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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Payables Setup and Configuration | 20% | - Configure tax and accounting rules - Set up supplier and supplier sites - Configure Payables system options - Define payment terms and payment methods |
| Topic 2: Overview of Oracle Fusion Payables | 10% | - Payables concepts and architecture - Payables dashboard and work areas |
| Topic 3: Expense Reports Management | 10% | - Expense report approval workflow - Enter and submit expense reports - Audit and process expense reports |
| Topic 4: Accounting, Period Close and Reporting | 15% | - Create accounting entries - Transfer to General Ledger - Run Payables reports and analytics - Manage accounting periods |
| Topic 5: Invoice Processing | 25% | - Prepayments and credit memos - Invoice matching and holds resolution - iSupplier Portal invoice entry - Enter and validate invoices |
| Topic 6: Payments Processing | 20% | - Create and manage payment process requests - Stop and void payments - Single payments and batch payments - Payment formats and bank integration |
Identify three correct statements about Invoice Approval.
Correct Answer: A,B,E π³οΈ
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What is the validation status of an invoice after it is loaded using the Launch Import Invoice program?
Correct Answer: A π³οΈ
Which three options are used to sort the Unaccounted Transaction Report?
Correct Answer: A,D,E π³οΈ
Explanation: Only visible for PracticeMaterial members. You can sign-up / login (it's free).
Which hold type prevents accounting of a foreign currency invoice if the conversion rate is missing?
Correct Answer: E π³οΈ
Explanation: Only visible for PracticeMaterial members. You can sign-up / login (it's free).
Which two receipts modifications are displayed in the Payables Matched and Modified Receipts Report?
Correct Answer: C,E π³οΈ
Explanation: Only visible for PracticeMaterial members. You can sign-up / login (it's free).
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