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Oracle

1Z0-516 · Question #434

Your client wants to import paid invoices from its legacy system to Oracle Receivables. It does not want to post the paid invoices to GL or update the customer balances. How would you import…

The correct answer is D. Assign a transaction type with the Open Receivable and Post to GL boxes deselected. See the full explanation below for the reasoning.

Question

Your client wants to import paid invoices from its legacy system to Oracle Receivables. It does not want to post the paid invoices to GL or update the customer balances. How would you import invoices in this scenario?

Options

  • ACreate a transaction source and set the status to Inactive.
  • BCreate a transaction source with the GL Date in a Closed Period box set to Adjust.
  • CAssign a transaction type with no values for the receivable and revenue accounts.
  • DAssign a transaction type with the Open Receivable and Post to GL boxes deselected.

How the community answered

(36 responses)
  • A
    14% (5)
  • B
    6% (2)
  • C
    3% (1)
  • D
    78% (28)

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