Adding Statistical Accounts in Sage Intacct

Adding Statistical Accounts in Sage Intacct is a great way to track non-financial data, such as quantities, units, or other key performance indicators (KPIs) that don’t directly affect the general ledger but are useful for reporting and analysis. These accounts can be linked to specific transactions or used for tracking purposes across your organisation.

Watch this short video that takes you through how to add statistical accounts in Sage Intacct.

Additional Tips:

• Statistical Account Usage: Statistical accounts are useful for tracking non-financial information that is related to financial data, such as headcount, sales volume, or production quantities.
• Integration: You can integrate statistical accounts with other modules in Sage Intacct (e.g., Order Management or Inventory), enabling automatic data entry for statistical tracking based on business activities.
• Reporting: You can build custom reports using statistical accounts to analyze trends and make data-driven decisions.

By using statistical accounts, you can enhance your reporting capabilities without cluttering your financial statements with non-financial data.