Sage Intacct Implementation |73 Questions| With Correct Answers.

Accounts Payable: AP approvals are based on what amount? {Ans: Bill Amount}Cash Management: What field in a checking account keeps transactions separate when you reconcile accounts and must be unique {Ans: GL account}Purchasing: What transaction definition setting requires at least one debit/credit account pair defined? {Ans: Transaction Posting set to Accounts Payable}Accounts Payable: What record separates cash and accrual transactions for reporting in the AP configuration screen? {Ans: Journals}Order Entry: What happens when advanced Workflow is enabled in the Order Entry application? {Ans: Advanced workflow is enabled in the Order Entry, Purchasing, and Inventory applications}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? {Ans: Partial Conversion Handling}Order Entry: What can automatically default item prices in an Order Entry sales invoice when assigned to the transaction definition? {Ans: Price lists}Accounts Receivables: What determines how customer discounts can be calculated on the full transaction amount or total line items only? {Ans: AR Terms}Company: What type of user can add a journal entry in the system? {Ans: Business User}Accounts Receivables: How are new IDs or