Question 1

Your customer upload batch completes with an error and you identify the error as being due to incorrect payment method.Which action should you take the resolve the Issue?

Options :

A : Use the Customer Data Exceptions spreadsheet.

B : Use the Customer Payment Method Exceptions spreadsheet.

C : Troubleshoot In the Manage Customers page.

D : Correct error and resubmit the batch.

Answer: B

Question 2

A company s policy is always to apply customer payments to debit and credit items, starting with the oldest due date. Which function should you include in the default Auto-cash rule?

Options :

A : Clear the past due invoices grouped by payment terms

B : Clear the account

C : Match payment with Invoice

D : Apply to the oldest invoice first

E : Clear past due invoices

Answer: D

Question 3

it has been decided that when processing customer payments using lockbox one customer can pay for another customer's transaction. Which two steps will help achieve this?

Options :

A : Select the Allow payment of unrelated transactions Receivables System Option.

B : Define a relationship between the two customer accounts.

C : Define a netting agreement between the two customer accounts.

D : Define a business purpose of invoice to each customer address.

E : Define and share a cash pool bank account between the customers.

Answer: A,B

Question 4

Your customer has a state tax of 20% and a city tax of 10% as non-inclusive tax rates that are applicable on a transaction line. Your invoice has two lines: Line1 with $600 USD and Line2 with $400 USD.What will be the resulting tax and invoice amounts for your tax invoice?

Options :

A : state tax of $166.67 USD for the invoice, city tax of $16.67 USD, and an invoice total of $1,184.34 USD.

B : state tax of $166.67 USD for the invoice, city tax of $91.11 USD, and an invoice total of $1,257.78 USD.

C : state tax of $166.67 USD for the invoice, city tax of $91.11 USD, and an invoice total of $1,000 USD.

D : state tax of $200 USD for the invoice, city tax of $10 USD, and an invoice total of $1,210 USD.

E : state tax of $200 USD for the invoice, city tax of $100 USD, and an invoice total of $1,300 USD.

Answer: A

Question 5

While reviewing Balance Forward Bill Infertile on the Account Overview page m Bill Management, younotice that it is only displaying balance forward Mis raised in the last month.How can you increase the number of months to view past balance forward bills?

Options :

A : Add the number of months as a value for the BILL.MANAGEMENT lookup code

B : Use Bill Management System Options

C : Use the threshold view of Balance Forward Bill Infotile

D : Use Receivables System Options

Answer: B

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