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Suppose that there are no seeded setup values. Which three setup steps are required before entering transactions? A. Define the Sales Tax Location flexfield. B. Define a transaction type. C. Define a receivable activity. D. Define an invoice grouping rule. E. Define a transaction batch source. F. Define at least one customer with a Bill To business purpose. G. Define at least one customer with a Ship To business purpose.

  1. A. B,E,G

  2. B. B,D,E,F

  3. C. B,D,E,G

  4. D. B,E,F
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Before entering transactions in Oracle Receivables with no seeded values, you need: B) Transaction type (defines transaction class, printing options, accounting), E) Transaction batch source (controls numbering, validation, and grouping), and F) Customer with Bill To business purpose (required to identify who is billed). Sales tax location is optional unless you charge tax, receivable activities are for adjustments/credits, grouping rules are optional, and Ship To is only needed if you ship goods.

AI explanation

With no seeded values, Receivables requires at minimum: a transaction type (to classify the transaction), a transaction batch source (to control numbering and validation for entry), and at least one customer with a Bill To business purpose (so the invoice has somewhere to bill). A Ship To purpose, receivable activity, and invoice grouping rule are useful for other features but aren't mandatory just to enter a basic transaction.

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