SAGE INTACCT IMPLEMENTATION ACTUAL TEST 2026-2027
COMPLETE ACCURATE TEST QUESTIONS AND CORRECT DETAILED
ANSWERS (100% CORRECT VERIFIED SOLUTIONS) A NEW
UPDATED VERSION |ALREADY GRADED A+
General Ledger: What process prevents entries and/or changes to
a ledger for a specific period?
Closing the books
General Ledger: Which type of journal entry is used for posting to a
closed period?
Adjusting
Purchasing: What enables to categorize items for the purpose of
posting to specific GL Accounts when using Advanced Workflows in
the purchasing
application?
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?
Partial Conversion Handling
Purchasing: What dimension represents goods or services purchased
from a vendor?
Item
Purchasing: How does the system determine what type of
transactions require aproval, what approvals are required, and the
sequence of
approvals?
Approval Policies
Purchasing: What transaction definition setting requires at least one
debit/credit account pair defined?
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?
Statement
, Accounts Receivables: What transaction type decreases the amount a
customer owes you?
Credit memo
Accounts Receivables: What customer account type causes the
system to apply customer payments against the total balance
due?
Balance forward
Accounts Receivables: What feature provides user-friendly names for
GL accounts when entering customer invoices?
Account Labels
Accounts Receivables: What determines how customer discounts can
be calculated on the full transaction amount or total line items only?
AR Terms
Accounts Receivables: How do you ensure Customer Invoices have
no impact on the General Ledger?
Import AR Invoices and select historical posting
COMPLETE ACCURATE TEST QUESTIONS AND CORRECT DETAILED
ANSWERS (100% CORRECT VERIFIED SOLUTIONS) A NEW
UPDATED VERSION |ALREADY GRADED A+
General Ledger: What process prevents entries and/or changes to
a ledger for a specific period?
Closing the books
General Ledger: Which type of journal entry is used for posting to a
closed period?
Adjusting
Purchasing: What enables to categorize items for the purpose of
posting to specific GL Accounts when using Advanced Workflows in
the purchasing
application?
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?
Partial Conversion Handling
Purchasing: What dimension represents goods or services purchased
from a vendor?
Item
Purchasing: How does the system determine what type of
transactions require aproval, what approvals are required, and the
sequence of
approvals?
Approval Policies
Purchasing: What transaction definition setting requires at least one
debit/credit account pair defined?
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?
Statement
, Accounts Receivables: What transaction type decreases the amount a
customer owes you?
Credit memo
Accounts Receivables: What customer account type causes the
system to apply customer payments against the total balance
due?
Balance forward
Accounts Receivables: What feature provides user-friendly names for
GL accounts when entering customer invoices?
Account Labels
Accounts Receivables: What determines how customer discounts can
be calculated on the full transaction amount or total line items only?
AR Terms
Accounts Receivables: How do you ensure Customer Invoices have
no impact on the General Ledger?
Import AR Invoices and select historical posting
