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Microsoft

MB6-702 · Question #45

In which three scenarios can you use a free text invoice? Each correct answer presents a complete solution.

The correct answer is A. To invoice a customer for miscellaneous charges C. To sell a fixed asset to a customer E. To produce recurring service invoices for customers. A free text invoice is an invoice that is not attached to a sales order. A free text invoice contains a header and one or more lines for items or services that are not tracked in inventory. Use a free text invoice for sales that do not require a sales order, packing slip, and…

Set up and Configure Accounts Receivable

Question

In which three scenarios can you use a free text invoice? Each correct answer presents a complete solution.

Options

  • ATo invoice a customer for miscellaneous charges
  • BTo acquire a fixed asset
  • CTo sell a fixed asset to a customer
  • DTo sell an inventory item to a one-time customer
  • ETo produce recurring service invoices for customers

How the community answered

(19 responses)
  • A
    74% (14)
  • B
    16% (3)
  • D
    11% (2)

Explanation

A free text invoice is an invoice that is not attached to a sales order. A free text invoice contains a header and one or more lines for items or services that are not tracked in inventory. Use a free text invoice for sales that do not require a sales order, packing slip, and customer invoice. For example, you can use a free text invoice for a consulting fee or services fee, or for a miscellaneous fee for an event reimbursement.

Topics

#free text invoice#fixed asset disposal#recurring invoices#invoice scenarios

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