Sage Intact Implementation Questions and Answers Already Passed

Sage Intact Implementation Questions and Answers Already Passed 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? 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? Enforce JE balancing General Ledger: What does an entity translate to for transacting in a multi-entity shared environment? Location General Ledger: What would cause a JL journal entry to fail? Modifying template header titles General Ledger: What do you enable to require approvals for all transactions in a particular journal? Journal Entry approvals General Ledger: What records are used to track non financial data, such as employee headcount or the number of members? Statistical Accounts General Ledger: What process prevents entries and/or changes to a ledger for a specific period? Closing the books General Ledger: Which type of journal entry is used for posting to a closed period? Adjusting Purchasing: What enables to categorize items for the purpose of posting to specific GL Accounts when using Advanced Workflows in the purchasing application? 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? Partial Conversion Handling Purchasing: What dimension represents goods or services purchased from a vendor? Item Purchasing: How does the system determine what type of transactions require aproval, what approvals are required, and the sequence of approvals? Approval Policies Purchasing: What transaction definition setting requires at least one debit/credit account pair defined? 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? Statement Accounts Receivables: What transaction type decreases the amount a customer owes you? Credit memo Accounts Receivables: What customer account