You create a contract with two contract lines: Line 1 and Line 2. You create separate bill plans: A for contract Line 1 and B for contract Line 2, with a different bill set number (11 for Bill Plan A and 22 for Bill Plan B). Then Bill Plan A is allocated against Project X – Task 10, and Bill Plan B is allocated against Project Y – Task 30.

Correct Answer for the Question – You create a contract with two contract lines: Line 1 and Line 2. You create separate bill plans: A for contract Line 1 and B for contract Line 2, with a different bill set number (11 for Bill Plan A and 22 for Bill Plan B). Then Bill Plan A is allocated against Project X – Task 10, and Bill Plan B is allocated against Project Y – Task 30. is given below

You create a contract with two contract lines: Line 1 and Line 2. You create separate bill plans: A for contract Line 1 and B for contract Line 2, with a different bill set number (11 for Bill Plan A and 22 for Bill Plan B). Then Bill Plan A is allocated against Project X – Task 10, and Bill Plan B is allocated against Project Y – Task 30.Based on the preceding setup, you are generating invoices. Identify two correct statements about invoice generation in this scenario.

Invoice generation does not depend on bill plan. The invoices are created based on the contract line.

Both the contract lines create only a single invoice because they are using the same contract.

Two invoices are created using the same contract.

Bill set number drives the grouping of transactions.

Correct Answer

The Correct Answer for this Question is

Invoice generation does not depend on bill plan. The invoices are created based on the contract line.
Two invoices are created using the same contract.

Explanation

The Question – You create a contract with two contract lines: Line 1 and Line 2. You create separate bill plans: A for contract Line 1 and B for contract Line 2, with a different bill set number (11 for Bill Plan A and 22 for Bill Plan B). Then Bill Plan A is allocated against Project X – Task 10, and Bill Plan B is allocated against Project Y – Task 30. has been answered correctly and answers for the question is Invoice generation does not depend on bill plan. The invoices are created based on the contract line.
Two invoices are created using the same contract.

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