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C_TB1200_10 · Question #2

What payment means can be used for outgoing payments in the Payment Wizard? Note: There are 2 correct answers to this question.

The correct answer is A. Checks C. Bank transfer. In SAP Business One's Payment Wizard, outgoing payments can be processed in bulk using Checks and Bank Transfers - both are designed for systematic, automated payment runs to vendors and suppliers, making them ideal for batch processing. Cash (B) is incorrect because cash…

Financial Accounting

Question

What payment means can be used for outgoing payments in the Payment Wizard? Note: There are 2 correct answers to this question.

Options

  • AChecks
  • BCash
  • CBank transfer
  • DCredit card

How the community answered

(20 responses)
  • A
    85% (17)
  • B
    10% (2)
  • D
    5% (1)

Explanation

In SAP Business One's Payment Wizard, outgoing payments can be processed in bulk using Checks and Bank Transfers - both are designed for systematic, automated payment runs to vendors and suppliers, making them ideal for batch processing.

Cash (B) is incorrect because cash payments must be handled manually and individually; they cannot be automated through the Payment Wizard's batch process. Credit Card (D) is incorrect because credit cards are an incoming payment method (used by customers to pay you), not an outgoing one for paying vendors.

Memory tip: Think "C-B" - Checks and Bank transfers are the two methods a company uses to send money to vendors in bulk. If it's something a customer hands you (cash, credit card), it belongs to incoming payments, not the wizard.

Topics

#Payment Wizard#outgoing payments#payment means#bank transfer

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