Which statements are true regarding the Deposit function?

The correct answer is A. The Deposit function moves the payment from the business partner account to the bank G/L B. Use the Deposit function for cash, check, and credit card payments. C. The Deposit function moves the payment from the clearning or suspense account to the D. You do not need to use the Deposit function if you use the Payment Wizard for bank E. Use the Deposit function only for bank transfer payments. See the full explanation below for the reasoning.

Question

Options

AThe Deposit function moves the payment from the business partner account to the bank G/L
BUse the Deposit function for cash, check, and credit card payments.
CThe Deposit function moves the payment from the clearning or suspense account to the
DYou do not need to use the Deposit function if you use the Payment Wizard for bank
EUse the Deposit function only for bank transfer payments.

How the community answered

(23 responses)

A
100% (23)

Community Discussion

No community discussion yet for this question.

Full C_TB1300_07 Practice