Pass the Oracle JD Edwards Financial Management 1z0-342 Questions and answers with ExamsMirror

Specify whether debits and credits are required to balance In the Manual Reconciliation (P09131) program.

Specify a tolerance amount greater than 10% by which debit and credit transactions can be out of balance in the Manual Reconciliation (P09131) program.

Set the Reconciliation Type processing option to 1. Matching Debit Credit Reconciliation for the Manual Reconciliation (P09131) program.

Set up the Financial AAI GLRD

Detail Method uses Subsidiaries, and the company acts as a detail company for the transaction.

Detail Method uses Subledgers, and the company acts as a consolidation company for the transaction.

Detail Method uses Subledger, and the company acts as a hub company for the transaction.

Detail Method uses Subsidiaries, and the company acts as a hub company for the transaction.

Detail Method uses Subledgers, and the company acts as a detail company for the transaction.

Update the System Constants for the General Ledger and Accounts Payable systems to require Manager Approval of Input.

Update the processing options for A/P versions of the General Ledger Post program (R09801).

Update the System Constants for the Accounts Payable system to require Manager Approval of Input.

Update the System Constants for General Ledger and Accounts Payable systems to the setting Batch Control Required.

Update the Work with User Security/Role form (P00950) to include Batch Approval and Post for A/P users.

Update the Batch Approval/Post Security Constants for A/P Batch Security.

From the Batch Approval/Post Security Constants form, set up Approved and Secured Users.

Creates a voucher in the Accounts Payable Ledger table (F0411) with a document type NO.

Changes the pay status on the invoices to A

Creates a batch of vouchers (batch type V), which you must post.

After posting the receipt batch, the system debits the A/R trade account and credits the suspense account specified by the AA1 item RN.

Creates a batch of receipts {batch type RB), which you must post.

Creates a receipt in the Receipts Header (F03B13) and Receipts Detail (F03B14) tables to close the selected invoices.

Leave the Overpayment and Underpayment Reason Codes processing options blank In the Auto Write Off tab on the Standard Receipts Entry (P03B102) program.

Leave the Apply Invoices processing option blank on the Process tab on the Standard Receipts Entry (P03B102) program.

Set the Invoice Match processing option to 1 in the tab Match Priority on the Standard Receipts Entry (P03B102) program.

Set the Maximum Underpayment Amount and Maximum Overpayment Amount processing options to 0 (zero) In the Manual Write Off tab on the Standard Receipts Entry (P03B102) program.

Set the Maximum Underpayment Amount and Maximum Overpayment Amount fields to 0 (zero) and the Overpayment and Underpayment Reason Codes processing options to blank in the Auto Write Off tab on the Standard Receipts Entry (P03B102) program.

When posting a payment, the system updates the Posted Code to P in the Payment Header table (F0413) and the Payment Detail table (F0414).

When posting a payment, the system updates the Posted Code to D in the Payment Header table

(F0413) and the Payment Detail table (F0414).

When posting a payment, the system updates the Account Balance table (F0902) based on the F09ii records.

When posting a payment, the system writes an Automatic Entry record and updates the Posted

Code to P for the existing payment record in the Account Ledger table (F0911).

When posting a payment, the system writes a posted Payment record and an Automatic Entry record to the Account Ledger table (F0911).

When posting a payment, the system updates the Account Balance table (F0902) based on the

F0413 and F0414 records.

If the account is not set up as taxable and you enter a 1 in the Track Taxes field, the system automatically changes the value to 0.

The system updates the F0016R tax table with tax information for the account if the Track Taxes

field is populated.

The system automatically updates the Track Taxes field to 1 if the account Is set up as taxable and at least one pay item on the invoice has taxes.

If you do not want to track taxes for the account, change the value in the Track Taxes field to 0.

The Track Taxes field cannot be edited unless the Processing Option - Allow Tax Tracking Is flagged on.

The Debit/Credit Match Reconciliation program (P09131) must use the reconciliation code of *R\

You cannot change the reconciliation code for this program.

Because your client is using bank statement processing, they cannot use values 'A' or 'D* because

they are used by the Bank Statement programs.

All the one-digit values in UDC 09/RC are hard-coded. You must select and add a two-digit code if using a different reconciliation code than 'R'.

The Auto Reconcile Void Payment (R09551) and Auto Reconcile Void Receipt (R09552) programs use the default reconciliation code of 'R'. You cannot change the reconciliation code for these programs.

When using multiple reconciliation codes, duplicate AAI ranges must also be created to prevent system errors.