SAGE INTACCT IMPLEMENTATION ACTUAL 2025/2026 LATEST UPDATE

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SAGE INTACCT IMPLEMENTATION ACTUAL 2025/2026 QUESTIONS AND 100% CORRECT ANSWERS 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? - Answer -Non-closing accounts General Ledger: What GL configuration option prevents users from entering a journal entry or other transaction that does not balance for the current dimension? - Answer -Enforce JE balancing General Ledger: What does an entity translate to for transacting in a multi-entity shared environment? - Answer -Location General Ledger: What would cause a JL journal entry to fail? - Answer -Modifying template header titles General Ledger: What do you enable to require approvals for all transactions in a particular journal? - Answer -Journal Entry approvals General Ledger: What records are used to track non financial data, such as employee headcount or the number of members? - Answer -Statistical Accounts General Ledger: What process prevents entries and/or changes to a ledger for a specific period? - Answer -Closing the books General Ledger: Which type of journal entry is used for posting to a closed period? Need assistance on Online classes, Exams & Assignments? Reach out for instant help!! Full Course Assistance, Plagiarism-free Essay Writing, Research Paper, Dissertation, Discussion Posts, etc…. Confidential & Secure services. Tutors are available for all subjects! Email now at: tutorjean01@gmail.com - Answer -Adjusting Purchasing: What enables to categorize items for the purpose of posting to specific GL Accounts when using Advanced Workflows in the purchasing application? - 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? - Answer -Partial Conversion Handling Purchasing: What dimension represents goods or services purchased from a vendor? - Answer -Item Purchasing: How does the system determine what type of transactions require aproval, what approvals are required, and the sequence of approvals? - Answer -Approval Policies Purchasing: What transaction definition setting requires at least one debit/credit account pair defined? - 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? - Answer -Statement Accounts Receivables: What transaction type decreases the amount a customer owes you? - Answer -Credit memo Accounts Receivables: What customer account type causes the system to apply customer payments against the total balance due? - Answer -Balance forward Accounts Receivables: What feature provides user-friendly names for GL accounts when entering customer invoices? Need assistance on Online classes, Exams & Assignments? Reach out for instant help!! Full Course Assistance, Plagiarism-free Essay Writing, Research Paper, Dissertation, Discussion Posts, etc…. Confidential & Secure services. Tutors are available for all subjects! Email now at: tutorjean01@gmail.com