©THESTAR 2024/2025 ALL RIGHTS RESERVED 12:54PM.
Sage Intacct Implementation Exam
Questions And Answers 2025 Update.
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? -
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? - Answer✔Enforce JE
balancing
General Ledger: What does an entity translate to for transacting in a multi-entity shared
environment? - Answer✔Location
General Ledger: What would cause a JL journal entry to fail? - Answer✔Modifying template
header titles
General Ledger: What do you enable to require approvals for all transactions in a particular
journal? - Answer✔Journal Entry approvals
General Ledger: What records are used to track non financial data, such as employee
headcount or the number of members? - Answer✔Statistical Accounts
General Ledger: What process prevents entries and/or changes to a ledger for a specific period?
- Answer✔Closing the books
General Ledger: Which type of journal entry is used for posting to a closed period? -
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? - 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? - Answer✔Partial
Conversion Handling
1
, ©THESTAR 2024/2025 ALL RIGHTS RESERVED 12:54PM.
Purchasing: What dimension represents goods or services purchased from a vendor? -
Answer✔Item
Purchasing: How does the system determine what type of transactions require aproval, what
approvals are required, and the sequence of approvals? - Answer✔Approval Policies
Purchasing: What transaction definition setting requires at least one debit/credit account pair
defined? - 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? - Answer✔Statement
Accounts Receivables: What transaction type decreases the amount a customer owes you? -
Answer✔Credit memo
Accounts Receivables: What customer account type causes the system to apply customer
payments against the total balance due? - Answer✔Balance forward
Accounts Receivables: What feature provides user-friendly names for GL accounts when
entering customer invoices? - Answer✔Account Labels
Accounts Receivables: What determines how customer discounts can be calculated on the full
transaction amount or total line items only? - Answer✔AR Terms
Accounts Receivables: How do you ensure Customer Invoices have no impact on the General
Ledger? - Answer✔Import AR Invoices and select historical posting
Accounts Receivables: How are new IDs or numbers automatically generated for customers and
transactions? - Answer✔Document Sequencer
Accounts Receivables: What accounts Receivable configuration option prevents you from
deleting updating invoices? - 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? - Answer✔Account Labels
Accounts Receivables: How do you post an undeposited funds payment receipt to cash in
Accounts Receivables? - Answer✔Create a deposit
Accounts Receivables: What field name must be unique when importing customers in a .csv
import template? - Answer✔CUST_NAME
Time & Expense: What provides recognizable names to the G/L accounts used in expense
reports in the T&E application? - Answer✔Expense types
Time & Expense: What option enables approvals for paying employee expense reports? -
Answer✔Expense reports approvals
2
Sage Intacct Implementation Exam
Questions And Answers 2025 Update.
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? -
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? - Answer✔Enforce JE
balancing
General Ledger: What does an entity translate to for transacting in a multi-entity shared
environment? - Answer✔Location
General Ledger: What would cause a JL journal entry to fail? - Answer✔Modifying template
header titles
General Ledger: What do you enable to require approvals for all transactions in a particular
journal? - Answer✔Journal Entry approvals
General Ledger: What records are used to track non financial data, such as employee
headcount or the number of members? - Answer✔Statistical Accounts
General Ledger: What process prevents entries and/or changes to a ledger for a specific period?
- Answer✔Closing the books
General Ledger: Which type of journal entry is used for posting to a closed period? -
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? - 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? - Answer✔Partial
Conversion Handling
1
, ©THESTAR 2024/2025 ALL RIGHTS RESERVED 12:54PM.
Purchasing: What dimension represents goods or services purchased from a vendor? -
Answer✔Item
Purchasing: How does the system determine what type of transactions require aproval, what
approvals are required, and the sequence of approvals? - Answer✔Approval Policies
Purchasing: What transaction definition setting requires at least one debit/credit account pair
defined? - 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? - Answer✔Statement
Accounts Receivables: What transaction type decreases the amount a customer owes you? -
Answer✔Credit memo
Accounts Receivables: What customer account type causes the system to apply customer
payments against the total balance due? - Answer✔Balance forward
Accounts Receivables: What feature provides user-friendly names for GL accounts when
entering customer invoices? - Answer✔Account Labels
Accounts Receivables: What determines how customer discounts can be calculated on the full
transaction amount or total line items only? - Answer✔AR Terms
Accounts Receivables: How do you ensure Customer Invoices have no impact on the General
Ledger? - Answer✔Import AR Invoices and select historical posting
Accounts Receivables: How are new IDs or numbers automatically generated for customers and
transactions? - Answer✔Document Sequencer
Accounts Receivables: What accounts Receivable configuration option prevents you from
deleting updating invoices? - 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? - Answer✔Account Labels
Accounts Receivables: How do you post an undeposited funds payment receipt to cash in
Accounts Receivables? - Answer✔Create a deposit
Accounts Receivables: What field name must be unique when importing customers in a .csv
import template? - Answer✔CUST_NAME
Time & Expense: What provides recognizable names to the G/L accounts used in expense
reports in the T&E application? - Answer✔Expense types
Time & Expense: What option enables approvals for paying employee expense reports? -
Answer✔Expense reports approvals
2
