Select three reasons why you cannot close your Payables period A. suppliers on payment holds B. bills payable requiring maturity C. unapplied prepayments D. open intercompany transactions E. unaccounted invoices and payments
You created a payment and before it is cashed by the supplier you mistakenly submitted a request to stop payment. Later you canceled the request to stop payment. What is the resulting payment status? A. Canceled B. Stop initiated C.…
Which dashboard or workarea displays the Scanned Invoices region for invoices processed through the Payables Integrated Imaging solution? A. Invoices Workarea only B. Payables Dashboard and Invoices Workarea C. Payables Dashboard only D. Manage Invoices page E. C-Level executives
What are the two advantages of using a spreadsheet for correcting invoice import errors? A. identification of errors with clear error messages at the invoice header and line levels B. identification of errors with clear error messages at the invoice…
When creating a check payment, from where is the payment document defaulted? A. Legal Entity B. Back Account C. Bank D. Business Unit E. Supplier
Which is the Payables tool based on real-time data? A. Essbase Cube B. Oracle Financial Reporting (FR) C. Oracle Transactional Business Intelligence (OTBI) D. Smart View E. Oracle Business Intelligence Applications (OBIA)
Identify what Oracle considers two best practices when setting up Payables and Receivables account access for bank reconciliation. A. Only business units who use the same ledger as the bank accounts owning legal entity can be assigned access. B. Business…
A company makes the payment in a currency different from the invoice and ledger currency. What setup options are required to make the cross currency rate type the default? A. Manage Payable Options and Manage Invoice Options B. Manage Payable…
You have modified your tax setup and want to test the changes on actual Payables transaction. How do you validate before enabling for transaction? A. by creating a payable invoice, and by validating and reviewing the tax application B. Oracle…
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…