Sage Intacct Construction Test (New 2025/2026) Practice Questions with Verified Answers.

Sage Intacct Construction Test i,- i,- i,- i,-




(New 2025/2026) Practice i,- i,- i,-




Questions with Verified Answers. i,- i,- i,-




How do you report anticipated revenue from project contracts on
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-



financial reports? You can integrate a project contract with
i,- i,-i,- i,- i,- i,- i,- i,- i,- i,- i,-



several GL budgets i,- i,-




What setup is required in order to track and manage retainage on
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-



subcontracts and purchase orders? · In Accounts Payable i,- i,- i,- i,-i,- i,- i,- i,- i,- i,-



configuration, enable AP retainage i,- i,- i,-




· Set up a dedicated GL account for retainage payable
i,- i,- i,- i,- i,- i,- i,- i,- i,-




· In Accounts Payable configuration, specify to use auto-
i,- i,- i,- i,- i,- i,- i,- i,-



sequenced document IDs for retainage release bills i,- i,- i,- i,- i,- i,-




· In Purchasing, enable retainage on order and invoice transaction
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-



definitions


You have converted a subcontract into an invoice and paid the AP
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-



bill. Now you need to add back dollars to the Price converted on
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-



the subcontract so you can convert it again at a later date. How
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-



do you process a reverse conversion in Purchasing?
i,- i,- · When i,- i,- i,- i,- i,- i,-i,- i,- i,- i,-



you convert the order into an invoice, select the Reverse
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-

, conversion checkbox on the invoice line and enter a negative i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-



amount
· Enable the Purchasing configuration for reverse conversion
i,- i,- i,- i,- i,- i,- i,-




· You need permissions to Reverse conversions in Purchasing
i,- i,- i,- i,- i,- i,- i,- i,-




Which of the following statements is true for Construction
i,- i,- i,- i,- i,- i,- i,- i,- i,-



Implementations? *The company's accounting method must i,-i,- i,- i,- i,- i,- i,- i,-



be set to accrual basis only
i,- i,- i,- i,- i,-




*If using the Service Industry QuickStart template you can
i,- i,- i,- i,- i,- i,- i,- i,- i,-



configure the Construction subscription and the core financial
i,- i,- i,- i,- i,- i,- i,- i,-



applications in any order i,- i,- i,-




Which are the correct options for provisioning a production
i,- i,- i,- i,- i,- i,- i,- i,- i,-



environment for a new Construction customer? *Use the i,- i,- i,- i,- i,- i,-i,- i,- i,- i,-



Trusted Practice Solution for CRE image to provision a production
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-



company
*Use the Services QuickStart template to provision a production
i,- i,- i,- i,- i,- i,- i,- i,- i,-



company


Of the following statements, which are best practices?
i,- i,- *Use i,- i,- i,- i,- i,- i,-i,- i,- i,-



unique names for standard tasks because Sage Intacct does not
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-



allow duplicate names for individual tasks within the same project
i,- i,- i,- i,- i,- i,- i,- i,- i,-




*Do not use a parent-child hierarchical order for cost types
i,- i,- i,- i,- i,- i,- i,- i,- i,-




*Do not use auto-numbering for the Task ID
i,- i,- i,- i,- i,- i,- i,-