SAGE INTACCT Implementation Exam Prep Material
Newest 2025/2026 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
Accounts Receivables: How do you ensure Customer Invoices have no impact on
the General Ledger? - CORRECT ANSWER-Import AR Invoices and select historical
posting
, Accounts Receivables: How are new IDs or numbers automatically generated for
customers and transactions? - CORRECT ANSWER-Document Sequencer
Accounts Receivables: What accounts Receivable configuration option prevents
you from deleting updating invoices? - CORRECT 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? - CORRECT
ANSWER-Account Labels
Accounts Receivables: How do you post an undeposited funds payment receipt to
cash in Accounts Receivables? - CORRECT ANSWER-Create a deposit
Accounts Receivables: What field name must be unique when importing
customers in a .csv import template? - CORRECT ANSWER-CUST_NAME
Time & Expense: What provides recognizable names to the G/L accounts used in
expense reports in the T&E application? - CORRECT ANSWER-Expense types
Time & Expense: What option enables approvals for paying employee expense
reports? - CORRECT ANSWER-Expense reports approvals
Time & Expense: How is the manager field used in the employee information
screen? - CORRECT ANSWER-Vendor bill approval
Newest 2025/2026 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
Accounts Receivables: How do you ensure Customer Invoices have no impact on
the General Ledger? - CORRECT ANSWER-Import AR Invoices and select historical
posting
, Accounts Receivables: How are new IDs or numbers automatically generated for
customers and transactions? - CORRECT ANSWER-Document Sequencer
Accounts Receivables: What accounts Receivable configuration option prevents
you from deleting updating invoices? - CORRECT 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? - CORRECT
ANSWER-Account Labels
Accounts Receivables: How do you post an undeposited funds payment receipt to
cash in Accounts Receivables? - CORRECT ANSWER-Create a deposit
Accounts Receivables: What field name must be unique when importing
customers in a .csv import template? - CORRECT ANSWER-CUST_NAME
Time & Expense: What provides recognizable names to the G/L accounts used in
expense reports in the T&E application? - CORRECT ANSWER-Expense types
Time & Expense: What option enables approvals for paying employee expense
reports? - CORRECT ANSWER-Expense reports approvals
Time & Expense: How is the manager field used in the employee information
screen? - CORRECT ANSWER-Vendor bill approval
