SAGE INTACCT IMPLEMENTATION EXAM
2026/2027 BANK 2 VERSIONS QUESTIONS AND
ACCURATE ACTUAL EXAM WITH FREQUENTLY
TESTED QUESTIONS AND PRACTICE EXAM BANK 80
QUESTIONS / EXPERT VERIFIED FOR GUARANTEED
PASS/ALREADY GRADED A+
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
Pg. 1
,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
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
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
Pg. 2
,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
Pg. 3
, 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
Pg. 4
2026/2027 BANK 2 VERSIONS QUESTIONS AND
ACCURATE ACTUAL EXAM WITH FREQUENTLY
TESTED QUESTIONS AND PRACTICE EXAM BANK 80
QUESTIONS / EXPERT VERIFIED FOR GUARANTEED
PASS/ALREADY GRADED A+
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
Pg. 1
,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
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
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
Pg. 2
,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
Pg. 3
, 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
Pg. 4
