SAGE INTACCT IMPLEMENTATION EXAM
ACTUAL EXAM QUESTIONS AND CORRECT
ANSWERS | LATEST VERSION | ALREADY
GRADED A+ | VERIFIED ANSWERS
GL-010: Budgets
Requirement: System should support entering or importing budgets for
budget to actual reports.
Where solution is found in Sage Intacct (if applicable) ------CORRECT
ANSWER---------------Budgets > All > Budgets > Budgets repository Note:
Budgets can be imported on the Company Setup Checklist
GL-010: Budgets
Requirement: System should support entering or importing budgets for
budget to actual reports.
a. Standard functionality
b. Workaround
c. Marketplace solution ------CORRECT ANSWER---------------Standard
functionality
GL-010: Budgets
Requirement: System should support entering or importing budgets for
budget to actual reports.
Solution Description ------CORRECT ANSWER---------------No configuration
needed. Related permissions: General Ledger > Budgets: List, View, Add,
Edit, Delete
,GL-011: Reports
Requirement:System should provide a general ledger report that displays
summary or detail information.
a. Standard functionality
b. Workaround
c. Marketplace solution ------CORRECT ANSWER---------------Standard
functionality
GL-011: Reports
Requirement:System should provide a general ledger report that displays
summary or detail information.
Where solution is found in Sage Intacct (if applicable) ------CORRECT
ANSWER---------------General Ledger Report Set Show transaction
presentation to Summary or Details
GL-011: Reports
Requirement:System should provide a general ledger report that displays
summary or detail information.
Solution Description ------CORRECT ANSWER---------------No configuration
needed. Related permissions: Reports > General Ledger: Run
GL-012: Reports
Requirement:System should provide financial reports that display summary
or detail information, expanded dimensions, budget to actual comparisons,
and period comparisons
a. Standard functionality
b. Workaround
c. Marketplace solution ------CORRECT ANSWER---------------Standard
functionality
,GL-012: Reports
Requirement:System should provide financial reports that display summary
or detail information, expanded dimensions, budget to actual comparisons,
and period comparisons
Where solution is found in Sage Intacct (if applicable) ------CORRECT
ANSWER---------------Financial Reports list Note: The Financial Reports
library is available to implementations that use a QuickStart Template.
GL-012: Reports
Requirement:System should provide financial reports that display summary
or detail information, expanded dimensions, budget to actual comparisons,
and period comparisons
Solution Description ------CORRECT ANSWER---------------Install reports
from the financial reports library, or create reports as necessary. Related
permissions: Reports > Financials: List, View, Add, Edit, Delete
CM-001: Banks
Requirement:System should support recording transfers between bank
accounts.
a. Standard functionality
b. Workaround
c. Marketplace solution ------CORRECT ANSWER---------------Standard
functionality
CM-001: Banks
Requirement:System should support recording transfers between bank
accounts.
, Where solution is found in Sage Intacct (if applicable) ------CORRECT
ANSWER---------------Cash Management > All > Transactions > Funds
Transfer
CM-001: Banks
Requirement:System should support recording transfers between bank
accounts.
Solution Description ------CORRECT ANSWER---------------No configuration
needed. Related permissions: Funds Transfers: List, View, Add, Reverse
CM-002: Credit cards
Requirement:Cash Management should support recording credit card
transactions paid to vendors.
a. Standard functionality
b. Workaround
c. Marketplace solution ------CORRECT ANSWER---------------b.
Workaround
CM-002: Credit cards
Requirement:Cash Management should support recording credit card
transactions paid to vendors.
Where solution is found in Sage Intacct (if applicable) ------CORRECT
ANSWER---------------This is a workaround for Cash Management, but
standard functionality in the system. Use Accounts Payable, not Cash
Management, to track credit card payments made to vendors.
CM-002: Credit cards
Requirement:Cash Management should support recording credit card
transactions paid to vendors.
ACTUAL EXAM QUESTIONS AND CORRECT
ANSWERS | LATEST VERSION | ALREADY
GRADED A+ | VERIFIED ANSWERS
GL-010: Budgets
Requirement: System should support entering or importing budgets for
budget to actual reports.
Where solution is found in Sage Intacct (if applicable) ------CORRECT
ANSWER---------------Budgets > All > Budgets > Budgets repository Note:
Budgets can be imported on the Company Setup Checklist
GL-010: Budgets
Requirement: System should support entering or importing budgets for
budget to actual reports.
a. Standard functionality
b. Workaround
c. Marketplace solution ------CORRECT ANSWER---------------Standard
functionality
GL-010: Budgets
Requirement: System should support entering or importing budgets for
budget to actual reports.
Solution Description ------CORRECT ANSWER---------------No configuration
needed. Related permissions: General Ledger > Budgets: List, View, Add,
Edit, Delete
,GL-011: Reports
Requirement:System should provide a general ledger report that displays
summary or detail information.
a. Standard functionality
b. Workaround
c. Marketplace solution ------CORRECT ANSWER---------------Standard
functionality
GL-011: Reports
Requirement:System should provide a general ledger report that displays
summary or detail information.
Where solution is found in Sage Intacct (if applicable) ------CORRECT
ANSWER---------------General Ledger Report Set Show transaction
presentation to Summary or Details
GL-011: Reports
Requirement:System should provide a general ledger report that displays
summary or detail information.
Solution Description ------CORRECT ANSWER---------------No configuration
needed. Related permissions: Reports > General Ledger: Run
GL-012: Reports
Requirement:System should provide financial reports that display summary
or detail information, expanded dimensions, budget to actual comparisons,
and period comparisons
a. Standard functionality
b. Workaround
c. Marketplace solution ------CORRECT ANSWER---------------Standard
functionality
,GL-012: Reports
Requirement:System should provide financial reports that display summary
or detail information, expanded dimensions, budget to actual comparisons,
and period comparisons
Where solution is found in Sage Intacct (if applicable) ------CORRECT
ANSWER---------------Financial Reports list Note: The Financial Reports
library is available to implementations that use a QuickStart Template.
GL-012: Reports
Requirement:System should provide financial reports that display summary
or detail information, expanded dimensions, budget to actual comparisons,
and period comparisons
Solution Description ------CORRECT ANSWER---------------Install reports
from the financial reports library, or create reports as necessary. Related
permissions: Reports > Financials: List, View, Add, Edit, Delete
CM-001: Banks
Requirement:System should support recording transfers between bank
accounts.
a. Standard functionality
b. Workaround
c. Marketplace solution ------CORRECT ANSWER---------------Standard
functionality
CM-001: Banks
Requirement:System should support recording transfers between bank
accounts.
, Where solution is found in Sage Intacct (if applicable) ------CORRECT
ANSWER---------------Cash Management > All > Transactions > Funds
Transfer
CM-001: Banks
Requirement:System should support recording transfers between bank
accounts.
Solution Description ------CORRECT ANSWER---------------No configuration
needed. Related permissions: Funds Transfers: List, View, Add, Reverse
CM-002: Credit cards
Requirement:Cash Management should support recording credit card
transactions paid to vendors.
a. Standard functionality
b. Workaround
c. Marketplace solution ------CORRECT ANSWER---------------b.
Workaround
CM-002: Credit cards
Requirement:Cash Management should support recording credit card
transactions paid to vendors.
Where solution is found in Sage Intacct (if applicable) ------CORRECT
ANSWER---------------This is a workaround for Cash Management, but
standard functionality in the system. Use Accounts Payable, not Cash
Management, to track credit card payments made to vendors.
CM-002: Credit cards
Requirement:Cash Management should support recording credit card
transactions paid to vendors.
