IMPLEMENTING SAGE INTACCT
EXAM QUESTIONS WITH COMPLETE
SOLUTIONS
Where solution is found in Sage Intacct (if applicable) - Answer-Accounts Payable > All
> Bills > Pay Bills
AP-009: Payments
Requirement: System should allow a user to select bills for payment based on:
Solution Description - Answer-Create and apply a Pay Bills filter set. Filters can be
created and shared with all users. Related permissions: Pay Bills: Run
AP-010: Payments
Requirement:System should support partial payments on bills
a. Standard functionality
b. Workaround
c. Marketplace solution - Answer-Standard
AP-010: Payments
Requirement:System should support partial payments on bills
Where solution is found in Sage Intacct (if applicable) - Answer-Accounts Payable > All
> Bills > Pay Bills
AP-010: Payments
Requirement:System should support partial payments on bills
Solution Description - Answer-During the Pay Bills process, enter the partial amount to
pay in the Amount to pay field. Related permissions: Pay Bills: Run
AP-011: Payments
Requirement: System should support issuing a check out of sequence
a. Standard functionality
b. Workaround
c. Marketplace solution - Answer-Standard
AP-011: Payments
Requirement: System should support issuing a check out of sequence
,Where solution is found in Sage Intacct (if applicable) - Answer-Accounts Payable > All
> Payments > Manual paym
AP-011: Payments
Requirement: System should support issuing a check out of sequence
Solution Description - Answer-No configuration needed. Create a Manual payment and
override the check number. Related permissions: Manual Payment: List, View, Add,
Print, Void
AP-012: Reports
Requirement: System should provide a vendor aging report that displays summary or
detail information.
a. Standard functionality
b. Workaround
c. Marketplace solution - Answer-Standard
AP-012: Reports
Requirement: System should provide a vendor aging report that displays summary or
detail information.
Where solution is found in Sage Intacct (if applicable) - Answer-Accounts Payable > All
> Reports > Vendor aging > Report
AP-012: Reports
Requirement: System should provide a vendor aging report that displays summary or
detail information.
Solution Descriptions - Answer-Set the Report type to Summary or Detail. Note: Aging
Periods must be setup in Accounts Payable Configuration. Related permissions:
Reports > Vendor Aging Reports/Graphs: Run
AR-001: Terms
Requirement: System should provide these payment terms for use with customer
transactions:
Net 30 Net 45 Net 60 Net 90 Due on Receiipt
a. Standard functionality
b. Workaround
c. Marketplace solution - Answer-Standard
AR-001: Terms
Requirement: System should provide these payment terms for use with customer
transactions:
Net 30 Net 45 Net 60 Net 90 Due on Receiipt
, Where solution is found in Sage Intacct (if applicable) - Answer-Accounts Receivable >
Setup > More > Terms
AR-001: Terms
Requirement: System should provide these payment terms for use with customer
transactions:
Net 30 Net 45 Net 60 Net 90 Due on Receiipt
Solution Descriptions - Answer-Create terms. Terms are shared with Accounts
Receivable and Order Entry applications. Related permissions: AR Terms: List, View,
Add, Edit, Delete
AR-002: Customers
Requirement:System should automatically assign a sequential ID to imported or
manually created customer records
a. Standard functionality
b. Workaround
c. Marketplace solution - Answer-Standard
AR-002: Customers
Requirement:System should automatically assign a sequential ID to imported or
manually created customer records
Where solution is found in Sage Intacct (if applicable) - Answer-Accounts Receivable
Configuration
AR-002: Customers
Requirement:System should automatically assign a sequential ID to imported or
manually created customer records
Solution Description - Answer-Add a document sequencer for Customers. Related
permissions: Administrative Permissions > Application Subscriptions: Configure
AR-003: Customers
Requirement:System should support sharing a single customer record across multiple
entities.
a. Standard functionality
b. Workaround
c. Marketplace solution - Answer-Standard
AR-003: Customers
Requirement:System should support sharing a single customer record across multiple
entities.
EXAM QUESTIONS WITH COMPLETE
SOLUTIONS
Where solution is found in Sage Intacct (if applicable) - Answer-Accounts Payable > All
> Bills > Pay Bills
AP-009: Payments
Requirement: System should allow a user to select bills for payment based on:
Solution Description - Answer-Create and apply a Pay Bills filter set. Filters can be
created and shared with all users. Related permissions: Pay Bills: Run
AP-010: Payments
Requirement:System should support partial payments on bills
a. Standard functionality
b. Workaround
c. Marketplace solution - Answer-Standard
AP-010: Payments
Requirement:System should support partial payments on bills
Where solution is found in Sage Intacct (if applicable) - Answer-Accounts Payable > All
> Bills > Pay Bills
AP-010: Payments
Requirement:System should support partial payments on bills
Solution Description - Answer-During the Pay Bills process, enter the partial amount to
pay in the Amount to pay field. Related permissions: Pay Bills: Run
AP-011: Payments
Requirement: System should support issuing a check out of sequence
a. Standard functionality
b. Workaround
c. Marketplace solution - Answer-Standard
AP-011: Payments
Requirement: System should support issuing a check out of sequence
,Where solution is found in Sage Intacct (if applicable) - Answer-Accounts Payable > All
> Payments > Manual paym
AP-011: Payments
Requirement: System should support issuing a check out of sequence
Solution Description - Answer-No configuration needed. Create a Manual payment and
override the check number. Related permissions: Manual Payment: List, View, Add,
Print, Void
AP-012: Reports
Requirement: System should provide a vendor aging report that displays summary or
detail information.
a. Standard functionality
b. Workaround
c. Marketplace solution - Answer-Standard
AP-012: Reports
Requirement: System should provide a vendor aging report that displays summary or
detail information.
Where solution is found in Sage Intacct (if applicable) - Answer-Accounts Payable > All
> Reports > Vendor aging > Report
AP-012: Reports
Requirement: System should provide a vendor aging report that displays summary or
detail information.
Solution Descriptions - Answer-Set the Report type to Summary or Detail. Note: Aging
Periods must be setup in Accounts Payable Configuration. Related permissions:
Reports > Vendor Aging Reports/Graphs: Run
AR-001: Terms
Requirement: System should provide these payment terms for use with customer
transactions:
Net 30 Net 45 Net 60 Net 90 Due on Receiipt
a. Standard functionality
b. Workaround
c. Marketplace solution - Answer-Standard
AR-001: Terms
Requirement: System should provide these payment terms for use with customer
transactions:
Net 30 Net 45 Net 60 Net 90 Due on Receiipt
, Where solution is found in Sage Intacct (if applicable) - Answer-Accounts Receivable >
Setup > More > Terms
AR-001: Terms
Requirement: System should provide these payment terms for use with customer
transactions:
Net 30 Net 45 Net 60 Net 90 Due on Receiipt
Solution Descriptions - Answer-Create terms. Terms are shared with Accounts
Receivable and Order Entry applications. Related permissions: AR Terms: List, View,
Add, Edit, Delete
AR-002: Customers
Requirement:System should automatically assign a sequential ID to imported or
manually created customer records
a. Standard functionality
b. Workaround
c. Marketplace solution - Answer-Standard
AR-002: Customers
Requirement:System should automatically assign a sequential ID to imported or
manually created customer records
Where solution is found in Sage Intacct (if applicable) - Answer-Accounts Receivable
Configuration
AR-002: Customers
Requirement:System should automatically assign a sequential ID to imported or
manually created customer records
Solution Description - Answer-Add a document sequencer for Customers. Related
permissions: Administrative Permissions > Application Subscriptions: Configure
AR-003: Customers
Requirement:System should support sharing a single customer record across multiple
entities.
a. Standard functionality
b. Workaround
c. Marketplace solution - Answer-Standard
AR-003: Customers
Requirement:System should support sharing a single customer record across multiple
entities.
