SAGE INTACCT IMPLEMENTATION EXAM WITH QUESTIONS AND
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CORRECT ANSWERS (VERIFIED AND WELL DETAILED ANSWERS)
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LATEST UPDATE 2024/2025 n n
General Ledger: What rolls an account's ending balance, for each reporting period i
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nto the retained earnings accounts, effectively making the balance forward for the ac
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count zero? - CORRECT ANSWER Non-closing accounts
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General Ledger: What GL configuration option prevents users from entering a journa
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l entry or other transaction that does not balance for the current dimension? -
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nCORRECT ANSWER Enforce JE balancing n n n n
General Ledger: What does an entity translate to for transacting in a multi-
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entity shared environment? - CORRECT ANSWER Location
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General Ledger: What would cause a JL journal entry to fail? -
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CORRECT ANSWER Modifying template header titles
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General Ledger: What do you enable to require approvals for all transactions in a part
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icular journal? - CORRECT ANSWER Journal Entry approvals
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General Ledger: What records are used to track non financial data, such as e
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mployee headcount or the number of members? -
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CORRECT ANSWER Statistical Accounts
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General Ledger: What process prevents entries and/or changes to a ledger for a specifi
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c period? - CORRECT ANSWER Closing the books
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,General Ledger: Which type of journal entry is used for posting to a closed period?
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- CORRECT ANSWER Adjusting
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Purchasing: What enables to categorize items for the purpose of posting to specific G
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L Accounts when using Advanced Workflows in the purchasing application? -
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CORRECT ANSWER Item GL Group
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Purchasing: PO for a certain qty of item, need to pay for lesser qty. What setting in the
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PO transaction definition controls how you would process this transaction? -
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CORRECT ANSWER Partial Conversion Handling
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Purchasing: What dimension represents goods or services purchased from a vendor
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? - CORRECT ANSWER Item
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Purchasing: How does the system determine what type of transactions require apro
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val, what approvals are required, and the sequence of approvals? -
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CORRECT ANSWER Approval Policies
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Purchasing: What transaction definition setting requires at least one debit/credit acc
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ount pair defined? -n n n
CORRECT ANSWER Transaction Posting set to Accounts Payable
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Accounts Receivables: What would you view to see all of the following
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information: customer aging info, amount due and amount paid, and total payments re
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ceived? - CORRECT ANSWER Statement
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Accounts Receivables: What transaction type decreases the amount a customer owe
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s you? - CORRECT ANSWER Credit memo
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,Accounts Receivables: What customer account type causes the system to apply custo
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mer payments against the total balance due? - CORRECT ANSWER
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Balance forward n
Accounts Receivables: What feature provides user-
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friendly names for GL accounts when entering customer invoices? -
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nCORRECT ANSWER Account Labels n n n
Accounts Receivables: What determines how customer discounts can be calculated o
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n the full transaction amount or total line items only? -
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CORRECT ANSWER AR Terms
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Accounts Receivables: How do you ensure Customer Invoices have no impact on the
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General Ledger? - n n
CORRECT ANSWER Import AR Invoices and select historical posting
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Accounts Receivables: How are new IDs or numbers automatically generated for cus
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tomers and transactions? - CORRECT ANSWER Document Sequencer
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Accounts Receivables: What accounts Receivable configuration option prevents you
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from deleting updating invoices? -
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nCORRECT ANSWER Enable Reversal of Unpaid Invoices
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Accounts Receivables: Displaying tax and subtotal fields on customer Invoices is ava
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ilable only if you have enabled what feature in AR Configuration? -
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nCORRECT ANSWER Account Labels n n n
Accounts Receivables: How do you post an undeposited funds payment receipt to cas
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h in Accounts Receivables? - CORRECT ANSWER Create a deposit
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, Accounts Receivables: What field name must be unique when importing customers in
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a .csv import template? - CORRECT ANSWER CUST_NAME
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Time & Expense: What provides recognizable names to the G/L accounts used in exp
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ense reports in the T&E application? - CORRECT ANSWER Expense types
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Time & Expense: What option enables approvals for paying employee expense report
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s? - CORRECT ANSWER Expense reports approvals
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Time & Expense: How is the manager field used in the employee information screen?
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- CORRECT ANSWER Vendor bill approval
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Time & Expense: What record is tied to the employee dimensions so an employee can
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submit their own expense reports from the T&E application? -
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nCORRECT ANSWER User n n
Order Entry: What do sales orders, sales quotes, and sales invoices represent in the Or
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der Entry application? - CORRECT ANSWER Transaction Definitions
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Order Entry: How are permissions used within the Order Entry application? -
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nCORRECT ANSWER Restrict users to enter transactions within a specific transact
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ion definition n
Order Entry: When pricing items in sales transactions, the system determines the calc
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ulated amount of the line by using the unit price and the: -
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CORRECT ANSWER Unit of measure
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Order Entry: What associates an Order Entry transaction with the appropriate icon on
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the overview map and with the applicable transaction menu grouping in the applicati
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on menu? - CORRECT ANSWER Workflow category
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n n n n n n n
CORRECT ANSWERS (VERIFIED AND WELL DETAILED ANSWERS)
n n n n n n n
LATEST UPDATE 2024/2025 n n
General Ledger: What rolls an account's ending balance, for each reporting period i
n n n n n n n n n n n n
nto the retained earnings accounts, effectively making the balance forward for the ac
n n n n n n n n n n n n
count zero? - CORRECT ANSWER Non-closing accounts
n n n n n n
General Ledger: What GL configuration option prevents users from entering a journa
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l entry or other transaction that does not balance for the current dimension? -
n n n n n n n n n n n n n
nCORRECT ANSWER Enforce JE balancing n n n n
General Ledger: What does an entity translate to for transacting in a multi-
n n n n n n n n n n n n
entity shared environment? - CORRECT ANSWER Location
n n n n n n
General Ledger: What would cause a JL journal entry to fail? -
n n n n n n n n n n n
CORRECT ANSWER Modifying template header titles
n n n n n n
General Ledger: What do you enable to require approvals for all transactions in a part
n n n n n n n n n n n n n n
icular journal? - CORRECT ANSWER Journal Entry approvals
n n n n n n n
General Ledger: What records are used to track non financial data, such as e
n n n n n n n n n n n n n
mployee headcount or the number of members? -
n n n n n n n
CORRECT ANSWER Statistical Accounts
n n n n
General Ledger: What process prevents entries and/or changes to a ledger for a specifi
n n n n n n n n n n n n n
c period? - CORRECT ANSWER Closing the books
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,General Ledger: Which type of journal entry is used for posting to a closed period?
n n n n n n n n n n n n n n
- CORRECT ANSWER Adjusting
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Purchasing: What enables to categorize items for the purpose of posting to specific G
n n n n n n n n n n n n n
L Accounts when using Advanced Workflows in the purchasing application? -
n n n n n n n n n n
CORRECT ANSWER Item GL Group
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Purchasing: PO for a certain qty of item, need to pay for lesser qty. What setting in the
n n n n n n n n n n n n n n n n n n
PO transaction definition controls how you would process this transaction? -
n n n n n n n n n n
CORRECT ANSWER Partial Conversion Handling
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Purchasing: What dimension represents goods or services purchased from a vendor
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? - CORRECT ANSWER Item
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Purchasing: How does the system determine what type of transactions require apro
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val, what approvals are required, and the sequence of approvals? -
n n n n n n n n n n
CORRECT ANSWER Approval Policies
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Purchasing: What transaction definition setting requires at least one debit/credit acc
n n n n n n n n n n
ount pair defined? -n n n
CORRECT ANSWER Transaction Posting set to Accounts Payable
n n n n n n n n
Accounts Receivables: What would you view to see all of the following
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information: customer aging info, amount due and amount paid, and total payments re
n n n n n n n n n n n n
ceived? - CORRECT ANSWER Statement
n n n n
Accounts Receivables: What transaction type decreases the amount a customer owe
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s you? - CORRECT ANSWER Credit memo
n n n n n n
,Accounts Receivables: What customer account type causes the system to apply custo
n n n n n n n n n n n
mer payments against the total balance due? - CORRECT ANSWER
n n n n n n n n n
Balance forward n
Accounts Receivables: What feature provides user-
n n n n n
friendly names for GL accounts when entering customer invoices? -
n n n n n n n n n
nCORRECT ANSWER Account Labels n n n
Accounts Receivables: What determines how customer discounts can be calculated o
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n the full transaction amount or total line items only? -
n n n n n n n n n n
CORRECT ANSWER AR Terms
n n n n
Accounts Receivables: How do you ensure Customer Invoices have no impact on the
n n n n n n n n n n n n n
General Ledger? - n n
CORRECT ANSWER Import AR Invoices and select historical posting
n n n n n n n n n
Accounts Receivables: How are new IDs or numbers automatically generated for cus
n n n n n n n n n n n
tomers and transactions? - CORRECT ANSWER Document Sequencer
n n n n n n n
Accounts Receivables: What accounts Receivable configuration option prevents you
n n n n n n n n n
from deleting updating invoices? -
n n n n
nCORRECT ANSWER Enable Reversal of Unpaid Invoices
n n n n n n
Accounts Receivables: Displaying tax and subtotal fields on customer Invoices is ava
n n n n n n n n n n n
ilable only if you have enabled what feature in AR Configuration? -
n n n n n n n n n n n
nCORRECT ANSWER Account Labels n n n
Accounts Receivables: How do you post an undeposited funds payment receipt to cas
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h in Accounts Receivables? - CORRECT ANSWER Create a deposit
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, Accounts Receivables: What field name must be unique when importing customers in
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a .csv import template? - CORRECT ANSWER CUST_NAME
n n n n n n n n
Time & Expense: What provides recognizable names to the G/L accounts used in exp
n n n n n n n n n n n n n
ense reports in the T&E application? - CORRECT ANSWER Expense types
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Time & Expense: What option enables approvals for paying employee expense report
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s? - CORRECT ANSWER Expense reports approvals
n n n n n n
Time & Expense: How is the manager field used in the employee information screen?
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- CORRECT ANSWER Vendor bill approval
n n n n n
Time & Expense: What record is tied to the employee dimensions so an employee can
n n n n n n n n n n n n n n n
submit their own expense reports from the T&E application? -
n n n n n n n n n
nCORRECT ANSWER User n n
Order Entry: What do sales orders, sales quotes, and sales invoices represent in the Or
n n n n n n n n n n n n n n
der Entry application? - CORRECT ANSWER Transaction Definitions
n n n n n n n
Order Entry: How are permissions used within the Order Entry application? -
n n n n n n n n n n n
nCORRECT ANSWER Restrict users to enter transactions within a specific transact
n n n n n n n n n n
ion definition n
Order Entry: When pricing items in sales transactions, the system determines the calc
n n n n n n n n n n n n
ulated amount of the line by using the unit price and the: -
n n n n n n n n n n n n
CORRECT ANSWER Unit of measure
n n n n n
Order Entry: What associates an Order Entry transaction with the appropriate icon on
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the overview map and with the applicable transaction menu grouping in the applicati
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on menu? - CORRECT ANSWER Workflow category
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