Sage Intacct
Implementation Exam
2025/2026 | Actual Exam
with Complete Questions
and CORRECT VERIFIED
Answers GRADED A+
General Ledger: What does an entity translate to for transacting in a multi-entity shared
environment? - ANSWERS-Location
General Ledger: What would cause a JL journal entry to fail? - ANSWERS-Modifying
template header titles
General Ledger: What do you enable to require approvals for all transactions in a
particular journal? - ANSWERS-Journal Entry approvals
General Ledger: What records are used to track non financial data, such as employee
headcount or the number of members? - ANSWERS-Statistical Accounts
, General Ledger: What process prevents entries and/or changes to a ledger for a
specific period? - ANSWERS-Closing the books
General Ledger: Which type of journal entry is used for posting to a closed period? -
ANSWERS-Adjusting
Purchasing: What enables to categorize items for the purpose of posting to specific GL
Accounts when using Advanced Workflows in the purchasing application? - ANSWERS-
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? -
ANSWERS-Partial Conversion Handling
Purchasing: What dimension represents goods or services purchased from a vendor? -
ANSWERS-Item
Purchasing: How does the system determine what type of transactions require aproval,
what approvals are required, and the sequence of approvals? - ANSWERS-Approval
Policies
Purchasing: What transaction definition setting requires at least one debit/credit account
pair defined? - ANSWERS-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? -
ANSWERS-Statement
Accounts Receivables: What transaction type decreases the amount a customer owes
you? - ANSWERS-Credit memo
Accounts Receivables: What customer account type causes the system to apply
customer payments against the total balance due? - ANSWERS-Balance forward
Accounts Receivables: What feature provides user-friendly names for GL accounts
when entering customer invoices? - ANSWERS-Account Labels
Accounts Receivables: What determines how customer discounts can be calculated on
the full transaction amount or total line items only? - ANSWERS-AR Terms
Accounts Receivables: How do you ensure Customer Invoices have no impact on the
General Ledger? - ANSWERS-Import AR Invoices and select historical posting
Accounts Receivables: How are new IDs or numbers automatically generated for
customers and transactions? - ANSWERS-Document Sequencer
Implementation Exam
2025/2026 | Actual Exam
with Complete Questions
and CORRECT VERIFIED
Answers GRADED A+
General Ledger: What does an entity translate to for transacting in a multi-entity shared
environment? - ANSWERS-Location
General Ledger: What would cause a JL journal entry to fail? - ANSWERS-Modifying
template header titles
General Ledger: What do you enable to require approvals for all transactions in a
particular journal? - ANSWERS-Journal Entry approvals
General Ledger: What records are used to track non financial data, such as employee
headcount or the number of members? - ANSWERS-Statistical Accounts
, General Ledger: What process prevents entries and/or changes to a ledger for a
specific period? - ANSWERS-Closing the books
General Ledger: Which type of journal entry is used for posting to a closed period? -
ANSWERS-Adjusting
Purchasing: What enables to categorize items for the purpose of posting to specific GL
Accounts when using Advanced Workflows in the purchasing application? - ANSWERS-
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? -
ANSWERS-Partial Conversion Handling
Purchasing: What dimension represents goods or services purchased from a vendor? -
ANSWERS-Item
Purchasing: How does the system determine what type of transactions require aproval,
what approvals are required, and the sequence of approvals? - ANSWERS-Approval
Policies
Purchasing: What transaction definition setting requires at least one debit/credit account
pair defined? - ANSWERS-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? -
ANSWERS-Statement
Accounts Receivables: What transaction type decreases the amount a customer owes
you? - ANSWERS-Credit memo
Accounts Receivables: What customer account type causes the system to apply
customer payments against the total balance due? - ANSWERS-Balance forward
Accounts Receivables: What feature provides user-friendly names for GL accounts
when entering customer invoices? - ANSWERS-Account Labels
Accounts Receivables: What determines how customer discounts can be calculated on
the full transaction amount or total line items only? - ANSWERS-AR Terms
Accounts Receivables: How do you ensure Customer Invoices have no impact on the
General Ledger? - ANSWERS-Import AR Invoices and select historical posting
Accounts Receivables: How are new IDs or numbers automatically generated for
customers and transactions? - ANSWERS-Document Sequencer
