ExpenseCloud Updates Intacct Integration

Posted on 07. Sep, 2011 by in News & Updates

We’ve updated our integration with Intacct Financials & Project Accounting this last week. It’s been two years since we first released our integration with Intacct’s Time & Expense module. The new update includes a feature to split the expense report based on which expenses are reimbursable/non-reimbrsable, then record them to either Accounts Payable or Time & Expense. A must – have for any Intacct Customer using corporate credit cards!

Here are the highlights:

  • Non – Reimbursable expense are recorded to Accounts Payable as a Bill, under the Vendor you choose (typically the corporate card). Bills can be consolidated and paid. If you included a billable project with the expense, customer invoices can be generated instantly in Intacct.
  • Reimbursable expenses are recorded to Time & Expense to pay the employee back via a check or payroll.
  • Intacct Projects & Customers can be imported into ExpenseCloud. As the administrator, you can choose which of this data to share with the employees. When an employee creates a new expense, they can add these Intacct Projects and Customer to each expense entry, including marking if they were a billable expense.

We created a video explaining how the new integration works. You can view it here.