IMPLEMENTING SAGE INTACCT EXAM
QUESTIONS AND CORRECT DETAILED
ANSWERS (VERIFIED ANSWERS) ||ALREADY
GRADED A+||NEWEST VERSION
Quiz: 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
Ans: a. Standard functionality
Quiz: ME-001: Intercompany transactions
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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)
Ans: Company > Setup > Configuration > Entities
Quiz: 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
Ans: 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
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Quiz: 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
Ans: Standard functionality
Quiz: 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)
o
o
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Ans: Company > Admin > Users, roles & groups > Users
Quiz: ME-002: User access
Requirement: System should support restricting users to viewing and
entering data in specific entities.
Solution Description
Ans: 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
Quiz: GL-001: Accounts
Requirements: System should allow specific users to create, edit, and
delete General Ledger accounts.
Solution type
o
o
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