Implementing Sage Intacct UPDATED ACTUAL Questions and
CORRECT Answers
ME-001: Intercompany transactions a. Standard functionality
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
ME-001: Intercompany transactions Company > Setup > Configuration > Entities
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)
ME-001: Intercompany transactions The journal entry is automatically created based on the settings defined on the
Requirement: System should automatically record an Inter-entity Setup page. Related permissions: Company > Entities: List, View, Add,
intercompany due to/due from transaction when one Edit, Delete
entity pays a bill that belongs to another entity.
Solution Description
, ME-002: User access Standard functionality
Requirement: System should support restricting users to
viewing and entering data in specific entities.
Solution type
a. Standard functionality
b. Workaround
c. Marketplace solution
ME-002: User access Company > Admin > Users, roles & groups > Users
Requirement: System should support restricting users to
viewing and entering data in specific entities.
Where solution is found in Sage Intacct (if applicable)
ME-002: User access On the User Entity tab, users can be restricted to only access and record data for
Requirement: System should support restricting users to specific entities. Related permissions: Administrative Permissions > Users: List,
viewing and entering data in specific entities. View, Add, Edit, Delete, Permissions
Solution Description
GL-001: Accounts a. Standard functionali
Requirements: System should allow specific users to
create, edit, and delete General Ledger accounts.
Solution type
a. Standard functionality
b. Workaround
c. Marketplace solution
GL-001: Accounts General Ledger > All > Accounts > General Ledger Accounts
Requirements: System should allow specific users to
create, edit, and delete General Ledger accounts.
Where solution is found in Sage Intacct (if applicable)
GL-001: Accounts No configuration needed. Related permissions: Journal Entries: Reverse
Requirements: System should allow specific users to
create, edit, and delete General Ledger accounts.
Solution Description
GL-002: Accounts Standard functionality
Requirement: System should support recording non-
monetary numeric transactions, such as employee
headcount and square footage.
Solution type
a. Standard functionality
b. Workaround
c. Marketplace solution
CORRECT Answers
ME-001: Intercompany transactions a. Standard functionality
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
ME-001: Intercompany transactions Company > Setup > Configuration > Entities
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)
ME-001: Intercompany transactions The journal entry is automatically created based on the settings defined on the
Requirement: System should automatically record an Inter-entity Setup page. Related permissions: Company > Entities: List, View, Add,
intercompany due to/due from transaction when one Edit, Delete
entity pays a bill that belongs to another entity.
Solution Description
, ME-002: User access Standard functionality
Requirement: System should support restricting users to
viewing and entering data in specific entities.
Solution type
a. Standard functionality
b. Workaround
c. Marketplace solution
ME-002: User access Company > Admin > Users, roles & groups > Users
Requirement: System should support restricting users to
viewing and entering data in specific entities.
Where solution is found in Sage Intacct (if applicable)
ME-002: User access On the User Entity tab, users can be restricted to only access and record data for
Requirement: System should support restricting users to specific entities. Related permissions: Administrative Permissions > Users: List,
viewing and entering data in specific entities. View, Add, Edit, Delete, Permissions
Solution Description
GL-001: Accounts a. Standard functionali
Requirements: System should allow specific users to
create, edit, and delete General Ledger accounts.
Solution type
a. Standard functionality
b. Workaround
c. Marketplace solution
GL-001: Accounts General Ledger > All > Accounts > General Ledger Accounts
Requirements: System should allow specific users to
create, edit, and delete General Ledger accounts.
Where solution is found in Sage Intacct (if applicable)
GL-001: Accounts No configuration needed. Related permissions: Journal Entries: Reverse
Requirements: System should allow specific users to
create, edit, and delete General Ledger accounts.
Solution Description
GL-002: Accounts Standard functionality
Requirement: System should support recording non-
monetary numeric transactions, such as employee
headcount and square footage.
Solution type
a. Standard functionality
b. Workaround
c. Marketplace solution
