Tag: packaged enterprise solutions

Questions Related to packaged enterprise solutions

The ________ tab in the Collections window displays all open tasks relating to the customer displayed in the Collections window header.
technology packaged enterprise solutions

  1. A. Task

  2. B. Notes

  3. C. Profiles

  4. D. Transactions

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Correct Option: A

Which statement is true about Invoicing Rules and Accounting Rules?
technology packaged enterprise solutions

  1. A.If a transaction has an Invoicing Rule, an Accounting Rule is optional.

  2. B.If a transaction has an Invoicing Rule, an Accounting Rule is not allowed.

  3. C.If a transaction has an Invoicing Rule, an Accounting Rule is also required.

  4. D.Invoicing Rules and Accounting Rules have no effect until invoices are paid.

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Correct Option: C

Lockbox is defined for a
technology packaged enterprise solutions

  1. A. Bank

  2. B. Bank Branch

  3. C. Bank Account

  4. d. None of the above

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Correct Option: C

________is a service that commercial banks offer to their corporate customers to auomatically apply receipts via electronic transmission
technology packaged enterprise solutions

  1. A. Direct Debit

  2. B. Automatic Clearing

  3. C. Auto Lockbox

  4. D. Electronic Fund Transfer

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Correct Option: C

Commitment is nothing but _________
technology packaged enterprise solutions

  1. A.Adjustments

  2. B. Debit Memos

  3. C. Gurantee or deposit

  4. D. Credit memo

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Correct Option: C

In order to eliminate incorrect data and duplicate information we have to
technology packaged enterprise solutions

  1. A. Create Customer Relationships

  2. B. Create Account Relationship

  3. C. Merge Customers

  4. D. None of the above

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Correct Option: C

____program is used to transfer transactions from other systems into Receivables.
technology packaged enterprise solutions

  1. A. Create Accounting

  2. B. Autoinvoice Master

  3. C. Revenue Recognition

  4. D. Receivables Interface

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Correct Option: B

AutoCash rules apply to _____ receipts.
technology packaged enterprise solutions

  1. A. manual

  2. B. automatic

  3. C. QuickCash

  4. E. direct debit

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Correct Option: C

XYZ company received payment from a customer, but does not know which customer it is from. What should they do with the payment?
technology packaged enterprise solutions

  1. A. Use it On Account

  2. B. Leave as applied

  3. C. Leave as unidentified

  4. D. Use it with mass apply

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Correct Option: C

While entering a transaction line, a user sees a popup window with the error message Please correct the revenue account assignment. What are the two possible reasons for the error message? (Choose two.)
technology packaged enterprise solutions

  1. A.AutoAccounting has not been set up.

  2. B.You did not enter a salesperson for this transaction.

  3. C. Both A and B

  4. D. None of the above

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Correct Option: C