What is the grouping order used to group transaction lines during the Autoinvoice Import process?
A. transaction Source, Customer Site Profile, Customer Account Profile, system options
B. System options. Customer Site Profile, Transaction Source, Customer Account Profile
C. Transaction Source, Customer Account Profile, Customer Site Profile, system options
D. Transaction Source, Customer Account Profile, system options. Customer Site Profile
A company has implemented a flat interest calculation late charges. Determine the late charge based on:
Amount Overdue = $1,500
Interest Rate = 20%
Days Overdue = 10
Days in period = 30
Outstanding Charges = $80
A.
$300
B.
$100
C.
$105.33
D.
$1,580
Dunning can be configured using .
A. only one business unit
B. only multiple business units
C. both by single business unit or multiple business units
D. can NOT be configured by business units
What three Work Areas are used to review and manage actionable items before the closing period?
A. The Billing Work Area for invoicing and adjustment approval related activities.
B. The Receivables Balances Work Area for customer payment and credit application processing.
C. The Revenue Adjustments Work Area for contingencies affecting revenue recognition.
D. The Receivables Balances Work Area for invoicing and adjustment approval related activities.
E. The Revenue Adjustments Work Area for customer payment and credit application processing.
What are the two parameters on which Collectors can create and save customer lists?
A. Work Status
B. Aging Bucket
C. Currency
D. Priority
The Collections Dashboard is comprised of the .
A. Delinquent Customer list, Activities list, Customer Search feature. Process Monitor table
B. Delinquent Customer list, Activities list, Customer Search feature
C. Delinquent Customer list, Activities list
D. Delinquent Customer list, Activities list, Process Monitor table
The AutoCash Rule Set defines the order in which the system will apply the receipt to an open debit Item.
Which Autocash Rule is NOT defined in the receivables setup?
A. Clear past due invoices grouped by Payment Terms
B. Clear past due invoices
C. Apply to the oldest invoice first
D. Apply to the latest invoice first
Which transaction will be included when selecting transactions of specified customers in the Createm Balance Forward Billing Program?
A. Transactions that have a Bill Type of Imported
B. Transactions that were included on a previous Balance Forward Bill
C. Transactions that have the selected payment terms
D. Transactions that have the Print Option set to Do Not Print
The rules applicable to issue refunds are . Select two.
A. You can NOT refund more than either the original receipt amount or the remaining unapplied amount.
B. You can refund receipts that were either remitted or cleared.
C. You can issue a credit card refund to a customer who has made a cash payment.
D. You can refund receipts that are factored.
Which three actions are facilitated through The Reconciliation Summary Report?
A. Drill down from any of the summarized Receivables and Accounting amounts to see the detailed activity.
B. Drill down on the difference amounts to see specific reconciling items and the potential cause of the out of balance condition.
C. Drill down to see details of what still needs to be transferred and posted to the General Ledger.
D. Drill down to see reconciliation details and make reconciling for corrections.
E. Drill down to view the data and use standard Excel functionalities like sum, find, sort, and filtering WITHOUT downloading to Excel.
