Sage Intacct Implementation Exam Real
Exam 2026 | Complete Questions and
Correct Answers (Verified Answers) |
Brand New Version!
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? ---------CORRECT 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? ---------CORRECT ANSWER-----------------Enforce
JE balancing
General Ledger: What does an entity translate to for transacting in a
multi-entity shared environment? ---------CORRECT ANSWER----------------
-Location
General Ledger: What would cause a JL journal entry to fail? ---------
CORRECT ANSWER-----------------Modifying template header titles
,General Ledger: What do you enable to require approvals for all
transactions in a particular journal? ---------CORRECT ANSWER-------------
----Journal Entry approvals
General Ledger: What records are used to track non financial data, such
as employee headcount or the number of members? ---------CORRECT
ANSWER-----------------Statistical Accounts
General Ledger: What process prevents entries and/or changes to a
ledger for a specific period? ---------CORRECT ANSWER-----------------
Closing the books
General Ledger: Which type of journal entry is used for posting to a
closed period? ---------CORRECT 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? ---------CORRECT 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? ---------CORRECT ANSWER-----------------Partial
Conversion Handling
Purchasing: What dimension represents goods or services purchased
from a vendor? ---------CORRECT ANSWER-----------------Item
Purchasing: How does the system determine what type of transactions
require aproval, what approvals are required, and the sequence of
approvals? ---------CORRECT ANSWER-----------------Approval Policies
Purchasing: What transaction definition setting requires at least one
debit/credit account pair defined? ---------CORRECT 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? ---------CORRECT ANSWER-----------------
Statement
Accounts Receivables: What transaction type decreases the amount a
customer owes you? ---------CORRECT ANSWER-----------------Credit
memo
Accounts Receivables: What customer account type causes the system
to apply customer payments against the total balance due? ---------
CORRECT ANSWER-----------------Balance forward
Accounts Receivables: What feature provides user-friendly names for
GL accounts when entering customer invoices? ---------CORRECT
ANSWER-----------------Account Labels
Accounts Receivables: What determines how customer discounts can
be calculated on the full transaction amount or total line items only? ---
------CORRECT ANSWER-----------------AR Terms
Exam 2026 | Complete Questions and
Correct Answers (Verified Answers) |
Brand New Version!
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? ---------CORRECT 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? ---------CORRECT ANSWER-----------------Enforce
JE balancing
General Ledger: What does an entity translate to for transacting in a
multi-entity shared environment? ---------CORRECT ANSWER----------------
-Location
General Ledger: What would cause a JL journal entry to fail? ---------
CORRECT ANSWER-----------------Modifying template header titles
,General Ledger: What do you enable to require approvals for all
transactions in a particular journal? ---------CORRECT ANSWER-------------
----Journal Entry approvals
General Ledger: What records are used to track non financial data, such
as employee headcount or the number of members? ---------CORRECT
ANSWER-----------------Statistical Accounts
General Ledger: What process prevents entries and/or changes to a
ledger for a specific period? ---------CORRECT ANSWER-----------------
Closing the books
General Ledger: Which type of journal entry is used for posting to a
closed period? ---------CORRECT 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? ---------CORRECT 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? ---------CORRECT ANSWER-----------------Partial
Conversion Handling
Purchasing: What dimension represents goods or services purchased
from a vendor? ---------CORRECT ANSWER-----------------Item
Purchasing: How does the system determine what type of transactions
require aproval, what approvals are required, and the sequence of
approvals? ---------CORRECT ANSWER-----------------Approval Policies
Purchasing: What transaction definition setting requires at least one
debit/credit account pair defined? ---------CORRECT 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? ---------CORRECT ANSWER-----------------
Statement
Accounts Receivables: What transaction type decreases the amount a
customer owes you? ---------CORRECT ANSWER-----------------Credit
memo
Accounts Receivables: What customer account type causes the system
to apply customer payments against the total balance due? ---------
CORRECT ANSWER-----------------Balance forward
Accounts Receivables: What feature provides user-friendly names for
GL accounts when entering customer invoices? ---------CORRECT
ANSWER-----------------Account Labels
Accounts Receivables: What determines how customer discounts can
be calculated on the full transaction amount or total line items only? ---
------CORRECT ANSWER-----------------AR Terms
