Module#3: Exploring and Using Other Features and Services of Sage 300

Question 1

What must you do before you can print?

A: Select Print Destination
B: Open Sage 300
C: Make sure the printer has proper paper

Answer 1

A: Select Print Destination

Question 2

Where is the Print Destination Command Located?

A: File
B: Edit
C: Insert

Answer 2

A: File

Question 3

What is included in the Print Destination Window?

A: Printer
B: Preview
C: File
D: Email
E: All of the Above

Answer 3

E: All of the Above

Question 4

what is in the paper section window?

A: Report Paper Size
B: Report Orientation
C: Use A4 in place of Letter
D: All of the Above

Answer 4

D: All of the Above

Question 5

What does the Default Paper Size Section do?

A: It shows you the paper that will be used
B: It’s where you can select the default paper size to used for reports
C: It lets you adjust the paper size to a new default

Answer 5

B: It’s where you can select the default paper size to used for reports

Question 6

In the Page Setup Window what does the Paper Section do?

A: You can select Paper size to be used for Reports
B: It lets you add paper to the reports
C: It shows you different sizes

Answer 6

A: You can select Paper size to be used for Reports

Question 7

In the Page Setup Window, what does the Source or Tray do?

A: Let’s you store paper
B: Let’s you change the printer cartridges
C: Helps you select the type of paper to use

Answer 7

A: Let’s you store paper

Question 8

in the Orientation Section what options can you choose?

A: Portrait
B: Landscape
C: Both

Answer 8

C: Both

Question 9

In the Margins Section what can be adjusted?

A: Left
B: Right
C: Top
D: Bottom
E: Both

Answer 9

E: Both

Question 10

Where are the General Ledger Reports located in?

A: The File Menu
B: G/L Reports Folder
C: The Accounts Folder

Answer 10

B: G/L Reports Folder

Question 11

The Export Report window let’s you save a report as a file, where is the icon to open the Export window?

A: Top left
B: Top Right
C: Bottom Left
D: Bottom Right

Answer 11

B: Top Right

Question 12

What does the Copy Icon do>

A: lets you copy selected texts and values
B: Let’s you paste selected texts and values
C: Let’s you select texts and values

Answer 12

A: lets you copy selected texts and values

Question 13

The Arrow Buttons let you:

A: move the page up and down
B: move the page left and right
C: let’s you navigate through the report

Answer 13

C: let’s you navigate through the report

Question 14

The G/L Chart of Accounts Report form allows you:

A: How your report will be sorted 
B: Select the format of your report, 
C: What to include and exclude in the report
D: Range of Acco
E: All of the Above

Answer 14

E: All of the Above

Question 15

The Detail Short Form displays a number of details about accounts: What are they?

A: Account Number
B: Description
C: Status
D: Account Type
E: Balance
F: Income Statement Accounts
G: All of the Above

Answer 15

G: All of the Above

Question 16

What does the Detail Long Form Displays?

A: All the Same info as the short form
B: Account Group
C: Close to Segment Data for income Statement Accounts
D: All of the Above

Answer 16

D: All of the Above

Question 17

Valid Currencies displays what?

A: Currencies for each multi-currency account
B: Currencies for all countries
C: Currencies not being used

Answer 17

A: Currencies for each multi-currency account

Question 18

Control Account Subledgers shows what?

A: The Control Accounts
B: The Corresponding ledgers
C: The G/L Ledger
D: A and B

Answer 18

D: A and B

Question 19

Fiscal Set Comparison compares the account balances of:

A: Two Fiscal Sets
B: Two Data Sets
C: Three Data Sets

Answer 19

A: Two Fiscal Sets

Question 20

Rollup accounts do what?

A: Prints all roll up and member accounts
B: let’s you open an old account
C: Prints all old accounts

Answer 20

A: Prints all roll up and member accounts

Question 21

Rollup Accounts use Detail short form format

A: True
B: False

Answer 21

A: True

Question 22

You can sort information by:

A: Account number
B: Segment
C: Account Group
D: All Three

Answer 22

D: All Three

Question 23

You don’t need to activate the G/L Subledger Services before activating other subledgers including Tax and Bank Services

A: True
B: False

Answer 23

B: False

Question 24

What does the G/L Subledger Services allow you to do?

A: Transfer Data in the form of batches
B: Make changes to the G/L Subledger
C: Let’s you create new Subledgers

Answer 24

B: Make changes to the G/L Subledger

Question 25

Tax Services is used to maintain tax information in: A: Accounts Payable Module B: Accounts Receivable Module C: All of the Above

Answer 25

C: All of the Above

Question 26

Tax Services is also used to maintain info regarding... A: Tax Authorities B: Tax Classes C: Tax Rates D: All of the Above

Answer 26

D: All of the Above

Question 27

Tax Services creates General Ledger Transactions for the Tax Accounts Involved A: True B: False

Answer 27

A: True

Question 28

Tax Services is also used to calculate taxes on A: Customer invoices B: Vendor Invoices C: Both

Answer 28

C: Both

Question 29

Bank Services is used to maintain bank info such as banks and bank transactions A: True B: False

Answer 29

A: True

Question 30

Any Transactions that involve bank accounts don't need to go through bank services A: True B: False

Answer 30

B: False

Question 31

Bank Account Transactions should be recorded in the General Ledger A: True B: False

Answer 31

B: False

Question 32

How is a G/L Subledger Service Activated? A: By Starting Sage 300 B: By Data Activation C: By going to the General Ledger

Answer 32

B: By Data Activation

Question 33

You can activate G/L Subledger, Tax and Bank Services at the same time but you cannot activate Tax and Bank Services before G/L Subledger Services A: True B: False

Answer 33

A: True

Question 34

What are Tax Services used for? A: To report Company's Tax info B: Specifics how your A/P and A/R keep track of tax data C: Both

Answer 34

C: Both

Question 35

Tax Authorities are? A: Government agencies that administer the taxes your company collects and pays B: People at the company who are in charge of inputting taxes C: The Taxes.

Answer 35

A: Government agencies that administer the taxes your company collects and pays

Question 36

You must create Tax Authorizes for each jurisdiction A: True B: False

Answer 36

A: True

Question 37

The Tax Liability Account is used to A: Enter Tax Codes B: Enter General Ledger Account C: Enter Sales

Answer 37

B: Enter General Ledger Account

Question 38

On the Profile Tab the Last Maintained field is updated manually A: True B: False

Answer 38

B: False

Question 39

What are Tax Rates? A: Based on Tax Classes defined for sales and purchases B: The Rate of Income Taxes C: What employees need to pay

Answer 39

A: Based on Tax Classes

Question 40

The account tab is used to enter what? A: To Show you all the Accounts B: Shows info about your G/L Accounts C: Let's you adjust all accounts

Answer 40

B: Shows info about your G/L Accounts

Question 41

The Tax Liability Account box is used to enter what? A: The G/L Account where the Sales taxes received from sales for this tax authority are posted B: How much will Tax liability cost the company C: A way to Subtract G/L Account to Tax Liability

Answer 41

A: The G/L Account where the Sales taxes received from sales for this tax authority are posted

Question 42

if the Tax is recorded as a separate expense you would check what? A: The Expense Separately Box B: The Revenue Box C: The Separate Box

Answer 42

A: The Expense Separately Box

Question 43

For each tax authority you create you must define the different types of tax classes for sales and purchases A: True B: False

Answer 43

A: True

Question 44

Tax Classes for sales are required for what module? A: Accounts Payable B: Accounts Receivable C: General Ledger

Answer 44

B: Accounts Receivable

Question 45

Tax Classes for purchases are required for what module? A: Accounts Payable B: Accounts Receivable C: General Ledger

Answer 45

A: Accounts Payable

Question 46

For sales you will enter tax classes for who and what? A: Customers and Items B: Customers and Vendors C: Vendors and Items

Answer 46

A: Customers and Items

Question 47

For Purchases you will enter tax classed for who and what? A: Customers and Items B: Customers and Vendors C: Vendors and Items

Answer 47

C: Vendors and Items

Question 48

Where are Tax Classes entered on? A: Tax Classes Form B: Tax Recast Form C: G/L Tax Form

Answer 48

The Tax Classes Form

Question 49

Tax Authorizes are assigned to tax groups based on the type of taxes and the rates applicable to their location A: True B: False

Answer 49

A: True

Question 50

You can create a separate tax group for each area where your company does business A: True B: False

Answer 50

A: True

Question 51

in the A/R module you assign each customer to a tax group A: True B: False

Answer 51

A: True

Question 52

In the A/P Module you assign each vendor to a tax group A: True B: False

Answer 52

A: True

Question 53

The Tax Authorities report lists the tax authorities defined for your company A: True B: False

Answer 53

A; True

Question 54

The Tax Classes Report lists all the customer and item classes or all vendor and item tax classes A: True B: False

Answer 54

A: True

Question 55

Tax Rates lists the tax rates added for customers, items, and/or vendors. A: True B: False

Answer 55

A: True

Question 56

The Tax Tracking report displays the tax charged on taxable transactions for the range of tax authorities selected A: True B: False

Answer 56

A: True

Question 57

Bank Services uses both Deposit info from A/R and Check info from A/P A: True B: False

Answer 57

A: True

Question 58

Bank Services can be used to: A: transfer funds from one bank account to another B: reverse checks entered in Accounts Payable C: return checks received from customers in Accounts Receivable D: track payments made in Accounts Payable E: track receipts made in Accounts Receivable F: reconcile bank accounts G: All of the Above

Answer 58

G: All of the Above

Question 59

Bank Accounts are added where? A: Bank Account Form B: Banks Form C: The United Banks

Answer 59

B: Banks Form

Question 60

What will you add in the Bank Form ``` A: General Ledger account information B: address data C: check information D: tax information E: can view balance F: account reconciliation data. G: All of the Above ```

Answer 60

G: All of the Above

Question 61

The Last Maintained field is maintained by Sage 300 and will show the system date when the record was added or last saved. A: True B: False

Answer 61

A: True

Question 62

When is it useful to select the inactive box in the Bank profile? A: If you want to prevent someone from using an account that is low on funds B: When you don't want to add anymore money to the account

Answer 62

A: If you want to prevent someone from using an account that is low on funds

Question 63

to delete a bank account you must make it inactive A: True B: False

Answer 63

A: True

Question 64

The Account number would normally include the branch number as well A: True B: False

Answer 64

A: True

Question 65

The Errors/Write-off Spread field lets you enter the maximum amount that will be automatically written off without investigating A: True B: False

Answer 65

A: True

Question 66

What is the Default for the Days before Eligible for clearing box? A: 30 Days B: 45 Days C: 60 Days

Answer 66

B: 45 Days

Question 67

in the Stock Type Column what options can you can select A: If Combined Check and Advice is selected the check and advice are printed on the same page. B: Selecting Checks then Advice's will result in the check and advice being printed on separate pages. C: Select Checks Only to only print checks or Advice's Only to only print advice's. D: If you selected to print checks, the Report file to be used to print the checks is entered in the Check Form column E: All of the Above

Answer 67

E: All of the Above

Question 68

The Advice Lines Per Page column is used for what? A: Enter Number of Detail lines to be printed on the advice portion of the Check B: Gives you advice on how to print C: Helps you with the Check

Answer 68

A: Enter Number of Detail lines to be printed on the advice portion of the Check

Question 69

Distribution codes aren't optional A: True B: False

Answer 69

B: False

Question 70

Distribution codes can be used to setup entries such as interest earned, bank service charges and payments deducted directly from your bank accounts A: True B: False

Answer 70

A: True

Question 71

All Credit Cards that will be used in sage 300 modules must be added in bank services A: True B: False

Answer 71

A: True

Question 72

You can make a credit card inactive at any time and can be done permanently or temporarily A: True B: False

Answer 72

A: True

Question 73

The Bank G/L Integration form is used to indicate how transactions created in Bank Services are prepared and sent to the General Ledger. A: True B: False

Answer 73

A: True

Question 74

The Bank G/L Integration form contains two tabs: Integration and Transactions. A: True B: False

Answer 74

A: True

Question 75

In the Create G/L Batches box, you can select when to create and send batches to the General Ledger A: True B: False

Answer 75

A: True

Question 76

When can you create and send batches to the general ledger? A: When you start sage 300 B: During Posting or on Request using the Create G/L Batch Icon C: When you are finished with the rest of the Batches

Answer 76

B: During Posting or on Request using the Create G/L Batch Icon

Question 77

In the Create G/L Transactions By box you can select how General Ledger transactions are created. A: False B: True

Answer 77

B: True

Question 78

You have the option to create a new batch or adding to an existing batch, A: False B: True

Answer 78

B: True

Question 79

You also have the option to create and post a new batch at the same time. A: False B: True

Answer 79

B: True

Question 80

The Consolidate G/L Batches box enables you to indicate how Bank Services transactions are sent to the General Ledger A: True B: False

Answer 80

A: True

Question 81

In the Consolidate G/L Batches box what options are there? A: Do not consolidate. B: Consolidate by Account and Fiscal Period C: Consolidate by Account, Fiscal Period, and Source. D: All of the Above

Answer 81

D: All of the Above

Question 82

On the Transactions tab, you can enter fields that you want sent from manually entered transactions in Bank Services to the General Ledger entry description, reference, and comments fields. A: True B: False

Answer 82

A: True

Question 83

What are the transaction types ``` A: Transfers B: Bank Entry C: Bank Entry Detail D: Bank Reconciliation E: All of the Above ```

Answer 83

E: All of the Above

Question 84

What is the Finder Tool? A: Way to lookup records B: Way to search for other ledgers C: Way to look for other accounts

Answer 84

A: Way to lookup records

Question 85

if the Auto Search Box is check what happens? A: Records show up automatically B: Records are displayed automatically as you are typing C: Records are shown soon as you start Sage 300

Answer 85

B: Records are displayed automatically as you are typing

Question 86

Whats one way to access Sage 300 Help Feature A: F2 B: F3 C: F1

Answer 86

C: F1

Question 87

What are the choices you can select when you select sage support? A: Knowledge Base B: Live Chat C: Both

Answer 87

C: Both, Knowledge Base and Live Chat