Sage Intacct: Statistical Accounts

Statistical accounts in Sage Intacct are a powerful tool that allows users to track non-monetary data in their financial reports. These accounts can track a wide variety of information, such as headcount, inventory levels, or even website traffic. This data can then be used in conjunction with monetary data to provide a more comprehensive view of a company’s performance.

To create a statistical account in Sage Intacct, follow these steps:

1. Navigate to the General Ledger module and select “Statistical Accounts” from the drop-down menu.
2. Click on the “Add” button to create a new statistical account.
3. Enter a name for the account and select the appropriate type from the drop-down menu (numeric, quantity, or date).
4. Choose the appropriate currency and enter a description for the account.
5. Under “Display Options,” select how you want the data to appear in financial reports (as a value, percentage, or per unit).
6. Click on the “Save” button to create the account.

Once the statistical account has been created, you can start entering data by clicking on the “Transactions” tab and selecting “Enter Statistical Transactions.” Here, you can enter data for the account for a specified period.

To view the data in a report, navigate to the “Report” tab and select “Statistical Reports.” You can choose from a variety of pre-built reports or create your own custom report using the “Report Designer” tool.

Statistical accounts in Sage Intacct are a valuable tool for tracking and analyzing non-monetary data in your financial reports. By utilizing this feature, you can get a more complete picture of your company’s performance and make more informed business decisions.