Quiz on AP
Posted: Wed Nov 11, 2009 3:59 pm
A.Can you apply a prepayment to an expense report? what is your immediate answer?
1.Yes, We can prepay invoices and expense report.
2.Yes, If we schedule a payment
3. No, Prepayments can be applied only to Invoices.
4. Yes, if you set the correct profile options
What are the profile options to be enabled to do the following.
Invoices to be in a batch only.
Invoices to be numbered by the system only.
Accounting for all the invoices to be done.
4-way matching is enforced
Discounts to be taken
Profile options
1.AP: Enable Invoice Auto numbering
2. AP: Use Invoice Batch Controls
3. OM: Show Discount on Invoice
1.Yes, We can prepay invoices and expense report.
2.Yes, If we schedule a payment
3. No, Prepayments can be applied only to Invoices.
4. Yes, if you set the correct profile options
What are the profile options to be enabled to do the following.
Invoices to be in a batch only.
Invoices to be numbered by the system only.
Accounting for all the invoices to be done.
4-way matching is enforced
Discounts to be taken
Profile options
1.AP: Enable Invoice Auto numbering
2. AP: Use Invoice Batch Controls
3. OM: Show Discount on Invoice