5/19/25, 10:06 PM IMPLEMENTING SAGE INTACCT ACTUAL TEST 2025/2026 COMPLETE ACCURATE TEST QUESTIONS AND CORRECT DET…
IMPLEMENTING SAGE INTACCT ACTUAL TEST
2025/2026 COMPLETE ACCURATE TEST
QUESTIONS AND CORRECT DETAILED ANSWERS
(100% CORRECT VERIFIED SOLUTIONS) A NEW
UPDATED VERSION |ALREADY GRADED A+
Terms in this set (144)
ME-001: Intercompany a. Standard functionality
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
1/44
,5/19/25, 10:06 PM IMPLEMENTING SAGE INTACCT ACTUAL TEST 2025/2026 COMPLETE ACCURATE TEST QUESTIONS AND CORRECT DET…
ME-001: Intercompany Company > Setup > Configuration > Entities
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)
ME-001: Intercompany The journal entry is automatically created based on
transactions the settings defined on the Inter-entity Setup page.
Requirement: System Related permissions: Company > Entities: List, View,
should automatically Add, Edit, Delete
record an intercompany
due to/due from
transaction when one
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
2/44
,5/19/25, 10:06 PM IMPLEMENTING SAGE INTACCT ACTUAL TEST 2025/2026 COMPLETE ACCURATE TEST QUESTIONS AND CORRECT DET…
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
Requirement: System access and record data for specific entities. Related
should support restricting permissions: Administrative Permissions > Users: List,
users to viewing and View, Add, Edit, Delete, Permissions
entering data in specific
entities.
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
3/44
, 5/19/25, 10:06 PM IMPLEMENTING SAGE INTACCT ACTUAL TEST 2025/2026 COMPLETE ACCURATE TEST QUESTIONS AND CORRECT DET…
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
4/44
IMPLEMENTING SAGE INTACCT ACTUAL TEST
2025/2026 COMPLETE ACCURATE TEST
QUESTIONS AND CORRECT DETAILED ANSWERS
(100% CORRECT VERIFIED SOLUTIONS) A NEW
UPDATED VERSION |ALREADY GRADED A+
Terms in this set (144)
ME-001: Intercompany a. Standard functionality
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
1/44
,5/19/25, 10:06 PM IMPLEMENTING SAGE INTACCT ACTUAL TEST 2025/2026 COMPLETE ACCURATE TEST QUESTIONS AND CORRECT DET…
ME-001: Intercompany Company > Setup > Configuration > Entities
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)
ME-001: Intercompany The journal entry is automatically created based on
transactions the settings defined on the Inter-entity Setup page.
Requirement: System Related permissions: Company > Entities: List, View,
should automatically Add, Edit, Delete
record an intercompany
due to/due from
transaction when one
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
2/44
,5/19/25, 10:06 PM IMPLEMENTING SAGE INTACCT ACTUAL TEST 2025/2026 COMPLETE ACCURATE TEST QUESTIONS AND CORRECT DET…
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
Requirement: System access and record data for specific entities. Related
should support restricting permissions: Administrative Permissions > Users: List,
users to viewing and View, Add, Edit, Delete, Permissions
entering data in specific
entities.
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
3/44
, 5/19/25, 10:06 PM IMPLEMENTING SAGE INTACCT ACTUAL TEST 2025/2026 COMPLETE ACCURATE TEST QUESTIONS AND CORRECT DET…
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
4/44
