Online Access Free 1z0-961 Exam Questions

Which reports can show you differences between your subledger balances and general ledger balances to help you reconcile quickly?

• A.Payables to Ledger Reconciliation report
• B.Payables Aging reports with the General Ledger Trial Balance report
• C.General Ledger Financial Statements and the Accounts Payable and Invoice Registers
• D.Payables Trial Balance and General Ledger Trial Balance reports

You want to customize the Payables Invoice Register template to only display invoices when the Supplier name is Company A.Supplier name is a group that repeats on every page.
Which is the correct way to customize the template?

• A.Insert the syntax <?if:'COMPANY A'?> before the Supplier field and then enter the closing tag
  </<?if:COMPANY A?> after the invoices table.
• B.Hard code Supplier Name "Company A" in the report template and only invoices for that supplier will be displayed.
• C.Insert the syntax <?if:VENDOR_NAME='COMPANY A'?> before the Supplier field on the template.
  Then, enter the <?end if?> tag after the invoices table.
• D.Insert the syntax <?if:condition?> before the Supplier field and then enter the closing tag </<?
  if:condition?>.

Which attributes on the payables invoice can be used during approval rule creation?

• A.cost center segment and supplier only
• B.company segment, cost center segment, supplier, and Attribute 1 on the invoice line
• C.company and cost center segment only
• D.supplier only

An installment meets all the selection criteria of a Payment Process Request, but it still does not get selected for payment processing.
What is the reason for this?

• A.The pay-through date is in a closed Payables period.
• B.The installment was manually removed.
• C.The invoice needs re-validation.
• D.The pay-through date is in a future period.
• E.The invoice has not been accounted.

Which two setups are required to ensure the same tax is applied on both intercompany payable and receivable invoice? (Choose two.)

• A.Tax for inter-company is to be loaded using Create Taxable Transactions in Spreadsheet.
• B.First enter Payable transaction to calculate tax and then for Receivable Transaction.
• C.Ensure that both the receiver and provider business units and legal entities are subscribed to the applicable tax regime on the transaction date.
• D.Payable options are receivable system options should have same tax application options.
• E.You should check if any specific rules defined should cover both Sales_transaction and purchase_transaction business category.