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You need to enter a last-minute invoice during the close process. What is the quickest way to enter and post the invoice to general ledger? Question: What is the quickest way to enter and post the invoice to general ledger? Options: Enter the invoice via a spreadsheet. Then, from the Manage Invoices page, query the … Read more
An invoice for $200 USD and a credit memo for $225 USD are due for payment and the “Apply credits up to zero amount†option is enabled for the payment process request. Which statement is correct? Question: Which statement is correct? Options: The payment process request applies $200 USD of the credit memo to the … Read more
What happens if a company runs the Payables Unaccounted Transactions Sweep program for February 2016 if the invoices with a Hold status have an invoice date of January 20,2016? Question: What happens if a company runs the Payables Unaccounted Transactions Sweep program for February 2016 if the invoices with a Hold status have an invoice … Read more
You have 10 ledgers and 30 business units and want to leverage Reference Data Sets. What is the function of Reference Data Sets? Question: What is the function of Reference Data Sets? Options: allow you to secure data by business unit allow you to assign multiple business units to users in a shared service center … Read more
Which invoice types can be included in the Create Payment flow? Question: Which invoice types can be included in the Create Payment flow? Options: Standard, Credit Memo and Debit Memo Standard, Credit Memo, and Invoice Request Standard, Credit Memo and Customer Refund Standard, Debit Memo and Customer Refund Correct Answer The Correct Answer for this … Read more
You have an invoice for $200 USD and a credit memo for $225 USD. In other words, the credit amount exceeds the invoice amount. If you enable the option to apply credits up to zero amount payment, then how will the invoice and credit memo be paid? Question: How will the invoice and credit memo … Read more
The payment build program has completed but with errors.When submitting the payment process request, which processing option is used to review the error messages from the Manage Payment Process Request Inquiry?Reference https://docs. oracle.com/cloud/latest/financialscs_gs/FAPPP/FAPPP1011879.htm Question: When submitting the payment process request, which processing option is used to review the error messages from the Manage Payment Process … Read more
What is the result of voiding a payment? Question: What is the result of voiding a payment? Options: The payment is reconciled to the bank statement. The payment is no longer valid for payment. A stop payment request has been initiated to the bank. A bills payable payment was created but is not yet matured … Read more
An invoice for $1,000 USD and a credit memo for ($1,100) USD are due for payment. What are the two outcomes if you choose the “Apply Credits Up to Zero Amount” option when submitting a Payment Process Request? Question: What are the two outcomes if you choose the “Apply Credits Up to Zero Amount” option … Read more
What is the difference between subject areas that append the word “Real Time” and those that do not? Question: What is the difference between subject areas that append the word “Real Time” and those that do not? Options: The “Real Time†subject areas are based on subledger transactions and the ones that are not are … Read more