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What are the prerequisites for interfacing Payables invoice lines with Assets?

  1. A. The invoice should be transferred to General Ledger.

  2. B. Distribution Account is Asset Clearing or CIP account

  3. C. All the above

  4. D. None of the above

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

To interface Payables invoice lines with Oracle Assets, two prerequisites exist: the invoice must be transferred to General Ledger (accounting created), and the distribution account must be either an Asset Clearing account or a CIP (Construction in Progress) account. These conditions ensure only asset-related capital costs flow to Assets. Since both A and B are required, 'All the above' is correct.