IMPLEMENTING SAGE INTACCT 2024-
2025 ACTUAL EXAM COMPLETE
QUESTIONS AND CORRECT DETAILED
ANSWERS (VERIFIED ANSWERS)
|ALREADY GRADED A
ME-001: Intercompany transactions
Requirement: Requirement: System should
automatically record an intercompany due
to/due from transaction when one entity
pays a bill that belongs to another entity.
1. Solution type
a. Standard functionality
b. Workaround
c. Marketplace solution - ANSWER-a.
Standard functionality
ME-001: Intercompany transactions
Requirement: System should automatically
record an intercompany due to/due from
transaction when one entity pays a bill that
belongs to another entity.
Where solution is found in Sage Intacct (if
applicable) - ANSWER-Company > Setup >
Configuration > Entities
ME-001: Intercompany transactions
Requirement: System should automatically
record an intercompany due to/due from
transaction when one entity pays a bill that
belongs to another entity.
Solution Description - ANSWER-The journal
entry is automatically created based on the
settings defined on the Inter-entity Setup
page. Related permissions: Company >
Entities: List, View, Add, Edit, Delete
ME-002: User access
Requirement: System should support
restricting users to viewing and entering
data in specific entities.
Solution type
a. Standard functionality
b. Workaround
c. Marketplace solution - ANSWER-Standard
functionality
ME-002: User access
Requirement: System should support
restricting users to viewing and entering
data in specific entities.
Where solution is found in Sage Intacct (if
applicable) - ANSWER-Company > Admin >
Users, roles & groups > Users
ME-002: User access
Requirement: System should support
restricting users to viewing and entering
data in specific entities.
Solution Description - ANSWER-On the User
Entity tab, users can be restricted to only
access and record data for specific entities.
Related permissions: Administrative
Permissions > Users: List, View, Add, Edit,
Delete, Permissions
GL-001: Accounts
Requirements: System should allow specific
users to create, edit, and delete General
Ledger accounts.
Solution type
a. Standard functionality
b. Workaround
c. Marketplace solution - ANSWER-a.
Standard functionali
GL-001: Accounts
Requirements: System should allow specific
users to create, edit, and delete General
Ledger accounts.
Where solution is found in Sage Intacct (if
applicable) - ANSWER-General Ledger > All
> Accounts > General Ledger Accounts
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