SAGE INTACCT IMPLEMENTATION
REAL EXAM 2026 WITH CORRECT
ANSWERS
General Ledger: What would cause a JL journal entry to fail? - answer- Modifying
template header titles
General Ledger: What do you enable to require approvals for all transactions in a particular
journal? - answer- Journal Entry approvals
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? -
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? - answer- Enforce JE
balancing
General Ledger: What does an entity translate to for transacting in a multi-entity shared
environment? - answer- Location
General Ledger: What records are used to track non financial data, such as employee headcount
or the number of members? - answer- Statistical Accounts
, General Ledger: What process prevents entries and/or changes to a ledger for a specific period?
- answer- Closing the books
General Ledger: Which type of journal entry is used for posting to a closed period? - 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? - answer- Item GL Group
Accounts Receivables: What transaction type decreases the amount a customer owes you? -
answer- Credit memo
Accounts Receivables: What customer account type causes the system to apply customer
payments against the total balance due? - answer- Balance forward
Accounts Receivables: What feature provides user-friendly names for GL accounts when
entering customer invoices? - answer- Account Labels
Accounts Receivables: What determines how customer discounts can be calculated on the full
transaction amount or total line items only? - answer- AR Terms
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? - answer- Partial
Conversion Handling
Purchasing: What dimension represents goods or services purchased from a vendor? - answer-
Item
REAL EXAM 2026 WITH CORRECT
ANSWERS
General Ledger: What would cause a JL journal entry to fail? - answer- Modifying
template header titles
General Ledger: What do you enable to require approvals for all transactions in a particular
journal? - answer- Journal Entry approvals
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? -
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? - answer- Enforce JE
balancing
General Ledger: What does an entity translate to for transacting in a multi-entity shared
environment? - answer- Location
General Ledger: What records are used to track non financial data, such as employee headcount
or the number of members? - answer- Statistical Accounts
, General Ledger: What process prevents entries and/or changes to a ledger for a specific period?
- answer- Closing the books
General Ledger: Which type of journal entry is used for posting to a closed period? - 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? - answer- Item GL Group
Accounts Receivables: What transaction type decreases the amount a customer owes you? -
answer- Credit memo
Accounts Receivables: What customer account type causes the system to apply customer
payments against the total balance due? - answer- Balance forward
Accounts Receivables: What feature provides user-friendly names for GL accounts when
entering customer invoices? - answer- Account Labels
Accounts Receivables: What determines how customer discounts can be calculated on the full
transaction amount or total line items only? - answer- AR Terms
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? - answer- Partial
Conversion Handling
Purchasing: What dimension represents goods or services purchased from a vendor? - answer-
Item
