Exam (elaborations)
Sage Questions and Correct Answers 2024/2025
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Sage Questions and Correct Answers 2024/2025
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ME-001: Intercompany transactionsRequirement: Requirement: System should robotically file an intercompany because of/due from
transaction while one entity can pay a invoice that belongs to every other entity.
1. Solution type
a. Standard capability
b. Workaround
c. Marketplace solution - ANSa. Standard capability
ME-001: Intercompany transactions
Requirement: System have to robotically record an intercompany because of/due from
transaction when one entity will pay a bill that belongs to some other entity.
Where answer is determined in Sage Intacct (if relevant) - ANSCompany > Setup >
Configuration > Entities
ME-001: Intercompany transactions
Requirement: System need to robotically report an intercompany due to/due from transaction
when one entity pays a invoice that belongs to any other entity.
Solution Description - ANSThe magazine entry is automatically created based at the settings
described on the Inter-entity Setup page. Related permissions: Company > Entities: List, View,
Add, Edit, Delete
ME-002: User access
Requirement: System should aid restricting customers to viewing and getting into information in
particular entities.
Solution kind
a. Standard functionality
b. Workaround
c. Marketplace solution - ANSStandard functionality
ME-002: User get right of entry to
Requirement: System must assist restricting users to viewing and entering facts in unique
entities.
Where solution is discovered in Sage Intacct (if relevant) - ANSCompany > Admin > Users,
roles & corporations > Users
ME-002: User get right of entry to
Requirement: System need to guide restricting users to viewing and entering statistics in unique
entities.
,Solution Description - ANSOn the User Entity tab, users may be confined to best access and
document facts for unique entities. Related permissions: Administrative Permissions > Users:
List, View, Add, Edit, Delete, Permissions
GL-001: Accounts
Requirements: System have to allow specific users to create, edit, and delete General Ledger
debts.
Solution kind
a. Standard functionality
b. Workaround
c. Marketplace solution - ANSa. Standard functionali
GL-001: Accounts
Requirements: System ought to allow specific users to create, edit, and delete General Ledger
bills.
Where solution is determined in Sage Intacct (if applicable) - ANSGeneral Ledger > All >
Accounts > General Ledger Accounts
GL-001: Accounts
Requirements: System ought to permit precise customers to create, edit, and delete General
Ledger money owed.
Solution Description - ANSNo configuration wished. Related permissions: Journal Entries:
Reverse
GL-002: Accounts
Requirement: System have to support recording non-economic numeric transactions, which
include worker headcount and rectangular photos.
Solution kind
a. Standard functionality
b. Workaround
c. Marketplace answer - ANSStandard capability
GL-002: Accounts
Requirement: System need to aid recording non-financial numeric transactions, such as
employee headcount and rectangular photos.
Where solution is determined in Sage Intacct (if relevant) - ANSGeneral Ledger > All > Accounts
> Statistical money owed
GL-002: Accounts
,Requirement: System must aid recording non-monetary numeric transactions, which includes
worker headcount and square photos.
Solution Description - ANSNo configuration needed. Related permissions: Statistical Journal
Entries: List, View, Add, Edit, Delete, Reverse
GL-003: Journal entries
Requirement: System ought to show a caution if the person tries to post a journal entry with a
date in a destiny period.
Solution kind
a. Standard functionality
b. Workaround
c. Marketplace answer - ANSa. Standard capability
GL-003: Journal entries
Requirement: System should show a caution if the consumer tries to post a journal entry with a
date in a future duration.
Where answer is determined in Sage Intacct (if relevant) - ANSSet the choice If destiny GL
posting date to Allow and warn. Related permissions: Administrative Permissions > Application
Subscriptions: Configure
GL-003: Journal entries
Requirement: System must show a warning if the person attempts to publish a journal access
with a date in a future period.
Solution Description - ANSGeneral Ledger Configuration
GL-004: Journal entries
Requirement: System ought to guide reversing magazine entries
Solution kind
a. Standard capability
b. Workaround
c. Marketplace answer - ANSa. Standard capability
GL-004: Journal entries
Requirement: System should guide reversing journal entries
Where solution is determined in Sage Intacct (if applicable) - ANSOn the magazine access or
journal access listing, pick Reverse.
GL-004: Journal entries
Requirement: System should aid reversing journal entries
Solution Description - ANSNo configuration wanted. Permissions needed: Journal Entries:
Reverse
GL-0.5: Journal entries
Requirement:System have to guide routine journal entries.
, A. Standard capability
b. Workaround
c. Marketplace solution - ANSa. Standard functionality
GL-1/2: Journal entries
Requirement:System must help ordinary journal entries.
Where solution is determined in Sage Intacct (if relevant) - ANSGeneral Ledger > All > Journal
entries > Recurring
GL-half: Journal entries
Requirement:System have to support ordinary magazine entries.
Solution Description - ANSNo configuration needed. Related permissions: Recurring Journal
Entries: List, View, Add, Edit, Delete
GL-006: Journal entries
Requirement System have to aid capability for modifying dimensions on a posted magazine
access.
A. Standard functionality
b. Workaround
c. Marketplace solution - ANSStandard capability
GL-006: Journal entries
Requirement System ought to help capability for enhancing dimensions on a posted magazine
access.
Where solution is discovered in Sage Intacct (if applicable) - ANSGo to the journal access list
view, next to the access click Edit. Note: If Approvals are enabled, the submitter can take into
account a submitted transaction and edit it. Once a magazine entry is accepted, it can not be
edited. You can most effective edit magazine entries that originate in the General Ledger;
entries posted routinely from subledger ought to be corrected in the subledger.
GL-006: Journal entries
Requirement System ought to support capability for modifying dimensions on a published
magazine entry.
Solution Description - ANSNo configuration needed. Related permissions: Journal Entries: Edit
GL-007: Journal entries
Requirement: System should aid routinely calculating and posting payroll.
A. Standard functionality
b. Workaround
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