TEST 2 2026 STUDY GUIDE VERIFIED
QUESTIONS AND ANSWERS WITH EXPERT
REVIEW
◉ 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
, ◉ GL-001: Accounts
Requirements: System should allow specific users to create, edit, and
delete General Ledger accounts.
Solution Description.
Answer: No configuration needed. Related permissions: Journal
Entries: Reverse
◉ GL-002: Accounts
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.
Answer: Standard functionality
◉ GL-002: Accounts
Requirement: System should support recording non-monetary
numeric transactions, such as employee headcount and square
footage.
Where solution is found in Sage Intacct (if applicable).