Sage Intacct Implementation 73 Correctly Answered Questions Latest Update

Cash Management: What field in a checking account keeps transactions separate when you reconcile accounts and must be unique {Ans: GL account}Order Entry: Where on the item information screen would you specify an item is restricted for use in Order Entry transactions only? {Ans: Item Type}Reporting: What field in the GL accounts screen ensures the account's balance flows through to the system's pre-defined QuickStart financial reports? {Ans: Account Category}Company: If a business user is assigned a role with permissions to approve employee expenses and another role to enter vendor bills, what functions will that user be able to perform in the system? {Ans: Approve Expenses and Enter Bills}Purchasing: How does the system determine what type of transactions require aproval, what approvals are required, and the sequence of approvals? {Ans: Approval Policies}Accounts Receivables: What customer account type causes the system to apply customer payments against the total balance due? {Ans: Balance forward}