IMPLEMENTING SAGE INTACCT / EXPERT
VERIFIED ACTUAL QUESTIONS & ANSWERS
FOR GUARANTEED PASS | NEWEST UPDATE, .
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.
COPYRIGHT © 2025 BY OLIVIA GREENWAYS, ALL RIGHTS RESERVED 1
,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.
COPYRIGHT © 2025 BY OLIVIA GREENWAYS, ALL RIGHTS RESERVED 2
,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
COPYRIGHT © 2025 BY OLIVIA GREENWAYS, ALL RIGHTS RESERVED 3
, 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
COPYRIGHT © 2025 BY OLIVIA GREENWAYS, ALL RIGHTS RESERVED 4
VERIFIED ACTUAL QUESTIONS & ANSWERS
FOR GUARANTEED PASS | NEWEST UPDATE, .
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.
COPYRIGHT © 2025 BY OLIVIA GREENWAYS, ALL RIGHTS RESERVED 1
,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.
COPYRIGHT © 2025 BY OLIVIA GREENWAYS, ALL RIGHTS RESERVED 2
,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
COPYRIGHT © 2025 BY OLIVIA GREENWAYS, ALL RIGHTS RESERVED 3
, 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
COPYRIGHT © 2025 BY OLIVIA GREENWAYS, ALL RIGHTS RESERVED 4
