Sage Intacct Implementation Exam
Questions and Answers
General iiLedger: iiWhat iirolls iian iiaccount's iiending iibalance, iifor iieach iireporting iiperiod
iiinto iithe iiretained iiearnings iiaccounts, iieffectively iimaking iithe iibalance iiforward iifor iithe
iiaccount iizero? ii- iiAnswers ii-Non-closing iiaccounts
General iiLedger: iiWhat iiGL iiconfiguration iioption iiprevents iiusers iifrom iientering iia
iijournal iientry iior iiother iitransaction iithat iidoes iinot iibalance iifor iithe iicurrent iidimension?
ii- iiAnswers ii-Enforce iiJE iibalancing
General iiLedger: iiWhat iidoes iian iientity iitranslate iito iifor iitransacting iiin iia iimulti-entity
iishared iienvironment? ii- iiAnswers ii-Location
General iiLedger: iiWhat iiwould iicause iia iiJL iijournal iientry iito iifail? ii- iiAnswers ii-
Modifying iitemplate iiheader iititles
General iiLedger: iiWhat iido iiyou iienable iito iirequire iiapprovals iifor iiall iitransactions iiin iia
iiparticular iijournal? ii- iiAnswers ii-Journal iiEntry iiapprovals
General iiLedger: iiWhat iirecords iiare iiused iito iitrack iinon iifinancial iidata, iisuch iias
iiemployee iiheadcount iior iithe iinumber iiof iimembers? ii- iiAnswers ii-Statistical iiAccounts
General iiLedger: iiWhat iiprocess iiprevents iientries iiand/or iichanges iito iia iiledger iifor iia
iispecific iiperiod? ii- iiAnswers ii-Closing iithe iibooks
General iiLedger: iiWhich iitype iiof iijournal iientry iiis iiused iifor iiposting iito iia iiclosed
iiperiod? ii- iiAnswers ii-Adjusting
Purchasing: iiWhat iienables iito iicategorize iiitems iifor iithe iipurpose iiof iiposting iito
iispecific iiGL iiAccounts iiwhen iiusing iiAdvanced iiWorkflows iiin iithe iipurchasing
iiapplication? ii- iiAnswers ii-Item iiGL iiGroup
Purchasing: iiPO iifor iia iicertain iiqty iiof iiitem, iineed iito iipay iifor iilesser iiqty. iiWhat iisetting
iiin iithe iiPO iitransaction iidefinition iicontrols iihow iiyou iiwould iiprocess iithis iitransaction? ii-
iiAnswers ii-Partial iiConversion iiHandling
Purchasing: iiWhat iidimension iirepresents iigoods iior iiservices iipurchased iifrom iia
iivendor? ii- iiAnswers ii-Item
, Purchasing: iiHow iidoes iithe iisystem iidetermine iiwhat iitype iiof iitransactions iirequire
iiaproval, iiwhat iiapprovals iiare iirequired, iiand iithe iisequence iiof iiapprovals? ii- iiAnswers
ii-Approval iiPolicies
Purchasing: iiWhat iitransaction iidefinition iisetting iirequires iiat iileast iione iidebit/credit
iiaccount iipair iidefined? ii- iiAnswers ii-Transaction iiPosting iiset iito iiAccounts iiPayable
Accounts iiReceivables: iiWhat iiwould iiyou iiview iito iisee iiall iiof iithe iifollowing iiinformation:
iicustomer iiaging iiinfo, iiamount iidue iiand iiamount iipaid, iiand iitotal iipayments iireceived?
ii- iiAnswers ii-Statement
Accounts iiReceivables: iiWhat iitransaction iitype iidecreases iithe iiamount iia iicustomer
iiowes iiyou? ii- iiAnswers ii-Credit iimemo
Accounts iiReceivables: iiWhat iicustomer iiaccount iitype iicauses iithe iisystem iito iiapply
iicustomer iipayments iiagainst iithe iitotal iibalance iidue? ii- iiAnswers ii-Balance iiforward
Accounts iiReceivables: iiWhat iifeature iiprovides iiuser-friendly iinames iifor iiGL iiaccounts
iiwhen iientering iicustomer iiinvoices? ii- iiAnswers ii-Account iiLabels
Accounts iiReceivables: iiWhat iidetermines iihow iicustomer iidiscounts iican iibe iicalculated
iion iithe iifull iitransaction iiamount iior iitotal iiline iiitems iionly? ii- iiAnswers ii-AR iiTerms
Accounts iiReceivables: iiHow iido iiyou iiensure iiCustomer iiInvoices iihave iino iiimpact iion
iithe iiGeneral iiLedger? ii- iiAnswers ii-Import iiAR iiInvoices iiand iiselect iihistorical iiposting
Accounts iiReceivables: iiHow iiare iinew iiIDs iior iinumbers iiautomatically iigenerated iifor
iicustomers iiand iitransactions? ii- iiAnswers ii-Document iiSequencer
Accounts iiReceivables: iiWhat iiaccounts iiReceivable iiconfiguration iioption iiprevents iiyou
iifrom iideleting iiupdating iiinvoices? ii- iiAnswers ii-Enable iiReversal iiof iiUnpaid iiInvoices
Accounts iiReceivables: iiDisplaying iitax iiand iisubtotal iifields iion iicustomer iiInvoices iiis
iiavailable iionly iiif iiyou iihave iienabled iiwhat iifeature iiin iiAR iiConfiguration? ii- iiAnswers ii-
Account iiLabels
Accounts iiReceivables: iiHow iido iiyou iipost iian iiundeposited iifunds iipayment iireceipt iito
iicash iiin iiAccounts iiReceivables? ii- iiAnswers ii-Create iia iideposit
Accounts iiReceivables: iiWhat iifield iiname iimust iibe iiunique iiwhen iiimporting iicustomers
iiin iia ii.csv iiimport iitemplate? ii- iiAnswers ii-CUST_NAME
Time ii& iiExpense: iiWhat iiprovides iirecognizable iinames iito iithe iiG/L iiaccounts iiused iiin
iiexpense iireports iiin iithe iiT&E iiapplication? ii- iiAnswers ii-Expense iitypes
Questions and Answers
General iiLedger: iiWhat iirolls iian iiaccount's iiending iibalance, iifor iieach iireporting iiperiod
iiinto iithe iiretained iiearnings iiaccounts, iieffectively iimaking iithe iibalance iiforward iifor iithe
iiaccount iizero? ii- iiAnswers ii-Non-closing iiaccounts
General iiLedger: iiWhat iiGL iiconfiguration iioption iiprevents iiusers iifrom iientering iia
iijournal iientry iior iiother iitransaction iithat iidoes iinot iibalance iifor iithe iicurrent iidimension?
ii- iiAnswers ii-Enforce iiJE iibalancing
General iiLedger: iiWhat iidoes iian iientity iitranslate iito iifor iitransacting iiin iia iimulti-entity
iishared iienvironment? ii- iiAnswers ii-Location
General iiLedger: iiWhat iiwould iicause iia iiJL iijournal iientry iito iifail? ii- iiAnswers ii-
Modifying iitemplate iiheader iititles
General iiLedger: iiWhat iido iiyou iienable iito iirequire iiapprovals iifor iiall iitransactions iiin iia
iiparticular iijournal? ii- iiAnswers ii-Journal iiEntry iiapprovals
General iiLedger: iiWhat iirecords iiare iiused iito iitrack iinon iifinancial iidata, iisuch iias
iiemployee iiheadcount iior iithe iinumber iiof iimembers? ii- iiAnswers ii-Statistical iiAccounts
General iiLedger: iiWhat iiprocess iiprevents iientries iiand/or iichanges iito iia iiledger iifor iia
iispecific iiperiod? ii- iiAnswers ii-Closing iithe iibooks
General iiLedger: iiWhich iitype iiof iijournal iientry iiis iiused iifor iiposting iito iia iiclosed
iiperiod? ii- iiAnswers ii-Adjusting
Purchasing: iiWhat iienables iito iicategorize iiitems iifor iithe iipurpose iiof iiposting iito
iispecific iiGL iiAccounts iiwhen iiusing iiAdvanced iiWorkflows iiin iithe iipurchasing
iiapplication? ii- iiAnswers ii-Item iiGL iiGroup
Purchasing: iiPO iifor iia iicertain iiqty iiof iiitem, iineed iito iipay iifor iilesser iiqty. iiWhat iisetting
iiin iithe iiPO iitransaction iidefinition iicontrols iihow iiyou iiwould iiprocess iithis iitransaction? ii-
iiAnswers ii-Partial iiConversion iiHandling
Purchasing: iiWhat iidimension iirepresents iigoods iior iiservices iipurchased iifrom iia
iivendor? ii- iiAnswers ii-Item
, Purchasing: iiHow iidoes iithe iisystem iidetermine iiwhat iitype iiof iitransactions iirequire
iiaproval, iiwhat iiapprovals iiare iirequired, iiand iithe iisequence iiof iiapprovals? ii- iiAnswers
ii-Approval iiPolicies
Purchasing: iiWhat iitransaction iidefinition iisetting iirequires iiat iileast iione iidebit/credit
iiaccount iipair iidefined? ii- iiAnswers ii-Transaction iiPosting iiset iito iiAccounts iiPayable
Accounts iiReceivables: iiWhat iiwould iiyou iiview iito iisee iiall iiof iithe iifollowing iiinformation:
iicustomer iiaging iiinfo, iiamount iidue iiand iiamount iipaid, iiand iitotal iipayments iireceived?
ii- iiAnswers ii-Statement
Accounts iiReceivables: iiWhat iitransaction iitype iidecreases iithe iiamount iia iicustomer
iiowes iiyou? ii- iiAnswers ii-Credit iimemo
Accounts iiReceivables: iiWhat iicustomer iiaccount iitype iicauses iithe iisystem iito iiapply
iicustomer iipayments iiagainst iithe iitotal iibalance iidue? ii- iiAnswers ii-Balance iiforward
Accounts iiReceivables: iiWhat iifeature iiprovides iiuser-friendly iinames iifor iiGL iiaccounts
iiwhen iientering iicustomer iiinvoices? ii- iiAnswers ii-Account iiLabels
Accounts iiReceivables: iiWhat iidetermines iihow iicustomer iidiscounts iican iibe iicalculated
iion iithe iifull iitransaction iiamount iior iitotal iiline iiitems iionly? ii- iiAnswers ii-AR iiTerms
Accounts iiReceivables: iiHow iido iiyou iiensure iiCustomer iiInvoices iihave iino iiimpact iion
iithe iiGeneral iiLedger? ii- iiAnswers ii-Import iiAR iiInvoices iiand iiselect iihistorical iiposting
Accounts iiReceivables: iiHow iiare iinew iiIDs iior iinumbers iiautomatically iigenerated iifor
iicustomers iiand iitransactions? ii- iiAnswers ii-Document iiSequencer
Accounts iiReceivables: iiWhat iiaccounts iiReceivable iiconfiguration iioption iiprevents iiyou
iifrom iideleting iiupdating iiinvoices? ii- iiAnswers ii-Enable iiReversal iiof iiUnpaid iiInvoices
Accounts iiReceivables: iiDisplaying iitax iiand iisubtotal iifields iion iicustomer iiInvoices iiis
iiavailable iionly iiif iiyou iihave iienabled iiwhat iifeature iiin iiAR iiConfiguration? ii- iiAnswers ii-
Account iiLabels
Accounts iiReceivables: iiHow iido iiyou iipost iian iiundeposited iifunds iipayment iireceipt iito
iicash iiin iiAccounts iiReceivables? ii- iiAnswers ii-Create iia iideposit
Accounts iiReceivables: iiWhat iifield iiname iimust iibe iiunique iiwhen iiimporting iicustomers
iiin iia ii.csv iiimport iitemplate? ii- iiAnswers ii-CUST_NAME
Time ii& iiExpense: iiWhat iiprovides iirecognizable iinames iito iithe iiG/L iiaccounts iiused iiin
iiexpense iireports iiin iithe iiT&E iiapplication? ii- iiAnswers ii-Expense iitypes
