Sage Intacct Implementation Exam Newest
Exam 2026 | Actual Exam Questions and
Correct Answers | Graded A+ | Verified
Answers
General Ledger: What rolls an account's ending balance, for each reporting period
into the retained earnings accounts, effectively making the balance forward for
the account zero? ---------CORRECT ANSWER-----------------Non-closing accounts
General Ledger: What GL configuration option prevents users from entering a
journal entry or other transaction that does not balance for the current
dimension? ---------CORRECT ANSWER-----------------Enforce JE balancing
General Ledger: What does an entity translate to for transacting in a multi-entity
shared environment? ---------CORRECT ANSWER-----------------Location
General Ledger: What would cause a JL journal entry to fail? ---------CORRECT
ANSWER-----------------Modifying template header titles
General Ledger: What do you enable to require approvals for all transactions in a
particular journal? ---------CORRECT ANSWER-----------------Journal Entry approvals
,General Ledger: What records are used to track non financial data, such as
employee headcount or the number of members? ---------CORRECT ANSWER--------
---------Statistical Accounts
General Ledger: What process prevents entries and/or changes to a ledger for a
specific period? ---------CORRECT ANSWER-----------------Closing the books
General Ledger: Which type of journal entry is used for posting to a closed
period? ---------CORRECT ANSWER-----------------Adjusting
Purchasing: What enables to categorize items for the purpose of posting to
specific GL Accounts when using Advanced Workflows in the purchasing
application? ---------CORRECT ANSWER-----------------Item GL Group
Purchasing: PO for a certain qty of item, need to pay for lesser qty. What setting
in the PO transaction definition controls how you would process this transaction?
---------CORRECT ANSWER-----------------Partial Conversion Handling
Purchasing: What dimension represents goods or services purchased from a
vendor? ---------CORRECT ANSWER-----------------Item
,Purchasing: How does the system determine what type of transactions require
aproval, what approvals are required, and the sequence of approvals? ---------
CORRECT ANSWER-----------------Approval Policies
Purchasing: What transaction definition setting requires at least one debit/credit
account pair defined? ---------CORRECT ANSWER-----------------Transaction Posting
set to Accounts Payable
Accounts Receivables: What would you view to see all of the following
information: customer aging info, amount due and amount paid, and total
payments received? ---------CORRECT ANSWER-----------------Statement
Accounts Receivables: What transaction type decreases the amount a customer
owes you? ---------CORRECT ANSWER-----------------Credit memo
Accounts Receivables: What customer account type causes the system to apply
customer payments against the total balance due? ---------CORRECT ANSWER-------
----------Balance forward
, Accounts Receivables: What feature provides user-friendly names for GL accounts
when entering customer invoices? ---------CORRECT ANSWER-----------------Account
Labels
Accounts Receivables: What determines how customer discounts can be
calculated on the full transaction amount or total line items only? ---------CORRECT
ANSWER-----------------AR Terms
Accounts Receivables: How do you ensure Customer Invoices have no impact on
the General Ledger? ---------CORRECT ANSWER-----------------Import AR Invoices
and select historical posting
Accounts Receivables: How are new IDs or numbers automatically generated for
customers and transactions? ---------CORRECT ANSWER-----------------Document
Sequencer
Accounts Receivables: What accounts Receivable configuration option prevents
you from deleting updating invoices? ---------CORRECT ANSWER-----------------
Enable Reversal of Unpaid Invoices
Accounts Receivables: Displaying tax and subtotal fields on customer Invoices is
available only if you have enabled what feature in AR Configuration? ---------
CORRECT ANSWER-----------------Account Labels
Exam 2026 | Actual Exam Questions and
Correct Answers | Graded A+ | Verified
Answers
General Ledger: What rolls an account's ending balance, for each reporting period
into the retained earnings accounts, effectively making the balance forward for
the account zero? ---------CORRECT ANSWER-----------------Non-closing accounts
General Ledger: What GL configuration option prevents users from entering a
journal entry or other transaction that does not balance for the current
dimension? ---------CORRECT ANSWER-----------------Enforce JE balancing
General Ledger: What does an entity translate to for transacting in a multi-entity
shared environment? ---------CORRECT ANSWER-----------------Location
General Ledger: What would cause a JL journal entry to fail? ---------CORRECT
ANSWER-----------------Modifying template header titles
General Ledger: What do you enable to require approvals for all transactions in a
particular journal? ---------CORRECT ANSWER-----------------Journal Entry approvals
,General Ledger: What records are used to track non financial data, such as
employee headcount or the number of members? ---------CORRECT ANSWER--------
---------Statistical Accounts
General Ledger: What process prevents entries and/or changes to a ledger for a
specific period? ---------CORRECT ANSWER-----------------Closing the books
General Ledger: Which type of journal entry is used for posting to a closed
period? ---------CORRECT ANSWER-----------------Adjusting
Purchasing: What enables to categorize items for the purpose of posting to
specific GL Accounts when using Advanced Workflows in the purchasing
application? ---------CORRECT ANSWER-----------------Item GL Group
Purchasing: PO for a certain qty of item, need to pay for lesser qty. What setting
in the PO transaction definition controls how you would process this transaction?
---------CORRECT ANSWER-----------------Partial Conversion Handling
Purchasing: What dimension represents goods or services purchased from a
vendor? ---------CORRECT ANSWER-----------------Item
,Purchasing: How does the system determine what type of transactions require
aproval, what approvals are required, and the sequence of approvals? ---------
CORRECT ANSWER-----------------Approval Policies
Purchasing: What transaction definition setting requires at least one debit/credit
account pair defined? ---------CORRECT ANSWER-----------------Transaction Posting
set to Accounts Payable
Accounts Receivables: What would you view to see all of the following
information: customer aging info, amount due and amount paid, and total
payments received? ---------CORRECT ANSWER-----------------Statement
Accounts Receivables: What transaction type decreases the amount a customer
owes you? ---------CORRECT ANSWER-----------------Credit memo
Accounts Receivables: What customer account type causes the system to apply
customer payments against the total balance due? ---------CORRECT ANSWER-------
----------Balance forward
, Accounts Receivables: What feature provides user-friendly names for GL accounts
when entering customer invoices? ---------CORRECT ANSWER-----------------Account
Labels
Accounts Receivables: What determines how customer discounts can be
calculated on the full transaction amount or total line items only? ---------CORRECT
ANSWER-----------------AR Terms
Accounts Receivables: How do you ensure Customer Invoices have no impact on
the General Ledger? ---------CORRECT ANSWER-----------------Import AR Invoices
and select historical posting
Accounts Receivables: How are new IDs or numbers automatically generated for
customers and transactions? ---------CORRECT ANSWER-----------------Document
Sequencer
Accounts Receivables: What accounts Receivable configuration option prevents
you from deleting updating invoices? ---------CORRECT ANSWER-----------------
Enable Reversal of Unpaid Invoices
Accounts Receivables: Displaying tax and subtotal fields on customer Invoices is
available only if you have enabled what feature in AR Configuration? ---------
CORRECT ANSWER-----------------Account Labels
