SAGE INTACCT IMPLEMENTATION
EXAM 2025/2026 QUESTIONS AND
ANSWERS 100% PASS
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? -
ANS 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? - ANS Enforce JE
balancing
General Ledger: What does an entity translate to for transacting in a multi-entity shared
environment? - ANS Location
General Ledger: What would cause a JL journal entry to fail? - ANS Modifying template
header titles
General Ledger: What do you enable to require approvals for all transactions in a particular
journal? - ANS Journal Entry approvals
General Ledger: What records are used to track non financial data, such as employee
headcount or the number of members? - ANS Statistical Accounts
pg. 1 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED
, General Ledger: What process prevents entries and/or changes to a ledger for a specific period?
- ANS Closing the books
General Ledger: Which type of journal entry is used for posting to a closed period? -
ANS Adjusting
Purchasing: What enables to categorize items for the purpose of posting to specific GL Accounts
when using Advanced Workflows in the purchasing application? - ANS 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? - ANS Partial
Conversion Handling
Purchasing: What dimension represents goods or services purchased from a vendor? -
ANS Item
Purchasing: How does the system determine what type of transactions require aproval, what
approvals are required, and the sequence of approvals? - ANS Approval Policies
Purchasing: What transaction definition setting requires at least one debit/credit account pair
defined? - ANS 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? - ANS Statement
Accounts Receivables: What transaction type decreases the amount a customer owes you? -
ANS Credit memo
Accounts Receivables: What customer account type causes the system to apply customer
payments against the total balance due? - ANS Balance forward
pg. 2 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED
EXAM 2025/2026 QUESTIONS AND
ANSWERS 100% PASS
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? -
ANS 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? - ANS Enforce JE
balancing
General Ledger: What does an entity translate to for transacting in a multi-entity shared
environment? - ANS Location
General Ledger: What would cause a JL journal entry to fail? - ANS Modifying template
header titles
General Ledger: What do you enable to require approvals for all transactions in a particular
journal? - ANS Journal Entry approvals
General Ledger: What records are used to track non financial data, such as employee
headcount or the number of members? - ANS Statistical Accounts
pg. 1 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED
, General Ledger: What process prevents entries and/or changes to a ledger for a specific period?
- ANS Closing the books
General Ledger: Which type of journal entry is used for posting to a closed period? -
ANS Adjusting
Purchasing: What enables to categorize items for the purpose of posting to specific GL Accounts
when using Advanced Workflows in the purchasing application? - ANS 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? - ANS Partial
Conversion Handling
Purchasing: What dimension represents goods or services purchased from a vendor? -
ANS Item
Purchasing: How does the system determine what type of transactions require aproval, what
approvals are required, and the sequence of approvals? - ANS Approval Policies
Purchasing: What transaction definition setting requires at least one debit/credit account pair
defined? - ANS 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? - ANS Statement
Accounts Receivables: What transaction type decreases the amount a customer owes you? -
ANS Credit memo
Accounts Receivables: What customer account type causes the system to apply customer
payments against the total balance due? - ANS Balance forward
pg. 2 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED
