Intacct Helps Accountants Document Transactions

Accounting ASP Intacct today unveiled its Supporting Documents application.
As its name implies, the Supporting Documents application lets accountants and their clients access not only their financial data but also the underlying (i.e., supporting) documentation.

The Supporting Documents application is designed to give users the capability to upload business document files into the Intacct accounting system for permanent, safe storage and anytime/anywhere retrieval.

The application will upload a wide variety of business document files including scanned images, spreadsheets and word processor documents. Users can then associate those documents to transactions, invoices and reports within the Intacct accounting system.

“Supporting Documents transforms the Intacct accounting system into a secure, digital filing cabinet,” said Intacct CEO David C. Thomas. “Now accountants and their clients can have secure access not just to their financials, but also to their underlying documentation.”

The Los Gatos-based Intacct says that the Supporting Documents application is especially helpful to accounting firms that provide outsourced services and typically receive large amounts of hard-copy documents from their clients. With Supporting Documents, Intacct says, accountants can scan and attach key documents to transaction records, turning a difficult-to-manage record-keeping process into a more streamlined one.

Supporting Documents is accessible to users based upon a set of permissions that are defined and customized by an accounting firm’s or client company’s administrator.

The Supporting Documents application is available immediately for the following Intacct applications: Accounts Payable, Accounts Receivable, Employee Expenses, Cash Management and General Ledger. Because the Intacct system is a Web-based application suite, Supporting Documents is automatically available to users when they log on, without requiring any installations or upgrades on the user’s part.

It will be provided to all Intacct customers at no additional charge — a feature accountants are sure to love.

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