Sage Intacct UPDATED ACTUAL Questions and CORRECT
Answers
Which application do you create a vendor in? accounts payable
Which application do you create a customer in? accounts receivable
General Ledger: What rolls an account's ending balance, non closing account
for each reporting period into the retained earnings
accounts, effectively making the balance forward for the
account zero?
General Ledger: What GL configuration option prevents enfore JE balancing
users from entering a journal entry or other transaction
that does not balance for the current dimension?
General Ledger: What do you enable to require journal entry approvals
approvals for all transactions in a particular journal?
General Ledger: Which type of journal entry is used for adjustment
posting to a closed period?
Accounts Receivables: What transaction type decreases credit memo
the amount a customer owes you?
Accounts Receivables: What transaction type increases debit memo
the amount a customer owes you?
Accounts Receivables: How do you post an undeposited create a deposit
funds payment receipt to cash in Accounts Receivables?
Reporting: How do you save a standard report with the memorize
present time periods, filters, and format settings?
Reporting: A good way to see if your account groups are view the account group hierarchy report
mapped correctly is to ...
Reporting: What rolls-up and organizes General Ledger account groups
Accounts, creates headings, subtotals and hierarchies in
reports, and is reusable across multiple reports?
Answers
Which application do you create a vendor in? accounts payable
Which application do you create a customer in? accounts receivable
General Ledger: What rolls an account's ending balance, non closing account
for each reporting period into the retained earnings
accounts, effectively making the balance forward for the
account zero?
General Ledger: What GL configuration option prevents enfore JE balancing
users from entering a journal entry or other transaction
that does not balance for the current dimension?
General Ledger: What do you enable to require journal entry approvals
approvals for all transactions in a particular journal?
General Ledger: Which type of journal entry is used for adjustment
posting to a closed period?
Accounts Receivables: What transaction type decreases credit memo
the amount a customer owes you?
Accounts Receivables: What transaction type increases debit memo
the amount a customer owes you?
Accounts Receivables: How do you post an undeposited create a deposit
funds payment receipt to cash in Accounts Receivables?
Reporting: How do you save a standard report with the memorize
present time periods, filters, and format settings?
Reporting: A good way to see if your account groups are view the account group hierarchy report
mapped correctly is to ...
Reporting: What rolls-up and organizes General Ledger account groups
Accounts, creates headings, subtotals and hierarchies in
reports, and is reusable across multiple reports?
