General Ledger/Cash
If a customer wants to only use certain departments on a journal entry when using a specific Location, what should you setup?
A Dimension Relationship
Once an AP Bill is selected for payment with a specific bank account and payment date, the bank account and payment date cannot be changed (T/F)
False – Both can be edited in the View Payment Request screen
What is the name of the template needed to automatically create an intercompany AP Bill from an intercompany AR Invoice?
Bill-Back Template
What costing method is used for stockable kits?
FIFO
Where do you add the Web Service Authorization for a 3rd Party Integration?
Security tab of Company Configuration
What transactions created by Intaact must be cleared in the first bank rec?
Auto Entry and Auto Contra
Which Preferred Payment Method acts as an automatic filter in the Pay Bills Screen?
ACH/Bank File
When receiving multiple physical customer checks that are deposited together in the same batch, what Account Type should be used in the Receive Payment screen?
Undeposited Funds Account
What are the two primary types of Billing Methods for a Project?
Time and Expense, and Fixed Fee
You can login directly to Intacct with a Web Service User ID and password (T/F)?
False
What configuration setting can you not disable after transactions are entered?
Enable Multi-Currency
When using the “Value Approval - Transaction Department” approval Rule Type, how many different departments can you have on your Purchasing transaction?
Only one. All lines must have the same Department
What has to be created before an AR Advance can be received?
Payment Summary
What is the inventory impact of a Sales Order?
Increases Onhold Quantity and Value
What is the keyboard command to insert a Mergefield on a custom document template?
CTRL-F9
If a Journal Entry is created by an approver what are the setup options for approval?
Submitter can approve own or Substitute Approver is needed.
If you want to limit who has access to Purchase Orders what should you setup?
Enable permissions for specific users/groups
Drop ship transactions automate the creation of what?
Purchase Order
When recognizing revenue on a fixed fee project, on which tab can you note the Observed Percent Complete?
Additional Info
When creating a smart event, name two of the four Actions that can be used.
Email, API, Log or Http Post
Can you post a Funds Transfer from a USD entity’s USD bank account to a EUR entity’s EUR bank account?
Yes, so long as the sending and receiving bank accounts are in the same currency as the entity base currency
If you have one Purchase Order with different printed doc templates for each entity, how do you assign the printed doc templates?
Entity Settings tab in the Transaction Definition
What is used to connect an Item to a GL account when posting an Order Entry transaction?
Item GL Group
Landed cost does which of the following:
Records Aircraft expenses related to landing
Allocates freight costs to item costs based on previously received goods
Supports recording of land development costs on capital projects
B
Before you can create a custom object what must you connect it to?
An application