data. Its robust features make it particularly appealing for organisations focused on Enterprise Performance Management (EPM).
When it comes to forecasting and budgeting then DataPlan8 offers the following 8 tips for integrating your EPM with Sage Intacct:
Utilize an EPM tool with a native connector, such as Pigment, or employ an ETL with a native connector like Tray.io.
Import your dimensions from tables, including Account, Entity, Cost Centre, and any custom ones, like Project, that you may have created.
Familiarize yourself with your BOOKID’s; for P&L history, you will likely use “ACCRUAL.”
For your P&L, connect to “GLDetail” and use “RECORDNO” as your unique key, bringing in the required fields.
Apply a filter like this: “ENTRY_DATE >= '01/01/2024' AND ENTRY_DATE <= '12/31/2024' AND BOOKID = 'ACCRUAL.’”
Use the Entry_Date field to assign to your EPM Period.
Utilize “Account Balances” for your Balance Sheet and Cash Flow, in combination with BOOKID.
Sage features a built-in Oanda connection for FX rates; for forecasting or budgeting, you can connect to Oanda directly or enter assumed FX rates manually.
